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Greenlight Capital Re, Ltd. (GLRE)

Financial Services | Insurance - Reinsurance | Grand Cayman, Cayman Islands | NasdaqGS
15.37 USD -0.04 (-0.260%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 15.37

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 6:06 a.m. EDT

The investment case here is fundamentally broken. While the company trades at a discount to book value, the underlying business is deteriorating rapidly. Revenue has contracted by over 10%, operating margins are deeply negative at nearly -21%, and the stock has lost more than a third of its value over the last nine years. The trailing twelve-month earnings are barely covering costs, and there is no dividend to provide any income cushion. The recent price action shows the stock hovering near its 200-day average but failing to break out, confirming a lack of momentum. With no insider buying, no analyst coverage, and virtually no options activity, the market has correctly identified this as a value trap where the cheap price reflects severe structural issues rather than a bargain opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.036300
AutoETS0.036708
AutoARIMA0.036709
AutoTheta0.037833

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 53%
H-stat 1.73
Ljung-Box p 0.000
Jarque-Bera p 0.278
Excess Kurtosis -1.13
Attribute Value
Sector Financial Services
Debt to Equity Ratio 1.655
Revenue per Share 20.619
Market Cap 509,768,288
Trailing P/E 10.39
Forward P/E 9.61
Beta 0.34
Profit Margins 7.38%
Website https://greenlightre.com

As of Aug. 22, 2026, 6:06 a.m. EDT: Options activity is extremely sparse, indicating a lack of speculative interest. The few contracts present show negligible open interest and volume across both calls and puts, suggesting the market is effectively ignoring this name for directional bets. Implied volatility is low, reflecting the absence of active positioning rather than a specific fear or greed signal.


Info Dump

Attribute Value
52 Week Change 0.20078123
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 19.71
Ask Size 2
Audit Risk 1
Average Daily Volume10 Day 110,720
Average Daily Volume3 Month 158,298
Average Volume 158,298
Average Volume10Days 110,720
Beta 0.336
Bid 15.35
Bid Size 1
Board Risk 5
Book Value 22.003
City Grand Cayman
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country Cayman Islands
Crypto Tradeable 0
Currency USD
Current Price 15.37
Current Ratio 1.498
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 15.46
Day Low 15.32
Debt To Equity 1.655
Display Name Greenlight Capital Re
Earnings Call Timestamp End 1,785,934,800
Earnings Call Timestamp Start 1,785,934,800
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda Margins 0.0
Enterprise To Revenue 0.632
Enterprise Value 436,925,472
Eps Forward 1.6
Eps Trailing Twelve Months 1.48
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.1982
Fifty Day Average Change -0.82820034
Fifty Day Average Change Percent -0.05112916
Fifty Two Week Change Percent 20.078123
Fifty Two Week High 19.39
Fifty Two Week High Change -4.0199995
Fifty Two Week High Change Percent -0.20732334
Fifty Two Week Low 11.57
Fifty Two Week Low Change 3.8000002
Fifty Two Week Low Change Percent 0.32843563
Fifty Two Week Range 11.57 - 19.39
Financial Currency USD
First Trade Date Milliseconds 1,180,013,400,000
Float Shares 24,375,250
Forward Eps 1.6
Forward P E 9.60625
Free Cashflow 234,373,504
Full Exchange Name NasdaqGS
Full Time Employees 84
Fullday Change -0.04
Fullday Change Percent -0.259571
Fullday Price 15.37
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.12392
Gross Profits 85,646,000
Has Pre Post Market Data 1
Held Percent Insiders 0.24865
Held Percent Institutions 0.52042
Implied Shares Outstanding 33,166,448
Industry Insurance - Reinsurance
Industry Disp Insurance - Reinsurance
Industry Key insurance-reinsurance
Is Earnings Date Estimate 0
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 509,768,288
Market State CLOSED
Max Age 86,400
Message Board Id finmb_31160334
Most Recent Quarter 1,782,777,600
Net Income To Common 51,030,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 502,676,697
Open 15.41
Operating Cashflow 200,056,992
Operating Margins -0.20784001
Overall Risk 4
Payout Ratio 0.0
Peg Ratio 1.68
Phone 345 943 4573
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 15.37
Post Market Time 1,787,947,804
Previous Close 15.41
Price Hint 2
Price To Book 0.6985411
Price To Sales Trailing12 Months 0.7375899
Profit Margins 0.07384
Quick Ratio 0.082
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.04
Regular Market Change Percent -0.259571
Regular Market Day High 15.46
Regular Market Day Low 15.32
Regular Market Day Range 15.32 - 15.46
Regular Market Open 15.41
Regular Market Previous Close 15.41
Regular Market Price 15.37
Regular Market Time 1,787,947,201
Regular Market Volume 146,788
Return On Assets 0.01779
Return On Equity 0.074990004
Revenue Growth -0.103
Revenue Per Share 20.619
Sand P52 Week Change 0.20204377
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 0.0185
Shares Short 602,513
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 697,724
Short Name Greenlight Reinsurance, Ltd.
Short Percent Of Float 0.024300002
Short Ratio 4.01
Source Interval 15
Symbol GLRE
Total Cash 76,322,000
Total Cash Per Share 2.338
Total Debt 11,550,000
Total Revenue 691,126,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.48
Trailing P E 10.385135
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.57565
Two Hundred Day Average Change -0.20565033
Two Hundred Day Average Change Percent -0.013203322
Type Disp Equity
Volume 146,788
Website https://greenlightre.com
Zip KY1-1205