Greenlight Capital Re stock reports a difficult second quarter

Published on 10/06/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Greenlight Capital Re stock closed at USD 14.76 on October 5, 2026, while Q2 revenue reached USD 137.46 million. The quarter produced a USD 0.89 diluted EPS loss.

GLRE, KYG4095J1094, Illustration mit AI erstellt.

Greenlight Capital Re stock (ISIN KYG4095J1094) closed at USD 14.76 on Nasdaq on October 5, 2026, while the reinsurer's second quarter produced a USD 0.89 diluted EPS loss. The latest figures put earnings and revenue below consensus, keeping the August report at the center of the investment case.

Q2 loss follows revenue miss

For the quarter ended June 30, 2026, Greenlight Capital Re posted revenue of USD 137.46 million and a net loss of USD 29.28 million, according to Stock Analysis. The diluted loss of USD 0.89 per share compared with a consensus loss of USD 0.35, a miss of USD 0.54 per share.

Revenue also fell short of the USD 165.31 million consensus estimate by USD 27.85 million. The comparison matters because the quarter combined a top-line miss with negative earnings, rather than relying on a single volatile insurance metric.

Analyst view turns more cautious

MarketBeat reported on October 3, 2026, that Wall Street Zen cut Greenlight Capital Re from Hold to Sell. The same report said Weiss Ratings lowered its view from Buy to Hold, while two analysts kept the broader consensus at Hold.

The share price gives that caution a measurable frame. At USD 14.76 on October 5, 2026, the stock stood USD 4.63 below its 52-week high of USD 19.39 and USD 3.19 above its 52-week low of USD 11.57.

Reinsurance model remains specialized

Greenlight Capital Re describes itself as a specialist property and casualty reinsurer operating in the Cayman Islands, Ireland and the United Kingdom, according to its investor-relations website. Its strategy combines tailored reinsurance capacity with a value-oriented investment approach across specialty lines.

The balance sheet still provides an important counterpoint to the quarterly loss. At June 30, 2026, cash and cash equivalents stood at USD 603.115 million, while total debt was USD 8.753 million; operating cash flow for the quarter was USD 31.420 million.

Stock holds below yearly high

Greenlight Capital Re stock closed at USD 14.76 on Nasdaq on October 5, 2026. The session range was USD 14.29 to USD 14.84, volume was 128,862 shares and market capitalization was USD 481.1 million.