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.

A number of analysts gave price targets for GLRE. The most optimistic analyst gave a price target of 27, implying a possible profit of 27.36 percent. The minimum price target given was 27, which equates to a potential downside of 27.36 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -65.91 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -266.4 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -29.91 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -77.62 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of GLRE to grow at a rate of 26.5 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. GLRE has a PEG ratio of 2.86.

In the trailing 52-weeks, GLRE hit 24.10 at the highest peak, while it's lowest trading point was 19.25. Currently the stock is 10.13 percent higher than its low, and below the high by 12.03 percent. 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 market cap of GLRE is $0.78622 billion. GLRE will post this quarters earnings in days, on 0000-00-00.