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

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

Greenlight Capital Re (NASDAQ:GLRE) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $160.88 million.

Several other equities analysts have also recently weighed in on the company. Wall Street Zen cut Greenlight Capital Re from a “strong-buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded Greenlight Capital Re from a “hold (c)” rating to a “buy (b+)” rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Greenlight Capital Re Trading Down 2.5%

NASDAQ:GLRE opened at $16.33 on Thursday. Greenlight Capital Re has a fifty-two week low of $11.56 and a fifty-two week high of $19.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.46 and a quick ratio of 2.46. The stock has a market capitalization of $541.67 million, a PE ratio of 6.89 and a beta of 0.38. The business’s 50-day simple moving average is $17.71 and its 200-day simple moving average is $15.26.

Institutional Investors Weigh In On Greenlight Capital Re

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Greenlight Capital Re by 14.9% in the 1st quarter. Bank of America Corp DE now owns 88,059 shares of the financial services provider’s stock valued at $1,523,000 after acquiring an additional 11,416 shares in the last quarter. Empowered Funds LLC raised its stake 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 purchasing an additional 15,845 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Greenlight Capital Re by 65.9% during the 1st quarter. Quantinno Capital Management LP now owns 51,526 shares of the financial services provider’s stock worth $891,000 after purchasing an additional 20,459 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Greenlight Capital Re during the 1st quarter worth approximately $1,343,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Greenlight Capital Re by 64.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 127,798 shares of the financial services provider’s stock worth $2,210,000 after purchasing an additional 50,099 shares in the last quarter. Institutional investors own 41.52% of the company’s stock.

Insider Activity at Greenlight Capital Re

In other Greenlight Capital Re 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 value of $129,975.00. Following the sale, the general counsel owned 32,678 shares in the company, 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 SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Joseph P. Platt, Jr. sold 11,747 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $16.87, for a total value of $198,171.89. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,500 shares of company stock worth $1,097,117 in the last 90 days. Company insiders own 24.67% of the company’s stock.

About Greenlight Capital Re

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.