Free Trial

Greenlight Capital Re (GLRE) Scheduled to Post Earnings on Monday

Greenlight Capital Re logo with Finance background

Greenlight Capital Re (NASDAQ:GLRE - Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, November 4th.

Greenlight Capital Re (NASDAQ:GLRE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02). The firm had revenue of $174.86 million for the quarter. Greenlight Capital Re had a net margin of 9.60% and a return on equity of 10.88%.

Greenlight Capital Re Trading Up 0.9 %

Shares of NASDAQ GLRE traded up $0.12 during mid-day trading on Wednesday, reaching $13.52. The company had a trading volume of 74,688 shares, compared to its average volume of 82,318. The business's 50-day moving average is $13.73 and its 200-day moving average is $13.17. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 0.10. The stock has a market cap of $477.54 million, a price-to-earnings ratio of 4.52 and a beta of 0.85. Greenlight Capital Re has a 52 week low of $10.49 and a 52 week high of $14.31.

Insider Activity

In other Greenlight Capital Re news, Director Ian Isaacs sold 7,159 shares of Greenlight Capital Re stock in a transaction on Friday, September 27th. The shares were sold at an average price of $13.81, for a total transaction of $98,865.79. Following the sale, the director now owns 86,984 shares of the company's stock, valued at $1,201,249.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 22.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Greenlight Capital Re from a "hold" rating to a "buy" rating in a report on Friday, October 4th.

Check Out Our Latest Stock Report on GLRE

Greenlight Capital Re Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History for Greenlight Capital Re (NASDAQ:GLRE)

Should you invest $1,000 in Greenlight Capital Re right now?

Before you consider Greenlight Capital Re, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greenlight Capital Re wasn't on the list.

While Greenlight Capital Re currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

Palo Alto Networks Gains Momentum: What’s Next for This Cybersecurity Giant?

With earnings on the horizon, will Palo Alto Networks continue its rally through Q4? Find out what analysts and investors are predicting.

Related Videos

3 Momentum Stock Picks With Room to Run

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines