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

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) – DOWLING & PARTN decreased their FY2026 earnings per share estimates for shares of Greenlight Capital Re in a report released on Wednesday, October 7th. DOWLING & PARTN analyst A. Mottolese now forecasts that the financial services provider will earn $0.50 per share for the year, down from their previous estimate of $1.25. The consensus estimate for Greenlight Capital Re’s current full-year earnings is $0.50 per share.

Other equities analysts also recently issued research reports about the company. Weiss Ratings downgraded Greenlight Capital Re from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Wall Street Zen lowered shares of Greenlight Capital Re from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Greenlight Capital Re presently has a consensus rating of “Hold”.

Greenlight Capital Re Stock Down 1.1%

GLRE opened at $14.85 on Monday. The firm has a market cap of $484.70 million, a P/E ratio of 10.21 and a beta of 0.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.43 and a current ratio of 2.43. The business has a 50 day moving average price of $15.17 and a 200 day moving average price of $16.38. Greenlight Capital Re has a twelve month low of $11.56 and a twelve month high of $19.39.

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

Institutional Investors Weigh In On Greenlight Capital Re

Several hedge funds have recently modified their holdings of GLRE. Renaissance Technologies LLC bought a new position in Greenlight Capital Re during the first quarter worth about $1,343,000. Hillsdale Investment Management Inc. acquired a new stake in Greenlight Capital Re during the first quarter valued at approximately $1,117,000. Arrowstreet Capital Limited Partnership boosted its holdings 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 in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Greenlight Capital Re in the 1st 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 institutional investors.

Insider Buying and Selling

In other Greenlight Capital Re news, Director Ian Isaacs sold 10,000 shares of Greenlight Capital Re stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $14.95, for a total value of $149,500.00. Following the transaction, the director directly owned 43,142 shares of the company’s stock, valued at $644,972.90. The trade was a 18.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Sherry Diaz sold 13,500 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was 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 approximately $1,310,135.32. This trade represents a 13.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 38,500 shares of company stock valued at $580,305. Insiders own 24.67% of the company’s stock.

About Greenlight Capital Re

Greenlight Capital Re, Ltd. was a Bermuda-based specialty property and casualty reinsurance company established in 2004. The company was founded with backing from Greenlight Capital and was designed to combine traditional reinsurance underwriting with alternative investment expertise.

Through its reinsurance operations, Greenlight Re provided customized coverage and capacity to insurance companies and other risk-bearing organizations. Its business included property, casualty and specialty lines, with underwriting focused on areas such as catastrophe-exposed property, workers’ compensation, liability and other commercial risks.