Greenlight Capital Re (GLRE) vs NI (NODK)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Greenlight Capital Re (GLRE) has outperformed NI (NODK) over the past year, gaining 17.3% versus a gain of 10.1%. Over five years, GLRE leads with a +100.4% price change compared with -25.2% for NODK. Greenlight Capital Re is the larger company by market cap ($488.6 million vs $303.8 million), about 1.6 times the size.
On valuation, Greenlight Capital Re trades at a lower trailing P/E (10.1x vs 39.2x for NI).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GLRE | NODK |
|---|---|---|
| Share price | $14.97 | $14.89 |
| Market cap | $488.64M | $303.83M |
| 1-day change | +1.35% | +1.02% |
| YTD return | +1.30% | +11.95% |
| 1-year return | +17.32% | +10.13% |
| 5-year return | +100.41% | -25.21% |
| P/E ratio (TTM) | 10.11 | 39.18 |
| Forward P/E | 9.36 | — |
| EPS (TTM) | $1.48 | $0.38 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $19.39 | $16.70 |
| 52-week low | $11.57 | $12.37 |
| Distance from 52-week high | -22.80% | -10.84% |
| Average volume | 139.13K | 25.76K |
| Shares outstanding | 32.64M | 20.40M |
| Employees | 84 | 166 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NI trades at a higher earnings multiple (39.2x vs 10.1x trailing P/E).
About Greenlight Capital Re
GLRE stock →Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments.
Finance · Property-Casualty Insurers · 84 employees
About NI
NODK stock →NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies.
Finance · Property-Casualty Insurers · 166 employees
GLRE vs NODK FAQ
Which is bigger, Greenlight Capital Re or NI?
Greenlight Capital Re (GLRE) is larger, with a market capitalization of $488.64M compared with $303.83M for NI (NODK).
Which stock has performed better over the past year, GLRE or NODK?
GLRE returned +17.32% over the past 12 months, compared with +10.13% for NODK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GLRE or NODK?
GLRE has the lower trailing P/E at 10.1, versus 39.2 for NODK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Greenlight Capital Re and NI in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.