Greenlight Capital Re, Ltd.

Greenlight Capital Re, Ltd.

GLRE
Greenlight Capital Re, Ltd.US flagNASDAQ
15.76
USD
+0.06
- -
522.70MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20.75
12.88
3.36
15.79
17.45
6.78
13.62
13.24
16.55
14.14
18.56
19.07
20.18
19.19
Basic EPS, GAAP
6.13
2.94
-8.9
1.2
-1.21
-9.74
-0.11
0.11
0.51
0.75
2.55
1.26
2.21
1.52
Free Cash Flow per Basic Share
-2.54
-3.59
-1.57
-0.96
2.55
-1.65
0.05
-2.52
-1.63
-0.94
0.22
3.28
6.21
5.97
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
28.39
31.17
22.29
23.4
22.25
13.12
12.9
13.47
14.05
14.45
16.87
18.26
20.89
21.22
Tangible Book Value per Share
28.39
31.17
22.29
23.4
22.25
13.12
12.9
13.47
14.05
14.45
16.87
18.26
20.89
21.22
Basic Weighted Avg Shares
37
37
37
37
37
36
36
36
34
34
34
34
34
34
Sales/Revenue/Turnover
764
480
123
588
646
244
491
479
570
478
632
648
683
643
Operating Margin (%)
30.49
23.48
-271.18
8.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
3
2
2
- -
- -
- -
- -
- -
- -
Net Income, GAAP
226
110
-326
45
-45
-350
-4
4
18
25
87
43
75
51
Effective Tax Rate (%)
0.23
- -
- -
1.08
- -
- -
- -
9.88
17.57
- -
0.12
1.72
4.44
4
Profit Margin (%)
29.53
22.84
-265.28
7.63
-6.96
-143.55
-0.81
0.81
3.08
5.31
13.73
6.61
10.95
7.94
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
91
94
96
98
81
73
61
- -
- -
Total Equity
1,086
1,194
849
892
851
479
477
465
476
503
596
636
708
698
Return on Invested Capital (%)
23.88
- -
- -
5.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
22.49
- -
- -
4.95
- -
- -
- -
1.68
5.7
- -
15.14
7.59
11.27
7.44
Return on Common Equity (%)
24.1
9.89
-32.8
5.28
-5.27
-53.5
-0.84
0.82
3.74
5.18
15.8
6.95
11.14
7.5

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
9
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
33
Market Capitalization
494
582
532

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
112
75
76
Accounts Receivable, Net
746
759
736
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
96
109
98
ST Debt
5
5
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.16%
8.92%
11.34%
Free Cash Flow
-509.79%
253.67%
88.52%
Net Income, GAAP
73.45%
133.11%
74.78%
Sales/Revenue/Turnover
46.78%
8.63%
5.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
168
171
168
136
648
2025
180
178
160
163
683
2026
154
165
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
0.23
1.03
-0.81
1.26
2025
0.87
0.01
-0.13
1.47
2.21
2026
1.06
-0.89
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Greg Richardson
Full Time Employees
84
Sector
Financial Services
Industry
Insurance - Reinsurance
Address
65 Market Street Grand Cayman GT Cayman Islands KY1-1205
IPO Date
May 24, 2007
Business
Greenlight Capital Re, Ltd. operates globally as a specialty property and casualty reinsurance provider through its various subsidiaries. The company specializes in underwriting a broad array of reinsurance products across multiple lines. Its property reinsurance offerings include coverage for automobile liability, personal lines, and commercial risks. On the casualty side, it provides solutions for general liability, motor liability, professional liability, umbrella, multiline casualty, and worker's compensation. Additionally, Greenlight Re underwrites specialty products such as accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, energy, aviation, crop, cyber, political, and terrorism risks. The company's revenue model is based on generating premiums from assumed reinsurance business and income from its investment portfolio. Greenlight Re distinguishes itself through a non-traditional investment approach, managed by David Einhorn's DME Advisors, which aims for higher long-term returns compared to competitors with more conventional investment strategies. Its target market primarily includes property and casualty insurers globally, which seek to transfer and manage their risks. The company distributes its products primarily through reinsurance brokers, while also focusing on direct placements with strategic partners in its Innovations segment. Recent strategic developments include significant investments in innovation-related operations, exemplified by the 2022 launch of Greenlight Re Innovations Syndicate 3456 at Lloyd's, which supports technology-driven insurance partners (insurtechs). In late 2023, the company incorporated Viridis Re as a segregated portfolio company in the Cayman Islands to offer cost-effective insurance and reinsurance solutions to insurtechs and managing general agents. Greenlight Capital Re was established in 2004 and maintains its corporate headquarters in Grand Cayman, the Cayman Islands. The company recently received an upgrade in its Financial Strength Rating to A (Excellent) from A- (Excellent) by AM Best in November 2025, reflecting improved operating performance and stabilized investment results.

Company News

APIChatGPT
  • Greenlight Capital Re, Ltd. (GLRE) Q2 2026 Earnings Call Transcript

  • Greenlight Capital Re Q2 Earnings Call Highlights

  • Dimensional Fund Advisors LP Trims Stock Position in Greenlight Capital Re, Ltd. $GLRE

  • Greenlight Re Announces Financial Results for Second Quarter and Six Months Ended June 30, 2026

  • Greenlight Innovation Syndicate 3456 Progresses to Full Lloyd's Syndicate

  • Greenlight Capital Re, Ltd. Schedules Second Quarter 2026 Financial Results and Conference Call

  • Greenlight Capital Re, Ltd. (GLRE) Q1 2026 Earnings Call Transcript

  • Greenlight Re Announces Financial Results for First Quarter March 31, 2026

  • Greenlight Capital Re, Ltd. Schedules First Quarter 2026 Financial Results and Conference Call

  • Greenlight Capital Re (NASDAQ:GLRE) Sets New 12-Month High – Time to Buy?

  • Greenlight Capital Re, Ltd. (GLRE) Q4 2025 Earnings Call Transcript

  • Catawba River Capital Acquires Shares of 200,166 Greenlight Capital Re, Ltd. $GLRE

  • CWA Asset Management Group LLC Acquires 48,601 Shares of Greenlight Capital Re, Ltd. $GLRE

  • Greenlight Capital Re (NASDAQ:GLRE) Shares Cross Above 200-Day Moving Average – Time to Sell?

  • AM Best Upgrades Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries

  • AM Best Upgrades Financial Strength Rating of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, DAC to “A” (Excellent)

  • Greenlight Capital Re, Ltd. (GLRE) Q3 2025 Earnings Call Transcript

  • Greenlight Re Announces Financial Results for Third Quarter and Nine Months Ended September 30, 2025

  • Greenlight Capital Re, Ltd. Schedules Third Quarter 2025 Financial Results and Conference Call

  • Greenlight Capital Re: Transparency Improves, But Execution Still Matters