What is DOWLING & PARTN’s Forecast for GLRE FY2026 Earnings?

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) – Investment analysts at DOWLING & PARTN cut their FY2026 EPS estimates for Greenlight Capital Re in a report issued on Friday, August 14th. DOWLING & PARTN analyst A. Mottolese now anticipates that the financial services provider will earn $1.25 per share for the year, down from their previous estimate of $1.80. The consensus estimate for Greenlight Capital Re’s current full-year earnings is $1.80 per share.

A number of other research firms have also recently commented on GLRE. Weiss Ratings cut shares of Greenlight Capital Re from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Zacks Research upgraded shares of Greenlight Capital Re to a “hold” rating in a research report on Wednesday, May 27th. Finally, Wall Street Zen downgraded shares of Greenlight Capital Re from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Greenlight Capital Re Trading Up 1.3%

Shares of GLRE opened at $15.60 on Wednesday. The firm’s 50 day simple moving average is $16.31 and its 200 day simple moving average is $16.27. The company has a market capitalization of $509.18 million, a P/E ratio of 10.61 and a beta of 0.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.43 and a quick ratio of 2.43. Greenlight Capital Re has a 1-year low of $11.56 and a 1-year high of $19.39.

Greenlight Capital Re (NASDAQ:GLRE) last posted its earnings results on Tuesday, August 4th. The financial services provider reported ($0.89) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.54). Greenlight Capital Re had a return on equity of 7.28% and a net margin of 7.47%.The business had revenue of $137.46 million for the quarter, compared to analysts’ expectations of $165.31 million.

Institutional Investors Weigh In On Greenlight Capital Re

A number of hedge funds have recently made changes to their positions in GLRE. Private Management Group Inc. grew its holdings in shares of Greenlight Capital Re by 25.6% during the 4th quarter. Private Management Group Inc. now owns 1,502,235 shares of the financial services provider’s stock valued at $21,903,000 after purchasing an additional 306,468 shares during the last quarter. Vanguard Group Inc. lifted its stake in Greenlight Capital Re by 3.5% in the third quarter. Vanguard Group Inc. now owns 1,469,818 shares of the financial services provider’s stock worth $18,667,000 after purchasing an additional 49,929 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Greenlight Capital Re by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 663,297 shares of the financial services provider’s stock valued at $9,532,000 after buying an additional 2,180 shares during the period. Wells Fargo & Company MN boosted its position in Greenlight Capital Re by 4.1% during the fourth quarter. Wells Fargo & Company MN now owns 340,375 shares of the financial services provider’s stock valued at $4,963,000 after buying an additional 13,430 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Greenlight Capital Re by 73.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 229,630 shares of the financial services provider’s stock valued at $3,348,000 after buying an additional 96,983 shares during the period. 41.52% of the stock is currently owned by institutional investors.

Insider Transactions at Greenlight Capital Re

In other Greenlight Capital Re news, Director Ian Isaacs sold 9,230 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $16.33, for a total value of $150,725.90. Following the completion of the sale, the director owned 60,191 shares of the company’s stock, valued at $982,919.03. This represents a 13.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Patrick O’brien sold 3,026 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $16.36, for a total transaction of $49,505.36. Following the transaction, the chief operating officer owned 208,633 shares in the company, valued at $3,413,235.88. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 34,719 shares of company stock valued at $573,162. 24.67% of the stock is currently owned by corporate insiders.

Greenlight Capital Re Company Profile

Greenlight Capital Re Ltd. (NASDAQ: GLRE) is a Bermuda?incorporated reinsurer externally managed by Greenlight Capital Re Services Ltd., a subsidiary of Greenlight Capital, Inc Since its formation in 2016 and subsequent initial public offering in 2017, the company has focused on providing customized reinsurance solutions to insurers worldwide. Greenlight Capital Re operates as an independent, publicly traded entity, leveraging the investment expertise and underwriting rigor that underpin its parent’s investment platform.

The company’s core business activities encompass both treaty and facultative reinsurance across a broad spectrum of property and casualty lines.