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Greenlight Capital Re NasdaqGS:GLRE Stock Report

Last Price

US$12.31

Market Cap

US$435.3m

7D

1.2%

1Y

25.7%

Updated

24 Apr, 2024

Data

Company Financials

Greenlight Capital Re, Ltd.

NasdaqGS:GLRE Stock Report

Market Cap: US$435.3m

GLRE Stock Overview

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide.

GLRE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Greenlight Capital Re, Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Greenlight Capital Re
Historical stock prices
Current Share PriceUS$12.31
52 Week HighUS$12.89
52 Week LowUS$9.48
Beta0.80
1 Month Change4.15%
3 Month Change7.14%
1 Year Change25.68%
3 Year Change37.54%
5 Year Change3.01%
Change since IPO-48.77%

Recent News & Updates

Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2023 Update

Mar 05

Greenlight Capital Q4 2023 Letter

Jan 24

Recent updates

Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2023 Update

Mar 05

Greenlight Capital Q4 2023 Letter

Jan 24

If EPS Growth Is Important To You, Greenlight Capital Re (NASDAQ:GLRE) Presents An Opportunity

May 17
If EPS Growth Is Important To You, Greenlight Capital Re (NASDAQ:GLRE) Presents An Opportunity

Greenlight Capital Re invests in short-term rental insurance startup SafelyStay

Oct 18

Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2022 Update

Oct 10

Greenlight Capital Re: Re-Analyzing David Einhorn's Investment Vehicle

Aug 12

Greenlight Capital Q1 2022 Letter

Jun 02

Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2022 Update

May 19

Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2021 Update

Feb 28

Tracking David Einhorn's Portfolio - Q3 2021 Update

Nov 18

Tracking David Einhorn's Portfolio - Q2 2021 Update

Sep 07

Greenlight Re: Investing With David Einhorn Or Not

Jun 28

Tracking David Einhorn's Portfolio - Q1 2021 Update

Jun 08

Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 63% In The Past Five Years

Mar 07
Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 63% In The Past Five Years

Did Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Insiders Sell Shares?

Jan 31
Did Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Insiders Sell Shares?

A Look At Greenlight Capital Re's (NASDAQ:GLRE) CEO Remuneration

Dec 27
A Look At Greenlight Capital Re's (NASDAQ:GLRE) CEO Remuneration

Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 66% In The Past Three Years

Dec 01
Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 66% In The Past Three Years

Greenlight Capital Re forms marketing company boost presence in London market

Nov 24

Tracking David Einhorn's Portfolio - Q3 2020 Update

Nov 18

Shareholder Returns

GLREUS InsuranceUS Market
7D1.2%3.1%1.2%
1Y25.7%27.9%24.9%

Return vs Industry: GLRE underperformed the US Insurance industry which returned 28.5% over the past year.

Return vs Market: GLRE matched the US Market which returned 24.7% over the past year.

Price Volatility

Is GLRE's price volatile compared to industry and market?
GLRE volatility
GLRE Average Weekly Movement3.8%
Insurance Industry Average Movement3.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: GLRE has not had significant price volatility in the past 3 months.

Volatility Over Time: GLRE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200464Greg Richardsongreenlightre.com

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.

Greenlight Capital Re, Ltd. Fundamentals Summary

How do Greenlight Capital Re's earnings and revenue compare to its market cap?
GLRE fundamental statistics
Market capUS$435.30m
Earnings (TTM)US$86.83m
Revenue (TTM)US$655.25m

5.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLRE income statement (TTM)
RevenueUS$655.25m
Cost of RevenueUS$528.88m
Gross ProfitUS$126.37m
Other ExpensesUS$39.54m
EarningsUS$86.83m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.46
Gross Margin19.29%
Net Profit Margin13.25%
Debt/Equity Ratio12.3%

How did GLRE perform over the long term?

See historical performance and comparison
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