Greenlight Capital Re (GLRE) Scheduled to Post Earnings on Tuesday

Greenlight Capital Re (NASDAQ:GLRE) is set to release its earnings data after the market closes on Tuesday, August 6th.

Greenlight Capital Re (NASDAQ:GLRE) last issued its earnings results on Wednesday, May 8th. The financial services provider reported $0.78 earnings per share for the quarter. The firm had revenue of $182.89 million during the quarter. Greenlight Capital Re had a net margin of 15.69% and a return on equity of 18.32%.

Greenlight Capital Re Stock Down 0.1 %

GLRE traded down $0.02 during trading on Wednesday, reaching $13.66. 3,215 shares of the stock traded hands, compared to its average volume of 74,063. The stock has a market cap of $482.47 million, a price-to-earnings ratio of 4.58 and a beta of 0.84. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.09 and a quick ratio of 3.09. Greenlight Capital Re has a fifty-two week low of $10.14 and a fifty-two week high of $13.72. The stock’s 50-day simple moving average is $13.00 and its two-hundred day simple moving average is $12.41.

Analyst Ratings Changes

Separately, StockNews.com downgraded Greenlight Capital Re from a “buy” rating to a “hold” rating in a research note on Friday, May 17th.

Greenlight Capital Re Company Profile

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.