|Bid||8.50 x 2200|
|Ask||10.43 x 800|
|Day's Range||10.01 - 10.25|
|52 Week Range||8.36 - 21.45|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2019 - Feb 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
Hedge fund performance figures for 2018 have already started to trickle out, and it looks as if the industry suffered significantly last year. Some figures suggest that the hedge fund industry experienced its worst performance in 2018 for 10 years, the financial crisis is the only period in recent history where funds have suffered more. Here is a look at some of the worst performers last year, why they underperformed the market so significantly and what the future holds for these former illustrious hedge funds.
Greenlight Capital's main fund lost 9 percent in December, bringing its decline for 2018 to 34 percent. Greenlight's largest holdings include General Motors, insurer Brighthouse Financial and homebuilder Green Brick Partners, which all struggled in 2018, bleeding as much as 47 percent. Billionaire hedge fund manager David Einhorn just ended his worst year ever.
Whatever BlackRock does will make waves for everyone else in the business. As 2019 gets going, here are the money managers and executives to watch. Coming off six straight years in which his Greenlight Capital Inc. lagged behind the total-return of the S&P 500, Mr. Einhorn needed a win last year. brendan mcdermid/Reuters Assets under management by Greenlight Capital, headed by Mr. Einhorn, have fallen beneath $5.5 billion from $12 billion in 2014.
The firm’s main hedge fund fell 9 percent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg. Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 percent in 2015. Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight Capital (GLRE) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year. The decline puts Einhorn, whose stock picks are closely watched on Wall Street, among the industry's biggest losers for the year. Some of Einhorn's biggest holdings, including Brighthouse Financial Inc. and GM, lost ground during the month but regained their footing to end the month only a little lower.
Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year. The firm sent an investor update after the close of business on Friday informing clients the fund lost 3.6 percent net of fees in November, bringing the loss for the first 11 months of the year to 27.7 percent, according to a copy of the update seen by Reuters.
On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had a loss of $2.48. The property and casualty reinsurance service provider posted revenue of $32.5 million in the period. Its ...
Company to Hold Conference Call at 9:00 a.m. ET on Tuesday, November 6, 2018 GRAND CAYMAN, Cayman Islands, Nov. 05, 2018 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE).
Billionaire investor David Einhorn's hedge fund Greenlight Capital posted a small gain in October, when stocks tumbled, but is still nursing some of the industry's biggest losses for the year, an investor said on Wednesday. Greenlight Capital told investors late on Wednesday that its fund gained 1 percent in October and is down 25 percent for the first 10 months of 2018. Einhorn did not detail what made or lost money in the portfolio.
GRAND CAYMAN, Cayman Islands, Oct. 23, 2018 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland,.
If you own shares in Greenlight Capital Re Ltd (NASDAQ:GLRE) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a Read More...
A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Greenlight Reinsurance, Ltd. (Greenlight Re) (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company (Ireland). A.M. Best also has affirmed the Long-Term ICR of “bbb-” of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE], the ultimate holding company. The outlook of these Credit Ratings (ratings) is stable.
shares look set to rebound from a six-month low Tuesday after the investment bank Macquarie initiated coverage on the clean energy carmaker with a price target that is north of Elon Musk's now-infamous 'take private' Tweet from early August. Macquarie pegged its target price on the Palo Alto, Calif.-based group at $430 per share, around $10 higher than Musk's $420 take-private estimate, a figure for which he said he had "funding secured" but the Securities and Exchange Commission said was created as an indirect reference to marijuana in order to impress his girlfriend. The Tweet could ultimately cost Musk $20 million in fines, assuming the September 29 SEC settlement is approved by District Court Judge Alison Nathan, although Tesla has already given away around $10 billion in market value as a result of the controversy.
extended declines Monday, taking shares to a six-month low, as investors continue to question the near-term fate of the clean-energy carmaker amid a series of headline risks linked to its billionaire founder and CEO, Elon Musk, and the group's ability to maintain production and delivery targets while it attempts to slow the rate at which it's burning cash in order to achieve them. The stock was further pressured by comment from a key short-seller, the Greenlight Capital hedge fund, which compared Tesla's woes to the final days of Lehman Brothers. The stinging criticism followed shortly on the heels of yet another questionable decision from Musk, who appeared to mock the Securities and Exchange Commission on Twitter just hours after U.S. District Judge Alison Nathan asked both Musk and the SEC to justify their $40 million weekend settlement over Musk's infamous 'take private' Tweet from August 7.