Greenlight Stock Today

GLRE
 Stock
  

USD 7.57  0.14  1.88%   

Market Performance
0 of 100
Odds Of Distress
Less than 41
Greenlight Cap is trading at 7.57 as of the 9th of August 2022, a 1.88% increase since the beginning of the trading day. The stock's lowest day price was 7.38. Greenlight Cap has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Greenlight Cap Re are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of July 2022 and ending today, the 9th of August 2022. Click here to learn more.
CUSIP
G4095J109
Fiscal Year End
December
Business Domain
Insurance
IPO Date
24th of May 2007
Category
Financial Services
Classification
Financials
ISIN
KYG4095J1094
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands. Greenlight Cap operates under InsuranceReinsurance classification in the United States and is traded on NASDAQ Exchange. The company has 27.59 M outstanding shares of which 1.67 M shares are currently shorted by private and institutional investors with about 11.71 trading days to cover. More on Greenlight Cap Re
Follow Valuation Options Odds of Bankruptcy
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Greenlight Cap Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Greenlight Cap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greenlight Cap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Greenlight Cap Re currently holds about 31.33 M in cash with (49.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Greenlight Cap Re has a poor financial position based on the latest SEC disclosures
Roughly 62.0% of the company shares are owned by institutional investors
Latest headline from investingnews.com: NIH, GreenLight Biosciences to collaborate on COVID-19 vaccine development for new variants - Investing News Network
CEOBarton Hedges
Thematic IdeaInsurance (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Greenlight Cap report their recommendations after researching Greenlight Cap's financial statements, talking to executives and customers, or listening in on Greenlight Cap's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Greenlight Cap Re. The Greenlight consensus assessment is calculated by taking the average forecast from all of the analysts covering Greenlight Cap.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Greenlight Cap Re based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Greenlight Cap Re financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares33.3 M34.2 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted33.5 M34.4 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations(60.7 M)(56.3 M)
Significantly Down
Increasing
Very volatile
Total Assets1.7 B1.4 B
Fairly Up
Decreasing
Slightly volatile
Total Liabilities1.2 B951.8 M
Fairly Up
Decreasing
Slightly volatile
Total Debt100.6 M98.1 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets0.01290.012
Notably Up
Decreasing
Stable
Gross Margin0.390.363
Notably Up
Decreasing
Very volatile
Asset Turnover0.350.414
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Greenlight Cap's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Greenlight Cap Re (GLRE) is traded on NASDAQ Exchange in USA. It is located in 65 Market Street and employs 44 people. Greenlight Cap is listed under Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 252.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greenlight Cap's market, we take the total number of its shares issued and multiply it by Greenlight Cap's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Greenlight Cap Re conducts business under Financial Services sector and is part of Insurance—Reinsurance industry. The entity has 27.59 M outstanding shares of which 1.67 M shares are currently shorted by private and institutional investors with about 11.71 trading days to cover. Greenlight Cap Re currently holds about 31.33 M in cash with (49.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check Greenlight Cap Probability Of Bankruptcy
Ownership
Greenlight Cap Re has a total of twenty-seven million five hundred ninety thousand outstanding shares. Over half of Greenlight Cap Re outstanding shares are owned by outside corporations. These outside corporations are typically referred to corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Greenlight Cap Re. Please watch out for any change in the institutional holdings of Greenlight Cap as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Greenlight Ownership Details

Greenlight Stock Price Odds Analysis

What are Greenlight Cap's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Greenlight Cap jumping above the current price in 90 days from now is about 58.9%. The Greenlight Cap Re probability density function shows the probability of Greenlight Cap stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Greenlight Cap has a beta of 0.9324. This usually indicates Greenlight Cap Re market returns are highly-sensitive to returns on the market. As the market goes up or down, Greenlight Cap is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Greenlight Cap Re is significantly underperforming DOW.
  Odds Below 7.57HorizonTargetOdds Above 7.57
40.96%90 days
 7.57 
58.90%
Based on a normal probability distribution, the odds of Greenlight Cap to move above the current price in 90 days from now is about 58.9 (This Greenlight Cap Re probability density function shows the probability of Greenlight Stock to fall within a particular range of prices over 90 days) .

Greenlight Cap Historical Income Statement

Greenlight Cap Re Income Statement is one of the three primary financial statements used for reporting Greenlight's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Greenlight Cap Re revenue and expense. Greenlight Cap Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Greenlight Cap Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 374.98 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 29.8 M, whereas Net Income to Non Controlling Interests is forecasted to decline to (3.9 M). View More Fundamentals

Greenlight Stock Against Markets

Picking the right benchmark for Greenlight Cap stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greenlight Cap stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greenlight Cap is critical whether you are bullish or bearish towards Greenlight Cap Re at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Greenlight Cap without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Greenlight Cap Corporate Directors

Greenlight Cap corporate directors refer to members of a Greenlight Cap board of directors. The board of directors generally takes responsibility for the Greenlight Cap's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Greenlight Cap's board members must vote for the resolution. The Greenlight Cap board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Leonard Goldberg - Non - Independent DirectorProfile
Hope Taitz - Independent DirectorProfile
Joseph Platt - Independent Lead DirectorProfile
Frank Lackner - Independent DirectorProfile

Invested in Greenlight Cap Re?

You need to understand the risk of investing before taking a position in Greenlight Cap. The danger of trading Greenlight Cap Re is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greenlight Cap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greenlight Cap. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greenlight Cap Re is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Greenlight Cap Re information on this page should be used as a complementary analysis to other Greenlight Cap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Greenlight Cap Re price analysis, check to measure Greenlight Cap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greenlight Cap is operating at the current time. Most of Greenlight Cap's value examination focuses on studying past and present price action to predict the probability of Greenlight Cap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Greenlight Cap's price. Additionally, you may evaluate how the addition of Greenlight Cap to your portfolios can decrease your overall portfolio volatility.
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Is Greenlight Cap's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlight Cap. If investors know Greenlight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlight Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
19.43
Market Capitalization
257.9 M
Quarterly Revenue Growth YOY
-0.059
Return On Assets
0.0185
Return On Equity
0.041
The market value of Greenlight Cap Re is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Cap's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Cap's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlight Cap's market value can be influenced by many factors that don't directly affect Greenlight Cap's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlight Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine Greenlight Cap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Cap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.