Greenlight Capital Re (GLRE)
NASDAQ:GLRE
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GLRE Stock Chart & Stats
$13.16
-$0.05(-0.39%)
At close: 4:00 PM EST
$13.16
-$0.05(-0.39%)
Day’s Range― - ―
52-Week Range$11.57 - $19.39
Previous CloseN/A
Volume8.88K
Average Volume (3M)163.85K
Market Cap
$590.36M
Enterprise Value-$19.88M
Total Cash (Recent Filing)$643.73M
Total Debt (Recent Filing)$7.40M
Price to Earnings (P/E)4.1
Beta0.40
Next Earnings
Aug 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.21
Shares Outstanding33,166,447
10 Day Avg. Volume274,013
30 Day Avg. Volume163,847
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.70
Price to Sales (P/S)0.71
P/FCF Ratio2.35
Enterprise Value/Market Cap-0.03
Enterprise Value/Revenue-0.03
Enterprise Value/Gross Profit-0.07
Enterprise Value/Ebitda-0.24
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)2
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet And Low LeverageThe company’s conservatively positioned balance sheet—low leverage and steadily growing equity—provides durable financial flexibility. This structure supports absorbing underwriting volatility, meeting collateral needs, and sustaining capital returns without stressing solvency over the next several quarters.
Strong Investment Performance (Solasglas) Boosting EarningsSustained investment performance, led by Solasglas which contributed meaningfully to Q1 investment income, materially bolsters net income and book value. Reliable portfolio returns on insurance float enhance long-term profitability and provide a recurring earnings buffer through underwriting cycles.
Diversification Via Rapid Innovations Segment GrowthRapid Innovations growth (+73% GWP) diversifies revenue beyond the cyclical Open Market. Organic expansion and Syndicate 3456 expand the recurring premium base, improving revenue stability and providing a durable channel for margin recovery if broader treaty pricing remains soft.
Bears Say
Extreme Annual Revenue Decline Raises Quality ConcernsAn extreme ~91% annual revenue decline undermines earnings quality and consistency, suggesting timing, reserve or reporting anomalies. Such swings reduce predictability of future margins and cash flows, complicating capital allocation and investor assessment across the coming quarters.
Open Market Written Premium Softness And Reduced ScaleA significant decline in Open Market written premiums and guidance for lower volumes reflect a weak pricing cycle and deliberate nonrenewals. Reduced scale limits underwriting leverage and float growth, pressuring underwriting margins, investment base size, and structural earnings power over multiple quarters.
Investment Portfolio Volatility And Material DetractorsMaterial one-off and concentrated investment losses highlight portfolio volatility inherent in the value-oriented strategy. Significant security drawdowns can offset underwriting gains, introduce recurring earnings variability, and strain capital metrics during adverse markets over the medium term.
Greenlight Capital Re News
GLRE FAQ
What was Greenlight Capital Re’s price range in the past 12 months?
Greenlight Capital Re lowest stock price was $11.56 and its highest was $19.39 in the past 12 months.
What is Greenlight Capital Re’s market cap?
Greenlight Capital Re’s market cap is $590.36M.
When is Greenlight Capital Re’s upcoming earnings report date?
Greenlight Capital Re’s upcoming earnings report date is Aug 11, 2026 which is in 94 days.
How were Greenlight Capital Re’s earnings last quarter?
Greenlight Capital Re released its earnings results on May 05, 2026. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.254 by -$0.204.
Is Greenlight Capital Re overvalued?
According to Wall Street analysts Greenlight Capital Re’s price is currently Overvalued.
Does Greenlight Capital Re pay dividends?
Greenlight Capital Re does not currently pay dividends.
What is Greenlight Capital Re’s EPS estimate?
Greenlight Capital Re’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Greenlight Capital Re have?
Greenlight Capital Re has 33,166,447 shares outstanding.
What happened to Greenlight Capital Re’s price movement after its last earnings report?
Greenlight Capital Re reported an EPS of $1.05 in its last earnings report, missing expectations of $1.254. Following the earnings report the stock price went down -0.335%.
Which hedge fund is a major shareholder of Greenlight Capital Re?
Currently, no hedge funds are holding shares in GLRE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Greenlight Capital Re Stock Smart Score
Neutral
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10
Blogger Sentiment
Bullish
GLRE Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 5.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.17%
12-Months-Change
Fundamentals
Return on Equity
11.10%
Trailing 12-Months
Asset Growth
7.80%
Trailing 12-Months
Company Description
Greenlight Capital Re
Greenlight Capital Re (GLRE) is a reinsurance and investment management company that specializes in providing property and casualty reinsurance products. Headquartered in the Cayman Islands, GLRE operates in the insurance sector, focusing on a range of reinsurance solutions for various risks, including those associated with natural disasters and other catastrophic events. The company is known for its unique approach by integrating investment management with its reinsurance operations, allowing it to leverage its capital effectively.
GLRE Company Deck
GLRE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a generally positive operating quarter driven by strong investment performance (notably Solasglas), a solid underwriting profit and meaningful improvement in combined ratios versus the prior year. Growth in the Innovations segment and active capital returns (share repurchases and a new $40M authorization) were constructive. Offsetting items include a Q1 underwriting shortfall in Innovations (combined ratio >100%), a sizable decline in Open Market written premiums amid a soft reinsurance market, geopolitical uncertainty (a $5M provision for the Middle East), and several individual investment detractors. Overall, the positives (net income, book value growth, strong investment returns, and underwriting improvement) outweigh the negatives, though risks remain from market softness and geopolitical exposure.View all GLRE earnings summariesTechnical Analysis
Kestrel Group
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Waterstone Financial
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SiriusPoint
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James River Group
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Oxbridge Re Holdings
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Ownership Overview
5.60% Insiders
9.91% Mutual Funds
5.48% Other Institutional Investors
66.58% Public Companies and
Individual Investors