company background image
GLRE logo

Greenlight Capital Re NasdaqGS:GLRE Stock Report

Last Price

US$13.70

Market Cap

US$480.7m

7D

1.0%

1Y

20.7%

Updated

30 Jan, 2025

Data

Company Financials

Greenlight Capital Re, Ltd.

NasdaqGS:GLRE Stock Report

Market Cap: US$480.7m

GLRE Stock Overview

Through its subsidiaries, operates as a property and casualty reinsurance company worldwide. More details

GLRE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

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

Summary of share price highs, lows and changes for Greenlight Capital Re
Historical stock prices
Current Share PriceUS$13.70
52 Week HighUS$15.82
52 Week LowUS$11.08
Beta0.89
1 Month Change-2.14%
3 Month Change1.48%
1 Year Change20.70%
3 Year Change88.19%
5 Year Change41.68%
Change since IPO-42.99%

Recent News & Updates

Recent updates

Greenlight Capital Q4 2024 Letter

Jan 23

Tracking David Einhorn's Greenlight Capital Portfolio - Q3 2024 Update

Dec 06

Revisiting Greenlight Capital Re: Still A 'Hold' For Me

Nov 20

Greenlight Capital Q3 2024 Letter

Oct 17

Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2024 Update

Sep 05

Greenlight Capital Q2 2024 Letter

Aug 23

Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2024 Update

Jun 07

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
7D1.0%1.5%-0.8%
1Y20.7%21.3%25.2%

Return vs Industry: GLRE matched the US Insurance industry which returned 21.3% over the past year.

Return vs Market: GLRE underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is GLRE's price volatile compared to industry and market?
GLRE volatility
GLRE Average Weekly Movement4.1%
Insurance Industry Average Movement4.1%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.3%

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

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$480.69m
Earnings (TTM)US$87.84m
Revenue (TTM)US$702.25m

5.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLRE income statement (TTM)
RevenueUS$702.25m
Cost of RevenueUS$560.86m
Gross ProfitUS$141.40m
Other ExpensesUS$53.56m
EarningsUS$87.84m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.52
Gross Margin20.13%
Net Profit Margin12.51%
Debt/Equity Ratio9.4%

How did GLRE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:58
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Bruce HartingBarclays
Thomas GallagherCredit Suisse
Brett ShirreffsKeefe, Bruyette, & Woods