Greenlight Capital Re Ltd
Greenlight Capital Re Ltd (GLRE) is listed on NASDAQ and classified in Insurance - Reinsurance, part of the Financial Services sector. It is headquartered in Grand Cayman, Cayman Islands and has 84 employees. The company is worth $483.74M and trades at 10.0x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $729.78M in fiscal 2025, up 4.8% from the year before. Net income was $74.83M. The share price is 23.6% below its 52-week high of $19.39. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $6.1M. In that quarter, 1 of them opened or added to the position. Over the last 30 days, company insiders sold $226.25K of its stock on the open market and bought none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +119.2% over 5Y.
today you would have $1,994.62▲ +99.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $14.58 | $14.00 | $11.42 | $8.15 | $7.84 | $7.31 | $10.11 | $8.62 | $20.10 | $22.80 | $18.71 | $32.65 | $33.71 | $23.08 | $23.67 | $26.81 | $23.59 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 11.3 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| HBCPHome Bancorp Inc | $61.42 | 10.6x | 1.1x | 2.04% | 10.15% | $483.42M |
| OPFIOppFi Inc. | $5.65 | 2.6x | 1.2x | 0.00% | 58.24% | $481.43M |
| KRSPRice Acquisition Corp 3 | $10.46 | — | — | 0.00% | — | $481.19M |
| FMAOFarmers & Merchants Bancorp Inc | $35.32 |
| 11.3x |
| 6.7x |
| 11.3x |
| 4.6x |
| 11.2x |
| 15.4x |
| 66.5x |
| — |
| — |
| — |
| 19.0x |
| — |
| 11.3x |
| 5.6x |
| 59.2x |
| 131.5x |
| 11.0x |
| 4.1x |
| P/S | 1.5x | 0.7x | 0.7x | 0.6x | — | 0.5x | 0.5x | 0.7x | 1.7x | 1.2x | 1.4x | 5.6x | 2.6x | 1.7x | 1.6x | 1.8x | 2.6x | 2.1x |
| P/B | 0.9x | 0.7x | 0.8x | 0.7x | — | 0.6x | 0.6x | 0.8x | 0.6x | 0.9x | 1.0x | 0.8x | 1.1x | 1.2x | 1.0x | 0.9x | 1.3x | 1.2x |
| EPS | $2.17 | $1.24 | $2.50 | $0.73 | $0.51 | $0.11 | -$0.11 | -$9.74 | -$1.21 | $1.20 | -$8.90 | $2.89 | $6.01 | $0.39 | $0.18 | $2.44 | $5.71 |
| Profit margin | 4.81% | 10.25% | 6.15% | 13.02% | 4.81% | 2.99% | 0.80% | -0.74% | -191.26% | -6.96% | 7.63% | -265.28% | 22.84% | 29.53% | 2.68% | 1.68% | 23.20% | 50.00% |
| ROE | 5.04% | 10.57% | 6.73% | 14.57% | 5.04% | 3.70% | 0.83% | -0.84% | -73.27% | -5.41% | 5.13% | -39.55% | 9.41% | 21.46% | 1.78% | 0.84% | 11.42% | 28.73% |
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 1 families.
Room for errors in the reported numbers.
+68.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.2x |
| 1.2x |
| 2.72% |
| 10.88% |
| $486.47M |
| PDLBPonce Financial Group, Inc. | $20.13 | 14.3x | 1.4x | 0.00% | 6.24% | $486.9M |
| XRPNEvernorth Holdings Inc. | $15.45 | 140.5x | — | 0.00% | — | $488.07M |