Greenlight Reinsurance/$GLRE
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About Greenlight Reinsurance
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed and income from investments.
Ticker
$GLRE
Sector
Primary listing
Industry
Insurance
Headquarters
Grand Cayman, Cayman Islands
Employees
75
ISIN
KYG4095J1094
Website
GLRE Metrics
BasicAdvanced
$497M
10.92
$1.32
0.67
-
Price and volume
Market cap
$497M
Beta
0.67
52-week high
$15.07
52-week low
$12.14
Average daily volume
148K
Financial strength
Current ratio
1.781
Quick ratio
0.055
Long term debt to equity
8.559
Total debt to equity
9.08
Interest coverage (TTM)
6.37%
Profitability
Gross margin (TTM)
10.02%
Net profit margin (TTM)
6.33%
Operating margin (TTM)
7.69%
Effective tax rate (TTM)
3.22%
Revenue per employee (TTM)
$9,570,000
Management effectiveness
Return on assets (TTM)
1.71%
Return on equity (TTM)
7.04%
Valuation
Price to earnings (TTM)
10.916
Price to revenue (TTM)
0.681
Price to book
0.74
Price to tangible book (TTM)
0.74
Price to free cash flow (TTM)
4.704
Free cash flow yield (TTM)
21.26%
Free cash flow per share (TTM)
305.50%
Growth
Revenue change (TTM)
2.79%
Earnings per share change (TTM)
-58.27%
3-year revenue growth (CAGR)
7.94%
10-year revenue growth (CAGR)
4.31%
3-year earnings per share growth (CAGR)
102.99%
10-year earnings per share growth (CAGR)
-6.13%
Bulls say / Bears say
Greenlight Capital Re achieved its first full year of underwriting profitability in 2023, indicating improved operational efficiency and risk management. (businesswire.com)
AM Best revised the outlooks for Greenlight Capital Re and its subsidiaries to positive from stable, reflecting the company's steady improvement in operating performance and financial strength. (businesswire.com)
In Q1 2025, Greenlight Capital Re reported a net income of $29.6 million, up from $27 million in the same period the previous year, demonstrating consistent financial growth. (gurufocus.com)
In Q3 2024, Greenlight Capital Re's gross premiums written decreased by 8% year-over-year, primarily due to non-renewals in certain contracts, which could indicate challenges in maintaining or growing its client base. (insurancebusinessmag.com)
The company's combined ratio increased to 95.9% in Q3 2024 from 91.2% the previous year, with natural catastrophe events adding 9.3% to the ratio, highlighting vulnerability to such events. (insurancebusinessmag.com)
Despite reporting net income growth, Greenlight Capital Re's underwriting income decreased in Q3 2024, suggesting that investment gains, rather than core underwriting operations, are driving profitability. (insurancebusinessmag.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
GLRE News
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FAQs
What’s the current market cap for Greenlight Reinsurance stock?
Greenlight Reinsurance (GLRE) has a market cap of $497M as of July 01, 2025.
What is the P/E ratio for Greenlight Reinsurance stock?
The price to earnings (P/E) ratio for Greenlight Reinsurance (GLRE) stock is 10.92 as of July 01, 2025.
Does Greenlight Reinsurance stock pay dividends?
No, Greenlight Reinsurance (GLRE) stock does not pay dividends to its shareholders as of July 01, 2025.
When is the next Greenlight Reinsurance dividend payment date?
Greenlight Reinsurance (GLRE) stock does not pay dividends to its shareholders.
What is the beta indicator for Greenlight Reinsurance?
Greenlight Reinsurance (GLRE) has a beta rating of 0.67. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.