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Greenlight Capital Re, Ltd. (GLRE)

Financial Services | Insurance - Reinsurance | Grand Cayman, Cayman Islands | NasdaqGS
17.13 USD +0.57 (3.442%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:41 a.m. EDT

Greenlight Capital Re presents a classic 'value trap' scenario where the math looks attractive but the reality is stagnant. While the stock trades at a steep discount to book value (0.75x) and boasts a low P/E, the business has failed to generate meaningful capital appreciation over the last decade, losing nearly a third of its value despite a recent year-over-year gain. The absence of any dividend history eliminates income appeal, leaving investors reliant solely on price recovery which has been elusive. With insider selling recently and no institutional options flow to suggest a catalyst is brewing, the security appears to be waiting for a specific re-rating event that hasn't materialized yet. It is a hold for now, but not a buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.071602
AutoARIMA0.072087
AutoETS0.072089
AutoTheta0.074761

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 27.42
Ljung-Box p 0.000
Jarque-Bera p 0.437
Excess Kurtosis -0.93
Attribute Value
Sector Financial Services
Debt to Equity Ratio 1.041
Revenue per Share 20.956
Market Cap 568,141,248
Trailing P/E 7.02
Forward P/E 10.71
Beta 0.32
Profit Margins 11.45%
Website https://greenlightre.com

As of July 11, 2026, 5:41 a.m. EDT: Options activity is negligible across all expirations, with virtually zero open interest and volume for both calls and puts. Implied volatility is near zero, indicating a complete lack of speculative positioning or hedging demand. The market is effectively ignoring this instrument for directional bets.


Info Dump

Attribute Value
52 Week Change 0.3106351
Address1 65 Market Street
Address2 Suite 1207 Jasmine Court Camana Bay PO Box 31110
All Time High 35.18
All Time Low 5.0
Ask 21.37
Ask Size 2
Audit Risk 1
Average Daily Volume10 Day 178,500
Average Daily Volume3 Month 189,216
Average Volume 189,216
Average Volume10Days 178,500
Beta 0.322
Bid 12.32
Bid Size 2
Board Risk 6
Book Value 22.003
City Grand Cayman
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Cayman Islands
Crypto Tradeable 0
Currency USD
Current Price 17.13
Current Ratio 1.523
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 17.17
Day Low 16.565
Debt To Equity 1.041
Display Name Greenlight Capital Re
Earnings Call Timestamp End 1,778,072,400
Earnings Call Timestamp Start 1,778,072,400
Earnings Growth 0.221
Earnings Quarterly Growth 0.207
Earnings Timestamp 1,778,011,200
Earnings Timestamp End 1,785,787,200
Earnings Timestamp Start 1,785,787,200
Ebitda Margins 0.0
Enterprise To Revenue 0.708
Enterprise Value 500,772,256
Eps Forward 1.6
Eps Trailing Twelve Months 2.44
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.6198
Fifty Day Average Change 0.5101986
Fifty Day Average Change Percent 0.030698238
Fifty Two Week Change Percent 31.063509
Fifty Two Week High 19.39
Fifty Two Week High Change -2.2600002
Fifty Two Week High Change Percent -0.11655494
Fifty Two Week Low 11.57
Fifty Two Week Low Change 5.5599995
Fifty Two Week Low Change Percent 0.48055312
Fifty Two Week Range 11.57 - 19.39
Financial Currency USD
First Trade Date Milliseconds 1,180,013,400,000
Float Shares 24,876,494
Forward Eps 1.6
Forward P E 10.706249
Free Cashflow 275,626,752
Full Exchange Name NasdaqGS
Full Time Employees 84
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.15566
Gross Profits 110,044,000
Has Pre Post Market Data 1
Held Percent Insiders 0.24583
Held Percent Institutions 0.52392
Implied Shares Outstanding 33,166,448
Industry Insurance - Reinsurance
Industry Disp Insurance - Reinsurance
Industry Key insurance-reinsurance
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Greenlight Capital Re, Ltd.
Market us_market
Market Cap 568,141,248
Market State PRE
Max Age 86,400
Message Board Id finmb_31160334
Most Recent Quarter 1,774,915,200
Net Income To Common 80,955,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 568,141,254
Open 16.64
Operating Cashflow 237,076,992
Operating Margins 0.21022
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 1.68
Phone 345 943 4573
Pre Market Change -0.01999855
Pre Market Change Percent -0.11674578
Pre Market Price 17.11
Pre Market Time 1,784,027,712
Previous Close 16.56
Price Hint 2
Price To Book 0.7785302
Price To Sales Trailing12 Months 0.803674
Profit Margins 0.11452
Quick Ratio 0.08
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.57
Regular Market Change Percent 3.44203
Regular Market Day High 17.17
Regular Market Day Low 16.565
Regular Market Day Range 16.565 - 17.17
Regular Market Open 16.64
Regular Market Previous Close 16.56
Regular Market Price 17.13
Regular Market Time 1,783,972,801
Regular Market Volume 114,708
Return On Assets 0.0247
Return On Equity 0.114989996
Revenue Growth -0.069
Revenue Per Share 20.956
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 33,166,448
Shares Percent Shares Out 0.019199999
Shares Short 635,351
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 303,454
Short Name Greenlight Reinsurance, Ltd.
Short Percent Of Float 0.0251
Short Ratio 3.45
Source Interval 15
Symbol GLRE
Total Cash 75,088,000
Total Cash Per Share 2.264
Total Debt 7,719,000
Total Revenue 706,929,984
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.44
Trailing P E 7.020491
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 14.958
Two Hundred Day Average Change 2.171999
Two Hundred Day Average Change Percent 0.14520651
Type Disp Equity
Volume 114,708
Website https://greenlightre.com
Zip KY1-1205