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GLRE

GLRE - Greenlight Capital Re Ltd Stock Price, Fair Value and News

12.76USD-0.11 (-0.85%)Market Closed

Market Summary

GLRE
USD12.76-0.11
Market Closed
-0.85%

GLRE Alerts

  • Big jump in Earnings (Y/Y)

GLRE Stock Price

View Fullscreen

GLRE RSI Chart

GLRE Valuation

Market Cap

450.7M

Price/Earnings (Trailing)

4.17

Price/Sales (Trailing)

0.64

EV/EBITDA

-50.05

Price/Free Cashflow

16.86

GLRE Price/Sales (Trailing)

GLRE Profitability

EBT Margin

-2.01%

Return on Equity

17.29%

Return on Assets

5.75%

Free Cashflow Yield

5.93%

GLRE Fundamentals

GLRE Revenue

Revenue (TTM)

703.4M

Rev. Growth (Yr)

23.44%

Rev. Growth (Qtr)

23.04%

GLRE Earnings

Earnings (TTM)

108.0M

Earnings Growth (Yr)

358.96%

Earnings Growth (Qtr)

53.46%

Breaking Down GLRE Revenue

Last 7 days

1.4%

Last 30 days

-2.7%

Last 90 days

7.7%

Trailing 12 Months

30.5%

How does GLRE drawdown profile look like?

GLRE Financial Health

GLRE Investor Care

Shares Dilution (1Y)

3.71%

Diluted EPS (TTM)

3.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024703.4M000
2023548.6M616.9M657.1M667.1M
2022568.2M555.1M542.6M526.7M
2021561.5M581.3M596.6M588.6M
2020455.3M429.7M415.5M484.1M
2019341.6M393.9M499.6M538.2M
20180570.2M481.3M307.4M
2017585.6M619.3M709.9M645.7M
2016239.8M356.6M473.4M588.4M
2015449.6M316.9M220.0M123.0M
2014695.8M739.4M554.2M479.8M
2013543.4M607.3M607.4M765.1M
2012507.4M512.7M634.3M545.4M
2011421.0M437.0M415.7M403.1M
20100409.6M400.1M390.6M
2009000419.1M

Tracking the Latest Insider Buys and Sells of Greenlight Capital Re Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 27, 2024
isaacs ian
sold
-108,210
11.998
-9,019
-
Mar 15, 2024
romer faramarz
acquired
-
-
8,676
chief financial officer
Mar 15, 2024
o'brien patrick
acquired
-
-
8,489
-
Mar 15, 2024
diaz sherry
acquired
-
-
4,444
controller
Mar 15, 2024
curnock thomas james
acquired
-
-
8,772
chief risk officer
Mar 15, 2024
strommer richard paul
acquired
-
-
3,881
chief actuary
Mar 15, 2024
oreilly brian joseph
acquired
-
-
6,053
head of innovations
Mar 15, 2024
oreilly brian joseph
acquired
-
-
18,342
head of innovations
Mar 15, 2024
sigmon david
acquired
-
-
4,344
general counsel

1–10 of 50

Which funds bought or sold GLRE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 31, 2024
Lancaster Investment Management
unchanged
-
-
1,256,000
1.00%
May 28, 2024
Boston Partners
new
-
827,870
827,870
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
1,260
14,964
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.92
-16,182
32,410
-%
May 15, 2024
DEUTSCHE BANK AG\
reduced
-0.75
147,099
1,903,900
-%
May 15, 2024
D. E. Shaw & Co., Inc.
reduced
-35.26
-224,043
540,275
-%
May 15, 2024
STATE STREET CORP
added
12.25
1,294,290
7,029,810
-%
May 15, 2024
CITADEL ADVISORS LLC
added
8.95
9,124
57,225
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
reduced
-7.45
14,584
1,395,470
-%
May 15, 2024
MORGAN STANLEY
reduced
-3.41
950,329
18,314,000
-%

1–10 of 48

Are Funds Buying or Selling GLRE?

Are funds buying GLRE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GLRE
No. of Funds

Unveiling Greenlight Capital Re Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2024
dimensional fund advisors lp
5.4%
1,902,489
SC 13G/A
Feb 02, 2024
blackrock inc.
7.0%
1,989,086
SC 13G/A
Dec 11, 2023
morgan stanley
4.0%
1,406,054
SC 13G/A
Jul 27, 2023
einhorn david
17.7%
6,254,715
SC 13D/A
Feb 13, 2023
orchard capital management, llc
5.51%
1,573,614
SC 13G
Feb 10, 2023
dimensional fund advisors lp
5.5%
1,581,848
SC 13G/A
Feb 09, 2023
morgan stanley
5.0%
1,435,427
SC 13G/A
Feb 01, 2023
blackrock inc.
6.6%
1,896,076
SC 13G/A
Feb 10, 2022
morgan stanley
6.3%
1,727,408
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
5.1%
1,412,367
SC 13G/A

Recent SEC filings of Greenlight Capital Re Ltd

View All Filings
Date Filed Form Type Document
May 30, 2024
8-K
Current Report
May 14, 2024
DEFA14A
DEFA14A
May 08, 2024
8-K
Current Report
May 08, 2024
10-Q
Quarterly Report
Apr 25, 2024
DEF 14A
DEF 14A
Apr 19, 2024
4/A
Insider Trading
Apr 18, 2024
8-K
Current Report
Mar 28, 2024
4
Insider Trading
Mar 19, 2024
4/A
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Greenlight Capital Re Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
1.3B
18.65% 3782.67%
-5.8K
916.93
-10.27% -34.69%
56.4B
10.6B
2.49% 20.80%
51.63
5.31
20.42% -6.04%
49.5B
19.3B
-0.50% 24.77%
9.24
2.56
3.03% 17.35%
48.7B
48.4B
-6.95% 29.67%
10.09
1.01
-4.15% -20.63%
47.1B
42.9B
-3.97% 16.97%
15.02
1.1
13.52% 12.15%
36.5B
14.4B
-0.65% 38.60%
7.53
2.53
32.92% 143.01%
10.4B
8.0B
-5.35% 7.71%
11.8
1.3
11.14% 7.56%
9.2B
12.6B
-7.62% 6.18%
6.95
0.73
4.24% -13.40%
MID-CAP
16.4B
3.2B
62.85% 246.52%
23.09
5.18
64.05% -34.59%
8.6B
11.4B
-5.70% 28.52%
11.24
0.76
9.81% 217.29%
5.2B
11.9B
1.60% 24.59%
3.83
0.43
-33.27% 234.43%
2.1B
1.3B
8.85% 51.28%
-38.4
1.65
18.74% 30.90%
SMALL-CAP
810.2M
308.9M
-9.12% -20.67%
13.13
2.62
3.79% 10.94%
566.2M
314.0M
-30.68% -13.36%
9.85
1.8
-29.20% -88.19%
37.3M
187.5M
3.98% -21.96%
-51.63
0.2
2.74% 73.83%

Greenlight Capital Re Ltd News

Latest updates
Defense World11 Jun 202408:44 am

Greenlight Capital Re Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue23.0%191,313,000155,485,000166,922,000189,689,000154,986,000145,513,000126,723,000121,418,000133,029,000161,411,000139,271,000134,516,000153,367,000169,417,000123,985,000114,745,00075,945,000100,862,000138,188,000140,349,000158,754,000
  S&GA Expenses-30.3%10,714,00015,374,0007,905,00010,025,0009,936,0008,879,0007,389,0008,106,0007,232,0008,029,0006,060,0007,739,0007,541,0008,306,0005,152,0006,149,0006,794,0007,338,0007,725,0007,919,0006,840,000
EBITDA Margin6.9%-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.010.00-0.01-0.01-0.01-0.01-0.01-0.010.06-0.17-0.36
Interest Expenses151.9%1,724,000684,5002,380,0001,579,0001,578,000641,000464,000479,0002,000,000116,500205,0001,562,0002,000,0001,578,0001,579,0001,562,0001,561,0001,579,0001,578,0001,562,0001,544,000
Income Taxes4818.2%519,000-11,00029,00028,00054,0007,000-816,0009,000-16,00013,000--1,0003,734,000---424,000683,000-179,000-94,00073,000
Earnings Before Taxes-------------------38,397,0004,961,00015,220,0005,979,000
EBT Margin5.2%-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.02-0.03-0.03-0.03-0.020.04-0.19-0.38
Net Income53.5%27,019,00017,606,00013,477,00049,860,0005,887,00034,750,000-18,469,00014,788,000-5,727,00024,304,000-13,853,000628,0006,499,00042,016,0002,183,000-63,000-40,270,000-30,346,0005,140,00015,314,0005,906,000
Net Income Margin17.9%0.150.130.160.120.070.050.030.040.010.030.060.090.090.01-0.16-0.15-0.11-0.01-0.65-1.06-1.38
Free Cashflow-18.9%17,960,00022,137,000-15,196,0001,825,000-1,259,000-4,375,000-13,410,000-2,396,000-11,618,000-37,517,0001,056,000-1,092,000-18,743,000-46,665,000-1,934,000-10,954,000-31,770,00010,311,000-2,905,0001,338,000-7,113,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets8.2%1,8771,7351,7401,7161,6451,5801,5251,4931,4691,4271,4141,4231,4221,3581,2961,2791,2881,3551,4221,4561,479
    Cash Equivalents20.6%62.0051.0041.0056.00666707681698733711730745731754731739744768774761740
Liabilities9.9%1,2531,1391,1641,1551,1341,0771,0581,0091,000952963956950893869850851878916955995
Shareholder's Equity4.8%62459657677.005103.004675.004754764514674723.00427430504477507501484
  Retained Earnings25.0%13510890.0077.0027.0021.00-13.555.00-9.87-9.51-33.81-19.96-20.58-27.08-69.10-71.28-71.22-30.060.00-4.86-20.17
  Additional Paid-In Capital0.3%486485482481479478477476475482481483489488492498504504503502501
Shares Outstanding0.0%35.0035.0035.0034.0034.0034.0033.0034.0033.0034.0033.0035.0035.0036.0036.0036.0036.0036.0037.0036.00-
Minority Interest----------------------
Float----278---200---239---180---242-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-18.9%17,96022,137-15,1961,825-1,259-4,375-13,410-2,396-11,618-37,5171,056-1,092-18,743-46,665-1,934-10,954-31,77010,311-2,9051,338-7,113
  Share Based Compensation-48.8%1,3442,6241,2671,2201,0341,4181,1631,0981,0058457938277631,084-3218408729866651,1091,122
Cashflow From Investing2.5%-29,832-30,585-15,49915,027-22,07642,7763,603-32,62033,25618,696-12,75821,490-4,33774,815-51113,2888,034-15,88415,75220,34043,126
Cashflow From Financing-Infinity%-938-11,793--17,085-13,409-6,419----3,252---5,110-4,899-----80,073-
  Buy Backs-------1.00---36.0073.00-5,11071.00116----16,503-
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GLRE Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Gross premiums written$ 217,258$ 186,455
Gross premiums ceded(23,181)(11,212)
Net premiums written194,077175,243
Change in net unearned premium reserves(32,541)(32,594)
Net premiums earned161,536142,649
Income (loss) from investment in related party investment fund (net of related party expenses - Note 3)18,248(3,138)
Net investment income8,1438,378
Foreign exchange gains (losses)(1,649)4,931
Other income, net5,0352,166
Total revenues191,313154,986
Expenses  
Net loss and loss adjustment expenses incurred109,32696,725
Acquisition costs41,61041,476
General and administrative expenses10,7149,936
Deposit interest expense876132
Interest expense1,249776
Total expenses163,775149,045
Income before income tax27,5385,941
Income tax expense(519)(54)
Net income$ 27,019$ 5,887
Earnings (loss) per share ("EPS"):  
Basic (in dollars per share)$ 0.79$ 0.17
Diluted (in dollars per share)$ 0.78$ 0.17
Weighted average number of ordinary shares used in the determination of EPS:  
Basic (in shares)34,272,23034,059,185
Diluted (in shares)34,653,38138,231,607

GLRE Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments  
Investment in related party investment fund, at fair value$ 307,138$ 258,890
Other investments72,65673,293
Total investments379,794332,183
Cash and cash equivalents61,59851,082
Restricted cash and cash equivalents581,208604,648
Reinsurance balances receivable (net of allowance for expected credit losses of 2024: $865 and 2023: $854)693,742619,401
Loss and loss adjustment expenses recoverable (net of allowance for expected credit losses of 2024: $701 and 2023: $487)44,76525,687
Deferred acquisition costs84,89179,956
Unearned premiums ceded25,20217,261
Other assets5,7695,089
Total assets1,876,9691,735,307
Liabilities  
Loss and loss adjustment expense reserves730,655661,554
Unearned premium reserves348,631306,310
Reinsurance balances payable71,64068,983
Funds withheld20,79617,289
Other liabilities8,32311,795
Debt72,46673,281
Total liabilities1,252,5111,139,212
Commitments and Contingencies (Note 15)
Shareholders' equity  
Preferred share capital (par value $0.10; none issued)00
Ordinary share capital (par value $0.10; issued and outstanding, 35,321,144 (2023: par value $0.10; issued and outstanding, 35,336,732)3,5323,534
Additional paid-in capital485,878484,532
Retained earnings135,048108,029
Total shareholders' equity624,458596,095
Total liabilities and equity$ 1,876,969$ 1,735,307
GLRE
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. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
 CEO
 WEBSITEhttps://greenlightre.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES48

Greenlight Capital Re Ltd Frequently Asked Questions


What is the ticker symbol for Greenlight Capital Re Ltd? What does GLRE stand for in stocks?

GLRE is the stock ticker symbol of Greenlight Capital Re Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Greenlight Capital Re Ltd (GLRE)?

As of Fri Jun 14 2024, market cap of Greenlight Capital Re Ltd is 450.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GLRE stock?

You can check GLRE's fair value in chart for subscribers.

What is the fair value of GLRE stock?

You can check GLRE's fair value in chart for subscribers. The fair value of Greenlight Capital Re Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Greenlight Capital Re Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GLRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Greenlight Capital Re Ltd a good stock to buy?

The fair value guage provides a quick view whether GLRE is over valued or under valued. Whether Greenlight Capital Re Ltd is cheap or expensive depends on the assumptions which impact Greenlight Capital Re Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GLRE.

What is Greenlight Capital Re Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, GLRE's PE ratio (Price to Earnings) is 4.17 and Price to Sales (PS) ratio is 0.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GLRE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Greenlight Capital Re Ltd's stock?

In the past 10 years, Greenlight Capital Re Ltd has provided -0.092 (multiply by 100 for percentage) rate of return.