How have GLRE shares performed in 2024?

Greenlight Capital Re's stock was trading at $11.42 on January 1st, 2024. Since then, GLRE shares have increased by 6.5% and is now trading at $12.16. View the best growth stocks for 2024 here .

Are investors shorting Greenlight Capital Re?

Greenlight Capital Re saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 445,600 shares, a decline of 7.1% from the March 15th total of 479,900 shares. Based on an average trading volume of 80,900 shares, the days-to-cover ratio is currently 5.5 days. Approximately 1.7% of the shares of the company are short sold. View Greenlight Capital Re's Short Interest .

When is Greenlight Capital Re's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our GLRE earnings forecast .

How were Greenlight Capital Re's earnings last quarter?

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) issued its earnings results on Tuesday, March, 5th. The financial services provider reported $0.50 earnings per share for the quarter. The financial services provider had revenue of $143.01 million for the quarter. Greenlight Capital Re had a net margin of 13.32% and a trailing twelve-month return on equity of 15.48%.

What other stocks do shareholders of Greenlight Capital Re own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Greenlight Capital Re investors own include Third Point Reinsurance (TPRE) , Oasis Petroleum (OAS) , Pfizer (PFE) , Ford Motor (F) , Idera Pharmaceuticals (IDRA) , Advanced Micro Devices (AMD) , Intel (INTC) , American International Group (AIG) , Chevron (CVX) and Enterprise Products Partners (EPD) .

How do I buy shares of Greenlight Capital Re?

Shares of GLRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GLRE

Greenlight Capital Re (GLRE) Stock Price, News & Analysis

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$12.16

-0.15 (-1.22%)

(As of 04/17/2024 ET)

Compare

Today's Range: $12.16
▼
$12.41
50-Day Range: $11.40
▼
$12.63
52-Week Range: $9.48
▼
$12.89

Volume: 37,571 shs
Average Volume: 79,463 shs
Market Capitalization: $429.98 million

P/E Ratio: 5.11
Dividend Yield: N/A
Price Target: N/A

Get Greenlight Capital Re alerts:

Greenlight Capital Re MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.46
Based on 2 Articles This Week
Insider Trading: Selling Shares
$108,228 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.69 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Greenlight Capital Re.

4.0

Short Interest

Percentage of Shares Shorted
1.72% of the float of Greenlight Capital Re has been sold short.
Short Interest Ratio / Days to Cover
Greenlight Capital Re has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in Greenlight Capital Re has recently decreased by 7.15%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Greenlight Capital Re does not currently pay a dividend.
Dividend Growth
Greenlight Capital Re does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GLRE.

3.0

News and Social Media Coverage

News Sentiment
Greenlight Capital Re has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Greenlight Capital Re this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for GLRE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Greenlight Capital Re to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greenlight Capital Re insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $108,228.00 in company stock.
Percentage Held by Insiders
27.10% of the stock of Greenlight Capital Re is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
41.52% of the stock of Greenlight Capital Re is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Greenlight Capital Re is 5.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greenlight Capital Re is 5.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.65.
Price to Book Value per Share Ratio
Greenlight Capital Re has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Greenlight Capital Re Stock (NASDAQ:GLRE)

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

GLRE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLRE Stock News Headlines

March 29, 2024 | insidertrades.com

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Director Ian Isaacs Sells 9,019 Shares

April 16, 2024 | americanbankingnews.com

Short Interest in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Declines By 7.1%

April 18, 2024 | Market Moving Trends (Ad)

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March 30, 2024 | msn.com

Greenlight Networks internet service fee set to rise in NY. How much more you'll be paying

March 20, 2024 | finance.yahoo.com

GLRE Apr 2024 12.500 put

March 16, 2024 | finance.yahoo.com

GLRE Apr 2024 12.500 call

March 8, 2024 | seekingalpha.com

Greenlight Capital Re, Ltd. (GLRE) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Greenlight Capital Re Ltd Reports Record Underwriting Income for 2023

April 18, 2024 | Market Moving Trends (Ad)

Top 5 AI Stocks to Buy for 2024

March 7, 2024 | finance.yahoo.com

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2023 Earnings Call Transcript

March 6, 2024 | investorplace.com

GLRE Stock Earnings: Greenlight Capital Re Beats EPS for Q4 2023

March 5, 2024 | globenewswire.com

Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results

February 27, 2024 | globenewswire.com

Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2023 Financial Results and Conference Call

February 26, 2024 | barrons.com

Greenlight Capital Re Ltd. Cl A

February 22, 2024 | morningstar.com

Greenlight Capital Re Ltd Class A GLRE

February 14, 2024 | finance.yahoo.com

UPDATE 1-Soros Fund, AQR, Millennium bought NYCB shares in Q4

January 24, 2024 | finance.yahoo.com

With EPS Growth And More, Greenlight Capital Re (NASDAQ:GLRE) Makes An Interesting Case

December 5, 2023 | finance.yahoo.com

Billionaire David Einhorn’s 10 Stock Picks with Huge Upside Potential

November 24, 2023 | finance.yahoo.com

15 Stocks Billionaire David Einhorn Just Bought and Sold

November 21, 2023 | finance.yahoo.com

Is it Still Safe to Invest in Green Brick Partners (GRBK)?

November 17, 2023 | finance.yahoo.com

Hedge Fund Manager David Einhorn Has Bounced Back. How to Join in His Success.

November 16, 2023 | finance.yahoo.com

Einhorn Has Bounced Back. Investors Can Join In by Buying Greenlight Re.

November 15, 2023 | finance.yahoo.com

Investors in Greenlight Capital Re (NASDAQ:GLRE) have seen notable returns of 41% over the past year

November 10, 2023 | finance.yahoo.com

AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Subsidiaries Following Announced Departure of CEO Simon Burton

November 10, 2023 | finance.yahoo.com

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q3 2023 Earnings Call Transcript

November 9, 2023 | finanznachrichten.de

Greenlight Capital Re: Greenlight Re Announces Third Quarter 2023 Financial Results

November 8, 2023 | finance.yahoo.com

Greenlight's Einhorn worries about markets, eyes higher oil prices - letter

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Fire, marine, & casualty insurance
Sub-Industry: Reinsurance
Current Symbol: NASDAQ:GLRE
CUSIP: G4095J10
CIK: 1385613
Web: www.greenlightre.ky
Phone: (345) 943-4573
Fax: 34-57-454-57
Employees: 64
Year Founded: 2004

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 5.11
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $86.83 million
Net Margins: 13.32%
Pretax Margin: 13.03%
Return on Equity: 15.48%
Return on Assets: 5.08%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 3.29
Quick Ratio: 3.29

Sales & Book Value

Annual Sales: $667.08 million
Price / Sales: 0.64
Cash Flow: $2.39 per share
Price / Cash Flow: 5.08
Book Value: $16.87 per share
Price / Book: 0.72

Miscellaneous

Outstanding Shares: 35,360,000
Free Float: 25,779,000
Market Cap: $429.98 million
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. Faramarz Romer (Age 47)
Chief Financial Officer
Comp: $488.36k
Dr. Thomas James Curnock Ph.D. (Age 52)
Chief Risk Officer
Comp: $483.11k
Mr. Simon Burton (Age 54)
Advisor
Comp: $1.01M
Mr. Patrick O'Brien (Age 54)
Chief Executive Officer of GRIL
Comp: $531.56k
Mr. Greg Richardson
CEO & Directors
Mr. Adam Prior
Senior Vice President of Equity Group Inc.
Mr. David E. Sigmon
General Counsel, Corporate Secretary & Chief Compliance Officer
Mr. Jim Ehman
Head of Casualty Underwriting - Cayman Islands
Mr. Kagabo Ngiruwonsanga
Head of Innovation Underwriting
Mr. Brian O'Reilly (Age 40)
Head of Innovations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GLRE Stock Analysis - Frequently Asked Questions

How have GLRE shares performed in 2024?: Greenlight Capital Re's stock was trading at $11.42 on January 1st, 2024. Since then, GLRE shares have increased by 6.5% and is now trading at $12.16.
View the best growth stocks for 2024 here.
Are investors shorting Greenlight Capital Re?: Greenlight Capital Re saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 445,600 shares, a decline of 7.1% from the March 15th total of 479,900 shares. Based on an average trading volume of 80,900 shares, the days-to-cover ratio is currently 5.5 days. Approximately 1.7% of the shares of the company are short sold.
View Greenlight Capital Re's Short Interest.
When is Greenlight Capital Re's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our GLRE earnings forecast.
How were Greenlight Capital Re's earnings last quarter?: Greenlight Capital Re, Ltd. (NASDAQ:GLRE) issued its earnings results on Tuesday, March, 5th. The financial services provider reported $0.50 earnings per share for the quarter. The financial services provider had revenue of $143.01 million for the quarter. Greenlight Capital Re had a net margin of 13.32% and a trailing twelve-month return on equity of 15.48%.

What other stocks do shareholders of Greenlight Capital Re own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Greenlight Capital Re investors own include Third Point Reinsurance (TPRE), Oasis Petroleum (OAS), Pfizer (PFE), Ford Motor (F), Idera Pharmaceuticals (IDRA), Advanced Micro Devices (AMD), Intel (INTC), American International Group (AIG), Chevron (CVX) and Enterprise Products Partners (EPD).
How do I buy shares of Greenlight Capital Re?: Shares of GLRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GLRE) was last updated on 4/18/2024 by MarketBeat.com Staff

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