Greenlight Capital Re Stock Today
| GLRE Stock | USD 14.11 0.11 0.79% |
Performance6 of 100
| Odds Of DistressLess than 5
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Greenlight Capital is trading at 14.11 as of the 20th of September 2024, a 0.79 percent increase since the beginning of the trading day. The stock's lowest day price was 14.0. Greenlight Capital has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Greenlight Capital Re are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2022 and ending today, the 20th of September 2024. Click here to learn more.
Business Domain Insurance | IPO Date 24th of May 2007 | Category Financial Services | Classification Financials |
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands. Greenlight Cap operates under InsuranceReinsurance classification in the United States and is traded on NASDAQ Exchange. The company has 35.32 M outstanding shares of which 242.75 K shares are currently shorted by private and institutional investors with about 2.08 trading days to cover. More on Greenlight Capital Re
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Greenlight Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Directors | Greg Richardson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Reinsurance, Insurance - Reinsurance, Financial Services, Financials, Insurance, Insurance—Reinsurance, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsGreenlight Capital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Greenlight Capital's financial leverage. It provides some insight into what part of Greenlight Capital's total assets is financed by creditors.
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Greenlight Capital Re (GLRE) is traded on NASDAQ Exchange in USA. It is located in 65 Market Street, Grand Cayman, Cayman Islands, KY1-1205 and employs 64 people. Greenlight Capital is listed under Reinsurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 498.38 M. Greenlight Capital conducts business under Insurance sector and is part of Financials industry. The entity has 35.32 M outstanding shares of which 242.75 K shares are currently shorted by private and institutional investors with about 2.08 trading days to cover.
Greenlight Capital Re currently holds about 34 M in cash with 7.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
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Ownership AllocationGreenlight Capital Re has a total of 35.32 Million outstanding shares. Greenlight Capital secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Greenlight Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2024-06-30 | 346.8 K | |
| Healthcare Of Ontario Pension Plan Trust Fund | 2024-06-30 | 273.1 K | |
| Northern Trust Corp | 2024-06-30 | 248.8 K | |
| Deutsche Bank Ag | 2024-06-30 | 152.3 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 121.2 K | |
| Wells Fargo & Co | 2024-06-30 | 110.2 K | |
| Lancaster Investment Management Llp | 2024-06-30 | 110 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 103.3 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 84.3 K | |
| Blackrock Inc | 2024-06-30 | 2.1 M | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 2 M |
Greenlight Capital Historical Income Statement
Greenlight Stock Against Markets
Greenlight Capital Corporate Management
| Faramarz Romer | Chief Treasurer | Profile | |
| Kagabo Ngiruwonsanga | Head Underwriting | Profile | |
| Brian OReilly | Head Innovations | Profile | |
| Jim Ehman | Head Islands | Profile | |
| Neil Greenspan | Chief Officer | Profile |
Additional Information and Resources on Investing in Greenlight Stock
When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlight Capital. If investors know Greenlight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlight Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share 1.93 | Revenue Per Share 20.168 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0289 |
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.