Stock Price Prediction

GLRE stock is currently trading at $10.45, with a bullish outlook driven by its strong position in the reinsurance market and potential benefits from California's new regulation requiring increased coverage in high-risk areas. Analysts expect the stock to reach $12.50 in the next 12 months, reflecting a 19.6% upside, supported by favorable industry dynamics and David Einhorn's continued confidence in Greenlight Capital Re. The company's focus on value investments and strategic initiatives positions it well for long-term growth.

GLRE stock closed at $13.50 on January 31, 2025, down 1.46%. The RSI of 40.41 indicates weak momentum, and the MACD shows a bearish trend. With resistance at $14.17 and support at $13.45, the stock is struggling to break higher.