NASDAQ:JRVRJames River Group Stock Price, Forecast & News

$39.56

+0.38 (+0.97 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$38.64

Now: $39.56▼

$39.89

50-Day Range

$29.55

MA: $34.90▼

$39.18

52-Week Range

$25.34

Now: $39.56▼

$52.18

Volume104,186 shs

Average Volume189,795 shs

Market Capitalization$1.21 billion

P/E RatioN/A

Dividend Yield3.06%

Beta0.48

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. Its 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 company's 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 in North Carolina, Tennessee, Virginia, South Carolina, Georgia, New Jersey, Missouri, Kansas, Pennsylvania, Massachusetts, Rhode Island, Alabama, Connecticut, and Mississippi. Its 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^™

1.1 Analyst's Opinion

Consensus Rating
James River Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.67, James River Group has a potential upside of 0.3% from its current price of $39.56.
Amount of Analyst Coverage
James River Group has only been the subject of 3 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
James River Group has received 308 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
James River Group has received 273 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
James River Group has received 53.01% “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.

2.5 Dividend Strength

Dividend Leadership
James River Group is a leading dividend payer. It pays a dividend yield of 3.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
James River Group does not have a long track record of dividend growth.
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 53.33 % next year. This indicates that James River Group will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, James River Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,091,635.00 in company stock and sold $0.00 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
95.71% 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.

0.6 Earnings and Valuation

Earnings Growth
Earnings for James River Group are expected to grow by 10.84% in the coming year, from $2.03 to $2.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of James River Group is -55.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of James River Group is -55.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
James River Group has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.19 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

Debt

Debt-to-Equity Ratio0.38

Current Ratio0.78

Quick Ratio0.78

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio19.49

P/E GrowthN/A

Sales & Book Value

Annual Sales$907.13 million

Price / Sales1.33

Cash Flow$4.47 per share

Price / Cash Flow8.85

Book Value$25.61 per share

Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$1.40

Net Income$38.34 million

Net Margins-2.27%

Return on Equity4.79%

Return on Assets0.86%

Miscellaneous

Employees750

Outstanding Shares30,520,000

Market Cap$1.21 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableNot Optionable

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James River Group (NASDAQ:JRVR) Frequently Asked Questions

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

James River Group's stock was trading at $37.07 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, JRVR stock has increased by 6.7% and is now trading at $39.56. View which stocks have been most impacted by Coronavirus.

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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for James River Group.

When is James River Group's next earnings date?

James River Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. 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 Wednesday, April, 29th. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.03. The insurance provider had revenue of $110.28 million for the quarter, compared to analyst estimates of $181.70 million. James River Group had a positive return on equity of 4.79% and a negative net margin of 2.27%. 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 announced a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 15th will be paid a dividend of $0.30 per share on Tuesday, June 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Friday, June 12th. View James River Group's dividend history.

What price target have analysts set for JRVR?

4 brokers have issued 1-year target prices for James River Group's shares. Their forecasts range from $37.00 to $42.00. On average, they anticipate James River Group's share price to reach $39.67 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price. View analysts' price targets for James River Group.

Has James River Group been receiving favorable news coverage?

Press coverage about JRVR stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. James River Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutJames River Group.

Are investors shorting James River Group?

James River Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 484,400 shares, an increase of 8.4% from the April 30th total of 446,800 shares. Based on an average daily volume of 186,400 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.6% of the company's shares are short sold. View James River Group's Current Options Chain.

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

Some companies that are related to James River Group include Kemper (KMPR), Hanover Insurance Group (THG), RLI (RLI), Kinsale Capital Group (KNSL), Enstar Group (ESGR), Selective Insurance Group (SIGI), Axis Capital (AXS), White Mountains Insurance Group (WTM), National General (NGHC), Mercury General (MCY), Palomar (PLMR), Horace Mann Educators (HMN), Amerisafe (AMSF), Safety Insurance Group (SAFT) and Employers (EIG). 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 AbbVie (ABBV), Enphase Energy (ENPH), JPMorgan Chase & Co. (JPM), Vertex Pharmaceuticals (VRTX), Adobe (ADBE), Enterprise Products Partners (EPD), Loews (L), Verizon Communications (VZ), Activision Blizzard (ATVI) and Boeing (BA).

Who are James River Group's key executives?

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

Mr. Robert Patrick Myron, Pres, CEO & Director (Age 50)
Ms. Sarah Casey Doran, Chief Financial Officer (Age 45)
Mr. Richard John Schmitzer, Pres & CEO of the Excess and Surplus Lines Segment (Age 63)
Mr. Daniel Heinlein, Pres & CEO of the Casualty Reinsurance Division (Age 33)
Mr. Kevin B. Copeland, SVP Fin. & Chief Investment Officer

When did James River Group IPO?

(JRVR) raised $253 million in an initial public offering (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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.47%), Wellington Management Group LLP (9.54%), Principal Financial Group Inc. (7.25%), Champlain Investment Partners LLC (4.03%), Frontier Capital Management Co. LLC (3.35%) and State Street Corp (3.08%). Company insiders that own James River Group stock include J Adam Abram, Janet Raye Cowell, Michael E Crow 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 Principal Financial Group Inc., Mountain Road Advisors LLC, Frontier Capital Management Co. LLC, WINTON GROUP Ltd, Morgan Stanley, Morgan Stanley, Citigroup Inc., and Deprince Race & Zollo Inc.. View insider buying and selling activity for James River Group.

Which institutional investors are buying James River Group stock?

JRVR stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Fuller & Thaler Asset Management Inc., Driehaus Capital Management LLC, Advisory Research Inc., PhiloSmith Capital Corp, State Street Corp, and Assenagon Asset Management S.A.. 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 $39.56.

How big of a company is James River Group?

James River Group has a market capitalization of $1.21 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 750 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 6/4/2020 by MarketBeat.com Staff