Greenlight Capital Re Stock Today
| GLRE Stock | USD 12.25 0.09 0.74% |
Performance5 of 100
| Odds Of DistressLess than 5
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Greenlight Capital is trading at 12.25 as of the 19th of April 2024, a 0.74 percent up since the beginning of the trading day. The stock's lowest day price was 12.11. 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 20th of March 2024 and ending today, the 19th of April 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 35.36 M outstanding shares of which 445.61 K shares are currently shorted by private and institutional investors with about 5.07 trading days to cover. More on Greenlight Capital Re
Moving together with Greenlight Stock
| 0.74 | RGA | Reinsurance Group Financial Report 2nd of May 2024 | PairCorr |
| 0.8 | SPNT-PB | SiriusPoint | PairCorr |
Moving against Greenlight Stock
| 0.68 | HG | Hamilton Insurance Report 21st of October 2024 | PairCorr |
| 0.43 | OXBRW | Oxbridge Re Holdings | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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Greenlight Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Greenlight Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greenlight Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Directors | Greg Richardson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Reinsurance, Insurance - Reinsurance, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Insurance, Insurance—Reinsurance, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Greenlight Capital report their recommendations after researching Greenlight Capital's financial statements, talking to executives and customers, or listening in on Greenlight Capital's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Greenlight Capital. The Greenlight consensus assessment is calculated by taking the average forecast from all of the analysts covering Greenlight Capital. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Greenlight Capital's profitability, liquidity, and operating efficiency, Greenlight Capital Re may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Greenlight Capital is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Greenlight Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Greenlight Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 435.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greenlight Capital's market, we take the total number of its shares issued and multiply it by Greenlight Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Greenlight Capital conducts business under Insurance sector and is part of Financials industry. The entity has 35.36 M outstanding shares of which 445.61 K shares are currently shorted by private and institutional investors with about 5.07 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.
Check Greenlight Capital Probability Of Bankruptcy
Ownership AllocationGreenlight Capital Re has a total of 35.36 Million outstanding shares. Over half of Greenlight Capital's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Greenlight Capital Re. Please watch out for any change in the institutional holdings of Greenlight Capital as this could mean something significant has changed or is about to change at the company. 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.
Check Greenlight Ownership Details
Greenlight Stock Price Odds Analysis
What are Greenlight Capital's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Greenlight Capital jumping above the current price in 90 days from now is about 21.84%. The Greenlight Capital Re probability density function shows the probability of Greenlight Capital stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4544. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Greenlight Capital will likely underperform. Additionally, greenlight Capital Re has an alpha of 0.0752, implying that it can generate a 0.0752 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Greenlight Capital to move above the current price in 90 days from now is about 21.84 (This Greenlight Capital Re probability density function shows the probability of Greenlight Stock to fall within a particular range of prices over 90 days) .
Greenlight Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Greenlight Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Greenlight Capital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Greenlight Capital's value.| Instituion | Recorded On | Shares | |
| Private Management Group Inc | 2023-12-31 | 267.7 K | |
| Northern Trust Corp | 2023-12-31 | 260.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 241.8 K | |
| Deutsche Bank Ag | 2023-12-31 | 153.8 K | |
| American Century Companies Inc | 2023-12-31 | 148.1 K | |
| Wells Fargo & Co | 2023-12-31 | 141.3 K | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 136.1 K | |
| Two Sigma Investments Llc | 2023-12-31 | 112.5 K | |
| Lancaster Investment Management Llp | 2023-12-31 | 110 K | |
| Blackrock Inc | 2023-12-31 | 2 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.9 M |
Greenlight Capital Historical Income Statement
Greenlight Capital Re Income Statement is one of the three primary financial statements used for reporting Greenlight's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Greenlight Capital revenue and expense. Greenlight Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Greenlight Capital's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 69.2 M, whereas Gross Profit is forecasted to decline to about 231.8 K. View More FundamentalsGreenlight Stock Against Markets
Picking the right benchmark for Greenlight Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greenlight Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greenlight Capital is critical whether you are bullish or bearish towards Greenlight Capital Re at a given time. Please also check how Greenlight Capital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Greenlight Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Greenlight Capital Corporate Directors
Greenlight Capital corporate directors refer to members of a Greenlight Capital board of directors. The board of directors generally takes responsibility for the Greenlight Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Greenlight Capital's board members must vote for the resolution. The Greenlight Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joseph Platt | Independent Lead Director | Profile | |
| Bryan Murphy | Independent Director | Profile | |
| Leonard Goldberg | Non - Independent Director | Profile | |
| Hope Taitz | Independent Director | Profile |
How to buy Greenlight Stock?
Before investing in Greenlight Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Greenlight Capital. To buy Greenlight Capital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Greenlight Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Greenlight Capital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Greenlight Capital Re stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Greenlight Capital Re stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Greenlight Capital Re, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Greenlight Stock please use our How to Invest in Greenlight Capital guide.
Already Invested in Greenlight Capital Re?
The danger of trading Greenlight Capital Re is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greenlight Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greenlight Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greenlight Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Greenlight Stock analysis
When running Greenlight Capital's price analysis, check to measure Greenlight Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greenlight Capital is operating at the current time. Most of Greenlight Capital's value examination focuses on studying past and present price action to predict the probability of Greenlight Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlight Capital's price. Additionally, you may evaluate how the addition of Greenlight Capital to your portfolios can decrease your overall portfolio volatility.
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Is Greenlight Capital's industry 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 (0.49) | Earnings Share 2.5 | Revenue Per Share 19.234 | Quarterly Revenue Growth 0.078 | Return On Assets 0.033 |
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.