Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.
Greenlight Capital Re Trading Up 0.4 %
NASDAQ GLRE opened at $13.62 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.02 and a quick ratio of 3.02. The stock has a market capitalization of $474.38 million, a P/E ratio of 5.40 and a beta of 0.89. The firm’s 50-day moving average is $14.31 and its two-hundred day moving average is $13.82. Greenlight Capital Re has a 12 month low of $11.08 and a 12 month high of $15.82.
Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.65 by $0.36. Greenlight Capital Re had a net margin of 12.38% and a return on equity of 13.95%. The firm had revenue of $188.01 million for the quarter. During the same quarter in the prior year, the company posted $0.39 earnings per share.
Hedge Funds Weigh In On Greenlight Capital Re
About Greenlight Capital Re
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.
Featured Articles
- Five stocks we like better than Greenlight Capital Re
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- Financial Services Stocks Investing
- 3 Buy-and-Hold Stocks for Long-Term Growth
- What is Insider Trading? What You Can Learn from Insider Trading
- Despite Short-Term Risks Freeport McMoran Worth a Look
Receive News & Ratings for Greenlight Capital Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenlight Capital Re and related companies with MarketBeat.com's FREE daily email newsletter.