Greenlight Capital Re, Ltd. (GLRE)
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]
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 StatementsNews
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
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...
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
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, ...
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...
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
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...
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, ...
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
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, ...
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
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...
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...
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 ...
Greenlight Re Announces Leadership Changes
Faramarz Romer to be Appointed Chief Financial Officer Faramarz Romer to be Appointed Chief Financial Officer
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, ...
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...
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
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 ...
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, ...
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 ...
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, ...
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...
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
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...