James River Group Holdings Ltd Company Profile (NASDAQ:JRVR)

About James River Group Holdings Ltd (JRVR)

James River Group Holdings Ltd logoJames River Group Holdings, Ltd. is an insurance holding company. The Company owns and operates a group of specialty insurance and reinsurance companies. The Company operates through four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers excess and surplus commercial lines liability and property insurance. The Specialty Admitted Insurance segment focuses on a range of markets within the standard insurance markets, such as workers' compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare workers. The Casualty Reinsurance segment provides proportional and working layer casualty reinsurance to third parties and to the United-based insurance subsidiaries. The Corporate and Other segment consists of the management and treasury activities of its holding companies and interest expense associated with its debt.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: JRVR
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $40.42
  • 50 Day Moving Average: $41.84
  • 200 Day Moving Average: $39.45
  • 52-Week Range: $25.86 - $46.20
  • Trailing P/E Ratio: 16.23
  • Foreward P/E Ratio: 14.49
  • P/E Growth: 0.00
  • Market Cap: $1.18B
  • Outstanding Shares: 29,316,000
  • Beta: 0.54
Profitability:
  • Net Margins: 11.34%
  • Return on Equity: 9.22%
  • Return on Assets: 3.03%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 0.19%
  • Quick Ratio: 0.19%

Analyst Ratings

Consensus Ratings for James River Group Holdings Ltd (NASDAQ:JRVR) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $44.00 (8.86% upside)

Analysts' Ratings History for James River Group Holdings Ltd (NASDAQ:JRVR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/21/2017BMO Capital MarketsBoost Price TargetOutperform$52.00N/AView Rating Details
11/16/2016FBR & CoReiterated RatingBuyN/AView Rating Details
11/14/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$38.00 -> $40.00N/AView Rating Details
12/11/2015SunTrust Banks, Inc.Boost Price TargetBuy$33.00 -> $39.00N/AView Rating Details
(Data available from 3/25/2015 forward)

Earnings

Earnings History for James River Group Holdings Ltd (NASDAQ:JRVR)
Earnings by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
Earnings History by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
11/2/2016Q316$0.71$0.72$151.86 million$151.40 millionViewListenView Earnings Details
8/3/2016Q2$0.43$0.46$146.28 million$134.51 millionViewListenView Earnings Details
5/4/2016Q1$0.42$0.43$116.53 million$131.33 millionViewListenView Earnings Details
2/17/2016Q4$0.60$0.60$101.45 million$125.10 millionViewListenView Earnings Details
11/4/2015Q3$0.61$0.65$144.66 million$133.10 millionViewListenView Earnings Details
8/5/2015Q215$0.38$0.42$126.53 million$120.23 millionViewListenView Earnings Details
5/6/2015Q115$0.36$0.40$125.80 million$126.47 millionViewListenView Earnings Details
2/18/2015Q414$0.57$0.65$108.30 million$128.70 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for James River Group Holdings Ltd (NASDAQ:JRVR)
Current Year EPS Consensus Estimate: $2.56 EPS
Next Year EPS Consensus Estimate: $2.79 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.42$0.50$0.45
Q2 20163$0.44$0.50$0.47
Q3 20162$0.66$0.67$0.67
Q4 20162$0.63$0.65$0.64
Q1 20172$0.51$0.52$0.52
Q2 20172$0.50$0.55$0.53
Q3 20172$0.75$0.77$0.76
Q4 20172$0.71$0.78$0.75
Q1 20181$0.64$0.64$0.64
Q2 20181$0.59$0.59$0.59
Q3 20181$0.76$0.76$0.76
Q4 20181$0.86$0.86$0.86
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for James River Group Holdings Ltd (NASDAQ:JRVR)
Next Dividend:3/31/2017
Annual Dividend:$1.20
Dividend Yield:2.97%
Payout Ratio:58.25% (Trailing 12 Months of Earnings)
46.88% (Based on This Year's Estimates)
43.01% (Based on Next Year's Estimates)
Dividend Payments by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)

Dividend History by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.302.73%3/9/20173/13/20173/31/2017
11/4/2016$1.6512/14/201612/16/201612/29/2016
8/4/2016Quarterly$0.209/8/20169/12/20169/30/2016
5/5/2016Quarterly$0.206/9/20166/13/20166/30/2016
2/19/2016Quarterly$0.203/10/20163/14/20163/28/2016
11/5/2015Quarterly$0.1612/10/201512/14/201512/28/2015
8/5/2015$0.169/10/20159/14/20159/30/2015
5/8/2015quarterly$0.162.64%6/11/20156/15/20156/30/2015
2/19/2015special$0.163/12/20153/16/20153/31/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for James River Group Holdings Ltd (NASDAQ:JRVR)
Insider Ownership Percentage: 12.20%
Institutional Ownership Percentage: 97.30%
Insider Trades by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
Institutional Ownership by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
Insider Trades by Quarter for James River Group Holdings Ltd (NASDAQ:JRVR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016Bryan MartinDirectorSell450,000$38.00$17,100,000.00View SEC Filing  
9/13/2016Steven J HartmanCEOSell10,000$35.22$352,200.00View SEC Filing  
6/3/2015J Adam AbramCEOBuy8,700$22.76$198,012.00View SEC Filing  
12/30/2014E. Shaw Oculus Portfolios D.InsiderSell420,762$21.00$8,836,002.00View SEC Filing  
12/17/2014E. Shaw Oculus Portfolios D.InsiderSell6,250,000$21.00$131,250,000.00View SEC Filing  
12/17/2014Goldman Sachs Group IncMajor ShareholderSell4,750,000$19.74$93,765,000.00View SEC Filing  
12/17/2014Gregg T DavisCFOBuy23,809$21.00$499,989.00View SEC Filing  
12/17/2014Jerry R MastersDirectorBuy17,000$21.00$357,000.00View SEC Filing  
12/17/2014Robert Patrick MyronCOOBuy47,619$21.00$999,999.00View SEC Filing  
12/17/2014Steven J HartmanCEOBuy12,500$21.00$262,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for James River Group Holdings Ltd (NASDAQ:JRVR)
Latest Headlines for James River Group Holdings Ltd (NASDAQ:JRVR)
Source:
DateHeadline
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 7:19 PM
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 2 at 6:20 PM
finance.yahoo.com logoEnstar Group (ESGR) to Sell Affiliate to Global Bankers Unit
finance.yahoo.com - February 20 at 10:27 AM
seekingalpha.com logoJames River Group Holdings' (JRVR) CEO Adam Abram on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 18 at 10:07 AM
biz.yahoo.com logoQ4 2016 James River Group Holdings Ltd Earnings Release - After Market Close
us.rd.yahoo.com - February 17 at 6:03 PM
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Fin
us.rd.yahoo.com - February 17 at 6:03 PM
finance.yahoo.com logoEdited Transcript of JRVR earnings conference call or presentation 16-Feb-17 2:00pm GMT
finance.yahoo.com - February 17 at 1:01 PM
reuters.com logoBRIEF-James River Group posts Q4 adj. operating earnings $0.77/shr
www.reuters.com - February 16 at 5:46 PM
finance.yahoo.com logoJames River Group posts 4Q profit
finance.yahoo.com - February 16 at 5:46 PM
nasdaq.com logoJames River Group Holdings Announces Fourth Quarter and Year End Results
www.nasdaq.com - February 16 at 5:46 PM
finance.yahoo.com logoJames River Group Holdings, Ltd. (NASDAQ: “JRVR”) Announces Dates for Its 2016 Fourth Quarter Earnings Release and Conference Call
finance.yahoo.com - January 10 at 6:59 PM
wsj.com logoCFO Moves: United Community Banks, James River Group Holdings, TechTarget
blogs.wsj.com - December 21 at 6:57 PM
us.rd.yahoo.com logo4:08 pm James River Group appoints Sarah C. Doran as CFO; will join the co on January 16, 2017
us.rd.yahoo.com - December 20 at 11:38 AM
reuters.com logoBRIEF-James River Group Holdings entered into an amended and restated credit agreement
www.reuters.com - December 9 at 11:09 PM
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements
biz.yahoo.com - December 9 at 6:08 PM
investopedia.com logoWall Street Finding Profits in Block Trades as IPO Market Stalls (MS, C)
www.investopedia.com - December 8 at 6:40 PM
wsj.com logo[$$] Block Trades Build Steam as IPOs Stall
us.rd.yahoo.com - December 7 at 11:13 PM
finance.yahoo.com logoJames River Group Holdings Announces Closing of Secondary Offering
finance.yahoo.com - November 29 at 4:21 PM
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 29 at 4:21 PM
finance.yahoo.com logoIs Radian Group (RDN) Stock Worth Adding to Your Portfolio?
finance.yahoo.com - November 25 at 10:59 AM
biz.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements
biz.yahoo.com - November 18 at 5:23 PM
finance.yahoo.com logoJAMES RIVER GROUP HOLDINGS, LTD. Financials
finance.yahoo.com - November 16 at 6:02 PM
streetinsider.com logoJames River Group (JRVR) CFO Gregg Davis to Retire
www.streetinsider.com - November 16 at 9:25 AM
finance.yahoo.com logoJames River Group Holdings, Ltd. Announces Retirement of Chief Financial Officer
finance.yahoo.com - November 15 at 6:21 PM
finance.yahoo.com logoAIG Restructuring Continues with Japan Life Business Sale
finance.yahoo.com - November 15 at 9:23 AM
finance.yahoo.com logoJames River Group downgraded by Keefe Bruyette
finance.yahoo.com - November 14 at 5:59 PM
finance.yahoo.com logoMetLife Board Okays $3B Share Buyback; Hits 52-Week High
finance.yahoo.com - November 11 at 8:03 AM
seekingalpha.com logoJames River Group Holdings' (JRVR) CEO Adam Abram on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 4 at 8:34 AM
finance.yahoo.com logo4:40 pm James River Group beats by $0.01, beats on revs; reaffirms 2016 guidance; declares special dividend
finance.yahoo.com - November 2 at 6:01 PM
biz.yahoo.com logoQ3 2016 James River Group Holdings Ltd Earnings Release - After Market Close
biz.yahoo.com - November 2 at 9:15 AM
zacks.com logoAmerican International's Strategic Divestures to Fuel Growth
www.zacks.com - September 27 at 10:24 AM
finance.yahoo.com logoKemper (KMPR) Appoints James J. McKinney as New CFO
finance.yahoo.com - September 22 at 3:59 PM
finance.yahoo.com logoPrudential Set to Grow on Core Strength; Low Interest a Drag
finance.yahoo.com - September 16 at 5:37 PM
finance.yahoo.com logoAssurant Eyes Long-Term Growth; Low Interest Rates a Drag
finance.yahoo.com - September 6 at 10:32 AM

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Frequently Asked Questions for James River Group Holdings Ltd (NASDAQ:JRVR)

What is James River Group Holdings Ltd's stock symbol?

James River Group Holdings Ltd trades on the NASDAQ under the ticker symbol "JRVR."

How often does James River Group Holdings Ltd pay dividends? What is the dividend yield for James River Group Holdings Ltd?

James River Group Holdings Ltd announced a quarterly dividend on Friday, February 17th. Investors of record on Monday, March 13th will be given a dividend of $0.30 per share on Friday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 2.97%. The ex-dividend date is Thursday, March 9th. This is a positive change from James River Group Holdings Ltd's previous quarterly dividend of $0.20.

How were James River Group Holdings Ltd's earnings last quarter?

James River Group Holdings Ltd (NASDAQ:JRVR) posted its quarterly earnings data on Wednesday, November, 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm earned $151.40 million during the quarter, compared to the consensus estimate of $151.86 million. James River Group Holdings Ltd had a net margin of 11.34% and a return on equity of 9.22%. James River Group Holdings Ltd's quarterly revenue was up 13.7% on a year-over-year basis. During the same period last year, the business earned $0.65 earnings per share.

When will James River Group Holdings Ltd make its next earnings announcement?

James River Group Holdings Ltd is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Where is James River Group Holdings Ltd's stock going? Where will James River Group Holdings Ltd's stock price be in 2017?

3 brokers have issued 1-year price targets for James River Group Holdings Ltd's shares. Their forecasts range from $40.00 to $52.00. On average, they expect James River Group Holdings Ltd's stock price to reach $44.00 in the next twelve months.

What are analysts saying about James River Group Holdings Ltd stock?

Here are some recent quotes from research analysts about James River Group Holdings Ltd stock:

  • 1. BMO Capital Markets analysts commented, "We now forecast a +21% operating return on tangible equity in 2018, which is aided by premium growth, fee income expansion, and consistent underwriting. We believe that these factors, in conjunction with management's low-risk appetite, lead to a premium valuation compared to peers." (2/21/2017)
  • 2. According to Zacks Investment Research, "James River Group Holdings, Ltd. is an insurance company which own and operate specialty insurance and reinsurance companies. The Company operates through Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance segments. James River Group Holdings, Ltd. is based in Hamilton, Bermuda. " (1/20/2017)

When did James River Group Holdings Ltd IPO?

(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 acted as the underwriters for the IPO and KeyBanc Capital Markets, SunTrust Robinson Humphrey and Scotiabank were co-managers.

Who owns James River Group Holdings Ltd stock?

James River Group Holdings Ltd's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (9.19%), Frontier Capital Management Co. LLC (5.03%), State Street Corp (0.88%), RK Capital Management LLC (0.78%), Dimensional Fund Advisors LP (0.68%) and Cortina Asset Management LLC (0.41%). Company insiders that own James River Group Holdings Ltd stock include Bryan Martin, J Adam Abram and Steven J Hartman.

Who sold James River Group Holdings Ltd stock? Who is selling James River Group Holdings Ltd stock?

James River Group Holdings Ltd's stock was sold by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, FMR LLC, Pitcairn Co. and O Shaughnessy Asset Management LLC. Company insiders that have sold James River Group Holdings Ltd stock in the last year include Bryan Martin and Steven J Hartman.

Who bought James River Group Holdings Ltd stock? Who is buying James River Group Holdings Ltd stock?

James River Group Holdings Ltd's stock was purchased by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Dimensional Fund Advisors LP, Frontier Capital Management Co. LLC, Two Sigma Investments LP, Putnam Investments LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Marshall Wace LLP and Royce & Associates LP.

How do I buy James River Group Holdings Ltd stock?

Shares of James River Group Holdings Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of James River Group Holdings Ltd stock cost?

One share of James River Group Holdings Ltd stock can currently be purchased for approximately $40.42.

James River Group Holdings Ltd (JRVR) Chart for Saturday, March, 25, 2017

This page was last updated on 3/25/2017 by MarketBeat.com Staff