Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE): Price and Financial Metrics
GLRE Price/Volume Stats
| Current price | $11.32 | 52-week high | $11.72 |
| Prev. close | $11.33 | 52-week low | $7.52 |
| Day low | $11.27 | Volume | 58,900 |
| Day high | $11.40 | Avg. volume | 91,236 |
| 50-day MA | $11.08 | Dividend yield | N/A |
| 200-day MA | $10.40 | Market Cap | 400.01M |
GLRE Stock Price Chart Interactive Chart >
GLRE POWR Grades
- Momentum is the dimension where GLRE ranks best; there it ranks ahead of 96.11% of US stocks.
- The strongest trend for GLRE is in Momentum, which has been heading up over the past 177 days.
- GLRE's current lowest rank is in the Quality metric (where it is better than 21.13% of US stocks).
GLRE Stock Summary
- With a one year PEG ratio of 0.81, GREENLIGHT CAPITAL RE LTD is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than just 11.53% of US stocks.
- With a price/earnings ratio of 3.79, GREENLIGHT CAPITAL RE LTD P/E ratio is greater than that of about only 3.52% of stocks in our set with positive earnings.
- Over the past twelve months, GLRE has reported earnings growth of 465.42%, putting it ahead of 97.31% of US stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to GREENLIGHT CAPITAL RE LTD are AMWD, PRMW, JBT, CWCO, and TLF.
- 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
- In comparison to the median Financial Services stock, GLRE's price/sales ratio is 40% lower, now standing at 0.6.
- GLRE's price/earnings ratio has moved down 22.6 over the prior 201 months.
Below are key valuation metrics over time for GLRE.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GLRE | 2023-11-28 | 0.6 | 0.7 | 3.8 | -1.8 |
| GLRE | 2023-11-27 | 0.6 | 0.7 | 3.9 | -1.7 |
| GLRE | 2023-11-24 | 0.6 | 0.7 | 3.8 | -1.8 |
| GLRE | 2023-11-22 | 0.6 | 0.7 | 3.8 | -1.8 |
| GLRE | 2023-11-21 | 0.6 | 0.7 | 3.8 | -1.8 |
| GLRE | 2023-11-20 | 0.6 | 0.7 | 3.8 | -1.8 |
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%.
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.
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.
15 Stocks Billionaire David Einhorn Just Bought and SoldIn 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 […] |
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%, […] |
Is it Still Safe to Invest in Capri Holdings (CPRI)?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%, […] |
Is it a Wise Move to Invest in CONSOL Energy (CEIX)?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%, […] |
Hedge Fund Manager David Einhorn Has Bounced Back. How to Join in His Success.Einhorn is chairman of Greenlight Re, which is valued at less than $400 million and pays no dividend. |
GLRE Price Returns
| 1-mo | -1.39% |
| 3-mo | 6.19% |
| 6-mo | 12.08% |
| 1-year | 45.13% |
| 3-year | 42.39% |
| 5-year | 11.09% |
| YTD | 38.90% |
| 2022 | 3.95% |
| 2021 | 7.25% |
| 2020 | -27.70% |
| 2019 | 17.29% |
| 2018 | -57.11% |
Continue Researching GLRE
Want to do more research on Greenlight Capital Re Ltd's stock and its price? Try the links below:Greenlight Capital Re Ltd (GLRE) Stock Price | Nasdaq
Greenlight Capital Re Ltd (GLRE) Stock Quote, History and News - Yahoo Finance
Greenlight Capital Re Ltd (GLRE) Stock Price and Basic Information | MarketWatch
Loading social stream, please wait...