Greenlight Capital Re AI Stock Analysis
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Greenlight Capital Re (GLRE) AI Stock Analysis
Greenlight Capital Re
(NASDAQ:GLRE)
GLRE's strongest factor is its low-risk balance sheet, supported by positive cash flow and reasonable profitability. Attractive valuation and some short-term technical support help, but the score is restrained by declining revenue, mixed earnings-call results, weak longer-term price positioning, investment volatility, and reserve-related risks.
Greenlight Capital Re Key Performance Indicators (KPIs)
Income Before Taxes by SegmentPre-tax profit broken down by business segment shows which lines of the company drive earnings and which create losses. For GLRE, it highlights how underwriting results, fee income and investment returns each contribute to overall profitability and signals concentration risk or capital allocation strength.
Corporate results are the main source of earnings volatility—recent Q2 drag reflects investment mark-to-market swings and added reserves tied to the Middle East/Qatar events—while Open Market shows steady underwriting recovery with small pretax profits as attritional loss ratios and prior‑year development improved. Innovations is moving from sporadic losses to consistent underwriting profitability and growth, supported by Lloyd’s syndicate approval. In short, underwriting fundamentals are improving, but headline earnings will remain choppy until investment marks and conflict reserving normalize.
The FlyGreenlight Capital Re (GLRE) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $530.35M
- Dividend Yield
- ―
- Average Volume (3M)
- 120.60K
- Price to Earnings (P/E)
- 9.5
- Beta (1Y)
- 0.05
- Revenue Growth
- -0.85%
- EPS Growth
- 32.35%
- Country
- US
- Employees
- 84
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Insurance - Reinsurance
Greenlight Capital Re Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
GLRE primarily makes money through two interconnected sources: (1) reinsurance underwriting and (2) investment income/returns on its capital (“float”). 1) Reinsurance underwriting (insurance operations) - Premiums: GLRE earns reinsurance premiums fro...
Greenlight Capital Re Earnings Call Summary
The call was explicitly described as mixed. Underwriting profitability, Innovation premium growth, reserve reductions, strategic partnerships, book value growth, and share repurchases were positive, while the Solasglas investment loss, open market premium contraction, adverse reserve development, higher open market ratios, and Innovation loss-ratio deterioration were notable challenges. Overall, the positive operating developments were offset by meaningful investment and reserve-related headwinds.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For the 1/1 renewals, management said that while the market is continuing to soften, they generally believe that rates and terms remain attractive for the open market reinsurance business and expect to see profitable new opportunities through next year; Innovations’ growth continues to be strong with stable rates, and the company expects the segment’s expense ratio to decrease as it gains scale. Management also said it will continue to invest in Innovations to deliver profitable growth, with the Hippo partnership and Lloyd’s approval to transition Syndicate 3.46 thousand to a full syndicate expected to advance that objective, while $24.8 million remaining under the current Board approved repurchase plan will allow the company to continue repurchasing shares opportunistically; the agreement to repurchase 33% of the shares purchased on the open market from David will continue up to March 2027.
Greenlight Capital Re Financial Statement Overview
Summary
Strong balance sheet with no reported debt and healthy equity supports the score. Positive cash generation and solid profitability are offset by a 24.8% TTM revenue decline, softer operating margins, and historically volatile cash flow.
Income Statement
68PositiveBalance Sheet
90Very PositiveCash Flow
78Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 667.54M | 696.35M | 647.97M | 632.35M | 477.63M | 570.46M |
| Gross Profit | 331.03M | 284.76M | 43.93M | 103.46M | 18.00M | 50.52M |
| EBITDA | 61.50M | 83.10M | 52.75M | 94.96M | 35.52M | 39.26M |
| Net Income | 58.67M | 74.83M | 42.82M | 86.83M | 25.34M | 17.58M |
Balance Sheet | ||||||
| Total Assets | 2.29B | 2.17B | 2.02B | 1.74B | 1.58B | 1.43B |
| Cash, Cash Equivalents and Short-Term Investments | 582.97M | 111.76M | 64.69M | 51.08M | 38.24M | 76.31M |
| Total Debt | 4.77M | 4.72M | 60.75M | 73.28M | 80.53M | 98.06M |
| Total Liabilities | 1.60B | 1.46B | 1.38B | 1.14B | 1.08B | 951.83M |
| Stockholders Equity | 694.55M | 707.98M | 635.88M | 596.10M | 503.12M | 475.66M |
Cash Flow | ||||||
| Free Cash Flow | 173.79M | 210.21M | 111.50M | 7.51M | -139.05M | -57.53M |
| Operating Cash Flow | 173.79M | 210.21M | 111.50M | 7.51M | -31.80M | -56.30M |
| Investing Cash Flow | -184.13M | -149.17M | -96.56M | -53.13M | 47.02M | 23.09M |
| Financing Cash Flow | -59.99M | -65.14M | -21.24M | -5.29M | -19.83M | -10.00M |
Greenlight Capital Re Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLRE, the sentiment is Positive. The current price of 16.45 is above the 20-day moving average (MA) of 15.50, above the 50-day MA of 15.15, and above the 200-day MA of 15.96, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 69.06 is Neutral, neither overbought nor oversold. The STOCH value of 73.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLRE.
Greenlight Capital Re Risk Analysis
Greenlight Capital Re disclosed 2 risk factors in its most recent earnings report. Greenlight Capital Re reported the most risks in the "Legal & Regulatory" category.
Latest Risks Added
0 New RisksGreenlight Capital Re Peers Comparison
Overall Rating
HG85Outperform
SPNT80Outperform
RGA78Outperform
RNR76Outperform- GLRE71Outperform
EG65Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HG | 85Outperform | $3.81B | 7.20 | 23.92% | ― | 18.05% | 22.42% |
| SPNT | 80Outperform | $3.08B | 6.39 | 21.64% | ― | 18.14% | 163.19% |
| RGA | 78Outperform | $17.81B | 10.52 | 13.15% | 1.37% | 22.58% | 99.93% |
| RNR | 76Outperform | $14.33B | 10.06 | 13.52% | 0.46% | -21.18% | -3.27% |
| GLRE | 71Outperform | $527.45M | 9.51 | 8.26% | ― | -0.85% | 32.35% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| EG | 65Neutral | $15.64B | 9.09 | 12.52% | 1.87% | -8.72% | 250.85% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GLRE | Greenlight Capital Re | 16.45 | 3.56 | 27.62% | |
| EG | Everest Group, Ltd. | 427.19 | 114.46 | 36.60% | |
| RGA | Reinsurance Group Of America | 275.15 | 93.35 | 51.35% | |
| RNR | Renaissancere | 353.62 | 92.30 | 35.32% | |
| SPNT | Siriuspoint Ltd | 26.57 | 6.84 | 34.67% | |
| HG | Hamilton Insurance Group, Ltd. Class B | 38.40 | 14.40 | 60.01% |
Greenlight Capital Re Corporate Events
Greenlight Capital Re Reports Third-Quarter Profit Despite Lower Underwriting Income
NegativeOn October 30, 2026, Greenlight Capital Re entered an additional ordinary share repurchase agreement with the David M. Einhorn 2021-07 Family Trust to limit further increases in Chairman David Einhorn’s ownership percentage because of potential adver...
Greenlight Capital Re Adds Independent Director John Welch
PositiveOn September 1, 2026, Greenlight Capital Re appointed John Welch as an independent director to the boards of both Greenlight Capital Re, Ltd. and Greenlight Reinsurance, Ltd., with his role on the latter subject to Cayman Islands Monetary Authority a...
Greenlight Capital Re Announces New Share Buyback Agreement
NegativeGreenlight Capital Re, Ltd. is a multiline property and casualty insurance and reinsurance provider operating through regulated entities in the Cayman Islands and Ireland and a Lloyd’s platform, Greenlight Innovation Syndicate 3456. The company compl...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 04, 2026