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.

GLRE was given price targets by several analysts. The most optimistic analyst gave a price target of 27, implying a possible profit of 27.36 percent. The most pessimistic price target was 27, implying potential capital losses 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -65.91 percent. The average change in earnings estimates over the last 90 days is -266.4 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -29.91 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -77.62 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GLRE is 2.86.

In the last 52-weeks, GLRE has achieved a high of 24.10 and a low of 19.25. Currently the stock is 10.13 percent higher than its low, and 12.03 percent below the high. GLRE has a P/E 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's next earnings release will be on 0000-00-00, which is days away.