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

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) – Analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Greenlight Capital Re in a research report issued to clients and investors on Wednesday, May 20th. DOWLING & PARTN analyst A. Mottolese anticipates that the financial services provider will earn $2.00 per share for the year. DOWLING & PARTN also issued estimates for Greenlight Capital Re’s FY2027 earnings at $1.50 EPS.

GLRE has been the topic of a number of other research reports. Wall Street Zen cut Greenlight Capital Re from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings raised Greenlight Capital Re from a “hold (c)” rating to a “buy (b+)” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Greenlight Capital Re has an average rating of “Buy”.

Greenlight Capital Re Trading Down 2.5%

Shares of Greenlight Capital Re stock opened at $16.33 on Thursday. Greenlight Capital Re has a 12-month low of $11.56 and a 12-month high of $19.39. The stock has a market cap of $541.67 million, a P/E ratio of 6.89 and a beta of 0.38. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $17.71 and its 200-day moving average is $15.26.

Greenlight Capital Re (NASDAQ:GLRE) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.20). Greenlight Capital Re had a return on equity of 11.69% and a net margin of 11.47%.The company had revenue of $189.66 million for the quarter, compared to the consensus estimate of $160.88 million.

Insider Buying and Selling

In related news, General Counsel David Sigmon sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $17.33, for a total transaction of $129,975.00. Following the transaction, the general counsel directly owned 32,678 shares of the company’s stock, valued at approximately $566,309.74. The trade was a 18.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Joseph P. Platt, Jr. sold 23,613 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $18.01, for a total value of $425,270.13. Following the transaction, the director directly owned 11,747 shares in the company, valued at $211,563.47. The trade was a 66.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 62,500 shares of company stock worth $1,097,117 over the last three months. 24.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Greenlight Capital Re by 14.9% during the 1st quarter. Bank of America Corp DE now owns 88,059 shares of the financial services provider’s stock worth $1,523,000 after acquiring an additional 11,416 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Greenlight Capital Re by 9.8% during the 1st quarter. Empowered Funds LLC now owns 178,029 shares of the financial services provider’s stock worth $3,078,000 after acquiring an additional 15,845 shares during the last quarter. Quantinno Capital Management LP grew its holdings in Greenlight Capital Re by 65.9% in the 1st quarter. Quantinno Capital Management LP now owns 51,526 shares of the financial services provider’s stock valued at $891,000 after buying an additional 20,459 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Greenlight Capital Re in the 1st quarter valued at $1,343,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Greenlight Capital Re by 64.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 127,798 shares of the financial services provider’s stock valued at $2,210,000 after buying an additional 50,099 shares in the last quarter. 41.52% of the stock is owned by institutional investors and hedge funds.

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.