GLRE Stock Overview
Through its subsidiaries, operates as a property and casualty reinsurance company worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for GLRE from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Greenlight Capital Re, Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.83 |
| 52 Week High | US$15.82 |
| 52 Week Low | US$10.95 |
| Beta | 0.89 |
| 1 Month Change | -7.37% |
| 3 Month Change | 1.92% |
| 1 Year Change | 21.10% |
| 3 Year Change | 80.31% |
| 5 Year Change | 40.84% |
| Change since IPO | -42.45% |
Recent News & Updates
Tracking David Einhorn's Greenlight Capital Portfolio - Q3 2024 Update
Dec 06Revisiting Greenlight Capital Re: Still A 'Hold' For Me
Nov 20Greenlight Capital Q3 2024 Letter
Oct 17Recent updates
Tracking David Einhorn's Greenlight Capital Portfolio - Q3 2024 Update
Dec 06Revisiting Greenlight Capital Re: Still A 'Hold' For Me
Nov 20Greenlight Capital Q3 2024 Letter
Oct 17Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2024 Update
Sep 05Greenlight Capital Q2 2024 Letter
Aug 23Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2024 Update
Jun 07Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2023 Update
Mar 05Greenlight Capital Q4 2023 Letter
Jan 24If EPS Growth Is Important To You, Greenlight Capital Re (NASDAQ:GLRE) Presents An Opportunity
May 17
Greenlight Capital Re invests in short-term rental insurance startup SafelyStay
Oct 18Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2022 Update
Oct 10Greenlight Capital Re: Re-Analyzing David Einhorn's Investment Vehicle
Aug 12Greenlight Capital Q1 2022 Letter
Jun 02Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2022 Update
May 19Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2021 Update
Feb 28Tracking David Einhorn's Portfolio - Q3 2021 Update
Nov 18Tracking David Einhorn's Portfolio - Q2 2021 Update
Sep 07Greenlight Re: Investing With David Einhorn Or Not
Jun 28Tracking David Einhorn's Portfolio - Q1 2021 Update
Jun 08Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 63% In The Past Five Years
Mar 07Did Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Insiders Sell Shares?
Jan 31A Look At Greenlight Capital Re's (NASDAQ:GLRE) CEO Remuneration
Dec 27
Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 66% In The Past Three Years
Dec 01Greenlight Capital Re forms marketing company boost presence in London market
Nov 24Tracking David Einhorn's Portfolio - Q3 2020 Update
Nov 18Shareholder Returns
| GLRE | US Insurance | US Market | |
|---|---|---|---|
| 7D | 2.1% | -0.2% | -1.1% |
| 1Y | 21.1% | 24.9% | 22.4% |
Return vs Industry: GLRE underperformed the US Insurance industry which returned 25.7% over the past year.
Return vs Market: GLRE underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| GLRE volatility | |
|---|---|
| GLRE Average Weekly Movement | 4.0% |
| Insurance Industry Average Movement | 4.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GLRE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GLRE's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 64 | Greg Richardson | greenlightre.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
| GLRE fundamental statistics | |
|---|---|
| Market cap | US$481.73m |
| Earnings (TTM) | US$87.84m |
| Revenue (TTM) | US$702.25m |
5.5x
P/E Ratio0.7x
P/S RatioIs GLRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GLRE income statement (TTM) | |
|---|---|
| Revenue | US$702.25m |
| Cost of Revenue | US$560.86m |
| Gross Profit | US$141.40m |
| Other Expenses | US$53.56m |
| Earnings | US$87.84m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.52 |
| Gross Margin | 20.13% |
| Net Profit Margin | 12.51% |
| Debt/Equity Ratio | 9.4% |
How did GLRE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greenlight Capital Re, Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Thomas Gallagher | Credit Suisse |
| Brett Shirreffs | Keefe, Bruyette, & Woods |