James River Group (JRVR) Set to Announce Earnings on Monday

James River Group (NASDAQ:JRVR - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 11th. Analysts expect James River Group to post earnings of $0.66 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

James River Group (NASDAQ:JRVR - Get Free Report) last posted its earnings results on Monday, August 5th. The insurance provider reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.09). James River Group had a positive return on equity of 11.66% and a negative net margin of 12.79%. The firm had revenue of $188.30 million for the quarter, compared to the consensus estimate of $169.39 million. During the same period last year, the company posted $0.53 EPS. The business's revenue was down 3.3% on a year-over-year basis. On average, analysts expect James River Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

James River Group Price Performance

NASDAQ:JRVR traded down $0.17 during trading hours on Monday, hitting $6.06. The stock had a trading volume of 204,041 shares, compared to its average volume of 677,828. The company has a 50 day simple moving average of $6.62 and a two-hundred day simple moving average of $7.47. The firm has a market capitalization of $229.25 million, a price-to-earnings ratio of -2.52 and a beta of 0.17. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.64 and a quick ratio of 0.64. James River Group has a one year low of $6.05 and a one year high of $14.56.

James River Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.30%. The ex-dividend date was Monday, September 16th. James River Group's dividend payout ratio is -8.00%.

Analysts Set New Price Targets

JRVR has been the topic of several recent analyst reports. Truist Financial lowered their price target on James River Group from $9.00 to $8.00 and set a "hold" rating on the stock in a report on Wednesday, August 7th. Compass Point lowered their target price on shares of James River Group from $12.50 to $12.00 and set a "buy" rating on the stock in a research note on Wednesday, August 7th. Finally, JMP Securities cut their price target on shares of James River Group from $14.00 to $11.00 and set a "market outperform" rating for the company in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $11.17.

About James River Group

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.