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How to buy Greenlight Capital Re stock (GLRE)

Buy Greenlight Capital Re stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Greenlight Capital Re is an insurance - reinsurance business based in the US. Greenlight Capital Re shares (GLRE) are listed on the NASDAQ and all prices are listed in US Dollars. Greenlight Capital Re employs 64 staff and has a trailing 12-month revenue of around $698.2 million.

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Greenlight Capital Re stock price (NASDAQ: GLRE)

Use our graph to track the performance of GLRE stocks over time.

Greenlight Capital Re shares at a glance

Information last updated 2024-07-22.
Latest market close$13.05
52-week range$9.94 - $13.63
50-day moving average $12.97
200-day moving average $11.93
Wall St. target price$1.00
PE ratio 4.1254
Dividend yield N/A (0%)
Earnings per share (TTM) $3.11

Is it a good time to buy Greenlight Capital Re stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Greenlight Capital Re price performance over time

Historical closes compared with the close of $13.05 from 2024-07-22

1 week (2024-07-17) -3.40%
1 month (2024-06-24) 1.08%
3 months (2024-04-24) 6.01%
6 months (2024-01-24) 14.07%
1 year (2023-07-24) 29.98%
2 years (2022-07-22) 85.90%
3 years (2021-07-23) 49.14%
5 years (2019-07-24) 54.62%

Is Greenlight Capital Re stock undervalued or overvalued?

Valuing Greenlight Capital Re stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Greenlight Capital Re's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Greenlight Capital Re's P/E ratio

Greenlight Capital Re's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Greenlight Capital Re shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Greenlight Capital Re's PEG ratio

Greenlight Capital Re's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.38. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Greenlight Capital Re's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Greenlight Capital Re's EBITDA

Greenlight Capital Re's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $42 million.

The EBITDA is a measure of a Greenlight Capital Re's overall financial performance and is widely used to measure a its profitability.

Greenlight Capital Re financials

Revenue TTM $698.2 million
Operating margin TTM 16.23%
Gross profit TTM $73.6 million
Return on assets TTM 4.15%
Return on equity TTM 19.03%
Profit margin 15.46%
Book value $17.68
Market Capitalization $453.2 million

TTM: trailing 12 months

Greenlight Capital Re share dividends

We're not expecting Greenlight Capital Re to pay a dividend over the next 12 months.

Greenlight Capital Re share price volatility

Over the last 12 months, Greenlight Capital Re's shares have ranged in value from as little as $9.94 up to $13.63. A popular way to gauge a stock's volatility is its "beta".

GLRE.US volatility(beta: 0.84)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Greenlight Capital Re's is 0.84. This would suggest that Greenlight Capital Re's shares are less volatile than average (for this exchange).

Greenlight Capital Re overview

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.

Frequently asked questions

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What percentage of Greenlight Capital Re is owned by insiders or institutions?
Currently 23.227% of Greenlight Capital Re shares are held by insiders and 45.854% by institutions.
How many people work for Greenlight Capital Re?
Latest data suggests 64 work at Greenlight Capital Re.
When does the fiscal year end for Greenlight Capital Re?
Greenlight Capital Re's fiscal year ends in December.
Where is Greenlight Capital Re based?
Greenlight Capital Re's address is: 65 Market Street, Grand Cayman, Cayman Islands, KY1-1205
What is Greenlight Capital Re's ISIN number?
Greenlight Capital Re's international securities identification number is: KYG4095J1094
What is Greenlight Capital Re's CUSIP number?
Greenlight Capital Re's Committee on Uniform Securities Identification Procedures number is: G4095J109

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