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
$532.98M
Enterprise Value$465.95M
Total Cash (Recent Filing)$75.09M
Total Debt (Recent Filing)$4.74M
Price to Earnings (P/E)6.7
Beta0.37
Next Earnings
Aug 04, 2026EPS Estimate
-0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.40
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 Cap0.87
Enterprise Value/Revenue0.69
Enterprise Value/Gross Profit1.35
Enterprise Value/Ebitda5.38
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
Balance Sheet StrengthExtremely low leverage and a large equity base materially increase resilience through underwriting cycles and catastrophe volatility. This durable capital cushion supports reserve adequacy, collateral needs, and the ability to underwrite opportunistically or return capital without stressing solvency ratios over the next several quarters.
Improved Cash GenerationSizable recent net income and strong operating cash flow signal the company can fund reserves, pay claims, and finance growth or buybacks from internal cash rather than external financing. Persistent positive cash generation reduces refinancing risk and supports consistent capital allocation over the medium term.
Investment PerformanceA demonstrably effective investment sleeve (Solasglas) materially boosts overall profitability via float returns, complementing underwriting results. Reliable investment alpha can sustainably enhance ROE and cushion underwriting volatility, provided the manager maintains disciplined risk controls and diversified exposures.
Bears Say
Open Market Premium DeclineA sharp, persistent drop in Open Market written premiums signals weaker top‑line capacity and pricing headwinds in core reinsurance markets. If lower writing is sustained, it restrains growth of float and limits underwriting scale, pressuring long‑term earnings and the ability to leverage fixed costs across higher premium volumes.
Innovations Underwriting PressureElevated combined ratio in the growth segment shows that scaling premium volume has not yet translated into sustainable underwriting margins. Continued underwriting losses would erode capital over time or force either tighter terms or higher pricing, limiting durable earnings improvement even as premiums rise.
Investment Volatility / DetractorsMaterial drawdowns in specific holdings highlight concentrated investment risk that can swing book value and regulatory capital. Given the importance of investment returns to overall profitability, recurring security-level losses can undercut capital cushions and complicate reserve coverage and long-term return predictability.
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 $532.98M.
When is Greenlight Capital Re’s upcoming earnings report date?
Greenlight Capital Re’s upcoming earnings report date is Aug 04, 2026 which is in 44 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 is -0.35.
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
Underperform
1
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3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
GLRE Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 5.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.17%
12-Months-Change
Fundamentals
Return on Equity
11.68%
Trailing 12-Months
Asset Growth
4.90%
Trailing 12-Months
Company Description
Greenlight Capital Re
Greenlight Capital Re, Ltd., operating through its subsidiaries, functions as a global property and casualty reinsurance provider. The company delivers a diverse range of property reinsurance solutions, encompassing areas such as automobile physical damage, personal lines, and commercial policies. Additionally, it supplies casualty reinsurance for risks including general liability, motor liability, professional liability, and worker's compensation. Its extensive portfolio also features specialized products for accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, energy, aviation, crop, cyber, political, and terrorism coverage. These offerings are distributed to clients worldwide via reinsurance brokers. Greenlight Capital Re, Ltd. was established in 2004 and has its headquarters situated in Grand Cayman, the Cayman Islands.
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
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Oxbridge Re Holdings
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Ownership Overview
5.65% Insiders
10.35% Mutual Funds
12.63% Other Institutional Investors
58.20% Public Companies and
Individual Investors