NASDAQ
GLRE

Greenlight Capital Re Ltd

Insurance-Reinsurance
Financial Services

Prices are adjusted according to historical splits.

Greenlight Capital Re Ltd Stock Price

Vitals

Today's Low:
$10.71
Today's High:
$11.02
Open Price:
$10.74
52W Low:
$7.23
52W High:
$11.66
Prev. Close:
$10.69
Volume:
33969

Company Statistics

Market Cap.:
$377.06 million
Book Value:
15.908
Revenue TTM:
$606.92 million
Operating Margin TTM:
11.79%
Gross Profit TTM:
$73.63 million
Profit Margin:
11.87%
Return on Assets TTM:
2.79%
Return on Equity TTM:
13.78%

Company Profile

Greenlight Capital Re Ltd had its IPO on 2007-05-24 under the ticker symbol GLRE.

The company operates in the Financial Services sector and Insurance-Reinsurance industry. Greenlight Capital Re Ltd has a staff strength of 48 employees.

Stock update

Shares of Greenlight Capital Re Ltd opened at $10.74 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.71 - $11.02, and closed at $10.92.

This is a +2.15% increase from the previous day's closing price.

A total volume of 33,969 shares were traded at the close of the day’s session.

In the last one week, shares of Greenlight Capital Re Ltd have slipped by -1.09%.

Greenlight Capital Re Ltd's Key Ratios

Greenlight Capital Re Ltd has a market cap of $377.06 million, indicating a price to book ratio of 0.5705 and a price to sales ratio of 0.4871.

In the last 12-months Greenlight Capital Re Ltd’s revenue was $606.92 million with a gross profit of $73.63 million and an EBITDA of $42.04 million. The EBITDA ratio measures Greenlight Capital Re Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Greenlight Capital Re Ltd’s operating margin was 11.79% while its return on assets stood at 2.79% with a return of equity of 13.78%.

In Q2, Greenlight Capital Re Ltd’s quarterly earnings growth was a positive 258.7% while revenue growth was a positive 46%.

Greenlight Capital Re Ltd’s PE and PEG Ratio

Forward PE
0
Trailing PE
5.345
PEG
2.38

Its diluted EPS in the last 12-months stands at $2 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.38. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Greenlight Capital Re Ltd’s profitability.

Greenlight Capital Re Ltd stock is trading at a EV to sales ratio of 0.6606 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.4871.

Greenlight Capital Re Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.72 billion
Total Liabilities
$109.53 million
Operating Cash Flow
$15.03 million
Capital Expenditure
$0
Dividend Payout Ratio
0%

Greenlight Capital Re Ltd ended 2024 with $1.72 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.72 billion while shareholder equity stood at $561.12 million.

Greenlight Capital Re Ltd ended 2024 with $0 in deferred long-term liabilities, $109.53 million in other current liabilities, 3527000.00 in common stock, $76.95 million in retained earnings and $0 in goodwill. Its cash balance stood at $55.60 million and cash and short-term investments were $55.60 million. The company’s total short-term debt was $0 while long-term debt stood at $78.73 million.

Greenlight Capital Re Ltd’s total current assets stands at $1.30 billion while long-term investments were $285.52 million and short-term investments were $0. Its net receivables were $638.28 million compared to accounts payable of $109.53 million and inventory worth $0.

In 2024, Greenlight Capital Re Ltd's operating cash flow was $15.03 million while its capital expenditure stood at $0.

Comparatively, Greenlight Capital Re Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$10.92
52-Week High
$11.66
52-Week Low
$7.23
Analyst Target Price
$1

Greenlight Capital Re Ltd stock is currently trading at $10.92 per share. It touched a 52-week high of $11.66 and a 52-week low of $11.66. Analysts tracking the stock have a 12-month average target price of $1.

Its 50-day moving average was $10.7 and 200-day moving average was $9.69 The short ratio stood at 5.31 indicating a short percent outstanding of 0%.

Around 1004.8% of the company’s stock are held by insiders while 5218.3% are held by institutions.

Frequently Asked Questions About Greenlight Capital Re Ltd

The stock symbol (also called stock or share ticker) of Greenlight Capital Re Ltd is GLRE

The IPO of Greenlight Capital Re Ltd took place on 2007-05-24

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About

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 other specialty products, such as aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.

Address

65 Market Street, Grand Cayman, Cayman Islands, KY1-1205