James 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: $1.17193 billion
- Outstanding Shares: 29,468,000
Average Prices:- 50 Day Moving Avg: $39.60
- 200 Day Moving Avg: $41.07
- 52 Week Range: $33.04 - $46.20
P/E:- Trailing P/E Ratio: 14.91
- Foreward P/E Ratio: 14.62
- 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: 1.65
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: 169,525 shs.
- Beta: 0.56
- Short Ratio: 0.96
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. Investors of record on Monday, June 12th will be given a dividend of $0.30 per share on Friday, June 30th. This represents a $1.20 dividend on an annualized basis and a yield of 3.02%. 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) posted its earnings results on Wednesday, May, 3rd. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.03. The firm earned $176.40 million during 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 quarterly revenue was up 34.3% on a year-over-year basis. During the same quarter last year, the business 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 brokers have issued 1 year price objectives for James River Group Holdings' shares. Their predictions range from $40.00 to $52.00. On average, they expect James River Group Holdings' stock 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. " (7/12/2017)
- 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?
Some companies that are related to James River Group Holdings include Saga PLC (SAGA), Argo Group International Holdings (AGII), OneBeacon Insurance Group (OB), The Navigators Group (NAVG), Lancashire Holdings Limited (LRE), Horace Mann Educators Corporation (HMN), Employers Holdings (EIG), MBIA (MBI), Esure Group PLC (ESUR), State Auto Financial Corporation (STFC), UNIVERSAL INSURANCE HOLDINGS INC (UVE), Kinsale Capital Group (KNSL), State National Companies (SNC), EMC Insurance Group (EMCI), First Financial Corporation Indiana (THFF), HCI Group (HCI), Donegal Group (DGICA) and Heritage Insurance Holdings (HRTG).
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
- Bryan R. Martin, Lead Independent Director
- Michael T. Oakes, Director
- Janet Cowell, Independent Director
- Jerry R. Masters, 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 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 stock?
James River Group Holdings' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include GW&K Investment Management LLC (1.54%), Peregrine Capital Management LLC (0.74%), PhiloSmith Capital Corp (0.15%), Capital One National Association (0.05%) and Bank of Montreal Can (0.02%). 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 Capital One National Association. 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?
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 $39.77.
MarketBeat Community Rating for James River Group Holdings (NASDAQ JRVR)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.
Consensus Ratings for James River Group Holdings (NASDAQ:JRVR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $44.00 (10.64% upside) |
Analysts' Ratings History for James River Group Holdings (NASDAQ:JRVR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/21/2017 | BMO Capital Markets | Boost Price Target | Outperform | $52.00 | N/A |  |
| 11/16/2016 | FBR & Co | Reiterated Rating | Buy | | N/A | |
| 11/14/2016 | Keefe, Bruyette & Woods | Downgrade | Outperform -> Market Perform | $38.00 -> $40.00 | N/A | |
| 12/11/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $33.00 -> $39.00 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for James River Group Holdings (NASDAQ:JRVR)Earnings History by Quarter for James River Group Holdings (NASDAQ JRVR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/3/2017 | 3/31/2017 | $0.55 | $0.58 | $154.06 million | $176.40 million | View | Listen | |
| 2/15/2017 | 12/31/2016 | $0.65 | $0.77 | $119.43 million | $196.02 million | View | Listen | |
| 11/2/2016 | Q316 | $0.71 | $0.72 | $151.86 million | $151.40 million | View | Listen | |
| 8/3/2016 | Q2 | $0.43 | $0.46 | $146.28 million | $134.51 million | View | Listen | |
| 5/4/2016 | Q1 | $0.42 | $0.43 | $116.53 million | $131.33 million | View | Listen | |
| 2/17/2016 | Q4 | $0.60 | $0.60 | $101.45 million | $125.10 million | View | Listen | |
| 11/4/2015 | Q3 | $0.61 | $0.65 | $144.66 million | $133.10 million | View | Listen | |
| 8/5/2015 | Q215 | $0.38 | $0.42 | $126.53 million | $120.23 million | View | Listen | |
| 5/6/2015 | Q115 | $0.36 | $0.40 | $125.80 million | $126.47 million | View | Listen | |
| 2/18/2015 | Q414 | $0.57 | $0.65 | $108.30 million | $128.70 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for James River Group Holdings (NASDAQ:JRVR)2017 EPS Consensus Estimate: $2.55
2018 EPS Consensus Estimate: $2.85
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.51 | $0.52 | $0.52 |
| Q2 2017 | 2 | $0.51 | $0.55 | $0.53 |
| Q3 2017 | 2 | $0.75 | $0.77 | $0.76 |
| Q4 2017 | 2 | $0.71 | $0.78 | $0.75 |
| Q1 2018 | 1 | $0.63 | $0.63 | $0.63 |
| Q2 2018 | 1 | $0.58 | $0.58 | $0.58 |
| Q3 2018 | 1 | $0.76 | $0.76 | $0.76 |
| Q4 2018 | 1 | $0.88 | $0.88 | $0.88 |
(Data provided by Zacks Investment Research)
Current Dividend Information for James River Group Holdings (NASDAQ:JRVR)| Most Recent Dividend: | 6/30/2017 |
| Annual Dividend: | $1.20 |
| Dividend Yield: | 3.02% |
| Payout Ratio: | 45.11% (Trailing 12 Months of Earnings)
47.24% (Based on This Year's Estimates)
44.12% (Based on Next Year's Estimates)
|
Dividend History by Quarter for James River Group Holdings (NASDAQ JRVR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/8/2017 | quarterly | $0.30 | 2.9% | 6/8/2017 | 6/12/2017 | 6/30/2017 |
| 2/17/2017 | quarterly | $0.30 | 2.73% | 3/9/2017 | 3/13/2017 | 3/31/2017 |
| 11/4/2016 | | $1.65 | | 12/14/2016 | 12/16/2016 | 12/29/2016 |
| 8/4/2016 | Quarterly | $0.20 | | 9/8/2016 | 9/12/2016 | 9/30/2016 |
| 5/5/2016 | Quarterly | $0.20 | | 6/9/2016 | 6/13/2016 | 6/30/2016 |
| 2/19/2016 | Quarterly | $0.20 | | 3/10/2016 | 3/14/2016 | 3/28/2016 |
| 11/5/2015 | Quarterly | $0.16 | | 12/10/2015 | 12/14/2015 | 12/28/2015 |
| 8/5/2015 | | $0.16 | | 9/10/2015 | 9/14/2015 | 9/30/2015 |
| 5/8/2015 | quarterly | $0.16 | 2.64% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 2/19/2015 | special | $0.16 | | 3/12/2015 | 3/16/2015 | 3/31/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for James River Group Holdings (NASDAQ:JRVR)Insider Ownership Percentage: 41.00%
Institutional Ownership Percentage: 94.58%
Insider Trades by Quarter for James River Group Holdings (NASDAQ:JRVR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/5/2017 | Bryan Martin | Director | Sell | 4,250,000 | $39.41 | $167,492,500.00 | |
| 12/12/2016 | Bryan Martin | Director | Sell | 450,000 | $38.00 | $17,100,000.00 | |
| 9/13/2016 | Steven J Hartman | CEO | Sell | 10,000 | $35.22 | $352,200.00 | |
| 6/3/2015 | J Adam Abram | CEO | Buy | 8,700 | $22.76 | $198,012.00 | |
| 12/30/2014 | E. Shaw Oculus Portfolios D. | Insider | Sell | 420,762 | $21.00 | $8,836,002.00 | |
| 12/17/2014 | E. Shaw Oculus Portfolios D. | Insider | Sell | 6,250,000 | $21.00 | $131,250,000.00 | |
| 12/17/2014 | Goldman Sachs Group Inc | Major Shareholder | Sell | 4,750,000 | $19.74 | $93,765,000.00 | |
| 12/17/2014 | Gregg T Davis | CFO | Buy | 23,809 | $21.00 | $499,989.00 | |
| 12/17/2014 | Jerry R Masters | Director | Buy | 17,000 | $21.00 | $357,000.00 | |
| 12/17/2014 | Robert Patrick Myron | COO | Buy | 47,619 | $21.00 | $999,999.00 | |
| 12/17/2014 | Steven J Hartman | CEO | Buy | 12,500 | $21.00 | $262,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for James River Group Holdings (NASDAQ:JRVR)
Latest Headlines for James River Group Holdings (NASDAQ:JRVR)
| Source: |
|
| Date | Headline |
|---|
 | Q2 2017 Earnings Forecast for James River Group Holdings, Ltd. Issued By FBR & Co (NASDAQ:JRVR)
www.americanbankingnews.com - July 12 at 7:38 AM |
| James River Group Holdings (JRVR) & Radian Group (RDN) Head-To-Head Comparison
www.americanbankingnews.com - June 23 at 2:04 PM |
 | BRIEF-James River Group Holdings and its unit, JRG Reinsurance Company enters into a first amendment
www.reuters.com - June 13 at 5:52 PM |
| Analyzing James River Group Holdings (JRVR) & Maiden Holdings (MHLD)
www.americanbankingnews.com - June 11 at 7:52 AM |
 | James 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 |
| James River Group Holdings, Ltd. (NASDAQ: “JRVR”) Will Pay Quarterly Dividend
finance.yahoo.com - June 7 at 5:43 PM |
| Bryan Martin Sells 4,250,000 Shares of James River Group Holdings Ltd (JRVR) Stock
www.americanbankingnews.com - June 7 at 4:26 PM |
| ETFs with exposure to James River Group Holdings Ltd. : June 2, 2017
finance.yahoo.com - June 2 at 7:31 PM |
 | James River Group (JRVR) Offering 4.25 Million Shares For Shareholders, Proceeds Going To Selling Shareholders
www.streetinsider.com - May 30 at 10:53 PM |
| BRIEF-James River Group Holdings announces secondary offering
www.reuters.com - May 30 at 5:53 PM |
| James River Group Holdings Ltd (JRVR) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 26 at 11:38 PM |
| AIG's Ratings Removed From Under Review Status by A.M. Best
finance.yahoo.com - May 24 at 11:21 AM |
| Loews Corp (L) Closes Consolidated Container Buyout
finance.yahoo.com - May 23 at 5:41 PM |
| Here's Why You Should Retain CNO Financial (CNO) Stock
finance.yahoo.com - May 22 at 10:34 AM |
| ETFs with exposure to James River Group Holdings Ltd. : May 19, 2017
finance.yahoo.com - May 19 at 5:49 PM |
| James 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 |
| PRA Group (PRAA) Divests Govt. Business, Earnings Suffer
finance.yahoo.com - May 19 at 10:39 AM |
| China Life Revenue Growth Solid, Rising Costs Raise Concerns
finance.yahoo.com - May 17 at 6:02 PM |
| James 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 |
| James River Group Holdings Ltd (JRVR) to Issue Quarterly Dividend of $0.30
www.americanbankingnews.com - May 8 at 5:44 PM |
| SunTrust Banks Brokers Increase Earnings Estimates for James River Group Holdings Ltd (JRVR)
www.americanbankingnews.com - May 8 at 10:00 AM |
| Edited Transcript of JRVR earnings conference call or presentation 4-May-17 12:00pm GMT
finance.yahoo.com - May 4 at 11:16 PM |
| James River Group posts 1Q profit
finance.yahoo.com - May 4 at 12:26 PM |
| Investor Network: James River Group Holdings Ltd to Host Earnings Call
finance.yahoo.com - May 4 at 12:26 PM |
| James River Group Holdings (JRVR) Earning Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - May 4 at 8:56 AM |
| James River Group Holdings, Ltd. Announces First Quarter Results
finance.yahoo.com - May 3 at 10:02 PM |
| UPDATE -- James River Group Holdings, Ltd. Announces First Quarter Results
finance.yahoo.com - May 3 at 10:02 PM |
| James River Group Holdings (JRVR) Earns News Impact Score of 0.21
www.americanbankingnews.com - April 30 at 3:04 PM |
| James River Group Holdings (JRVR) Given Daily News Impact Rating of 0.34
www.americanbankingnews.com - April 28 at 12:12 AM |
| James River Group Holdings Ltd (JRVR) Short Interest Down 1.1% in April
www.americanbankingnews.com - April 26 at 5:34 PM |
| James River Group Holdings (JRVR) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 24 at 3:18 PM |
| James 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 |
| James River Group Holdings Ltd (JRVR) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 23 at 9:56 PM |
| Form DEFA14A James River Group Holdin
www.streetinsider.com - April 22 at 5:36 PM |
| James River Group Holdings (JRVR) Earning Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 13 at 11:09 AM |
| James 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 |
| JAMES RIVER GROUP HOLDINGS, LTD. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 7:19 PM |
| JAMES 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 |
| Enstar Group (ESGR) to Sell Affiliate to Global Bankers Unit
finance.yahoo.com - February 20 at 10:27 AM |
 | James River Group Holdings' (JRVR) CEO Adam Abram on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 18 at 10:07 AM |
| Q4 2016 James River Group Holdings Ltd Earnings Release - After Market Close
us.rd.yahoo.com - February 17 at 6:03 PM |
| JAMES 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 |
| Edited Transcript of JRVR earnings conference call or presentation 16-Feb-17 2:00pm GMT
finance.yahoo.com - February 17 at 1:01 PM |
| BRIEF-James River Group posts Q4 adj. operating earnings $0.77/shr
www.reuters.com - February 16 at 5:46 PM |
| James River Group posts 4Q profit
finance.yahoo.com - February 16 at 5:46 PM |
 | James River Group Holdings Announces Fourth Quarter and Year End Results
www.nasdaq.com - February 16 at 5:46 PM |
| James 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 |
 | CFO Moves: United Community Banks, James River Group Holdings, TechTarget
blogs.wsj.com - December 21 at 6:57 PM |
 | 4:08 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 |
| BRIEF-James River Group Holdings entered into an amended and restated credit agreement
www.reuters.com - December 9 at 11:09 PM |
James River Group Holdings (JRVR) Chart for Monday, July, 24, 2017
