Analyst Ratings for Greenlight Capital Re Ltd. Cl A (GLRE)

Updated: 2017-07-28

An average rating of Overweight has been given to Greenlight Capital Re Ltd. Cl A (NASDAQ:GLRE) by analysts covering the stock. A consensus rating of Overweight was previously issued for GLRE last month.

2 analysts declared GLRE a buy, 0 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for GLRE. The most optimistic price target was 27, implying a possible profit of 27.36 percent. The minimum price target given was 27, implying potential capital losses of 27.36 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -65.91 percent. That number becomes -266.4 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -29.91 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -77.62 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

GLRE has an estimated earnings growth rate of 26.5 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GLRE is 2.86.

In the trailing 52-weeks, GLRE hit 24.10 at the highest peak, while it's lowest trading point was 19.25. The current market price is above the trailing year's low by 10.13 percent, and 12.03 percent below the high. GLRE has a price/earnings ratio of 75.9. Investors typically compare the P/E ratio to a company's peers in the industry. The GLRE value stock report compares GLRE to some of its peers using value stock charts. The stock has a market capitalization of $0.78622 billion. GLRE's next earnings release will be on 0000-00-00, which is days away.