Greenlight Capital Re, Ltd. (GLRE)

NASDAQ: GLRE · Real-Time Price · USD
14.67
+1.11 (8.22%)
Nov 5, 2024, 11:14 AM EST - Market open
8.22%
Market Cap 478.95M
Revenue (ttm) 702.23M
Net Income (ttm) 87.84M
Shares Out 35.32M
EPS (ttm) 2.54
PE Ratio 5.34
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 73,797
Open 13.76
Previous Close 13.56
Day's Range 13.64 - 14.74
52-Week Range 10.49 - 14.74
Beta 0.85
Analysts n/a
Price Target n/a
Earnings Date Nov 4, 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, Greenlight Capital Re's revenue was $655.25 million, an increase of 23.09% compared to the previous year's $532.33 million. Earnings were $86.83 million, an increase of 242.63%.

Financial Statements

News

Greenlight Re Announces Third Quarter 2024 Financial Results

Achieves Combined ratio of 95.9% and Net income of $35.2 million; Leading to Earnings of $1.01 Per Diluted Share; Achieves Combined ratio of 95.9% and Net income of $35.2 million; Leading to Earnings ...

19 hours ago - GlobeNewsWire

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

GRAND CAYMAN, Cayman Islands, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

6 days ago - GlobeNewsWire

AM Best Revises Outlooks to Positive for Greenlight Capital Re, Ltd. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratin...

18 days ago - Business Wire

Greenlight Capital Re, Ltd. (GLRE) Q2 2024 Earnings Call Transcript

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Corporate Participants David Sigmon - General Counsel Greg Richardson - Executive Officer David Ei...

3 months ago - Seeking Alpha

Greenlight Re Announces Second Quarter 2024 Financial Results

Premium Growth of 9.1%; 2024 Investor Day to be Held on Tuesday November 19, 2024 Premium Growth of 9.1%; 2024 Investor Day to be Held on Tuesday November 19, 2024

3 months ago - GlobeNewsWire

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

GRAND CAYMAN, Cayman Islands, July 30, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, ...

3 months ago - GlobeNewsWire

Greenlight Capital Re Ltd. (GLRE) Q1 2024 Earnings Call Transcript

Greenlight Capital Re Ltd. (NASDAQ:GLRE) Q1 2024 Results Conference Call May 9, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel, Corporate Secretary & Chief Compliance Officer Gre...

6 months ago - Seeking Alpha

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

6 months 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...

6 months ago - GlobeNewsWire

Greenlight Capital Re, Ltd. (GLRE) Q4 2023 Earnings Call Transcript

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2023 Earnings Conference Call March 6, 2024 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Chief Executive Officer David...

8 months ago - Seeking Alpha

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

8 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, ...

8 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...

1 year ago - Business Wire

Greenlight Capital Re, Ltd. (GLRE) Q3 2023 Earnings Call Transcript

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants David Sigmon - General Counsel Simon Burton - CEO David Einhorn - Chairman ...

1 year ago - Seeking Alpha

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

1 year 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...

1 year 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, ...

1 year ago - GlobeNewsWire

Greenlight Capital Re, Ltd. (GLRE) Q2 2023 Earnings Call Transcript

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants David Sigmon - General Counsel Simon Burton - Chief Executive Officer David E...

1 year ago - Seeking Alpha

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

1 year 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, ...

1 year 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

Revisiting Greenlight Capital Re: A Speculative Stock

I analyzed Greenlight Re in 2019, 2021 and 2022. My conclusion was that investing with David Einhorn could be a rocky road. The reinsurance division had been loss-making for many years, with the compa...

1 year ago - Seeking Alpha

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

3 Pillars Are Working At Greenlight Capital

Greenlight Re has 3 interesting strategic pillars - underwriting, Innovations, and the investment portfolio. The Innovations business has so far proven very capable of making strategic partnerships wi...

1 year ago - Seeking Alpha