|Bid||9.00 x 1800|
|Ask||11.06 x 1000|
|Day's Range||9.93 - 10.24|
|52 Week Range||8.03 - 12.60|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 24, 2020 - Mar 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
In 2017 Simon Burton was appointed CEO of Greenlight Capital Re, Ltd. (NASDAQ:GLRE). This analysis aims first to...
(Bloomberg) -- David Einhorn’s Greenlight Capital fell 0.3% across its hedge funds in December, trimming returns for 2019 to 13.8%.Greenlight, which follows a value-oriented investing strategy, posted its results in a client update seen by Bloomberg. The S&P 500 Index returned 31% in 2019 with dividends reinvested.Despite the down month, Einhorn rebounded from his worst year ever in 2018, when his main fund sank 34%. Early in 2019, he vowed to rework his portfolio by making fewer, more concentrated investments.Some of New York-based Greenlight’s short wagers, including Tesla Inc. and Netflix Inc., may have dragged on returns as they rallied during the year.On the long side, Greenlight’s returns have been helped by an almost 60% gain in home builder Green Brick Partners Inc., its largest disclosed U.S. stock position as of Sept. 30.A spokesman for the firm didn’t immediately reply to a request for comment after regular business hours.To contact the reporters on this story: Katherine Burton in New York at email@example.com;Simone Foxman in Doha at firstname.lastname@example.orgTo contact the editors responsible for this story: Sam Mamudi at email@example.com, Josh Friedman, Dan ReichlFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Tesla Inc Chief Executive Officer Elon Musk and noted short-seller David Einhorn mocked each other in open letters published on Twitter on Friday, trading barbs clothed in polite language. Einhorn on Oct. 30 had told his investors at Greenlight Capital that his fund had lost money on Tesla.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Increase in fully diluted book value per share of 4.4% for the year; Fully diluted net income per share of $0.14 for the third quarter of 2019 Company to Hold Conference Call.
Tesla stock has risen 23% since the company's October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.
GRAND CAYMAN, Cayman Islands, Oct. 24, 2019 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland,.
Greenlight Capital Re, Ltd. (NASDAQ:GLRE) shareholders should be happy to see the share price up 26% in the last...
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.
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.