Dowling cuts fiscal 2026 earnings estimate for Greenlight Capital Re stock to USD 0.50

Published on 10/16/2026 at 02:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The estimate cut puts Greenlight Capital Re stock against a Q2 loss of USD 0.89 per share. Revenue reached USD 137.46 million versus USD 165.31 million expected.

Estimate cut and quarterly pressure

Dowling & PARTN cut its fiscal 2026 earnings estimate from USD 1.25 to USD 0.50 on October 7, 2026.
Greenlight Capital Re reported USD 137.46 million of second-quarter 2026 revenue and a USD 0.89 diluted loss per share.
Greenlight Capital Re had a USD 481.1 million market capitalization as of October 15, 2026.

GLRE, KYG4095J1094, Illustration mit AI erstellt.

Greenlight Capital Re (ISIN KYG4095J1094) faces a lower fiscal 2026 earnings estimate of USD 0.50 per share after Dowling & PARTN cut its forecast from USD 1.25 on October 7, 2026, according to MarketBeat. The revision puts the reinsurer's second-quarter loss and revenue miss at the center of the current valuation debate.

Estimate cut resets 2026 view

The estimate change is material because the new USD 0.50 figure is USD 0.75 below the earlier forecast. MarketBeat said the revised estimate matched the prevailing consensus, while two analysts maintained Hold ratings.

What did the second quarter show?

Greenlight Capital Re reported USD 137.46 million of revenue for the second quarter of 2026, below the USD 165.31 million consensus cited by MarketBeat. The company also reported a USD 0.89 diluted loss per share, compared with a USD 0.35 consensus loss, a USD 0.54 per-share shortfall. The standardized quarterly figures show net income attributable to common shareholders of negative USD 29.60 million for the period ended June 30, 2026.

Three dated events shape the story

On August 4, 2026, Greenlight Capital Re reported the second-quarter results, including USD 137.46 million of revenue and a USD 0.89 diluted loss per share, according to MarketBeat. On September 28, 2026, director Ian Isaacs sold 5,150 shares at an average USD 14.90, the same report said. On October 7, 2026, Dowling & PARTN cut its fiscal 2026 earnings estimate to USD 0.50 from USD 1.25.

Dates after the estimate cut

The next scheduled earnings date is November 2, 2026, according to Stock Analysis. That report should provide the next quantified test of whether underwriting and investment results can support the reduced annual estimate.

Valuation remains the market context

Greenlight Capital Re had a market capitalization of USD 481.1 million as of October 15, 2026. Its reported 52-week range was USD 11.56 to USD 19.39, placing the company in a valuation conversation shaped by earnings volatility rather than a single operating metric.