GREENLIGHT CAPITAL RE, LTD. · Property and casualty insurance

GLRE

Low riskNext report: In 6 days (est.)

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The short version

A profitable company with shrinking sales.

Going well

Profitable
Brings in more cash than it spends
Buying back shares: share count down 13% in 3 years

Watch out for

Sales down 14% in the latest quarter vs a year ago

Money moves

Insiders sold $226K in the last 30 days
Institutions cut 2.9% from their holdings in the quarter ending June 2026 (66 bought, 55 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$15.01-0.5% that day

Company value: $490M; Share price times all shares
Price vs profit (P/E): 10.3x; You pay about $10 for each $1 of yearly profit
Price vs sales: 0.72x; Company value is 0.72 times a year of sales
Cash vs value: 16%; Cash as a share of company value
Debt vs value: 1%; Debt as a share of company value

From GLRE's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$137.5M-14% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $683.5M, down 2.8% from the 12 months before. Over 5 years, sales grew about 8.6% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of GLRE. Starting points are the company's recent numbers.

Sales growth-3% a yearRecently: -2.8% a yearProfit margin7%Last 12 months: 7.5%P/E at the end10xToday: 10.3x. Many steady companies trade at 12x to 25xShare count change-4% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$587M

Profit in 5 years$41M

Price these guesses point to$15.44+2.8% vs $15.01 todayAbout +0.6% a year, before dividends

What today's price needs: with a 7% margin and a 10x P/E, sales could shrink about 3.5% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.1%
PassDebt under half of equityNot relying on borrowed money.0.01x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.3%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$210.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-13.2% in 3 years

Revenue: $729.8M; +4.8% vs prior year
5-year growth: +8.6%/yr; revenue, per year
Total debt: $4.7M; 0.01x equity
Free cash flow: $210.2M; 28.8% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 4

Revenue: $137.5M; -14.1% YoY
EPS: -$0.89; vs $0.01
Free cash flow: $31.4M
Share count: -3.8%; vs a year ago

Insider rating

Last 90 days

37Selling

1 insider sold $226K (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.8
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady-2.9%

Institutions cut 2.9% from their holdings. 66 bought, 55 sold.

Shares held by institutions16.7M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-2.5%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.0x · $8.8M debt

Shares outstandingLatest reported

33M

Earnings reports

Last 12

Next reportIn 6 days (est.)Estimated from the same quarter last year

Results filedAug 4
Results filedMay 5
Results filedMar 9
Results filedNov 3, 2025
Results filedAug 5, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (active)Aug 5 · View filing ↗Activist

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$226K1 insider, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Ian IsaacsDirector	Sell	15K	$14.93	$226K	38K	Sep 28Filing ↗
-28.5% of their holdings $14.90 to $14.95 across 2 trades Traded Sep 25 to Sep 28 Not a pre-planned sale Filed 1 day after