Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE): Price and Financial Metrics

Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE): $12.47

0.41 (+3.40%)

POWR Rating

Component Grades

Momentum

A

Stability

B

Sentiment

Quality

C

GLRE Price/Volume Stats

Current price $12.47 52-week high $12.89
Prev. close $12.06 52-week low $9.28
Day low $12.02 Volume 187,000
Day high $12.49 Avg. volume 83,169
50-day MA $11.81 Dividend yield N/A
200-day MA $11.11 Market Cap 440.96M

GLRE Stock Price Chart Interactive Chart >

GLRE POWR Grades

  • GLRE scores best on the Momentum dimension, with a Momentum rank ahead of 90.65% of US stocks.
  • GLRE's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • GLRE ranks lowest in Quality; there it ranks in the 27th percentile.

GLRE Stock Summary

  • GLRE's current price/earnings ratio is 3.76, which is higher than only 3.16% of US stocks with positive earnings.
  • In terms of twelve month growth in earnings before interest and taxes, GREENLIGHT CAPITAL RE LTD is reporting a growth rate of 465.42%; that's higher than 97.52% of US stocks.
  • In terms of volatility of its share price, GLRE is more volatile than merely 9.33% of stocks we're observing.
  • Stocks that are quantitatively similar to GLRE, based on their financial statements, market capitalization, and price volatility, are AMWD, JBT, PRMW, OCC, and VIRC.
  • GLRE's SEC filings can be seen here. And to visit GREENLIGHT CAPITAL RE LTD's official web site, go to www.greenlightre.com.

GLRE Valuation Summary

  • GLRE's price/earnings ratio is 3.9; this is 64.55% lower than that of the median Financial Services stock.
  • GLRE's price/sales ratio has moved down 9.4 over the prior 202 months.

Below are key valuation metrics over time for GLRE.

Stock Date P/S P/B P/E EV/EBIT
GLRE 2023-12-22 0.6 0.7 3.9 -1.7
GLRE 2023-12-21 0.6 0.7 3.8 -1.8
GLRE 2023-12-20 0.6 0.7 3.8 -1.8
GLRE 2023-12-19 0.6 0.7 3.9 -1.7
GLRE 2023-12-18 0.6 0.7 3.8 -1.8
GLRE 2023-12-15 0.6 0.7 3.7 -1.9

GLRE Growth Metrics

    The 5 year price growth rate now stands at -70.66%.
  • The 5 year cash and equivalents growth rate now stands at -46.16%.
  • Its 3 year price growth rate is now at -42.11%.
GLRE's revenue has moved down $32,786,000 over the prior 15 months.

The table below shows GLRE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 545.552 -64.941 14.896
2022-06-30 558.062 -50.475 19.512
2022-03-31 571.16 -49.171 5.352
2021-12-31 588.551 -56.296 17.578
2021-09-30 593.586 -65.444 35.29
2021-06-30 578.338 -68.434 51.326

GLRE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • GLRE has a Quality Grade of C, ranking ahead of 39.09% of graded US stocks.
  • GLRE's asset turnover comes in at 0.423 -- ranking 33rd of 133 Insurance stocks.
  • GTS, ALL, and ANTM are the stocks whose asset turnover ratios are most correlated with GLRE.

The table below shows GLRE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.423 0.360 0.060
2021-06-30 0.421 0.382 0.084
2021-03-31 0.417 0.356 0.087
2020-12-31 0.371 0.302 0.016
2020-09-30 0.318 0.165 -0.094
2020-06-30 0.322 0.181 -0.087

GLRE Price Target

For more insight on analysts targets of GLRE, see our GLRE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $21.00 Average Broker Recommendation 2 (Hold)

Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE) Company Bio


Greenlight Capital Re, Ltd., through its subsidiaries, provides property and casualty reinsurance products and services worldwide. Its frequency business comprises contracts containing smaller losses emanating from multiple events and enables the clients to increase their underwriting capacity; and severity business includes contracts with the potential for significant losses emanating from one event or multiple events. The company was founded in 2004 and is based in Grand Cayman, the Cayman Islands.


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Latest GLRE News From Around the Web

Below are the latest news stories about GREENLIGHT CAPITAL RE LTD that investors may wish to consider to help them evaluate GLRE as an investment opportunity.

David Einhorn's Greenlight Capital Adds Coya Therapeutics to Its Portfolio

Renowned investment firm Greenlight Capital, led by David Einhorn (Trades, Portfolio), has recently expanded its investment portfolio with the acquisition of shares in Coya Therapeutics Inc (NASDAQ:COYA). On December 12, 2023, the firm added 810,959 shares to its holdings, reflecting a significant commitment to the biotechnology company.

Yahoo | December 14, 2023

David Einhorn's Greenlight Capital Boosts Coya Therapeutics Holding

Firm real-time pick highlight

Yahoo | December 14, 2023

Billionaire David Einhorn’s 10 Stock Picks with Huge Upside Potential

In this article, we will take a look at billionaire David Einhorn’s 10 stock picks with huge upside potential. To skip our analysis of David Einhorn’s investment strategy and Greenlight Capital’s previous performance, you can go directly to see the Billionaire David Einhorn’s 5 Stock Picks with Huge Upside Potential. David Einhorn is a renowned […]

Yahoo | December 5, 2023

15 Stocks Billionaire David Einhorn Just Bought and Sold

In this article, we will take a look at the 15 stocks billionaire David Einhorn just bought and sold. To see more such companies, go directly to 5 Stocks Billionaire David Einhorn Just Bought and Sold. David Einhorn is a notable American hedge fund manager who is known for beating the stock market for a […]

Yahoo | November 24, 2023

Is it Still Safe to Invest in Green Brick Partners (GRBK)?

Greenlight Capital, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. In the third quarter of 2023, the Greenlight Capital funds achieved a net return of 12.9%, factoring in fees and expenses. Over the initial nine months of 2023, the net return stood at 27.7%, […]

Yahoo | November 21, 2023

Read More 'GLRE' Stories Here

GLRE Price Returns

1-mo -0.08%
3-mo 9.19%
6-mo 16.11%
1-year 33.23%
3-year 38.71%
5-year 14.72%
YTD 9.19%
2023 40.12%
2022 3.95%
2021 7.25%
2020 -27.70%
2019 17.29%

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