James River Group (JRVR) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for James River Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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.
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3 analysts have issued 1-year price objectives for James River Group's shares. Their JRVR share price forecasts range from $21.00 to $32.00. On average, they predict the company's share price to reach $27.38 in the next year. This suggests a possible upside of 43.0% from the stock's current price.
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James River Group's stock was trading at $20.91 at the beginning of the year. Since then, JRVR stock has decreased by 8.5% and is now trading at $19.14.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our JRVR earnings forecast.

James River Group Holdings, Ltd. (NASDAQ:JRVR) released its quarterly earnings results on Tuesday, May, 2nd. The insurance provider reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.04. The insurance provider earned $235.60 million during the quarter, compared to analysts' expectations of $218.45 million. James River Group had a trailing twelve-month return on equity of 14.57% and a net margin of 2.97%. The company's revenue was up 16.7% on a year-over-year basis. During the same period last year, the firm earned $0.37 EPS.

James River Group announced a quarterly dividend on Tuesday, May 30th. Investors of record on Monday, June 12th will be paid a dividend of $0.05 per share on Friday, June 30th. This represents a $0.20 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Friday, June 9th.
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), 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 0.99%. The dividend payout ratio is 38.46%. 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.58%), Champlain Investment Partners LLC (5.30%), Wellington Management Group LLP (3.81%), State Street Corp (3.65%), Dimensional Fund Advisors LP (3.17%) and Jennison Associates LLC (3.06%). 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.
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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.
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One share of JRVR stock can currently be purchased for approximately $19.14.

James River Group (NASDAQ:JRVR) has a market capitalization of $720.05 million and generates $813.70 million in revenue each year. The insurance provider earns $30.97 million in net income (profit) each year or $0.52 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.