Greenlight Capital Re (NASDAQ:GLRE) Upgraded at Wall Street Zen

Posted by Brenda Bartman on Nov 3rd, 2026

Wall Street Zen upgraded shares of Greenlight Capital Re (NASDAQ:GLRE – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings cut Greenlight Capital Re from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on GLRE

Greenlight Capital Re Price Performance

Shares of GLRE opened at $15.09 on Friday. The firm has a market cap of $492.54 million, a PE ratio of 10.27 and a beta of 0.27. The company has a current ratio of 2.43, a quick ratio of 2.43 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $15.00 and a two-hundred day simple moving average of $15.80. Greenlight Capital Re has a 1-year low of $11.56 and a 1-year high of $19.39.

Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The financial services provider reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.25) by $0.35. The firm had revenue of $148.29 million for the quarter, compared to analysts’ expectations of $167.94 million. Greenlight Capital Re had a return on equity of 7.28% and a net margin of 7.47%. On average, equities analysts anticipate that Greenlight Capital Re will post 0.50 EPS for the current year.

Insiders Place Their Bets

In other news, Director Ian Isaacs sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $14.95, for a total transaction of $149,500.00. Following the completion of the transaction, the director owned 43,142 shares in the company, valued at $644,972.90. This trade represents a 18.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Sherry Diaz sold 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $15.08, for a total value of $203,580.00. Following the transaction, the insider owned 86,879 shares of the company’s stock, valued at $1,310,135.32. This represents a 13.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 38,500 shares of company stock worth $580,305 in the last three months. 24.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On Greenlight Capital Re

Institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new position in Greenlight Capital Re in the first quarter worth about $1,343,000. Hillsdale Investment Management Inc. purchased a new stake in Greenlight Capital Re during the first quarter valued at approximately $1,117,000. Arrowstreet Capital Limited Partnership raised its position in Greenlight Capital Re by 64.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 127,798 shares of the financial services provider’s stock valued at $2,210,000 after purchasing an additional 50,099 shares during the period. Hsbc Holdings PLC purchased a new stake in Greenlight Capital Re during the first quarter valued at approximately $813,000. Finally, Inceptionr LLC bought a new stake in shares of Greenlight Capital Re in the 1st quarter valued at approximately $369,000. 41.52% of the stock is owned by hedge funds and other institutional investors.

About Greenlight Capital Re

(Get Free Report)

Greenlight Capital Re, Ltd. is a Bermuda-based specialty property and casualty reinsurance company that provides customized reinsurance solutions to insurance and reinsurance companies. Its offerings are designed to help clients manage and transfer risks across a range of property and casualty insurance lines.

The company conducts business primarily through its Bermuda operations and has served clients in international insurance markets. Greenlight Re has historically combined specialty underwriting with an investment approach associated with its Greenlight Capital affiliation, seeking to generate returns from both its insurance portfolio and investment activities.

Founded in 2004, Greenlight Re has focused on flexible, relationship-driven underwriting rather than offering standardized insurance products directly to consumers.