James River Group (JRVR) Stock Price, News & Analysis

Company Overview

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. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides insurance for fronting, program administrators, managing general agents, and independent retail agents. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.

Key Stats

• Today's Range: $4.51 to $4.81
• 50-Day Range: $4.60 to $7.17
• 52-Week Range: $4.47 to $11.49
• Volume: 435,455 shs
• Average Volume: 358,969 shs
• Market Capitalization: $175.15 million
• P/E Ratio: N/A
• Dividend Yield: 4.32%
• Price Target: $11.00
• Consensus Rating: Moderate Buy

James River Group Stock Analysis - MarketRank™

James River Group scored higher than 77% of companies evaluated by MarketBeat, and ranked 401st out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

James River Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

James River Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for James River Group are expected to grow in the coming year, from ($0.35) to $1.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of James River Group is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of James River Group is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

James River Group has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.51% of the float of James River Group has been sold short.

Short Interest Ratio / Days to Cover

James River Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in James River Group has recently decreased by 4.72%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

James River Group is a leading dividend payer. It pays a dividend yield of 4.32%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

James River Group does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, James River Group will have a dividend payout ratio of 11.11% next year. This indicates that James River Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.51% of the float of James River Group has been sold short.

Short Interest Ratio / Days to Cover

James River Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in James River Group has recently decreased by 4.72%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: -0.03

News Sentiment

James River Group has a news sentiment score of -0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for James River Group this week, compared to 2 articles on an average week.

MarketBeat Follows

3 people have added James River Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, James River Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.50% of the stock of James River Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

95.21% of the stock of James River Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

JRVR Stock Analysis - Frequently Asked Questions

How have JRVR shares performed this year?

James River Group's stock was trading at $9.24 at the beginning of the year. Since then, JRVR stock has decreased by 49.9% and is now trading at $4.63.
View the best growth stocks for 2024 here.

How were James River Group's earnings last quarter?

James River Group Holdings, Ltd. (NASDAQ:JRVR) issued its earnings results on Monday, November, 11th. The insurance provider reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.89. James River Group's quarterly revenue was down 8.9% compared to the same quarter last year.

When did James River Group IPO?

James River Group (JRVR) raised $253 million in an initial public offering on Friday, December 12th 2014. The company issued 11,000,000 shares at a price of $22.00-$24.00 per share. Keefe Bruyette & Woods (A Stifel Company ), UBS Investment Bank, FBR and BMO Capital Markets served as the underwriters for the IPO and KeyBanc Capital Markets, SunTrust Robinson Humphrey and Scotiabank were co-managers.

Who are James River Group's major shareholders?

Top institutional shareholders of James River Group include RBF Capital LLC (2.84%), State Street Corp (1.90%), Jacobs Levy Equity Management Inc. (1.88%) and Charles Schwab Investment Management Inc. (1.25%). Insiders that own company stock include Kirstin Gould, J Adam Abram, Sarah C Doran and Frank D'orazio.
View institutional ownership trends.

How do I buy shares of James River Group?

Shares of JRVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of James River Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that James River Group investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 11/11/2024
• Today: 11/17/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: N/A
• Current Symbol: NASDAQ:JRVR
• CUSIP: N/A
• CIK: 1620459
• Web: www.jrgh.net
• Phone: (441) 278-4580
• Fax: N/A
• Employees: 649
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +137.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-107,680,000.00
• Net Margins: -20.84%
• Pretax Margin: 3.56%
• Return on Equity: 3.90%
• Return on Assets: 0.41%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 0.65
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $812.01 million
• Price / Sales: 0.22
• Cash Flow: $4.17 per share
• Price / Cash Flow: 1.11
• Book Value: $14.02 per share
• Price / Book: 0.33

Miscellaneous

• Outstanding Shares: 37,830,000
• Free Float: 31,587,000
• Market Cap: $175.15 million
• Optionable: Optionable
• Beta: 0.17