Greenlight Capital Re, Ltd. (GLRE)

NASDAQ: GLRE · IEX Real-Time Price · USD
13.26
+0.15 (1.14%)
May 17, 2024, 4:00 PM EDT - Market closed
1.14%
Market Cap 468.71M
Revenue (ttm) 703.41M
Net Income (ttm) 107.96M
Shares Out 35.32M
EPS (ttm) 3.00
PE Ratio 4.42
Forward PE 43.33
Dividend n/a
Ex-Dividend Date n/a
Volume 50,963
Open 13.14
Previous Close 13.11
Day's Range 13.08 - 13.31
52-Week Range 9.48 - 13.31
Beta 0.80
Analysts n/a
Price Target n/a
Earnings Date May 8, 2024

About 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 ... [Read more]

Sector Financials
IPO Date May 24, 2007
Employees 64
Stock Exchange NASDAQ
Ticker Symbol GLRE
Full Company Profile

Financial Performance

In 2023, GLRE's revenue was $667.08 million, an increase of 26.66% compared to the previous year's $526.68 million. Earnings were $86.83 million, an increase of 242.63%.

Financial Statements

News

Greenlight Re Announces First Quarter 2024 Financial Results

Strong Premium Growth of 16.5%, Leading to Net income of $27.0 million Strong Premium Growth of 16.5%, Leading to Net income of $27.0 million

10 days ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules First Quarter 2024 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, t...

16 days ago - GlobeNewsWire

Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results

Achieves Record Underwriting Income of $32.0 million for Full Year 2023 Achieves Record Underwriting Income of $32.0 million for Full Year 2023

2 months ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2023 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

2 months ago - GlobeNewsWire

AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Subsidiaries Following Announced Departure of CEO Simon Burton

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE] and its subsidiaries remain u...

6 months ago - Business Wire

Greenlight Re Announces Third Quarter 2023 Financial Results

Gross premiums written increased 18.0% Net income of $13.5 million ( $0.39 per diluted ordinary share) Fully diluted book value per share increased 2.3% to $16.58

6 months ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Announces New Chief Executive Officer

Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective January 1, 2024 Simon Burton to Depart; Greg Richardson to be Appointed Chief Executive Officer, Effective Ja...

6 months ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Third Quarter 2023 Financial Results And Conference Call

GRAND CAYMAN, Cayman Islands, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

7 months ago - GlobeNewsWire

Greenlight Re Announces Second Quarter 2023 Financial Results

Gross premiums written increased 15.0%  Net income of $49.9 million ($1.32 per diluted ordinary share)  Fully diluted book value per share increased 9.9% to $16.21

10 months ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Second Quarter 2023 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, July 26, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

10 months ago - GlobeNewsWire

Greenlight Re Announces First Quarter 2023 Financial Results

Gross premiums written increased 27.8% ; Net income of $5.9 million ( $0.17 per diluted ordinary share) ; Fully diluted book value per share increased 1.1% to $14.75

1 year ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules First Quarter 2023 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, May 02, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, t...

1 year ago - GlobeNewsWire

Greenlight Re Announces Appointment of David E. Sigmon as General Counsel

GRAND CAYMAN, Cayman Islands, April 27, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced the appointment of David E. Sigmon as Gen...

1 year ago - GlobeNewsWire

Greenlight Re Announces Fourth Quarter and Year-Ended December 31, 2022 Financial Results

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the fourth quarter and year ended ...

1 year ago - Business Wire

Greenlight Re Announces Leadership Changes

Faramarz Romer to be Appointed Chief Financial Officer Faramarz Romer to be Appointed Chief Financial Officer

1 year ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Fourth Quarter and Year-End 2022 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

1 year ago - GlobeNewsWire

Greenlight Re Innovations Announces Investment in Embedded Insurance Platform Vertical Insure

GRAND CAYMAN, Cayman Islands and MINNEAPOLIS, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re," or "the Company"), through its Greenlight Re Innovations, t...

1 year ago - GlobeNewsWire

Greenlight Re Announces Third Quarter 2022 Financial Results

Net loss for the quarter of $18.5 million Fully diluted book value per share decreased 3.9% in the quarter to $13.55

1 year ago - GlobeNewsWire

Greenlight Re Innovations Announces Investment in Cargo Insurance Platform Otonomi

GRAND CAYMAN, Cayman Islands, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Greenlight Re Innovations ("GRI"), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re" or the "Company"), has announced ...

1 year ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Third Quarter 2022 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

1 year ago - GlobeNewsWire

Greenlight Re Innovations Announces Investment in Short-Term Rental Insurance Startup Safely

GRAND CAYMAN, Cayman Islands, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Greenlight Re Innovations ("GRI"), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re" or the "Company"), has announced ...

1 year ago - GlobeNewsWire

Greenlight Re to Host Investor Day in New York on November 17, 2022

GRAND CAYMAN, Cayman Islands, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re" or the "Company"), a multiline property and casualty insurer and reinsurer, ...

1 year ago - GlobeNewsWire

Greenlight Re Announces Underwriting Leadership Changes

GRAND CAYMAN, Cayman Islands, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) ("Greenlight Re" or the "Company") is pleased to announce the following promotions within its...

1 year ago - GlobeNewsWire

Greenlight Re Announces Second Quarter 2022 Financial Results

Net income for the quarter of $14.8 million Fully diluted book value per share increased 3.3% in the quarter to $14.10

1 year ago - GlobeNewsWire

Greenlight Capital Re, Ltd. Schedules Second Quarter 2022 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, July 21, 2022 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the...

1 year ago - GlobeNewsWire