Greenlight Capital Re stock faces a Sell downgrade

Published on 10/07/2026 at 05:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Greenlight Capital Re stock faces a Sell downgrade reported on October 3, 2026. Second-quarter revenue missed consensus by USD 27.85 million, while EPS missed by USD 0.54.

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Greenlight Capital Re stock was last at USD 14.65 on Nasdaq on October 6, 2026, down 0.61 percent from the prior close, while its market capitalization stood at USD 485.9 million. The immediate catalyst is an analyst downgrade that adds pressure after a difficult second quarter.

Sell rating follows weak quarter

As MarketBeat reported on October 3, 2026, Wall Street Zen cut Greenlight Capital Re from Hold to Sell. The same report said Weiss Ratings had lowered its view from Buy to Hold on August 5, 2026.

MarketBeat also described a two-analyst consensus rating of Hold. That split gives the downgrade weight, but it does not establish a broad Sell consensus for the shares.

Q2 figures missed estimates

For the second quarter ended June 30, 2026, Greenlight Capital Re reported revenue of USD 137.46 million, according to MarketBeat. The figure was USD 27.85 million, or 16.9 percent, below the USD 165.31 million consensus estimate.

Adjusted or GAAP classification is not specified in the cited estimate comparison, so the figures are best read as the reported quarterly revenue and the published consensus benchmark. Quarterly EPS was negative USD 0.89 versus a consensus loss of USD 0.35, a USD 0.54 shortfall.

The underlying operating picture was also uneven across the latest period. Greenlight Re operates as a specialist property and casualty reinsurer, with Open Market and Innovations activities described by Greenlight Capital Re on its investor-relations page.

Stock remains below yearly high

GLRE's October 6, 2026 range was USD 14.64 to USD 14.91, with an opening price of USD 14.86 and volume of 90,275 shares. The last price of USD 14.65 was USD 4.74 below the 52-week high of USD 19.39.

The wider range reached USD 11.57 on the low side, putting the stock USD 3.08 above that level. For investors, the combination of a quarterly revenue miss and a Sell downgrade makes the next earnings update the key test for whether underwriting performance can offset recent volatility.

Nasdaq price and valuation

Greenlight Capital Re was last at USD 14.65 on October 6, 2026 at 4:00 p.m. ET. The quoted market capitalization was USD 485.9 million, while the current 52-week range was USD 11.57 to USD 19.39.