GLRE - Greenlight Capital Re, Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
10.48
-0.21 (-1.96%)
As of 1:09PM EDT. Market open.
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Previous Close10.69
Open10.68
Bid10.48 x 800
Ask10.52 x 1100
Day's Range10.42 - 10.75
52 Week Range8.03 - 13.23
Volume36,209
Avg. Volume248,634
Market Cap385.328M
Beta (3Y Monthly)1.21
PE Ratio (TTM)N/A
EPS (TTM)-4.20
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.00
Trade prices are not sourced from all markets
  • What’s the Next Big Move for David Einhorn?
    Market Realist

    What’s the Next Big Move for David Einhorn?

    Billionaire David Einhorn is prominent in the hedge fund industry for his bold investment strategies.

  • Reuters

    Hedge fund-backed reinsurance duo poised for performance uptick - Barron's

    Two reinsurance firms backed by prominent hedge funds are considered good investments as their share price performance has yet to benefit from the sector's improved pricing outlook, according to Barron's. Both Greenlight Capital Re and Third Point Reinsurance, linked to David Einhorn's Greenlight Capital and Dan Loeb's Third Point respectively, "trade well below book value and look appealing", the U.S. financial newspaper said. Supporting its view for Greenlight Capital Re was a possible sale of the company which could come out of an ongoing strategic review of the business, while Third Point Re "may be poised for a comeback," it said.

  • Barrons.com

    Hedge Fund Titans’ Struggles in Insurance Offer a Value Play

    David Einhorn’s publicly traded reinsurer might be sold, while Daniel Loeb’s is poised for a turnaround

  • Einhorn's Greenlight Fund Pares Gains With 4.9% August Decline
    Bloomberg

    Einhorn's Greenlight Fund Pares Gains With 4.9% August Decline

    (Bloomberg) -- David Einhorn’s 2019 comeback lost steam in August. The main hedge fund at Greenlight Capital declined 4.9% in the month, bringing returns for the year to 15.2%.Greenlight, which focuses on value investing, is in the midst of a resurgence following a lackluster 2017 and its worst year ever in 2018, when it plunged 34%. Client redemptions left the New York-based firm, which oversaw $12 billion at its peak, with $2.5 billion at the start of this year. Einhorn has since vowed to rework his portfolio by making fewer, more-concentrated investments.The fund has gotten a lift as the U.S. stock market continued its rally, with the S&P 500 Index gaining 17% this year through Friday. General Motors Co., Greenlight’s largest U.S equity holding as of June 30, rose 11%. Green Brick Partners Inc., AerCap Holdings NV and Brighthouse Financial Inc., the firm’s next three biggest stock holdings at midyear, had gains of as much as 35%.Einhorn also has been vocal about shorting Tesla Inc., and that bet has been working too. The stock is down 32% in 2019.Not everything has gone Einhorn’s way. In a July 25 letter, Greenlight told investors that it started a “medium-sized position” in chemical maker Chemours Co. during the second quarter. The stock has fallen 41% since the end of June. The firm also disclosed small positions in Dillard’s Inc. and Scientific Games Corp, which are down 6% and 7%, respectively, in the same span.A spokesman for Greenlight didn’t immediately respond to a request for comment late Friday.\--With assistance from Simone Foxman.To contact the reporter on this story: Hema Parmar in New York at hparmar6@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Josh Friedman, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • David Einhorn: Elon Musk Should Resign over Solar Fires
    Market Realist

    David Einhorn: Elon Musk Should Resign over Solar Fires

    Greenlight Capital’s (GLRE) David Einhorn has called for Elon Musk to resign from Tesla (TSLA) in the wake of Walmart's solar panel fire lawsuit.

  • Thomson Reuters StreetEvents

    Edited Transcript of GLRE earnings conference call or presentation 6-Aug-19 1:00pm GMT

    Q2 2019 Greenlight Capital Re Ltd Earnings Call

  • Greenlight Capital (GLRE) Q2 2019 Earnings Call Transcript
    Motley Fool

    Greenlight Capital (GLRE) Q2 2019 Earnings Call Transcript

    GLRE earnings call for the period ending June 30, 2019.

  • Barrons.com

    David Einhorn’s Greenlight Capital Re Rallies as Investors Smell a Bargain

    Chairman David Einhorn said a large capital raise or liquidation are unlikely options for the struggling reinsurer as it conducts a strategic review ahead of a potential downgrade by A.M. Best.

  • GlobeNewswire

    Greenlight Re Announces Second Quarter 2019 Financial Results

    Increase in fully diluted book value per share of 3.2% and fully diluted net income per share of $0.42 for second quarter of 2019 Company to Hold Conference Call at 9:00 a.m..

  • Chipotle’s Impressive Reversal Gives Ackman Record Gains
    Market Realist

    Chipotle’s Impressive Reversal Gives Ackman Record Gains

    Chipotle's impressive second-quarter results propelled its stock to an all-time high. The stock was up 84.2% year-to-date as of July 31.

  • What Drove Einhorn’s Greenlight Capital’s Gains in Q2?
    Market Realist

    What Drove Einhorn’s Greenlight Capital’s Gains in Q2?

    In contrast to last year, Greenlight Capital’s performance this year has been improving. In 2018, GLRE fell 34%, vastly underperforming the markets.

  • David Einhorn's Greenlight Adds 3 Holdings in 2nd Quarter
    GuruFocus.com

    David Einhorn's Greenlight Adds 3 Holdings in 2nd Quarter

    Fund continues strong first-half of 2019, up 17.4% year to date Continue reading...

  • Benzinga

    David Einhorn's Q2 Letter To Greenlight Investors Shows New Stakes In Dillards, Chemours, Scientific Games

    Hedge fund Greenlight Capital has added new positions in Dillard's, Inc.  (NYSE: DDS ), Chemours Co (NYSE: CC ) and Scientific Games Corp (NASDAQ: SGMS ), president David Einhorn said in his second-quarter ...

  • Reuters

    UPDATE 1-Greenlight Capital says betting against U.S. corporate debt as growth slows

    David Einhorn's hedge fund Greenlight Capital said on Thursday that it is betting that U.S. corporate debt, both investment grade and high yield, will fall as the country's economic recovery slows. Einhorn took the bet as analysts project corporate earnings will soften into the second half of the year. Einhorn's fund has rebounded in 2019 with a gain of 17.4% in the first half, after sinking 34% in 2018.

  • Greenlight Capital Re, Ltd. (NASDAQ:GLRE): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    Greenlight Capital Re, Ltd. (NASDAQ:GLRE): What Does Its Beta Value Mean For Your Portfolio?

    If you own shares in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) then it's worth thinking about how it contributes to...

  • GlobeNewswire

    Greenlight Capital Re Schedules Second Quarter 2019 Financial Results and Conference Call

    GRAND CAYMAN, Cayman Islands, July 24, 2019 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland,.

  • Why Ray Dalio’s Bridgewater Is Underperforming in 2019
    Market Realist

    Why Ray Dalio’s Bridgewater Is Underperforming in 2019

    Pure Alpha, the flagship fund of Ray Dalio’s Bridgewater Associates, fell 4.9% in the first half, the Financial Times reported.

  • Einhorn’s Greenlight Capital Had Impressive Gains in H1
    Market Realist

    Einhorn’s Greenlight Capital Had Impressive Gains in H1

    After having the worst year in 2018, David Einhorn’s Greenlight Capital (GLRE) had a promising performance in the first half of 2019.

  • GuruFocus.com

    David Einhorn Gets His Mojo Back

    It is no secret that David Einhorn (Trades, Portfolio)'s hedge fund Greenlight Capital has struggled in recent years. 2018 saw Greenlight post its worst performance in its 22-year history with a staggering 34% loss. Warning! GuruFocus has detected 7 Warning Signs with AMT.

  • Einhorn’s Tesla Short Is Working in His Favor
    Market Realist

    Einhorn’s Tesla Short Is Working in His Favor

    Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Short positionsIn its Q1 investor letter, Greenlight Capital (GLRE) stated that partnerships had an average exposure of 112% long and 70% short. Its major