James River Group - JRVR Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for James River Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" JRVR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JRVR, but not buy additional shares or sell existing shares.
View JRVR analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12 month target prices for James River Group's stock. Their JRVR share price forecasts range from $24.00 to $28.50. On average, they predict the company's stock price to reach $26.25 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price.
View analysts price targets for JRVR or view top-rated stocks among Wall Street analysts.

James River Group's stock was trading at $20.91 at the beginning of 2023. Since then, JRVR stock has decreased by 2.1% and is now trading at $20.47.
View the best growth stocks for 2023 here.

James River Group saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 712,800 shares, a decline of 7.1% from the February 28th total of 767,200 shares. Based on an average daily trading volume, of 176,500 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.0% of the shares of the company are short sold.
View James River Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our JRVR earnings forecast.

James River Group Holdings, Ltd. (NASDAQ:JRVR) issued its quarterly earnings data on Monday, February, 27th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The insurance provider earned $225.71 million during the quarter, compared to the consensus estimate of $212.47 million. James River Group had a net margin of 3.16% and a trailing twelve-month return on equity of 12.58%. The company's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company earned ($1.81) earnings per share.

James River Group announced a quarterly dividend on Monday, February 27th. Stockholders of record on Monday, March 13th will be paid a dividend of $0.05 per share on Friday, March 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Friday, March 10th.
Read our dividend analysis for JRVR.

ETFs with the largest weight of James River Group (NASDAQ:JRVR) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), Invesco S&P SmallCap Financials ETF (PSCF), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Syntax Stratified SmallCap ETF (SSLY).iShares U.S. Insurance ETF (IAK),

James River Group (NASDAQ:JRVR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.97%. The dividend payout ratio is 33.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JRVR will have a dividend payout ratio of 8.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JRVR.

36 employees have rated James River Group Chief Executive Officer J. Adam Abram on Glassdoor.com. J. Adam Abram has an approval rating of 50% among the company's employees. This puts J. Adam Abram in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other James River Group investors own include NVIDIA (NVDA), Boeing (BA), General Motors (GM), Loews (L), Main Street Capital (MAIN), Overstock.com (OSTK), Tapestry (TPR), Vista Outdoor (VSTO), AbbVie (ABBV) and Avid Technology (AVID).

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

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

James River Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (9.57%), Fuller & Thaler Asset Management Inc. (4.42%), Jennison Associates LLC (3.02%), Dimensional Fund Advisors LP (2.78%), Morgan Stanley (2.64%) and Bernzott Capital Advisors (2.57%). Insiders that own company stock include Daniel Heinlein, Frank D'orazio, J Adam Abram, Janet Raye Cowell, Kirstin Gould, Robert Patrick Myron, Sarah C Doran and Thomas Lynn Brown.
View institutional ownership trends.

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

One share of JRVR stock can currently be purchased for approximately $20.47.

James River Group (NASDAQ:JRVR) has a market capitalization of $767.95 million and generates $813.70 million in revenue each year. The insurance provider earns $30.97 million in net income (profit) each year or $0.59 on an earnings per share basis.

The company employs 638 workers across the globe.

James River Group's mailing address is 90 PITTS BAY ROAD 2ND FLOOR, PEMBROKE D0, HM 08. The official website for the company is www.jrgh.net. The insurance provider can be reached via phone at (441) 278-4580 or via email at investorrelations@jrgh.net.