Greenlight Capital Re, Ltd.
General ticker "GLRE" information:
- Sector: Financials
- Industry: Insurance - Reinsurance
- Capitalization: $455.4M (TTM average)
Greenlight Capital Re, Ltd. follows the US Stock Market performance with the rate: 8.3%.
Estimated limits based on current volatility of 1.1%: low 13.29$, high 13.59$
Factors to consider:
- Total employees count: 75 (+17.2%) as of 2024
- Top business risk factors: Operational and conduct risks, Cybersecurity threats, Liquidity and credit risks, Succession planning, Market competition
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [9.80$, 14.29$]
- 2025-12-31 to 2026-12-31 estimated range: [9.67$, 14.25$]
Financial Metrics affecting the GLRE estimates:
- Positive: with PPE of 11.4 at the end of fiscal year the price was low
- Positive: -5.02 < Operating profit margin, % of 6.72
- Positive: Operating cash flow per share per price, % of 23.62 > 12.91
- Positive: Industry operating cash flow per share per price (median), % of 29.32 > 10.14
- Positive: 1.77 < Return on assets ratio (scaled to [-100,100]) of 2.08
- Positive: 2.95 < Industry operating profit margin (median), % of 4.71
- Negative: Investing cash flow per share per price, % of -20.46 <= -14.19
- Positive: Inventory ratio change, % of 0 <= 0
Short-term GLRE quotes
Long-term GLRE plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $477.63MM | $632.35MM | $647.97MM |
| Operating Expenses | $453.10MM | $545.41MM | $604.41MM |
| Operating Income | $24.53MM | $86.93MM | $43.56MM |
| Interest Expense | $10.92MM | $8.03MM | $9.18MM |
| Income(Loss) | $24.53MM | $86.93MM | $43.56MM |
| Taxes | $-0.82MM | $0.10MM | $0.75MM |
| Profit(Loss)* | $25.34MM | $86.83MM | $42.82MM |
| Stockholders Equity | $503.12MM | $596.10MM | $635.88MM |
| Assets | $1,580.38MM | $1,735.31MM | $2,016.22MM |
| Operating Cash Flow | $-31.80MM | $7.51MM | $111.50MM |
| Capital expenditure | $107.25MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $47.02MM | $-53.13MM | $-96.56MM |
| Financing Cash Flow | $-19.83MM | $-5.29MM | $-21.24MM |
| Earnings Per Share** | $0.75 | $2.55 | $1.26 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.