How to Buy Greenlight Capital Re Stock
Greenlight Capital Re Ltd
Greenlight Capital Re, Ltd. , through its subsidiaries, operates as a property and casualty reinsurance company worldwide.
Greenlight Capital Re stock last closed at $12.58, up 0.88% from the previous day, and has increased 23.58% in one year. It has overperformed other stocks in the Insurance - Reinsurance industry by 0.14 percentage points. Greenlight Capital Re stock is currently +32.7% from its 52-week low of $9.48, and -2.4% from its 52-week high of $12.89.
As of May 6, 2024, there are 35.36M GLRE shares outstanding. The market value of GLRE is $444.85M. In the last 24 hours, 88,587 GLRE shares were traded.
How to Buy Greenlight Capital Re Stock
Not sure how to invest in Greenlight Capital Re stock? Here's how.
- Figure out where to buy Greenlight Capital Re stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Greenlight Capital Re stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Greenlight Capital Re stock: The Greenlight Capital Re ticker symbol is GLRE. Is Greenlight Capital Re stock a good investment? Should you buy shares of GLRE? How do GLRE's underlying business fundamentals look? Do top analysts think Greenlight Capital Re is a good buy? Why has GLRE's stock price moved recently? (Hint: Our stock analysis website can help you figure out if GLRE is a good stock to buy).
- Make your GLRE buy order: Decide if you will purchase GLRE shares at the current market price or use a limit order to purchase GLRE stock at a particular price.
- Monitor your investment in GLRE: Create a watchlist to keep track of your investment in Greenlight Capital Re shares.
Step 1: Figure out where to buy Greenlight Capital Re stock
You will need a brokerage account to access the NASDAQ market and buy GLRE stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in GLRE today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you've filled out your info on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch the video below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Greenlight Capital Re stock
Once you have figured out the best place to buy Greenlight Capital Re stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Overview of key GLRE info
Fundamentals of GLRE
WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on GLRE's stock page.
Is GLRE stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge GLRE's true value.
Using relative valuations metrics:
- GLRE could be undervalued based on its P/E ratio of 4.93x, relative to Insurance - Reinsurance industry P/E ratio of 7.73x
- GLRE could be undervalued based on its P/B ratio of 0.75x, relative to Insurance - Reinsurance industry P/B ratio of 1.18x
- GLRE may be undervalued based on its PEG ratio of 0.02x
You can do more valuation analysis on GLRE's stock here.
A look at GLRE Cashflows and Balance Sheet
Signs that GLRE is financially healthy:
- GLRE profit margin has gone up from 4.8% to 13% in the past year.
- GLRE earnings of $92.27M is not sufficient to cover its interest payments.
- Total GLRE debt is lower than 5 years ago, relative to shareholder equity.
Signs that GLRE is not financially healthy:
- GLRE has a relatively high debt to equity ratio of 1.91.
- GLRE's operating cash flow of $7.51M allows it to safely service it's debt of $73.28M.
GLRE Momentum
GLRE Revenue
Last year, GLRE earnings were $86.83M. During the last three year, GLRE's earnings have gone up by 280.97% per year. This was faster than the Insurance - Reinsurance industry average of 24.97%.
Last year, GLRE revenue was $667.08M. During the last 5 year, GLRE's revenue has gone up by 29.52% per year. This was slower than the Insurance - Reinsurance industry average of 32.91%.
Dig into GLRE's earnings and revenue performance here.
Are GLRE executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at GLRE have sold more shares than they have bought.
Ian Isaacs, Director of GLRE, was the latest GLRE insider to sell. They sold $108,209.96 worth of GLRE shares on Mar 27, 2024.
Get more info about who owns GLRE stock here.
Can I get consistent income from GLRE stock?
No, Greenlight Capital Re doesn't provide an income stream by paying out dividends.
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Step 5: Make your GLRE buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
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Step 6: Monitor your investment in GLRE
Now that you own some GLRE stock, you'll want to stay up-to-date on your shares.
Make a watchlist to see the latest developments about your GLRE stock.
GLRE Feed
How to Buy Stock in Greenlight Capital Re
To reiterate, here are the 6 steps to buy stock in Greenlight Capital Re:
- Figure out where to buy Greenlight Capital Re stock
- Open your brokerage account
- Fund your investment account
- Evaluate Greenlight Capital Re stock
- Make your GLRE buy order
- Monitor your investment in GLRE
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Greenlight Capital Re, click below.
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