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

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

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

GLRE has been the topic of several other reports. Weiss Ratings lowered Greenlight Capital Re from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Wall Street Zen cut Greenlight Capital Re from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Greenlight Capital Re currently has an average rating of “Hold”.

Greenlight Capital Re Price Performance

Shares of GLRE stock opened at $15.01 on Monday. Greenlight Capital Re has a 12-month low of $11.56 and a 12-month high of $19.39. The firm has a market capitalization of $489.93 million, a price-to-earnings ratio of 10.21 and a beta of 0.27. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $15.20 and a 200-day moving average of $16.39.

Insider Buying and Selling at Greenlight Capital Re

In other news, Director Ian Isaacs sold 5,150 shares of the stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $14.90, for a total value of $76,735.00. Following the completion of the sale, the director owned 37,992 shares of the company’s stock, valued at approximately $566,080.80. This represents a 11.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Sherry Diaz sold 13,500 shares of Greenlight Capital Re stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $15.08, for a total transaction of $203,580.00. Following the completion of the transaction, the insider directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 38,500 shares of company stock worth $580,305. Insiders own 24.67% of the company’s stock.

Institutional Trading of Greenlight Capital Re

Institutional investors and hedge funds have recently bought and sold shares of the business. Empowered Funds LLC boosted its position in shares of Greenlight Capital Re by 9.8% in the first quarter. Empowered Funds LLC now owns 178,029 shares of the financial services provider’s stock valued at $3,078,000 after acquiring an additional 15,845 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Greenlight Capital Re by 64.5% in 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 acquiring an additional 50,099 shares in the last quarter. Bank of America Corp DE increased its position in Greenlight Capital Re by 14.9% during the first 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 period. Renaissance Technologies LLC bought a new position in Greenlight Capital Re during the first quarter worth about $1,343,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in Greenlight Capital Re in the 1st quarter worth about $1,117,000. Institutional investors own 41.52% 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.