NASDAQ:JRVR

James River Group Stock Forecast, Price & News

$45.89

-0.12 (-0.26 %)

(As of 12/2/2020 04:30 PM ET)

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Today's Range

$44.90

Now: $45.89▼

$46.45

50-Day Range

$45.58

MA: $49.16▼

$55.22

52-Week Range

$25.34

Now: $45.89▼

$57.41

Volume190,628 shs

Average Volume182,871 shs

Market Capitalization$1.40 billion

P/E Ratio31.22

Dividend Yield2.61%

Beta0.51

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance on an excess and surplus commercial lines basis in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, goods and services, light manufacturing, specialty transportation, agriculture, and fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and unaffiliated insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
James River Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.50, James River Group has a forecasted upside of 16.8% from its current price of $45.82.
Amount of Analyst Coverage
James River Group has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
James River Group has received 319 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
James River Group has received 283 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
James River Group has received 52.99% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about James River Group and other stocks. Vote “Outperform” if you believe JRVR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe JRVR will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
James River Group pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
James River Group has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of James River Group is 85.71%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, James River Group will have a dividend payout ratio of 48.00% next year. This indicates that James River Group will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, James River Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $34,148.00 in company stock.
Percentage Held by Insiders
Only 3.50% of the stock of James River Group is held by insiders.
Percentage Held by Institutions
82.82% of the stock of James River Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for James River Group are expected to grow by 15.74% in the coming year, from $2.16 to $2.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of James River Group is 31.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of James River Group is 31.17, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 21.31.
Price to Book Value per Share Ratio
James River Group has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.01 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Fire, marine, & casualty insurance

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:JRVR

Previous Symbol

CUSIPN/A

CIK1620459

Webwww.jrgh.net

Phone441-278-4580

Employees800

Debt

Debt-to-Equity Ratio0.26

Current Ratio0.67

Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio31.22

Forward P/E Ratio21.25

P/E GrowthN/A

Sales & Book Value

Annual Sales$907.13 million

Price / Sales1.55

Cash Flow$4.20 per share

Price / Cash Flow10.93

Book Value$26.83 per share

Price / Book1.71

Profitability

EPS (Most Recent Fiscal Year)$1.40

Net Income$38.34 million

Net Margins6.37%

Return on Equity9.43%

Return on Assets1.47%

Miscellaneous

Outstanding Shares30,610,000

Market Cap$1.40 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableNot Optionable

$45.89

-0.12 (-0.26 %)

(As of 12/2/2020 04:30 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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James River Group (NASDAQ:JRVR) Frequently Asked Questions

How has James River Group's stock been impacted by Coronavirus (COVID-19)?

James River Group's stock was trading at $37.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, JRVR stock has increased by 24.1% and is now trading at $46.00.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of James River Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for James River Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for James River Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than James River Group?

Wall Street analysts have given James River Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but James River Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is James River Group's next earnings date?

James River Group is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for James River Group.

How were James River Group's earnings last quarter?

James River Group Holdings, Ltd. (NASDAQ:JRVR) posted its earnings results on Tuesday, November, 3rd. The insurance provider reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.06. The insurance provider had revenue of $177.47 million for the quarter, compared to the consensus estimate of $184 million. James River Group had a return on equity of 9.43% and a net margin of 6.37%.
View James River Group's earnings history.

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

James River Group declared a quarterly dividend on Wednesday, October 28th. Investors of record on Monday, December 14th will be paid a dividend of $0.30 per share on Thursday, December 31st. This represents a $1.20 annualized dividend and a yield of 2.61%. The ex-dividend date is Friday, December 11th.
View James River Group's dividend history.

What price target have analysts set for JRVR?

4 equities research analysts have issued 1 year price targets for James River Group's shares. Their forecasts range from $40.00 to $65.00. On average, they anticipate James River Group's stock price to reach $53.50 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts' price targets for James River Group.

Are investors shorting James River Group?

James River Group saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 426,000 shares, a drop of 20.0% from the October 31st total of 532,500 shares. Based on an average daily volume of 173,100 shares, the short-interest ratio is currently 2.5 days. Approximately 1.4% of the shares of the stock are short sold.
View James River Group's Short Interest.

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

Some companies that are related to James River Group include Kinsale Capital Group (KNSL), Kemper (KMPR), RLI (RLI), AXIS Capital (AXS), The Hanover Insurance Group (THG), Enstar Group (ESGR), National General (NGHC), Selective Insurance Group (SIGI), Lemonade (LMND), White Mountains Insurance Group (WTM), Mercury General (MCY), Palomar (PLMR), Horace Mann Educators (HMN), Sirius International Insurance Group (SG) and Safety Insurance Group (SAFT).
View all competitors.

What other stocks do shareholders of James River Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other James River Group investors own include NVIDIA (NVDA), The 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).

Who are James River Group's key executives?

James River Group's management team includes the following people:

Mr. Robert Patrick Myron, Pres & COO (Age 51, Pay $1.21M)
Ms. Sarah Casey Doran, Chief Financial Officer (Age 46, Pay $909.51k)
Mr. Richard John Schmitzer, Pres & CEO of the Excess and Surplus Lines Segment (Age 64, Pay $748.86k)
Mr. Daniel Heinlein, Pres & CEO of the Casualty Reinsurance Division (Age 34, Pay $815.55k)
Mr. Terence Michael McCafferty, CEO & Pres of Specialty Admitted Insurance Segment (Age 56, Pay $1.06M)
Mr. Frank N. D'Orazio, CEO & Director (Age 51)
Mr. Kevin B. Copeland, SVP Fin. & Chief Investment Officer

When did James River Group 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 acted as the underwriters for the IPO and KeyBanc Capital Markets, SunTrust Robinson Humphrey and Scotiabank were co-managers.

What is James River Group's stock symbol?

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

Who are James River Group's major shareholders?

James River Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.31%), Principal Financial Group Inc. (6.41%), Champlain Investment Partners LLC (4.14%), State Street Corp (2.95%), Westwood Holdings Group Inc. (2.01%) and Royce & Associates LP (1.96%). Company insiders that own James River Group stock include Daniel Heinlein, J Adam Abram, Janet Raye Cowell, Michael E Crow, Robert Patrick Myron and Sarah C Doran.
View institutional ownership trends for James River Group.

Which institutional investors are selling James River Group stock?

JRVR stock was sold by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Principal Financial Group Inc., BlackRock Inc., Point72 Asset Management L.P., Royce & Associates LP, Allianz Asset Management GmbH, Victory Capital Management Inc., and State Street Corp. Company insiders that have sold James River Group company stock in the last year include Daniel Heinlein, Janet Raye Cowell, and Robert Patrick Myron.
View insider buying and selling activity for James River Group.

Which institutional investors are buying James River Group stock?

JRVR stock was acquired by a variety of institutional investors in the last quarter, including ExodusPoint Capital Management LP, Advisory Research Inc., JPMorgan Chase & Co., Comerica Bank, Skyline Asset Management LP, Jefferies Group LLC, New York State Common Retirement Fund, and Morgan Stanley. Company insiders that have bought James River Group stock in the last two years include J Adam Abram, Janet Raye Cowell, and Sarah C Doran.
View insider buying and selling activity for James River Group.

How do I buy shares of James River Group?

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

What is James River Group's stock price today?

One share of JRVR stock can currently be purchased for approximately $46.00.

How big of a company is James River Group?

James River Group has a market capitalization of $1.41 billion and generates $907.13 million in revenue each year. The insurance provider earns $38.34 million in net income (profit) each year or $1.40 on an earnings per share basis. James River Group employs 800 workers across the globe.

What is James River Group's official website?

The official website for James River Group is www.jrgh.net.

How can I contact James River Group?

James River Group's mailing address is 90 PITTS BAY ROAD 2ND FLOOR, PEMBROKE D0, HM 08. The insurance provider can be reached via phone at 441-278-4580 or via email at [email protected]

This page was last updated on 12/2/2020 by MarketBeat.com Staff

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