Greenlight Capital Re (GLRE) to Release Quarterly Earnings on Monday

Greenlight Capital Re (NASDAQ:GLRE) is set to issue its quarterly earnings data after the market closes on Monday, November 4th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Greenlight Capital Re (NASDAQ:GLRE) last posted its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $174.86 million for the quarter. Greenlight Capital Re had a net margin of 9.60% and a return on equity of 10.88%.

Greenlight Capital Re Price Performance

Shares of NASDAQ GLRE opened at $13.50 on Friday. The stock’s 50-day simple moving average is $13.72 and its two-hundred day simple moving average is $13.19. Greenlight Capital Re has a twelve month low of $10.49 and a twelve month high of $14.31. The firm has a market capitalization of $476.82 million, a P/E ratio of 7.11 and a beta of 0.85. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 0.10.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Greenlight Capital Re from a “buy” rating to a “hold” rating in a research note on Thursday.

Insider Activity

In other Greenlight Capital Re news, Director Ian Isaacs sold 7,159 shares of Greenlight Capital Re stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $13.81, for a total transaction of $98,865.79. Following the completion of the sale, the director now owns 86,984 shares of the company’s stock, valued at $1,201,249.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 22.79% of the company’s stock.

Greenlight Capital Re Company Profile

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.