James River Group Holdings Company Profile (NASDAQ:JRVR)

About James River Group Holdings (NASDAQ:JRVR)

James River Group Holdings logoJames River Group Holdings, Ltd. (JRG Holdings) is an insurance and reinsurance holding company. 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 commercial excess and surplus lines liability and excess property insurance products. The Specialty Admitted Insurance segment offers workers' compensation insurance coverage, as well as specialty admitted fronting and program business. The Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to the United States insurance companies and to its the United States-based insurance subsidiaries. The Corporate and Other segment consists of certain management and treasury activities of James River Group, Inc., James River Group Holdings UK Limited and JRG Holdings. It owns six insurance companies focused on specialty insurance niches and a reinsurance company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:JRVR
  • CUSIP: N/A
  • Web: www.jrgh.net
Capitalization:
  • Market Cap: $1.17 billion
  • Outstanding Shares: 29,344,000
Average Prices:
  • 50 Day Moving Avg: $40.72
  • 200 Day Moving Avg: $41.17
  • 52 Week Range: $31.77 - $46.20
P/E:
  • Trailing P/E Ratio: 15.01
  • Foreward P/E Ratio: 14.67
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $631.3 million
  • Price / Sales: 1.86
  • Book Value: $24.14 per share
  • Price / Book: 1.66
Dividend:
  • Annual Dividend: $1.20
  • Dividend Yield: 3.0%
Profitability:
  • EBIDTA: $97.3 million
  • Net Margins: 12.69%
  • Return on Equity: 10.59%
  • Return on Assets: 3.28%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 0.22%
  • Quick Ratio: 0.22%
Misc:
  • Average Volume: 147,139 shs.
  • Beta: 0.56
  • Short Ratio: 0.78
 

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

What is James River Group Holdings' stock symbol?

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

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

James River Group Holdings declared a quarterly dividend on Monday, May 8th. Stockholders of record on Monday, June 12th will be paid a dividend of $0.30 per share on Friday, June 30th. This represents a $1.20 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Thursday, June 8th. View James River Group Holdings' Dividend History.

How were James River Group Holdings' earnings last quarter?

James River Group Holdings, Ltd. (NASDAQ:JRVR) issued its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.55 by $0.03. The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $154.06 million. James River Group Holdings had a net margin of 12.69% and a return on equity of 10.59%. The company's revenue for the quarter was up 34.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. View James River Group Holdings' Earnings History.

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

3 brokerages have issued 12-month price objectives for James River Group Holdings' stock. Their predictions range from $40.00 to $52.00. On average, they expect James River Group Holdings' share price to reach $44.00 in the next year. View Analyst Ratings for James River Group Holdings.

What are analysts saying about James River Group Holdings stock?

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

  • 1. 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. " (5/26/2017)
  • 2. 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)

Who are some of James River Group Holdings' key competitors?

Who are James River Group Holdings' key executives?

James River Group Holdings' management team includes the folowing people:

  • J. Adam Abram, Chairman of the Board, Chief Executive Officer
  • Robert P. Myron, President, Chief Operating Officer, Director
  • Sarah C. Doran, Chief Financial Officer
  • Steven J. Hartman, President and Chief Executive Officer of the Specialty Admitted Insurance segment
  • Dennis Johnson, President and Chief Underwriting Officer of the Casualty Reinsurance segment
  • Richard Schmitzer, President and Chief Executive Officer of Excess and Surplus Lines segment
  • Michael T. Oakes, Director
  • Bryan R. Martin, Independent Director
  • Jerry R. Masters, Independent Director
  • Robert J. Pelosky Jr., Independent Director

When did James River Group Holdings IPO?

(JRVR) raised $253 million in an IPO on Friday, December 12th 2014. The company issued 11,000,000 shares at $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 owns James River Group Holdings stock?

James River Group Holdings' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (8.96%), Frontier Capital Management Co. LLC (5.37%), Wellington Management Group LLP (3.80%), Vanguard Group Inc. (2.40%), OppenheimerFunds Inc. (2.17%) and Victory Capital Management Inc. (1.93%). Company insiders that own James River Group Holdings stock include Bryan Martin and Steven J Hartman. View Institutional Ownership Trends for James River Group Holdings.

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

James River Group Holdings' stock was sold by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Principal Financial Group Inc., Morgan Stanley, Bank of New York Mellon Corp, Wellington Management Group LLP, Citadel Advisors LLC, FMR LLC and Cortina Asset Management LLC. Company insiders that have sold James River Group Holdings stock in the last year include Bryan Martin and Steven J Hartman. View Insider Buying and Selling for James River Group Holdings.

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

James River Group Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, American Century Companies Inc., Dimensional Fund Advisors LP, Peregrine Capital Management LLC, Vanguard Group Inc., Renaissance Technologies LLC, Royce & Associates LP and TIAA CREF Investment Management LLC. View Insider Buying and Selling for James River Group Holdings.

How do I buy James River Group Holdings stock?

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

What is James River Group Holdings' stock price today?

One share of James River Group Holdings stock can currently be purchased for approximately $40.04.


MarketBeat Community Rating for James River Group Holdings (NASDAQ JRVR)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  124
MarketBeat's community ratings are surveys of what our community members think about James River Group Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for James River Group Holdings (NASDAQ:JRVR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $44.00 (9.89% upside)

Analysts' Ratings History for James River Group Holdings (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 6/27/2015 forward)

Earnings

Earnings History for James River Group Holdings (NASDAQ:JRVR)
Earnings by Quarter for James River Group Holdings (NASDAQ:JRVR)
Earnings History by Quarter for James River Group Holdings (NASDAQ JRVR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/20173/31/2017$0.55$0.58$154.06 million$176.40 millionViewListenView Earnings Details
2/15/201712/31/2016$0.65$0.77$119.43 million$196.02 millionViewListenView Earnings Details
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 (NASDAQ:JRVR)
2017 EPS Consensus Estimate: $2.55
2018 EPS Consensus Estimate: $2.85
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$0.63$0.63$0.63
Q2 20181$0.58$0.58$0.58
Q3 20181$0.76$0.76$0.76
Q4 20181$0.88$0.88$0.88
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for James River Group Holdings (NASDAQ:JRVR)
Next Dividend:6/30/2017
Annual Dividend:$1.20
Dividend Yield:3.00%
Payout Ratio:45.11% (Trailing 12 Months of Earnings)
47.43% (Based on This Year's Estimates)
43.96% (Based on Next Year's Estimates)
Dividend Payments by Quarter for James River Group Holdings (NASDAQ:JRVR)

Dividend History by Quarter for James River Group Holdings (NASDAQ JRVR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.302.9%6/8/20176/12/20176/30/2017
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 (NASDAQ:JRVR)
Insider Ownership Percentage: 41.00%
Institutional Ownership Percentage: 93.91%
Insider Trades by Quarter for James River Group Holdings (NASDAQ:JRVR)
Institutional Ownership by Quarter for James River Group Holdings (NASDAQ:JRVR)
Insider Trades by Quarter for James River Group Holdings (NASDAQ:JRVR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/5/2017Bryan MartinDirectorSell4,250,000$39.41$167,492,500.00View SEC Filing  
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 (NASDAQ:JRVR)
Latest Headlines for James River Group Holdings (NASDAQ:JRVR)
Source:
DateHeadline
americanbankingnews.com logoJames River Group Holdings (JRVR) & Radian Group (RDN) Head-To-Head Comparison
www.americanbankingnews.com - June 23 at 2:04 PM
reuters.com logoBRIEF-James River Group Holdings and its unit, JRG Reinsurance Company enters into a first amendment
www.reuters.com - June 13 at 5:52 PM
americanbankingnews.com logoAnalyzing James River Group Holdings (JRVR) & Maiden Holdings (MHLD)
www.americanbankingnews.com - June 11 at 7:52 AM
finance.yahoo.com logoJames River Group Holdings Ltd. : JRVR-US: Dividend Analysis : June 12th, 2017 (record date) : By the numbers : June 8, 2017
finance.yahoo.com - June 8 at 7:03 PM
finance.yahoo.com logoJames River Group Holdings, Ltd. (NASDAQ: “JRVR”) Will Pay Quarterly Dividend
finance.yahoo.com - June 7 at 5:43 PM
americanbankingnews.com logoBryan Martin Sells 4,250,000 Shares of James River Group Holdings Ltd (JRVR) Stock
www.americanbankingnews.com - June 7 at 4:26 PM
finance.yahoo.com logoETFs with exposure to James River Group Holdings Ltd. : June 2, 2017
finance.yahoo.com - June 2 at 7:31 PM
streetinsider.com logoJames River Group (JRVR) Offering 4.25 Million Shares For Shareholders, Proceeds Going To Selling Shareholders
www.streetinsider.com - May 30 at 10:53 PM
reuters.com logoBRIEF-James River Group Holdings announces secondary offering
www.reuters.com - May 30 at 5:53 PM
americanbankingnews.com logoJames River Group Holdings Ltd (JRVR) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 26 at 11:38 PM
finance.yahoo.com logoAIG's Ratings Removed From Under Review Status by A.M. Best
finance.yahoo.com - May 24 at 11:21 AM
finance.yahoo.com logoLoews Corp (L) Closes Consolidated Container Buyout
finance.yahoo.com - May 23 at 5:41 PM
finance.yahoo.com logoHere's Why You Should Retain CNO Financial (CNO) Stock
finance.yahoo.com - May 22 at 10:34 AM
finance.yahoo.com logoETFs with exposure to James River Group Holdings Ltd. : May 19, 2017
finance.yahoo.com - May 19 at 5:49 PM
finance.yahoo.com logoJames River Group Holdings Ltd. :JRVR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 19 at 10:39 AM
finance.yahoo.com logoPRA Group (PRAA) Divests Govt. Business, Earnings Suffer
finance.yahoo.com - May 19 at 10:39 AM
finance.yahoo.com logoChina Life Revenue Growth Solid, Rising Costs Raise Concerns
finance.yahoo.com - May 17 at 6:02 PM
finance.yahoo.com logoJames River Group Holdings Ltd. breached its 50 day moving average in a Bearish Manner : JRVR-US : May 9, 2017
finance.yahoo.com - May 9 at 12:11 PM
americanbankingnews.com logoJames River Group Holdings Ltd (JRVR) to Issue Quarterly Dividend of $0.30
www.americanbankingnews.com - May 8 at 5:44 PM
americanbankingnews.com logoSunTrust Banks Brokers Increase Earnings Estimates for James River Group Holdings Ltd (JRVR)
www.americanbankingnews.com - May 8 at 10:00 AM
finance.yahoo.com logoEdited Transcript of JRVR earnings conference call or presentation 4-May-17 12:00pm GMT
finance.yahoo.com - May 4 at 11:16 PM
finance.yahoo.com logoJames River Group posts 1Q profit
finance.yahoo.com - May 4 at 12:26 PM
finance.yahoo.com logoInvestor Network: James River Group Holdings Ltd to Host Earnings Call
finance.yahoo.com - May 4 at 12:26 PM
americanbankingnews.com logoJames River Group Holdings (JRVR) Earning Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - May 4 at 8:56 AM
finance.yahoo.com logoJames River Group Holdings, Ltd. Announces First Quarter Results
finance.yahoo.com - May 3 at 10:02 PM
finance.yahoo.com logoUPDATE -- James River Group Holdings, Ltd. Announces First Quarter Results
finance.yahoo.com - May 3 at 10:02 PM
americanbankingnews.com logoJames River Group Holdings (JRVR) Earns News Impact Score of 0.21
www.americanbankingnews.com - April 30 at 3:04 PM
americanbankingnews.com logoJames River Group Holdings (JRVR) Given Daily News Impact Rating of 0.34
www.americanbankingnews.com - April 28 at 12:12 AM
americanbankingnews.com logoJames River Group Holdings Ltd (JRVR) Short Interest Down 1.1% in April
www.americanbankingnews.com - April 26 at 5:34 PM
americanbankingnews.com logoJames River Group Holdings (JRVR) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 24 at 3:18 PM
finance.yahoo.com logoJames River Group Holdings Ltd. breached its 50 day moving average in a Bullish Manner : JRVR-US : April 24, 2017
finance.yahoo.com - April 24 at 11:31 AM
americanbankingnews.com logoJames River Group Holdings Ltd (JRVR) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 23 at 9:56 PM
streetinsider.com logoForm DEFA14A James River Group Holdin
www.streetinsider.com - April 22 at 5:36 PM
americanbankingnews.com logoJames River Group Holdings (JRVR) Earning Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 13 at 11:09 AM
finance.yahoo.com logoJames River Group Holdings, Ltd. (NASDAQ: “JRVR”) Announces Dates for Its 2017 First Quarter Earnings Release and Conference Call
finance.yahoo.com - April 12 at 7:03 PM
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

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Chart

James River Group Holdings (JRVR) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by MarketBeat.com Staff