|Bid||13.90 x 1000|
|Ask||14.70 x 100|
|Day's Range||13.82 - 14.12|
|52 Week Range||13.55 - 23.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.00|
Greenlight Capital Re, Ltd. (GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that Michael Belfatti is stepping down as Chief Operating Officer of the Company effective as of September 1, 2018 for personal reasons.
Greenlight Capital's struggle may be a precursor to a cyclical move to value stocks over growth investments, if history is any guide.
How’s David Einhorn doing? One apparently out-of-consensus view that I have is that, while most people seem to think that the essential skill of a hedge fund manager is identifying investments that will have high returns, I think that the essential skill of a hedge fund manager is continuing to run a large hedge fund that pays you a lot of money. Obviously those skills overlap, and the most straightforward way to keep your clients is to keep making money for them.
Billionaire investor David Einhorn on Friday told clients that his Greenlight Capital hedge fund suffered fresh losses in June and has now dropped 18.3 percent this year. “We are obviously frustrated by our results,” Einhorn wrote to clients in a performance update seen by Reuters. Einhorn did not say which bets hurt the portfolio the most but many of his top holdings, including General Motors Co , fell.
David Einhorn’s main hedge fund at Greenlight Capital fell 7.7 percent in June, bringing losses for the first half of this year to almost 19 percent, according to a client update seen by Bloomberg. Hedge Fund Research Inc.’s Fundamental Value Index, which measures value strategies among equity hedge funds, gained 1.8 percent in the first five months of the year. Greenlight has posted lackluster returns in recent years as markets, especially for growth stocks, have risen while the hedge fund stuck to its value-investing strategy.
NEW YORK, June 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Southern ...
Greenlight Capital (GLRE) is one stock you should avoid as it has seen a significant price decline and is also seeing negative earnings estimate revisions.
On Monday, May 28, 2018, Sunesis Capital, a San Francisco based fund published the Report, which alleges, among other things, that Greenlight Re should be classified as a passive foreign investment company (“PFIC”), and this classification would be deemed as “lights out” for Greenlight Re. The Company believes that this allegation and assessment of the Company, its business and strategy is fundamentally flawed.
One of the most well-known hedge fund managers on Wall Street, Greenlight Capital’s David Einhorn, has hit a rough patch with his investing over the past several years. Einhorn made his reputation by correctly ...
The hedge fund reported holding 2.1 million shares of Office Depot and 212,500 shares of Abercrombie as of the end of the first quarter
Hedge-fund manager David Einhorn's Greenlight Capital added to its stake in Brighthouse Financial during the first quarter, according to a regulatory filing on Tuesday. Greenlight added 40,000 shares of the life insurance and annuities company that was spun out of MetLife last year, bringing its total stake to 11.04 million shares as of March 31, according to filing tracker Whalewisdom.com. Brighthouse was Greenlight's second-largest holding.
David Einhorn’s main hedge fund at Greenlight Capital fell 1.1 percent in April, extending its loss this year to 14.9 percent, according to a client update seen by Bloomberg. The HFRX Global Hedge Fund Index, an early indicator of industry performance, was up 0.3 percent in the month as of April 26, paring declines to for this year to 0.8 percent. The hedge fund manager, who made his fame as a short seller betting against lender Allied Capital Corp. and then Lehman Brothers Holdings Inc. before its collapse, reiterated his disappointment Tuesday morning on an conference call.
The Grand Cayman, Cayman Islands-based company said it had a loss of $3.85 per share. The property and casualty reinsurance service provider posted revenue of $141,000 in the period. Greenlight Capital ...
Hedge fund manager David Einhorn said on Monday that his Greenlight Capital was betting Assured Guaranty's stock will fall, sending shares of the bond insurer down as much as 6 percent in after-hours trading. Einhorn, who is known to move stocks by simply opening his mouth, did not disappoint at the Sohn Investment Conference with this year's presentation. New business coming into the company is not enough to offset the amortization of the portfolio, Einhorn said.
The best ideas of some press-shy hedge fund managers who spoke at the 2017 New York Sohn Investment Conference outperformed those of celebrity managers such as Greenlight Capital's David Einhorn, according to a Reuters analysis.
Zacks Industry Outlook Highlights: Greenlight Capital Re, Kingstone, National General Holdings and Kinsale Capital Group
CNBC's Leslie Picker reports on investors fleeing hedge fund manager David Einhorn's Greenlight Capital due to poor performance.
The "Squawk Box" news team discuss the front-page story from the Wall Street Journal on David Einhorn's hedge fund, Greenlight Capital.
May.17 -- Bloomberg’s Jason Kelly discusses Greenlight Capital President David Einhorn. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
Apr.04 -- Bloomberg's Peggy Collins reports on what is responsible for Greenlight Capital president David Einhorn's first quarter loss. She speaks on "Bloomberg Daybreak: Americas."