Symbols / GLRE Stock $19.00 +0.58% Greenlight Capital Re, Ltd.

Financial Services • Insurance - Reinsurance • Cayman Islands • NMS
GLRE (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Insurance - Reinsurance
CEO
Exch · Country NMS · Cayman Islands
Market Cap 645.69M
Enterprise Value 541.33M
Income 74.83M
Sales 721.31M
FCF (ttm) -310.58M
Book/sh 20.89
Cash/sh 3.29
Employees 84
Insider 10d
IPO May 24, 2007
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 8.76
Forward P/E 11.88
PEG 1.68
P/S 0.90
P/B 0.91
P/C
EV/EBITDA 7.25
EV/Sales 0.75
Quick Ratio 0.13
Current Ratio 1.65
Debt/Eq 1.05
LT Debt/Eq
EPS (ttm) 2.17
EPS next Y 1.60
EPS Growth
Revenue Growth 39.70%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-05-06
Earnings (prior) 2019-02-27
ROA 2.23%
ROE 11.14%
ROIC
Gross Margin 13.34%
Oper. Margin 24.31%
Profit Margin 10.37%
Shs Outstand 33.98M
Shs Float 25.50M
Insider Own 24.41%
Instit Own 51.60%
Short Float 1.37%
Short Ratio 1.34
Short Interest 355.52K
52W High 19.39
vs 52W High -2.01%
52W Low 11.57
vs 52W Low 64.22%
Beta 0.39
Impl. Vol. 48.29%
Rel Volume 1.25
Avg Volume 187.39K
Volume 233.67K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $18.89
Price $19.00
Change 0.58%
About

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments. The company offers casualty reinsurance, such as automobile liability and general liability. It also provides coverages for casualty, including general liability, umbrella, multiline casualty, and workers' compensation; financial, such as mortgage, trade credit, surety, transactional liability, and financial multiline; health, which include primarily accident and critical illness; multiline comprising FAL business, coupled with multiline commercial and personal auto liability, BOP, and multiline commercial; property, including commercial property and property catastrophe; and specialty products and services, such as agriculture, cyber, marine and energy, aviation and space, specialty multiline, and WPVT which covers losses relating to war, political violence, and terrorism. 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$19.00
Low
High
Mean

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2018-02-23 main UBS Buy → Buy $25
2015-09-02 main UBS — → Buy $34
2015-02-19 main Keefe, Bruyette & Woods — → Outperform $38
2014-07-28 init Keefe, Bruyette & Woods — → Outperform $40
2012-11-21 up UBS Neutral → Buy $27
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-13 DIAZ SHERRY Officer 3,808 $0.00 $0
2026-03-13 ROMER FARAMARZ Chief Financial Officer 7,705 $0.00 $0
2026-03-13 O'BRIEN PATRICK Officer 9,273 $0.00 $0
2026-03-13 CURNOCK THOMAS JAMES Officer 9,158 $0.00 $0
2026-03-13 STROMMER RICHARD PAUL Officer 4,623 $0.00 $0
2026-03-13 OREILLY BRIAN JOSEPH Officer 6,395 $0.00 $0
2026-03-13 RICHARDSON GREG Chief Executive Officer 26,417 $0.00 $0
2026-03-13 ARCHAMBAULT STEVEN CPA Officer 6,258 $0.00 $0
2026-03-09 DIAZ SHERRY Officer 987 $14.20 $14,015
2026-03-09 ROMER FARAMARZ Chief Financial Officer 2,689 $14.20 $38,184
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
683.21
+5.44%
647.97
+2.47%
632.35
+32.39%
477.63
Operating Revenue
683.21
+5.44%
647.97
+2.47%
632.35
+32.39%
477.63
Selling General And Administration
23.65
+32.93%
17.79
General And Administrative Expense
23.65
+32.93%
17.79
Other Gand A
23.65
+32.93%
17.79
Other Operating Expenses
21.61
+31.94%
16.38
-30.76%
23.65
+32.93%
17.79
Total Expenses
604.90
+0.08%
604.41
+10.82%
545.41
+20.37%
453.10
Reconciled Depreciation
0.00
-100.00%
0.08
EBIT
83.10
+57.54%
52.75
-44.45%
94.96
+167.92%
35.44
Net Income
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Pretax Income
78.31
+79.76%
43.56
-49.88%
86.93
+254.44%
24.53
Net Non Operating Interest Income Expense
-4.79
+47.87%
-9.18
-14.34%
-8.03
+26.44%
-10.92
Interest Expense Non Operating
4.79
-47.87%
9.18
+14.34%
8.03
-26.44%
10.92
Net Interest Income
-4.79
+47.87%
-9.18
-14.34%
-8.03
+26.44%
-10.92
Interest Expense
4.79
-47.87%
9.18
+14.34%
8.03
-26.44%
10.92
Interest Income
25.27
-22.08%
32.42
-8.99%
35.63
+697.78%
4.47
Other Income Expense
2.12
+699.62%
0.27
+102.25%
-11.78
Tax Provision
3.48
+364.49%
0.75
+649.00%
0.10
+112.25%
-0.82
Tax Rate For Calcs
0.00
+158.82%
0.00
+750.00%
0.00
-99.05%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Net Income From Continuing Operation Net Minority Interest
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Net Income From Continuing And Discontinued Operation
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Net Income Continuous Operations
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Normalized Income
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Net Income Common Stockholders
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Diluted EPS
2.17
+75.00%
1.24
-50.40%
2.50
+242.47%
0.73
Basic EPS
2.21
+75.40%
1.26
-50.59%
2.55
+240.00%
0.75
Basic Average Shares
33.82
-0.48%
33.98
-0.26%
34.07
+0.82%
33.79
Diluted Average Shares
34.50
-0.08%
34.53
-0.77%
34.80
+0.24%
34.72
Diluted NI Availto Com Stockholders
74.83
+74.78%
42.82
-50.69%
86.83
+197.36%
29.20
Average Dilution Earnings
0.00
0.00
-100.00%
3.86
Loss Adjustment Expense
411.59
-3.67%
427.27
+18.68%
360.00
+13.75%
316.49
Net Policyholder Benefits And Claims
411.59
-3.67%
427.27
+18.68%
360.00
+13.75%
316.49
Line Item Trend 2023-12-31
Total Assets
1,735.31
Cash Cash Equivalents And Short Term Investments
51.08
Cash And Cash Equivalents
51.08
Receivables
645.09
Accounts Receivable
645.09
Prepaid Assets
17.26
Investments And Advances
258.89
Long Term Equity Investment
258.89
Total Liabilities Net Minority Interest
1,139.21
Payables And Accrued Expenses
68.98
Payables
68.98
Accounts Payable
68.98
Current Debt And Capital Lease Obligation
Current Debt
Long Term Debt And Capital Lease Obligation
73.28
Long Term Debt
73.28
Stockholders Equity
596.10
Common Stock Equity
596.10
Capital Stock
3.53
Common Stock
3.53
Preferred Stock
0.00
Share Issued
35.34
Ordinary Shares Number
35.34
Treasury Shares Number
0.00
Additional Paid In Capital
484.53
Retained Earnings
108.03
Total Equity Gross Minority Interest
596.10
Total Capitalization
669.38
Invested Capital
669.38
Total Debt
73.28
Net Debt
22.20
Net Tangible Assets
596.10
Tangible Book Value
596.10
Investments In Other Ventures Under Equity Method
258.89
Line Of Credit
Notes Receivable
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
210.21
+88.52%
111.50
+1385.33%
7.51
+123.61%
-31.80
Cash Flow From Continuing Operating Activities
210.21
+88.52%
111.50
+1385.33%
7.51
+123.61%
-31.80
Net Income From Continuing Operations
74.83
+74.78%
42.82
-50.69%
86.83
+242.63%
25.34
Depreciation
Amortization Cash Flow
0.08
Depreciation And Amortization
0.00
-100.00%
0.08
Amortization Of Intangibles
0.08
Other Non Cash Items
0.92
+227.30%
0.28
Stock Based Compensation
7.09
+59.13%
4.46
-27.49%
6.14
+31.19%
4.68
Operating Gains Losses
-24.05
+26.44%
-32.69
-6.48%
-30.70
+52.80%
-65.05
Gain Loss On Investment Securities
-24.05
+26.44%
-32.69
-6.48%
-30.70
+52.80%
-65.05
Unrealized Gain Loss On Investment Securities
-9.86
Net Foreign Currency Exchange Gain Loss
6.17
Change In Working Capital
153.05
+59.37%
96.03
+279.00%
-53.65
-1808.05%
3.14
Change In Receivables
44.50
+130.65%
-145.19
-14.96%
-126.29
-23.42%
-102.33
Changes In Account Receivables
44.50
+130.65%
-145.19
-14.96%
-126.29
-23.42%
-102.33
Change In Prepaid Assets
-9.68
+21.21%
-12.28
-1477.13%
0.89
+104.93%
-18.11
Change In Payables And Accrued Expense
-10.04
-127.20%
36.91
+202.09%
-36.15
-359.88%
13.91
Change In Payable
-10.04
-127.20%
36.91
+202.09%
-36.15
-359.88%
13.91
Change In Account Payable
-10.04
-127.20%
36.91
+202.09%
-36.15
-359.88%
13.91
Change In Other Working Capital
7.60
+326.27%
-3.36
-160.93%
5.51
+812.02%
-0.77
Change In Other Current Assets
-0.13
Change In Other Current Liabilities
-0.77
Investing Cash Flow
-149.17
-54.48%
-96.56
-81.74%
-53.13
-213.01%
47.02
Cash Flow From Continuing Investing Activities
-149.17
-54.48%
-96.56
-81.74%
-53.13
-213.01%
47.02
Net Investment Purchase And Sale
-67.03
-7870.15%
-0.84
+25.97%
-1.14
+91.41%
-13.22
Purchase Of Investment
-69.73
-3930.75%
-1.73
+75.76%
-7.14
+46.03%
-13.22
Sale Of Investment
2.70
+204.05%
0.89
-85.18%
6.00
0.00
Net Business Purchase And Sale
-81.70
+13.68%
-94.65
-82.03%
-52.00
-186.32%
60.24
Purchase Of Business
-95.70
+25.61%
-128.65
+1.79%
-130.99
-101.14%
-65.13
Net Other Investing Changes
-0.44
+58.86%
-1.07
-117.87%
6.00
Financing Cash Flow
-65.14
-206.68%
-21.24
-301.36%
-5.29
+73.31%
-19.83
Cash Flow From Continuing Financing Activities
-65.14
-206.68%
-21.24
-301.36%
-5.29
+73.31%
-19.83
Net Issuance Payments Of Debt
-55.31
-302.22%
-13.75
-159.86%
-5.29
+73.26%
-19.79
Issuance Of Debt
0.00
0.00
-100.00%
75.00
0.00
Repayment Of Debt
-55.31
-302.22%
-13.75
+82.87%
-80.29
-305.66%
-19.79
Long Term Debt Issuance
0.00
0.00
-100.00%
75.00
0.00
Long Term Debt Payments
-55.31
-302.22%
-13.75
+82.87%
-80.29
-305.66%
-19.79
Net Long Term Debt Issuance
-55.31
-302.22%
-13.75
-159.86%
-5.29
+73.26%
-19.79
Net Common Stock Issuance
-9.82
-31.21%
-7.49
0.00
+100.00%
-0.04
Common Stock Payments
-9.82
-31.21%
-7.49
0.00
+100.00%
-0.04
Repurchase Of Capital Stock
-9.82
-31.21%
-7.49
0.00
+100.00%
-0.04
Changes In Cash
-4.10
+34.96%
-6.30
+87.63%
-50.92
-1004.03%
-4.61
Effect Of Exchange Rate Changes
-1.26
-264.93%
-0.34
-445.00%
0.10
+69.49%
0.06
Beginning Cash Position
649.09
-1.01%
655.73
-7.19%
706.55
-0.64%
711.10
End Cash Position
643.73
-0.83%
649.09
-1.01%
655.73
-7.19%
706.55
Free Cash Flow
210.21
+88.52%
111.50
+1385.33%
7.51
+123.61%
-31.80
Interest Paid Supplemental Data
4.76
-8.36%
5.19
+1.35%
5.12
+24.18%
4.12
Income Tax Paid Supplemental Data
1.22
+447.98%
0.22
0.66
Earnings Losses From Equity Investments
-28.70
0.00
Sale Of Business
14.00
-58.82%
34.00
-56.96%
79.00
-36.99%
125.36
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category