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Greenlight Capital Re, Ltd.NasdaqGS:GLRE Aktierapport

Marknadsvärde US$527.0m
Aktiekurs
US$15.67
US$39.84
60.7% undervärderad intrinsisk rabatt
1Y8.5%
7D-8.8%
1D
Portföljens värde
​
Utsikt

Greenlight Capital Re, Ltd.

NasdaqGS:GLRE Aktierapport

Börsvärde: US$527.0m

Greenlight Capital Re (GLRE) Aktievy

Greenlight Capital Re, Ltd. är genom sina dotterbolag verksamt som ett återförsäkringsbolag för egendom och skadeförsäkringar över hela världen. Mer information

GLRE fundamental analys
Snöflinga Score
Värdering3/6
Framtida tillväxt0/6
Tidigare resultat5/6
Finansiell hälsa6/6
Utdelningar0/6

Belöningar

Handlar till 60.7% under vår uppskattning av dess verkliga värde

Intäkterna ökade med 78.2% under det senaste året

Riskanalys

Betydande insiderförsäljning under de senaste 3 månaderna


GLRE Community Fair Values

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Greenlight Capital Re, Ltd. Konkurrenter

Prishistorik och prestanda

Sammanfattning av aktiekursernas upp- och nedgångar samt förändringar för Greenlight Capital Re
Historiska aktiekurser
Aktuell aktiekursUS$15.67
52 veckors högstaUS$19.39
52 veckors lägstaUS$11.57
Beta0.38
1 månads förändring-13.81%
3 månaders förändring10.43%
1 års förändring8.52%
3 års förändring59.41%
5 års förändring67.95%
Förändring sedan börsintroduktionen-34.79%

Senaste nyheter och uppdateringar

Seeking Alpha • Apr 14

Greenlight Capital Q1 2026 Letter

Summary The Greenlight Capital funds returned 6.5% in the first quarter of 2026, net of fees and expenses, compared to -4.4% for the S&P 500 index. We now think ‘top-down’ in addition to ‘bottom-up’ and when we have a clear basis for a macroeconomic prediction, we invest directly in macro instruments. Our assessment is that most investors are positioned primarily for a favorable resolution despite the uncertainty and the fact that energy prices remain elevated. We continue to hold our gold position, including a much smaller position in binary call options, after taking significant profits when gold peaked in late January. We initiated a medium-sized new position in Versant Media Group, a recent spin-off from Comcast that owns cable channels like CNBC and USA Network. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Apr 14

Greenlight Capital Q1 2026 Letter

Summary The Greenlight Capital funds returned 6.5% in the first quarter of 2026, net of fees and expenses, compared to -4.4% for the S&P 500 index. We now think ‘top-down’ in addition to ‘bottom-up’ and when we have a clear basis for a macroeconomic prediction, we invest directly in macro instruments. Our assessment is that most investors are positioned primarily for a favorable resolution despite the uncertainty and the fact that energy prices remain elevated. We continue to hold our gold position, including a much smaller position in binary call options, after taking significant profits when gold peaked in late January. We initiated a medium-sized new position in Versant Media Group, a recent spin-off from Comcast that owns cable channels like CNBC and USA Network. Read the full article on Seeking Alpha
Seeking Alpha • Apr 13

Revisiting Greenlight Capital Re: Old Same 'Hold'

Summary Greenlight Re's underwriting performance has been weak, with significant losses in 2024 due to catastrophe events and adverse prior-year claim development. Despite solid investment returns, including a 9.8% total return in 2024, Los Angeles wildfires could offset much of Greenlight's potential underwriting gains in 2025. Greenlight Re's valuation remains low, trading at 0.75 times its book value, reflecting skepticism about David Einhorn's ability to outperform traditional indexes. My "HOLD" rating persists, as Greenlight Re's investment performance is crucial, but it has underperformed compared to the S&P 500 since 2019. Read the full article on Seeking Alpha
Seeking Alpha • Mar 04

Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2024 Update

Summary Greenlight Capital's 13F portfolio value decreased from $2.40B to $1.94B in Q4 2024, with a 7.2% return for the year. New stakes include Centene Corp. at 2.71% of the portfolio, while notable disposals include IAC Inc., LivaNova PLC, and Tenet Healthcare. Significant stake increases were made in CNH Industrial, PENN Entertainment, Peloton Interactive, and Weatherford International plc. Major stake decreases include Consol Energy, Brighthouse Financial, Kyndryl Holdings, and Viatris, with Green Brick Partners remaining the largest position at ~28%. Read the full article on Seeking Alpha
Seeking Alpha • Jan 23

Greenlight Capital Q4 2024 Letter

Summary The Greenlight Capital funds (the "Partnerships") returned 7.2% in 2024, net of fees and expenses, compared to 25.0% for the S&P 500 index. There is an open debate as to whether Bitcoin will at some point enter the mainstream as an official currency. Most levered ETFs achieve their leverage by going to large investment banks and buying swaps on the shares. Read the full article on Seeking Alpha
Seeking Alpha • Dec 06

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

Summary Greenlight Capital's 13F portfolio increased to $2.40B in Q3 2024, with a 1.1% return versus 5.9% for the S&P 500 Index. New stake in CNH Industrial at 3.28% of the portfolio; stock currently trades at $11.94. Significant stake increases in HP Inc., Kyndryl Holdings, PENN Entertainment, and Liberty Global. The largest position, Green Brick Partners, saw continued trimming, primarily due to in-kind distributions to redeeming shareholders. Read the full article on Seeking Alpha
Seeking Alpha • Nov 20

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

Summary Greenlight Re's stock rating remains "HOLD" due to underwriting challenges and inconsistent investment returns despite recent gains and a 37.6% return since May 2023. The company's underwriting performance remains weaker than larger peers, which benefit from a stronger capital base and better underwriting discipline. Greenlight Re's investment portfolio, managed by David Einhorn, underperformed the S&P 500, highlighting challenges in consistently beating market benchmarks. Trading at 0.78 times book value, Greenlight Re's valuation reflects volatility in underwriting and investment results, justifying a continued "HOLD" rating. Read the full article on Seeking Alpha
Seeking Alpha • Oct 17

Greenlight Capital Q3 2024 Letter

Summary The Greenlight Capital funds (the “Partnerships”) returned 1.1%1 in the third quarter of 2024, net of fees and expenses, compared to 5.9% for the S&P 500 index. We will avoid calling this market a bubble, and simply observe that the dividend yield is low and the P/E ratio is elevated despite corporate earnings being cyclically high, if not top-of-cycle. We are likely to continue to underperform a rising market, as we have all year, but we don’t wish to position ourselves to lose money should the market continue to rise. Read the full article on Seeking Alpha
Seeking Alpha • Sep 05

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

Summary Greenlight Capital's 13F portfolio value decreased to $2.04B in Q2 2024, with a quarterly return of 2.8% versus the S&P 500's 4.3%. New stakes include Peloton Interactive, Capri Holdings, and IAC Inc., while notable disposals include First Citizens BancShares and Net Power Inc. Significant increases in positions include HP Inc., Penn Entertainment, and Viatris, while major decreases include Brighthouse Financial and Kyndryl Holdings. Green Brick Partners remains the largest position at ~29% of the portfolio. Read the full article on Seeking Alpha
Seeking Alpha • Aug 23

Greenlight Capital Q2 2024 Letter

Summary Greenlight Capital funds returned 2.8% in Q2 2024, underperforming the S&P 500's 4.3%. Market observed peculiar relationship between top 20 S&P 500 stocks and rest, with negative correlation. Portfolio performance mixed with some winners like CONSOL Energy and losers like Alight in Q2. Read the full article on Seeking Alpha
Seeking Alpha • Jun 07

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

Summary Greenlight Capital's 13F portfolio value increased from $2.05B to $2.18B in Q1 2024. New stakes include Penn Entertainment, HP Inc., Roivant Sciences, and Liberty Global. Stake disposals include Gulfport Energy, Herc Holdings, First Horizon Corp, and New York Community Bancorp. Read the full article on Seeking Alpha
Seeking Alpha • Mar 05

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

Summary Greenlight Capital's 13F portfolio value increased from $1.76B to $2.05B this quarter. New stakes include Alight Inc. and Viatris. Stake disposals include Southwestern Energy and iShares Silver Trust ETF. Read the full article on Seeking Alpha
Seeking Alpha • Jan 24

Greenlight Capital Q4 2023 Letter

Summary Green Light Capital is a privately owned hedge fund sponsor. The firm invests in the public equity and fixed income markets of the United States. It primarily invests in value. The Greenlight Capital funds returned 22.1% in 2023, net of fees and expenses, compared to 26.3% for the S&P 500 index. At year-end, the largest disclosed long positions in the Partnerships were Brighthouse Financial, CONSOL Energy, Green Brick Partners, Kyndryl Holdings and Vitesco Technologies Group. The Partnerships had an average exposure of 118% long and 70% short. Read the full article on Seeking Alpha
Analysartikel • May 17

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha • Oct 18

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

Insurance company Greenlight Capital Re (NASDAQ:GLRE) on Tuesday said one of its entities had invested in a short-term rental insurance startup called SafelyStay. Terms of the deal were not disclosed. The investment was done by Greenlight Re Innovations. Safely provides guest screening services for homeowners who put up their houses for rent on travel platforms. The company also provides short-term rental insurance. Safely has accumulated more than 2M nights' worth of data, GLRE said in a statement.
Seeking Alpha • Oct 10

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

Summary David Einhorn's 13F stock portfolio value decreased from $1.57B to $1.29B this quarter. Greenlight increased Atlas Air Worldwide, Kyndryl Holdings, and Victoria’s Secret while decreasing Teck Resources, Change Healthcare, Chemours, and International Seaways. They also dropped Gulfport Energy, Intel Corp., and TD SYNNEX. The largest three positions are at ~44% of the portfolio. As of Q2 2022, the overall portfolio is 86% long and 68% short. This article is part of a series that provides an ongoing analysis of the changes made to David Einhorn’s Greenlight Capital 13F portfolio on a quarterly basis. It is based on Einhorn’s regulatory 13F Form filed on 8/15/2022. Please visit our Tracking David Einhorn's Greenlight Capital Holdings article series for an idea on his investment philosophy and our previous update for the fund’s moves during Q1 2022. Greenlight Capital’s 13F portfolio value stood at $1.29B this quarter. It is down ~18% compared to $1.57B as of last quarter. Einhorn’s Q2 2022 letter reported that the fund returned 13.2% for H1 2022. This is compared to negative 20% for the S&P 500 Index. In addition to partner stakes, the fund also invests the float of Greenlight Capital Re (GLRE). To learn about David Einhorn and the perils of shorting, check out his “Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story”. Note: It was reported in early August that Einhorn had built a merger-arbitrage stake in Twitter (TWTR) at a cost-basis of ~$37. Their estimated value if the $54.20 deal from Elon Musk doesn’t go through is ~$20. At ~17 upside & ~17 downside, it means the market at the time was assigning 50-50 odds that the deal should go through for something that should happen 95% of the time. Stake Disposals TD SYNNEX Corp. (SNX): The 1.10% SNX stake was purchased last quarter at an average price of $105.33. It was sold this quarter at prices between ~$90 and ~$107. It now goes for $82.84. Gulfport Energy (GPOR) and Intel Corp. (INTC): These small (less than ~1% of the portfolio, each) stakes were disposed during the quarter. Stake Increases: Atlas Air Worldwide (AAWW): AAWW is a large (top three) 6.37% of the portfolio stake established in Q2 2020 at an average price of $36.28 per share. There was a ~45% selling in Q4 2021 at prices between ~$77.50 and ~$95. This quarter saw a ~57% stake increase at prices between ~$59 and ~$73. The stock currently trades at ~$98. Note: In August, an investor group led by Apollo agreed to acquire AAWW at $102.50 per share cash. CONSOL Energy (CEIX): CEIX is a 6.29% of the portfolio position that came about as a result of the merger with CONSOL Coal Resources that closed in December. Terms called for 0.73 shares of CONSOL Energy for each share of CONSOL Coal held. Greenlight had a position in CONSOL Coal for which they received these shares. There was a ~30% reduction in Q1 2021 at prices between ~$6.75 and ~$12.20. That was followed with a ~25% selling in Q2 2021 at prices between ~$8.75 and ~$18.70. The last two quarters had seen another ~30% selling at prices between ~$20.50 and ~$40.50 while this quarter saw a ~11% increase. CEIX currently trades at $70.30. Global Payments (GPN): GPN is a fairly large 4.43% of the portfolio stake established in Q4 2021 at prices between ~$118 and ~$161 and the stock currently trades at ~$112. Greenlight’s cost-basis is ~$126 per share. There was a marginal increase this quarter. Note: Their Q4 2021 letter had the following regarding GPN: the ~45% drop due to fintech disruption worries is overdone. There is also a chance that they might get acquired. Kyndryl Holdings (KD): KD is a ~4% of the portfolio position built over the last three quarters at prices between ~$9 and ~$41 and the stock is now at $8.49. The ODP Corp. (ODP): ODP is a ~4% of the portfolio position, primarily built over the three quarters through Q4 2021 at prices between ~$36 and ~$50. The stock currently trades at $35.33. There was a ~20% stake increase this quarter at prices between ~$29 and ~$46. Note: Greenlight’s cost-basis is ~$44. SPDR Gold Trust (GLD): The 3.60% GLD stake was built in Q3 2020 at prices between $167 and $194. Q1 2021 saw a ~70% selling at prices between ~$158 and ~$183. Last two quarters have seen a ~140% stake increase at prices between ~$167 and ~$192. It currently trades at ~$158. Capri Holdings (CPRI): The ~3% CPRI position was purchased last year at prices between ~$40.50 and ~$67. Last quarter saw a ~12% trimming while this quarter there was a ~20% stake increase. The stock is now at ~$42. Note: Greenlight’s cost-basis is ~$56. Resideo Technologies (REZI): The 2.37% REZI stake was established in Q2 2020 at prices between $3.95 and $12.50. H2 2020 had seen a one-third increase at prices between ~$10 and ~$22.50 while next quarter saw a ~45% selling at prices between ~$21 and ~$31.50. That was followed with a ~15% trimming in Q4 2021. Last quarter saw a ~30% stake increase at prices between ~$23 and ~$27. The stock is now at $21.38. There was a minor ~4% increase this quarter. LivaNova plc (LIVN): The 2.18% of the portfolio stake in LIVN was built over the last three quarters at prices between ~$71 and ~$93. The stock is now well below that range at $48.50. This quarter saw a marginal increase. Victoria’s Secret (VSCO): The 1.61% stake in VSCO was primarily built in Q4 2021 at prices between ~$47 and ~$59. There was a ~70% stake increase this quarter at prices between ~$28 and ~$51. The stock is now at $33.90. Note: VSCO is a spinoff from Bath & Body Works (previously L Brands) that started trading in August 2021 at ~$46 per share. Weatherford International plc (WFRD): The 1.24% of the portfolio position in WFRD was purchased last quarter at an average price of $32.27 and it is now at $34.68. There was a ~7% stake increase this quarter. Stake Decreases: Brighthouse Financial (BHF): BHF is a large (top three) stake at ~11% of the portfolio. The position was established in Q3 2017 and increased by ~60% in the following quarter at an overall cost-basis of $57.92. The stock is currently at ~$47. There was a ~70% selling in Q4 2018 at prices between $29 and $46.50. Last three quarters have seen minor trimming. Note 2: BHF is a spinoff of MetLife’s (MET) U.S. Retail business (annuities and life insurance) that started trading in July 2017. Teck Resources (TECK): TECK is a 4.78% of the portfolio position purchased in Q2 2020 at prices between $7 and $12.25. The stock currently trades at ~$32. There was a ~40% stake increase in Q4 2020 at prices between ~$12.25 and ~$18.85 while next quarter there was a ~25% selling at prices between ~$18 and ~$23.75 The two quarters through Q3 2021 had seen a stake doubling at prices between ~$19.50 and ~$26.80. There was ~55% selling over the last three quarters at prices between ~$26 and ~$46. Change Healthcare (CHNG): CHNG was a 2.63% of the portfolio position purchased in Q1 2020 at a cost-basis of $11.40. There was a ~30% reduction in Q1 2021 at prices between ~$18.25 and ~$24. That was followed with a ~60% reduction this quarter at prices between ~$22.50 and ~$24. UnitedHealth (UNH) bought Change Healthcare in a $25.75 all-cash deal that closed earlier this month. Chemours (CC): CC is a 1.74% of the portfolio position established in Q2 2019 at a cost-basis of $23.18. Next quarter saw a ~75% stake increase at prices between $12 and $23. The five quarters through Q1 2021 had seen a two-thirds reduction at prices between ~$7 and ~$28.75. That was followed with a ~25% selling in Q4 2021 at prices between ~$28 and ~$34. Last quarter saw a similar increase at prices between ~$23 and ~$36. There was a two-thirds reduction this quarter at prices between ~$29.40 and ~$45. The stock is currently at $26.37. Note: Greenlight had a highly successful (4x returns) previous roundtrip with Chemours in the two-year period that ended in Q1 2018. International Seaways (INSW): INSW is a 0.74% stake established last quarter at an average price of $15.30 and it currently trades at $34.26. There was a ~55% selling this quarter at prices between ~$19.50 and ~$25. Galapagos NV (GLPG): The very small 0.64% of the portfolio stake in GLPG was reduced in the last two quarters. Greenlight’s cost-basis was ~$53 per share and the stock currently trades at $42.30. Kept Steady: Green Brick Partners (GRBK): GRBK is currently the largest position at ~26% of the 13F portfolio. The stake was acquired as a result of BioFuel Energy’s JGBL Builder Finance acquisition and rename transaction. The deal closed (October 2014) with Greenlight owning 49% of the business. David Einhorn was appointed Chairman of the Board following the transaction. Q1 2021 saw a ~28% selling at ~$20.50 per share through an underwritten offering. The stock currently trades at $22.49. They own ~38% of the business. iShares Silver Trust (SLV): SLV is a 2.26% of the portfolio position established in Q3 2021 at prices between ~$20 and ~$24.50 and the stock currently trades at $18.50.
Seeking Alpha • Aug 12

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

I analyzed Greenlight Re in 2019 and 2021. My conclusion was that investing with David Einhorn could be a rocky road. The reinsurance division had been loss-making for many years, with the company playing second fiddle in an increasingly competitive reinsurance market. In addition, the financial portfolio was not able to offset the losses in the reinsurance portfolio or generate enough profits to justify a premium in terms of a company valuation. Let's see if something has changed. In June 2019, I wrote an article about Greenlight Re (GLRE) and reanalyzed the company's performance in June 2021. I considered Greenlight Re was a reinsurer with a meager operating margin wholly dependent on investment income to offset recurring underwriting losses. Between June 2021 and now, Greenlight Re's share price has hardly moved. GLRE data by YCharts Like Greenlight Re's share price, my opinion about David Einhorn's investment vehicle did not fluctuate so much. No Underwriting Margin Improvement My previous articles indicated that the reinsurance portfolio was consistently loss-making since 2014, with a reported combined ratio above 100%. Annual Reports (Greenlight Re) Unfortunately, there was no significant improvement in terms of underwriting margins, as the company recorded a combined ratio of 100.9% in 2021, resulting in an underwriting loss of $5.2 million. 6M2022 Report (Greenlight Re) For the first six months of 2022, the company was adversely affected by the Russian-Ukrainian conflict, contributing 5.8 percentage points to the combined ratio. Nonetheless, the reinsurance company generated an underwriting income of $1.7 million for the year's first six months. The 6M2022 underwriting gains were fueled by better-than-expected Q2 2022 results, with a quarterly underwriting income of $9.3 million. 6M2022 Report (Greenlight Re) The improved underwriting result was driven primarily by a change in the business mix. The company reduced its exposure to low-margin motor and workers' compensation business; therefore, the higher-margin lines of business have elevated the underwriting income. Given 2019, 2020, and 2021 results, I still consider that Greenlight Re has no pricing power or comparative advantage over other reinsurers, which have also suffered from pricing competition over the past years. As Greenlight Re is smaller and less diversified than its peers, the Bermuda-based reinsurer is less well-equipped to generate steady underwriting gains. However, this is not David Einhorn's strategy. Greenlight Re is simply a reinsurance vehicle, serving to invest the premiums it collects. The question is, therefore, still the same: Is David Einhorn investing reinsurance premiums wisely? Beaten By A Plain-Vanilla S&P 500 ETF In 2021, Greenlight Re's investment portfolio delivered a total return of 7.5% vs. 28.71% for the S&P 500. ^SPX data by YCharts The investment portfolio was the most significant contributor to the company's earnings, as the total investment income amounted to $50.2 million for a total underwriting and investment income of around $45 million. 2021 Annual Report (Greenlight Re) As the combined ratio has been above 100% every year since 2014, the company is entirely dependent on the investment portfolio performance to generate earnings. To put it simply, Greenlight Re depends on David Einhorn's investing mojo. In terms of performance, the return on investment seems mixed. After a 30% loss in 2018, performance was 9.3%, 1.4% and 7.5, respectively in 2019, 2020 and 2021. Greenlight Re Investor Website With a plain-vanilla S&P 500 ETF, Greenlight Re would have delivered a total return performance of almost 91% over the same period. SPY Total Return Level data by YCharts Unfortunately, David Einhorn's investment convictions (e.g., his short investment in Tesla (TSLA) and his long investment in Brighthouse Financial (BHF)) did not pay off. Nonetheless, I could also counter-argue that the Solasglas fund, which manages Greenlight Re's investment portfolio, overperforms S&P 500 for the first seven months of the year, thanks to its short positions. Unfortunately, it is not sufficient for me to be interested in Greenlight Re. Being Contrarian Might Be Cool. Being Realistic Is More Efficient. When I was younger, I might have considered Greenlight Re as a potential investment, as the stock is traded below its book value, which amounts to $14.10 per share, vs. a current stock price of around $7.8. Unfortunately, I consider that the book value discount is justified for at least three reasons: (1) The underwriting performance is meager, with a combined ratio above 100%, although Q2 2022 results have shown significant improvements in terms of underwriting margins.
Seeking Alpha • Jun 02

Greenlight Capital Q1 2022 Letter

Green Light Capital is a privately owned hedge fund sponsor. The firm invests in the public equity and fixed income markets of the United States. It primarily invests in value. The Greenlight Capital funds (the “Partnerships”) returned 4.4%1 in the first quarter of 2022, compared to a 4.6% decline for the S&P 500 index. Our short portfolio had a strong result this quarter. The gains were broad- based, led by falling values for our basket of bubble stocks and a substantial fall in the price of a medical device company that reported disappointing results.
Seeking Alpha • May 19

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

David Einhorn's 13F stock portfolio value decreased from $1.75B to $1.57B this quarter. Greenlight increased Chemours, Warner Bros. Discovery, Resideo, LivaNova, Kyndryl, and PLBY while dropping Jack in the Box and EchoStar. They also added Southwestern Energy, Weatherford plc, International Seaways, and TD. The largest three positions are at ~41% of the portfolio. As of Q1 2022, the overall portfolio is 113% long and 81% short.
Seeking Alpha • Feb 28

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

David Einhorn's 13F stock portfolio value increased from $1.49B to $1.75B this quarter. Greenlight increased Capri Holdings, ODP Group, Livanova, & Victoria’s Secret while reducing Twitter, Concentrix, & EchoStar. They also added Global Payments while dropping AerCap and Fubotv. The largest three positions are at ~48% of the portfolio. As of Q4 2021, the overall portfolio is 127% long and 71% short.
Seeking Alpha • Nov 18

Tracking David Einhorn's Portfolio - Q3 2021 Update

David Einhorn's 13F stock portfolio value decreased from $1.59B to $1.49B this quarter. Greenlight increased The ODP Group, LivaNova plc, and Sonos while reducing Concentrix and AerCap Holdings. The largest three positions are at ~44% of the portfolio. As of Q3 2021, the overall portfolio is 127% long and 70% short.
Seeking Alpha • Sep 07

Tracking David Einhorn's Portfolio - Q2 2021 Update

David Einhorn's 13F stock portfolio value increased from $1.44B to $1.59B this quarter. Greenlight increased Teck Resources, GoPro, and The ODP Corp while reducing APi Group, CNX Resources, and Katapult Holdings during the quarter. They also dropped ADT Inc. and Alight Inc. The largest three positions are at ~42% of the portfolio. As of Q2 2021, the overall portfolio is 127% long and 68% short.
Seeking Alpha • Jun 28

Greenlight Re: Investing With David Einhorn Or Not

In 2019, I analyzed Greenlight RE, David Einhorn's listed reinsurance vehicle. My conclusion was that investing with David Einhorn could be a rocky road. The reinsurance division had been loss-making for many years, with the company playing second fiddle in an increasingly competitive reinsurance market. In addition, the financial portfolio was not able to offset the losses in the reinsurance portfolio or generate enough profits to justify a premium in terms of a company valuation. Two years have passed. Let's see if that has changed.
Analysartikel • Mar 07

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

Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly. For...
Analysartikel • Jan 31

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

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Analysartikel • Dec 27

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

Simon Burton has been the CEO of Greenlight Capital Re, Ltd. ( NASDAQ:GLRE ) since 2017, and this article will examine...
Analysartikel • Dec 01

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

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) shareholders should be happy to see the share price up 14% in the last...

Aktieägarnas avkastning

GLREUS InsuranceUS Marknad
7D-8.8%-3.9%1.5%
1Y8.5%-12.6%28.6%

Avkastning vs industri: GLRE översteg US Insurance branschen som gav -12.6 % under det senaste året.

Avkastning vs Marknaden: GLRE presterade sämre än US marknaden som gav 28.6 % under det senaste året.

Prisvolatilitet

Is GLRE's price volatile compared to industry and market?
GLRE volatility
GLRE Average Weekly Movement4.3%
Insurance Industry Average Movement4.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stabil aktiekurs: GLRE har inte haft någon betydande prisvolatilitet under de senaste 3 månaderna jämfört med marknaden för US.

Volatilitet över tid: GLRE s veckovolatilitet ( 4% ) har varit stabil under det senaste året.

Om företaget

GrundadAnställdaVD OCH KONCERNCHEFWebbplats
200484Greg Richardsongreenlightre.com

Greenlight Capital Re, Ltd. är genom sina dotterbolag verksamt som ett återförsäkringsbolag för egendom och olycksfall över hela världen. Verksamheten bedrivs genom segmenten Open Market och Innovations. Bolaget erbjuder återförsäkring av skadeförsäkring, såsom bilansvar och allmänt ansvar.

Greenlight Capital Re, Ltd. Sammanfattning av grunderna

Hur förhåller sig Greenlight Capital Re:s resultat och omsättning till dess börsvärde?
GLRE grundläggande statistik
BörsvärdeUS$527.01m
Vinst(TTM)US$80.96m
Intäkter(TTM)US$706.93m
6.4x
P/E-förhållande
0.7x
P/S-förhållande

Är GLRE övervärderat?

Se Verkligt värde och värderingsanalys

Resultat & intäkter

Viktig lönsamhetsstatistik från den senaste resultatrapporten (TTM)
GLRE resultaträkning (TTM)
IntäkterUS$706.93m
Kostnad för intäkterUS$596.89m
BruttovinstUS$110.04m
Övriga kostnaderUS$29.09m
IntäkterUS$80.96m

Senast redovisade vinst

Mar 31, 2026

Nästa vinstdatum

n/a

Vinst per aktie (EPS)2.44
Bruttomarginal15.57%
Nettovinstmarginal11.45%
Skuld/egenkapitalförhållande0.6%

Hur har GLRE utvecklats på lång sikt?

Se historisk utveckling och jämförelse

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/29 23:19
Aktiekurs vid dagens slut2026/05/29 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Greenlight Capital Re, Ltd. bevakas av 2 analytiker. 0 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Bruce HartingBarclays
Brett ShirreffsKeefe, Bruyette, & Woods