James River Group (NASDAQ:JRVR) Stock Moved Down to "Sell" by Wall Street Zen

James River Group (NASDAQ:JRVR - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Other equities research analysts have also recently issued research reports about the stock. Truist Financial dropped their price objective on shares of James River Group from $6.00 to $5.00 and set a "hold" rating on the stock in a research note on Wednesday, August 12th. UBS Group cut their target price on shares of James River Group from $4.75 to $4.00 and set a "neutral" rating for the company in a report on Monday, August 17th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of James River Group in a research note on Wednesday, November 4th. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $5.75.

James River Group Stock Down 0.6%

James River Group stock opened at $3.12 on Friday. The firm has a market cap of $144.30 million, a price-to-earnings ratio of -0.85 and a beta of -0.14. James River Group has a 52 week low of $3.02 and a 52 week high of $7.20. The business's 50-day moving average price is $3.72 and its 200 day moving average price is $4.86. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.77.

James River Group (NASDAQ:JRVR - Get Free Report) last announced its quarterly earnings results on Monday, November 9th. The insurance provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.27). James River Group had a negative net margin of 25.14% and a positive return on equity of 5.85%. The company had revenue of $147.71 million for the quarter, compared to analysts' expectations of $134.80 million. As a group, sell-side analysts anticipate that James River Group will post 0.48 earnings per share for the current year.

Institutional Trading of James River Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. acquired a new position in shares of James River Group during the 2nd quarter worth approximately $10,738,000. Boston Partners grew its stake in James River Group by 13.4% in the 3rd quarter. Boston Partners now owns 1,177,615 shares of the insurance provider's stock valued at $4,039,000 after acquiring an additional 138,898 shares during the period. RBF Capital LLC grew its stake in James River Group by 7.5% in the 1st quarter. RBF Capital LLC now owns 1,128,525 shares of the insurance provider's stock valued at $7,110,000 after acquiring an additional 78,525 shares during the period. Dimensional Fund Advisors LP grew its stake in James River Group by 9.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 845,243 shares of the insurance provider's stock valued at $5,325,000 after acquiring an additional 73,231 shares during the period. Finally, Canal Insurance CO increased its holdings in James River Group by 65.1% in the 3rd quarter. Canal Insurance CO now owns 270,920 shares of the insurance provider's stock worth $929,000 after acquiring an additional 106,849 shares in the last quarter. 95.21% of the stock is currently owned by hedge funds and other institutional investors.

About James River Group

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company focused on specialty commercial insurance in the United States. Through its subsidiaries, it provides coverage for businesses and risks that may not fit standard insurance markets. The company historically operated an Excess and Surplus Lines business, which offered coverage for specialized or harder-to-insure risks. James River completed the sale of that business to Intact Financial Corporation in 2025. Following the sale, James River's remaining operations are centered on specialty admitted insurance, including commercial coverage such as workers' compensation and commercial auto insurance.

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