News headlines about Greenlight Capital Re (NASDAQ:GLRE) have been trending positive this week, Alpha One Sentiment reports. The research group, a unit of Accern, identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Greenlight Capital Re earned a news sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave media stories about the financial services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.
A number of analysts recently weighed in on GLRE shares. TheStreet upgraded Greenlight Capital Re from a “c-” rating to a “b-” rating in a research report on Thursday, March 16th. Zacks Investment Research raised Greenlight Capital Re from a “strong sell” rating to a “hold” rating in a research note on Monday, May 8th.
Greenlight Capital Re (NASDAQ:GLRE) opened at 19.85 on Friday. The firm has a 50-day moving average price of $21.22 and a 200-day moving average price of $22.27. The stock has a market capitalization of $743.14 million, a PE ratio of 30.59 and a beta of 0.66. Greenlight Capital Re has a 52 week low of $18.79 and a 52 week high of $24.10.
Greenlight Capital Re (NASDAQ:GLRE) last released its quarterly earnings data on Wednesday, February 22nd. The financial services provider reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by $0.21. Greenlight Capital Re had a negative net margin of 10.02% and a negative return on equity of 5.61%. The business had revenue of $188.74 million during the quarter, compared to analyst estimates of $184.60 million. Equities research analysts predict that Greenlight Capital Re will post $2.14 EPS for the current fiscal year.
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Greenlight Capital Re Company Profile
Greenlight Capital Re, Ltd. is a holding company. The Company analyzes its underwriting operations using two categories: frequency business, which is characterized as contracts containing a number of small losses emanating from multiple events, and severity business, which is characterized as contracts with the potential for significant losses emanating from one event or multiple events.
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