James River Group (JRVR) to Release Earnings on Monday

James River Group (NASDAQ:JRVR - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, March 3rd. Analysts expect James River Group to post earnings of ($0.33) per share and revenue of $159.91 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

James River Group Stock Performance

JRVR stock traded down $0.16 during trading on Friday, reaching $4.79. 116,691 shares of the company's stock were exchanged, compared to its average volume of 160,426. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.38. James River Group has a 1-year low of $4.35 and a 1-year high of $11.49. The company's fifty day moving average price is $4.77 and its 200-day moving average price is $5.71. The firm has a market cap of $181.21 million, a PE ratio of -1.18 and a beta of 0.07.

James River Group Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend was Monday, December 16th. James River Group's dividend payout ratio is presently -0.99%.

Analyst Upgrades and Downgrades

Separately, JMP Securities dropped their price objective on James River Group from $11.00 to $8.00 and set a "market outperform" rating on the stock in a research note on Friday, December 20th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $10.40.

James River Group Company Profile

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance in the United States Puerto Rice, and the United States Virgin Islands.