YOLFTbeta
Greenlight Capital Re Ltd

Greenlight Capital Re Ltd

GLRE · NASDAQ · Financial Services / Insurance - Reinsurance

16.45USD+0.09 (+0.55%)

Price History

Full chart

Market Stats

Previous Close16.36
Open16.45
Day Range16.34 – 16.65
52-Week Range11.57 – 19.39
Volume63.10K
Market Cap487.34M
P/E (TTM)10.16
Forward P/E4.64
EPS1.47
Dividend Yield0.00%
Beta0.32
50-Day Avg15.72
200-Day Avg15.75

About

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments. The company offers casualty reinsurance, such as automobile liability and general liability. It also provides coverages for casualty, including general liability, umbrella, multiline casualty, and workers' compensation; financial, such as mortgage, trade credit, surety, transactional liability, and financial multiline; health, which include primarily accident and critical illness; multiline comprising FAL business, coupled with multiline commercial and personal auto liability, BOP, and multiline commercial; property, including commercial property and property catastrophe; and specialty products and services, such as agriculture, cyber, marine and energy, aviation and space, specialty multiline, and WPVT which covers losses relating to war, political violence, and terrorism. 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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Reinsurance
  • CEOMr. Greg Richardson
  • Employees84
  • Headquarters65 Market Street, Grand Cayman, Cayman Islands, KY1-1205, USA
  • Websitehttps://greenlightre.com

Leadership

  • Mr. Greg RichardsonCEO & Director · b. 1960
  • Mr. Faramarz RomerChief Financial Officer · b. 1977
  • Mr. Patrick O'BrienChief Operating Officer · b. 1970
  • Dr. Thomas James Curnock Ph.D.Group Chief Underwriting Officer · b. 1972
  • Mr. Brian O'ReillyHead of Innovations · b. 1985
  • Mr. Steven ArchambaultChief Accounting Officer · b. 1971
  • Mr. Adam PriorSenior Vice President of Equity Group Inc.
  • Mr. David E. SigmonGeneral Counsel, Corporate Secretary & Chief Compliance Officer · b. 1984
  • Mr. Simon BurtonAdvisor · b. 1970
  • Mr. Kagabo NgiruwonsangaHead of Innovation Underwriting

Financials

Income Statement

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.15M29.26M86.15M125.69M-11.18M419.08M390.63M403.15M545.40M764.33M479.80M123.05M588.37M645.67M243.85M491.40M478.82M570.46M477.63M632.35M647.97M696.35M
Growth (%)-+188.19%+194.45%+45.90%-108.89%+3849.48%-6.79%+3.20%+35.28%+40.14%-37.23%-74.35%+378.15%+9.74%-62.23%+101.52%-2.56%+19.14%-16.27%+32.39%+2.47%+7.47%
Cost of Revenue-2.99M20.09M78.45M97.13M188.28M279.66M380.44M509.32M510.37M342.65M433.30M515.35M664.14M509.35M505.57M447.12M519.94M459.63M528.88M604.04M411.59M
Gross Profit10.15M29.26M66.06M47.24M-108.31M230.80M110.97M22.70M36.07M253.96M137.15M-310.25M73.02M-18.47M-265.50M-14.17M31.70M50.52M18.00M103.46M43.93M284.76M
Gross Margin100.00%100.00%76.68%37.59%969.05%55.07%28.41%5.63%6.61%33.23%28.58%-252.14%12.41%-2.86%-108.88%-2.88%6.62%8.86%3.77%16.36%6.78%40.89%
Operating Expense3.38M2.99M9.06M11.92M12.59M21.31M16.19M13.89M17.54M20.96M24.50M23.43M25.81M26.36M88.50M-10.67M27.41M29.20M-6.53M16.53M365.00K206.45M
Operating Income6.78M26.27M57.00M35.33M-120.90M209.50M94.78M8.81M18.54M233.01M112.65M-333.69M47.21M-44.83M-354.00M-3.50M4.29M21.32M24.53M86.93M43.56M78.31M
Operating Margin66.74%89.77%66.16%28.11%1081.72%49.99%24.26%2.19%3.40%30.49%23.48%-271.18%8.02%-6.94%-145.17%-0.71%0.90%3.74%5.13%13.75%6.72%11.25%
EBITDA6.78M26.27M57.02M35.37M-24.89M211.93M95.00M9.04M18.79M233.33M113.09M-314.81M47.60M-44.46M-348.73M5.11M12.87M39.26M35.52M94.96M52.75M83.10M
EBITDA Margin66.74%89.78%66.19%28.14%222.72%50.57%24.32%2.24%3.44%30.53%23.57%-255.84%8.09%-6.89%-143.01%1.04%2.69%6.88%7.44%15.02%8.14%11.93%
Net Income6.78M26.27M57.00M35.33M-122.07M209.54M90.64M6.77M14.60M225.70M109.59M-326.43M44.88M-44.95M-350.05M-3.99M3.87M17.58M25.34M86.83M42.82M74.83M
Net Income Margin66.74%89.77%66.16%28.11%1092.13%50.00%23.20%1.68%2.68%29.53%22.84%-265.28%7.63%-6.96%-143.55%-0.81%0.81%3.08%5.31%13.73%6.61%10.75%
R&D-------00000000-------
R&D as % of Total Revenue-------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000003.97M13.31M17.41M25.40M7.47M18.48M002.50M6.26M6.28M17.92M10.92M8.03M9.18M4.79M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%1.02%3.30%3.19%3.32%1.56%15.02%0.00%0.00%1.03%1.27%1.31%3.14%2.29%1.27%1.42%0.69%

Balance Sheet

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-327.94M518.61M1.09B958.00M1.62B2.34B2.34B2.72B3.10B3.00B2.71B2.66B3.36B1.44B1.36B1.36B1.43B1.58B1.74B2.02B2.17B
Total Liabilities-96.11M206.44M488.56M466.56M894.98M1.50B1.50B1.86B2.01B1.83B1.86B1.77B2.51B955.98M878.01M892.79M951.83M1.08B1.14B1.38B1.46B
Total Equity-231.82M312.17M605.58M485.38M698.64M793.40M803.10M821.71M1.05B1.17B825.39M874.24M851.43M477.29M477.18M464.86M475.66M503.12M596.10M635.88M707.98M
Cash-4.08M82.70M64.19M94.14M31.72M45.54M42.28M21.89M3.72M12.03M112.16M39.86M27.29M18.21M25.81M8.94M76.31M38.24M51.08M64.69M111.76M
Total Debt----70.21M95.84M15.61M-----22.47M70.80M91.19M93.51M100.85M102.44M182.97M73.28M60.75M4.72M
Net Debt---82.70M-64.19M-94.14M-31.72M-29.93M-42.28M-21.89M-3.72M-12.03M-112.16M-17.39M-20.11M72.97M67.70M86.86M21.75M42.30M22.20M-3.94M-107.03M

Cash Flow

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-31.73M54.69M-273.72M46.38M50.00M38.46M-26.43M-50.59M-92.70M-133.73M-59.95M-35.79M94.42M-59.31M1.63M-91.32M-56.30M-31.80M7.51M111.50M210.21M
Investing Cash Flow-40.00K-162.00K--14.13M-112.73M-24.67M23.16M29.88M74.02M142.04M177.69M-30.43M-106.53M-845.26M63.33M95.63M23.09M47.02M-53.13M-96.56M-149.17M
Financing Cash Flow8.32M20.96M255.21M-2.30M304.00K32.00K8.00K318.00K513.00K-17.61M-17.61M0-2.82M80.07M-17.78M-17.78M-10.00M-19.83M-5.29M-21.24M-65.14M
Capital Expenditure40.00K200.00K001.48M0460.00K01.04M00000001.23M107.25M46.00M00
Free Cash Flow-31.77M54.49M-273.72M46.38M48.52M38.46M-26.89M-50.59M-93.74M-133.73M-59.95M-35.79M94.42M-59.31M1.63M-91.32M-57.53M-139.05M7.51M111.50M210.21M
Dividends Paid------0000000------42.50M-
FCF to OCF100.13%99.63%100.00%100.00%97.04%100.00%101.74%100.00%101.12%100.00%100.00%100.00%100.00%100.00%100.00%100.00%102.19%437.28%100.00%100.00%100.00%
Dividend Paid to FCF------0.00%0.00%0.00%0.00%0.00%0.00%0.00%------38.12%-

Earnings

Report DateMay 30, 2007Aug 13, 2007Nov 13, 2007Mar 18, 2008May 12, 2008Aug 6, 2008Nov 4, 2008Feb 23, 2009May 4, 2009Aug 3, 2009Nov 2, 2009Feb 24, 2010May 3, 2010Aug 2, 2010Nov 2, 2010Feb 22, 2011May 2, 2011Aug 9, 2011Oct 31, 2011Feb 21, 2012Apr 30, 2012Jul 30, 2012Oct 31, 2012Feb 19, 2013May 6, 2013Jul 29, 2013Oct 30, 2013Feb 18, 2014May 5, 2014Aug 4, 2014Nov 3, 2014Feb 17, 2015May 4, 2015Aug 3, 2015Oct 23, 2015Feb 22, 2016May 2, 2016Aug 1, 2016Nov 3, 2016Feb 22, 2017May 2, 2017Jul 31, 2017Oct 30, 2017Feb 20, 2018Apr 30, 2018Jul 31, 2018Nov 5, 2018Feb 27, 2019May 6, 2019Aug 5, 2019Nov 6, 2019Mar 9, 2020May 5, 2020Aug 5, 2020Nov 4, 2020Mar 10, 2021May 5, 2021Aug 3, 2021Nov 3, 2021Mar 8, 2022May 3, 2022Aug 2, 2022Nov 2, 2022Mar 8, 2023May 9, 2023Aug 2, 2023Nov 8, 2023Mar 5, 2024May 8, 2024Aug 6, 2024Nov 4, 2024Mar 3, 2025May 6, 2025Jul 25, 2025Nov 3, 2025Mar 10, 2026May 6, 2026Aug 4, 2026Nov 2, 2026
EPS Estimate-1.20-0.050.75-0.111.10-3.38-0.840.792.520.831.280.040.740.901.48-1.09-0.690.052.171.88-1.052.62-1.501.890.721.402.30-0.133.01-1.431.96-0.73-0.59-5.66-1.400.86-1.030.931.520.28-1.100.61-0.55-4.44-1.01-2.54-2.230.600.400.15-0.15-1.150.05-0.101.150.050.00-0.750.900.250.450.050.75-0.100.95-0.300.420.800.250.650.59-0.300.20----
EPS Actual-0.381.50-0.060.80-0.130.92-3.29-0.870.772.510.881.55-0.340.470.781.53-1.19-0.44-0.121.891.75-0.981.23-1.651.520.761.502.23-0.242.89-1.401.60-0.65-1.06-5.98-1.170.77-1.690.801.310.22-0.960.53-1.01-3.85-1.01-2.48-2.390.160.420.14-0.83-1.110.060.061.200.190.02-0.420.71-0.170.37-0.560.910.171.320.390.500.780.231.01-0.790.860.01-0.131.431.05-0.89-
Surprise-25.00%-20.00%6.67%-18.18%-16.36%2.66%-3.57%-2.53%-0.40%6.02%21.09%-950.00%-36.49%-13.33%3.38%-9.17%36.23%-340.00%-12.90%-6.91%6.67%-53.05%-10.00%-19.58%5.56%7.14%-3.04%-84.62%-3.99%2.10%-18.37%10.96%-79.66%-5.65%16.43%-10.47%-64.08%-13.98%-13.82%-21.43%12.73%-13.11%-83.64%13.29%0.00%2.36%-7.17%-73.33%5.00%-6.67%-453.33%3.48%20.00%160.00%4.35%280.00%1718.18%44.00%-21.11%-168.00%-17.78%-1220.00%21.33%270.00%38.95%230.00%19.05%-2.50%-8.00%55.38%-233.42%--96.71%-165.78%----
Timing-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hours---After-hours

Key Statistics & Ratios

Market Cap487.34M
Enterprise Value423.36M
Trailing P/E10.16
Forward P/E4.64
PEG Ratio1.68
Price / Sales0.72
Price / Book0.71
EPS1.47
Book Value21.22
Revenue (TTM)691.13M
Gross Profit (TTM)85.65M
EBITDA74.69M
Profit Margin7.38%
Operating Margin-20.78%
Return on Equity7.50%
Return on Assets1.78%
Shares Outstanding32.64M
Shares Float24.38M
Beta0.32
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
52.05%
Insiders
24.91%
Retail / Other
23.04%

Top Institutional Holders

  • BlackRock Inc
    2.48M7.61%
  • Dimensional Fund Advisors, Inc.
    1.76M5.39%
  • Private Management Group Inc
    1.49M4.56%
  • Morgan Stanley - Brokerage Accounts
    1.42M4.36%
  • Ameriprise Financial Inc
    654.28K2.00%
  • Geode Capital Management, LLC
    630.96K1.93%
  • American Century Companies Inc
    624.15K1.91%
  • State Street Corp
    596.16K1.83%
  • CWA Asset Management Group, LLC
    532.06K1.63%
  • Two Sigma Investments LLC
    377.14K1.16%
  • Deutsche Bank AG
    333.61K1.02%
  • Vanguard Capital Management, LLC
    297.47K0.91%
  • Hillsdale Investment Management Inc.
    278.83K0.85%
  • The Goldman Sachs Group Inc
    270.91K0.83%

Top Fund Holders

  • iShares Russell 2000 ETF
    723.04K2.22%
  • Avantis US Small Cap Value ETF
    590.05K1.81%
  • Columbia Small Cap Value Discv A
    516.14K1.58%
  • DFA US Small Cap Value I
    450.60K1.38%
  • Xtrackers S&P 500 Swap ETF 1C
    314.03K0.96%
  • Fidelity Small Cap Index
    281.80K0.86%