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Greenlight Capital Re, Ltd. logo

Greenlight Capital Re, Ltd.

GLRE

NASDAQFinancial ServicesInsurance - Reinsurance

Open in GoAI

Previous close

$15.29

−$0.09 · -0.59%

Aug 21, 4:00 PM ET

GLRE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

71

Undervalued

Momentum

52

Neutral

Sentiment

54

Mixed

Risk resilience

70

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

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.

Industry
Insurance - Reinsurance
Sector
Financial Services
Headquarters
KY
CEO
Greg Richardson
Listed since
May 24, 2007
Employees
84

Market position

Day range

Current $15.29

52-week range

Current $15.29

Open
$15.40
Previous close
$15.38
Volume
113.87K
0.65× average
Average volume
174.49K
Average daily volume
Market cap
507.11M USD
Beta
0.34
Market reference 1
50-day average
$16.2638
-5.99% below average
200-day average
$15.503
-1.37% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
386.02M USD
P/E (TTM)
10.19×
P/B (TTM)
0.73×
P/S (TTM)
0.76×
EV / EBITDA
4.65×
Earnings yield
15.18%
Free cash flow yield
42.64%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
48.51%
Operating margin
8.00%
Net margin
7.68%
Return on equity
10.57%
Return on assets
3.45%
Return on invested capital
10.28%

Financial health

Debt / equity
0.01×
Current ratio
0.99×
Altman Z-score
0.75
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends45%30%14%-1%Gross margin, FY2021: 8.86%Gross margin, FY2022: 3.77%Gross margin, FY2023: 16.36%Gross margin, FY2024: 6.78%Gross margin, FY2025: 40.89%Operating margin, FY2021: 3.74%Operating margin, FY2022: 5.13%Operating margin, FY2023: 13.75%Operating margin, FY2024: 6.72%Operating margin, FY2025: 11.25%Net margin, FY2021: 3.08%Net margin, FY2022: 5.31%Net margin, FY2023: 13.73%Net margin, FY2024: 6.61%Net margin, FY2025: 10.75%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 8.86%. Gross margin FY2022 3.77%. Gross margin FY2023 16.36%. Gross margin FY2024 6.78%. Gross margin FY2025 40.89%. Operating margin FY2021 3.74%. Operating margin FY2022 5.13%. Operating margin FY2023 13.75%. Operating margin FY2024 6.72%. Operating margin FY2025 11.25%. Net margin FY2021 3.08%. Net margin FY2022 5.31%. Net margin FY2023 13.73%. Net margin FY2024 6.61%. Net margin FY2025 10.75%.

Income trends

Revenue

696.35M USD+7.47%

Operating income

78.31M USD+79.76%

Net income

74.83M USD+74.78%
Income trends across reported periods764.23M USD492.72M USD221.21M USD−50.3M USDRevenue, FY2021: 570.46M USDRevenue, FY2022: 477.63M USDRevenue, FY2023: 632.35M USDRevenue, FY2024: 647.97M USDRevenue, FY2025: 696.35M USDOperating income, FY2021: 21.32M USDOperating income, FY2022: 24.53M USDOperating income, FY2023: 86.93M USDOperating income, FY2024: 43.57M USDOperating income, FY2025: 78.31M USDNet income, FY2021: 17.58M USDNet income, FY2022: 25.34M USDNet income, FY2023: 86.83M USDNet income, FY2024: 42.82M USDNet income, FY2025: 74.83M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 570.46M USD. Revenue FY2022 477.63M USD. Revenue FY2023 632.35M USD. Revenue FY2024 647.97M USD. Revenue FY2025 696.35M USD. Operating income FY2021 21.32M USD. Operating income FY2022 24.53M USD. Operating income FY2023 86.93M USD. Operating income FY2024 43.57M USD. Operating income FY2025 78.31M USD. Net income FY2021 17.58M USD. Net income FY2022 25.34M USD. Net income FY2023 86.83M USD. Net income FY2024 42.82M USD. Net income FY2025 74.83M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue696.35M USD647.97M USD632.35M USD477.63M USD570.46M USD
Cost of goods sold411.59M USD604.04M USD528.88M USD459.63M USD519.94M USD
Gross profit284.76M USD43.93M USD103.46M USD18M USD50.52M USD
Selling, general, and administrative——23.65M USD17.79M USD29.37M USD
Operating expenses206.45M USD365K USD16.53M USD−6.53M USD29.2M USD
Interest income—32.43M USD35.63M USD4.47M USD—
Interest expense4.79M USD9.18M USD8.03M USD10.92M USD17.92M USD
Depreciation and amortization———79K USD16K USD
Operating income78.31M USD43.57M USD86.93M USD24.53M USD21.32M USD
Net income74.83M USD42.82M USD86.83M USD25.34M USD17.58M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-371.43%
11 comparable reports
Latest EPS result
-0.89
Estimate -0.35 · Miss by 157.75%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.630.73-0.18-1.08Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual -0.81, estimate -0.02, surprise -3950.00%, Miss. Q2 2025, reported May 7, 2025: actual 0.86, estimate 0.5, surprise +72.00%, Beat. Q3 2025, reported Aug 4, 2025: actual 0.01, estimate -0.351, surprise +102.85%, Beat. Q4 2025, reported Nov 3, 2025: actual -0.13, estimate 0.101, surprise -229.35%, Miss. Q1 2026, reported Mar 9, 2026: actual 1.44, estimate 1.12, surprise +28.57%, Beat. Q2 2026, reported May 5, 2026: actual 1.05, estimate 1.25, surprise -16.00%, Miss. Q3 2026, reported Aug 4, 2026: actual -0.89, estimate -0.345, surprise -157.75%, Miss. Q4 2026, reported Nov 2, 2026: actual —, estimate 0.5, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates245.57M165.84M86.1M6.37MQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 7.49M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 7, 2025: actual 213.3M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 4, 2025: actual 178.38M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 3, 2025: actual 160.48M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 9, 2026: actual 161.31M USD, estimate 177.93M USD, surprise -9.34%, Miss. Q2 2026, reported May 5, 2026: actual 227.94M USD, estimate 160.88M USD, surprise +41.69%, Beat. Q3 2026, reported Aug 4, 2026: actual 183.12M USD, estimate 165.31M USD, surprise +10.77%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 167.94M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy3100%
Hold00%
Sell00%
Strong sell00%

GLRE news

seekingalpha.com

Greenlight Capital Re, Ltd. (GLRE) Q2 2026 Earnings Call Transcript

Greenlight Capital Re, Ltd. (GLRE) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Greenlight Capital Re Q2 Earnings Call Highlights

Greenlight Capital Re NASDAQ: GLRE reported a second-quarter net loss of $29.6 million, or $0.89 per diluted share, as investment losses in its Solasglas portfolio and catastrophe and large-loss provisions weighed on…

Read source
defenseworld.net

Dimensional Fund Advisors LP Trims Stock Position in Greenlight Capital Re, Ltd. $GLRE

Dimensional Fund Advisors LP trimmed its holdings in Greenlight Capital Re, Ltd. (NASDAQ: GLRE) by 10.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange…

Read source
globenewswire.com

Greenlight Re Announces Financial Results for Second Quarter and Six Months Ended June 30, 2026

GRAND CAYMAN, Cayman Islands, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the second quarter and six months…

Read source
globenewswire.com

Greenlight Innovation Syndicate 3456 Progresses to Full Lloyd's Syndicate

GRAND CAYMAN, Cayman Islands, July 30, 2026 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”) announced today that Greenlight Innovation Syndicate 3456 (“Syndicate 3456”)…

Read source
globenewswire.com

Greenlight Capital Re, Ltd. Schedules Second Quarter 2026 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, July 28, 2026 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a multiline property and casualty insurer and reinsurer, today announced that…

Read source

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ETFs holding GLRE

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
11.12M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
9.07M
Weight
0.03%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
4.87M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
4M
Weight
0.03%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
3.04M
Weight
0.12%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
2.94M
Weight
0.04%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
2.46M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
1.93M
Weight
0.02%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%

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