Greenlight Capital Re, Ltd. (GLRE) is a publicly traded company in the Financial Services — Insurance - Reinsurance industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.
Analysis Summary
Greenlight Capital Re, Ltd. reported revenue of $696.3M in the most recent fiscal year, growing at a 5-year CAGR of 7.8%. Net income reached $74.8M, with a 80.9% 5-year CAGR.
Balance sheet quality for GLRE: current ratio of 1.0, net cash position of $107.0M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $210.2M represents 281% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $15.12 |
| Market Cap | $501M |
| Exchange | NASDAQ |
| Country | KY |
What to look at in Insurance
Insurers earn in 2 ways: underwriting well (combined ratio) and investing the float. Buffett built Berkshire that way.
- Op Margin 5y (Combined Ratio proxy) — Combined ratio proxy when FMP does not expose it. ≥10% 5y average = underwriting discipline (CR <100%)
- Book Value / Share growth — How Buffett measures Berkshire. The real value shareholders accumulate
- Debt / Equity — Leveraged insurers fail fast under catastrophes
- P/B (Price / Book) — Insurers are valued by book multiple. Here it is crossed with ROE (quality × valuation)
- Dividend growth streak — Consecutive years raising dividend per share — solid insurers stack decades
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| GLRE | Greenlight Capital Re, Ltd. | $501M | |||
| 0KFE.L | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | $68.9B | |||
| 0QL6.L | Swiss Re AG | $20.9B | |||
| RGA | Reinsurance Group of America, Incorporated | $16.3B | 10.79 | 1.20 | |
| RZC | Reinsurance Group of America, Incorporated | $15.6B | |||
| 0U96.L | Everest Group, Ltd. | $15.3B | 8.06 | 0.99 | 12.4% |
| EG | Everest Group, Ltd. | $14.6B | 8.09 | 0.99 | 10.3% |
| RNR | RenaissanceRe Holdings Ltd. | $13.6B | 5.67 | 1.16 |
Price Performance
| 1 month | -3.08% |
| 3 months | -5.91% |
| Year-to-date | +3.70% |
| 1 year | +19.53% |
| 3 years | +35.73% |
52-Week Range
| 52-week High | $19.39 |
| 52-week Low | $11.57 |
| Avg Volume (90d) | 161K |
Related companies: CIVB · CWBC · FBIZ · FRBA · GBLI · HBCP · MCI
Explore sector: Financial Services · Insurance - Reinsurance
More sections of GLRE: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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