📊 GLRE Key Takeaways
Is GLRE a Good Investment? Thesis Analysis
Greenlight Capital RE demonstrates fortress-like financial strength with exceptional free cash flow generation ($210.2M, 28.8% margin) and minimal leverage (0.01x D/E), providing substantial financial flexibility. However, flat net income growth despite 4.8% revenue increase signals margin compression or rising claims costs, while modest returns on capital (10.6% ROE, 3.4% ROA) indicate capital may not be deployed optimally.
Greenlight Capital Re shows solid underlying profitability with double‑digit operating and net margins, a 10%+ ROE, and strong operating cash generation, all supported by extremely low financial leverage and ample interest coverage. Cash flow strength and EPS growth suggest effective capital management, providing flexibility to compound book value. Growth is modest and earnings can be volatile for a reinsurer, but the balance sheet quality and cash generation support a favorable fundamental outlook.
Why Buy GLRE? Key Strengths
- Exceptional free cash flow generation ($210.2M FCF with 28.8% margin indicates strong cash conversion)
- Fortress balance sheet with minimal leverage (0.01x D/E ratio and only $4.7M long-term debt)
- Strong interest coverage ratio of 16.7x providing substantial financial flexibility and low refinancing risk
- Solid profitability with 10.3% net margin and 10.7% operating margin appropriate for insurance sector
- Very low leverage with strong interest coverage
- Consistent profitability with double‑digit margins and 10%+ ROE
- Robust operating cash flow and high FCF conversion
GLRE Investment Risks to Consider
- Net income essentially flat YoY (+0.0%) despite 4.8% revenue growth indicates margin compression or elevated claims costs
- Modest returns on deployed capital (10.6% ROE, 3.4% ROA) suggest suboptimal capital allocation efficiency
- EPS growth of 75% driven by share buybacks rather than underlying earnings expansion indicates limited organic growth
- Insurance sector cyclicality and exposure to claims inflation and catastrophic loss events
- Earnings volatility from catastrophe and large loss events
- Investment performance variability impacting results
- Potential reserve development or pricing cycle softening
Key Metrics to Watch
- Combined loss ratio trend and underwriting margin stability
- Revenue growth acceleration and margin recovery trajectory
- Insurance loss reserves adequacy and claims inflation trends
- Combined ratio (underwriting profitability)
- Book value per share growth
GLRE Financial Metrics
💡 AI Analyst Insight
The 28.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
GLRE Profitability Ratios
GLRE vs Finance Sector
How GREENLIGHT CAPITAL RE, LTD. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is GLRE Overvalued or Undervalued?
Based on fundamental analysis, GREENLIGHT CAPITAL RE, LTD. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
GLRE Balance Sheet & Liquidity
GLRE 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: GREENLIGHT CAPITAL RE, LTD.'s revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.50 reflects profitable operations.
GLRE Growth Metrics (YoY)
GLRE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $146.1M | -$4.4M | $-0.13 |
| Q2 2025 | $160.1M | $329.0K | $0.01 |
| Q1 2025 | $191.3M | $27.0M | $0.78 |
| Q3 2024 | $166.9M | $13.5M | $0.39 |
| Q2 2024 | $174.9M | $8.0M | $0.23 |
| Q1 2024 | $155.0M | $5.9M | $0.17 |
| Q3 2023 | $126.7M | -$9.4M | $-0.28 |
| Q2 2023 | $121.4M | $9.1M | $0.23 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
GLRE Capital Allocation
GLRE SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for GREENLIGHT CAPITAL RE, LTD. (CIK: 0001385613)
📋 Recent SEC Filings
❓ Frequently Asked Questions about GLRE
What is the AI rating for GLRE?
GREENLIGHT CAPITAL RE, LTD. (GLRE) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are GLRE's key strengths?
Claude: Exceptional free cash flow generation ($210.2M FCF with 28.8% margin indicates strong cash conversion). Fortress balance sheet with minimal leverage (0.01x D/E ratio and only $4.7M long-term debt). ChatGPT: Very low leverage with strong interest coverage. Consistent profitability with double‑digit margins and 10%+ ROE.
What are the risks of investing in GLRE?
Claude: Net income essentially flat YoY (+0.0%) despite 4.8% revenue growth indicates margin compression or elevated claims costs. Modest returns on deployed capital (10.6% ROE, 3.4% ROA) suggest suboptimal capital allocation efficiency. ChatGPT: Earnings volatility from catastrophe and large loss events. Investment performance variability impacting results.
What is GLRE's revenue and growth?
GREENLIGHT CAPITAL RE, LTD. reported revenue of $729.8M.
Does GLRE pay dividends?
GREENLIGHT CAPITAL RE, LTD. does not currently pay dividends.
Where can I find GLRE SEC filings?
Official SEC filings for GREENLIGHT CAPITAL RE, LTD. (CIK: 0001385613) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is GLRE's EPS?
GREENLIGHT CAPITAL RE, LTD. has a diluted EPS of $2.17.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is GLRE a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, GREENLIGHT CAPITAL RE, LTD. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is GLRE stock overvalued or undervalued?
Valuation metrics for GLRE: ROE of 10.6% (sector avg: 12%), net margin of 10.3% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy GLRE stock in 2026?
Our dual AI analysis gives GREENLIGHT CAPITAL RE, LTD. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is GLRE's free cash flow?
GREENLIGHT CAPITAL RE, LTD.'s operating cash flow is $210.2M, with capital expenditures of $0.0. FCF margin is 28.8%.
How does GLRE compare to other Finance stocks?
Vs Finance sector averages: Net margin 10.3% (avg: 25%), ROE 10.6% (avg: 12%), current ratio N/A (avg: 1.2).