GLRE Stock — Greenlight Capital Re Ltd

Greenlight Capital Re Ltd (GLRE)

Updated October 16, 2026.

GLRE is a Stock. Total return is -38.3% over the past 19.4 years, 659.7 points behind SPY at 621.4%.

Greenlight Capital Re is a property and casualty reinsurance company operating worldwide through two segments: Open Market, offering standard reinsurance products across casualty, financial, health, property, and specialty lines; and Innovations, providing specialized coverages including cyber, marine, aviation, and political risk insurance. The company distributes its reinsurance products through brokers and does not currently have an established distribution schedule. It may appeal to equity investors seeking exposure to the reinsurance sector, though potential investors should evaluate the company's underwriting performance and capital management separately from any income considerations.

GLRE performance versus SPY

Price and return data through 2026-10-16.

Total return is -38.3% over the past 19.4 years, 659.7 points behind SPY at 621.4%. Over the past year its total return — price change plus distributions reinvested — is 21.1%. Its deepest 1-year drawdown was 23.7%.

GLRE key facts

Asset type

Stock

Asset class

Equity

Inception date

05/24/2007

Distribution frequency

None

Last close

$14.82 (as of 2026-10-16)

Market cap

$491,526,759

Average volume

186967.0

Beta

0.27

Payout ratio

0.0%

P/E ratio

10.01

Forward P/E

4.6447

EPS

$1.48

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GLRE risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 23.7%.

Who may consider GLRE — and who may not

It is a weaker fit for investors who need monthly cash flow (GLRE does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GLRE

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Tagged: Financials.

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