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 property and liability 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 residential contractors, light manufacturing operations, transportation workers, healthcare workers, and fronting and program business in North Carolina, Georgia, New Jersey, South Carolina, Pennsylvania, Massachusetts, Rhode Island, Virginia, South Carolina, and Tennessee. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:JRVR
Previous Symbol
CUSIPN/A
Phone441-278-4580
Debt
Debt-to-Equity Ratio0.14
Current Ratio0.31
Quick Ratio0.31
Price-To-Earnings
Trailing P/E Ratio23.25
Forward P/E Ratio15.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$817.63 million
Price / Sales1.34
Cash Flow$5.4411 per share
Price / Cash Flow6.71
Book Value$23.46 per share
Price / Book1.56
Profitability
EPS (Most Recent Fiscal Year)$1.57
Net Income$43.56 million
Net Margins5.90%
Return on Equity8.33%
Return on Assets1.99%
Miscellaneous
Employees760
Outstanding Shares29,950,000
Market Cap$1.12 billion
OptionableNot Optionable
James River Group (NASDAQ:JRVR) Frequently Asked Questions
What is James River Group's stock symbol?
James River Group trades on the NASDAQ under the ticker symbol "JRVR."
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, November 7th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.30 per share on Friday, December 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Thursday, December 13th. View James River Group's Dividend History.
How were James River Group's earnings last quarter?
James River Group Holdings Ltd (NASDAQ:JRVR) posted its quarterly earnings data on Thursday, November, 8th. The insurance provider reported $0.64 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.05. The insurance provider earned $224.69 million during the quarter, compared to analyst estimates of $224.90 million. James River Group had a net margin of 5.90% and a return on equity of 8.33%. View James River Group's Earnings History.
When is James River Group's next earnings date?
What price target have analysts set for JRVR?
2 brokers have issued twelve-month price objectives for James River Group's stock. Their predictions range from $38.00 to $44.00. On average, they expect James River Group's share price to reach $40.6667 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for James River Group.
What is the consensus analysts' recommendation for James River Group?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for James River Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for James River Group.
Has James River Group been receiving favorable news coverage?
Headlines about JRVR stock have trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. James River Group earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the insurance provider a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the company's share price in the next few days.
Who are some of James River Group's key competitors?
Some companies that are related to James River Group include Axis Capital (AXS), Kemper (KMPR), Selective Insurance Group (SIGI), Enstar Group (ESGR), RLI (RLI), Mercury General (MCY), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI), National General (NGHC), Aspen Insurance (AHL), ProAssurance (PRA), Navigators Group (NAVG), Horace Mann Educators (HMN), State Auto Financial (STFC) and Employers (EIG).
Who are James River Group's key executives?
James River Group's management team includes the folowing people:
- Mr. Robert Patrick Myron, Pres, CEO & Director (Age 49)
- Ms. Sarah C. Doran, Chief Financial Officer (Age 44)
- Mr. Richard J. Schmitzer, CEO of Excess & Surplus Lines Division and Pres of Excess & Surplus Lines Division (Age 62)
- Mr. Kevin B. Copeland, SVP Fin. & Chief Investment Officer
- Mr. Daniel Heinlein, Pres & CEO of the Casualty Reinsurance Division
When did James River Group IPO?
(JRVR) raised $253 million in an initial public offering 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.
Who are James River Group's major shareholders?
James River Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.08%), Vanguard Group Inc. (5.70%), Vanguard Group Inc (5.70%), Frontier Capital Management Co. LLC (4.97%), Deprince Race & Zollo Inc. (4.07%) and Dimensional Fund Advisors LP (3.76%). Company insiders that own James River Group stock include Bryan Martin, David Zwillinger, E Shaw Oculus Portfolios D, J Adam Abram, Janet Raye Cowell, Michael T Oakes and Steven J Hartman. View Institutional Ownership Trends for James River Group.
Which major investors are selling James River Group stock?
JRVR stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Philadelphia Financial Management of San Francisco LLC, Wells Fargo & Company MN, Royce & Associates LP, The Manufacturers Life Insurance Company , American Century Companies Inc., United Services Automobile Association and Thompson Siegel & Walmsley LLC. Company insiders that have sold James River Group company stock in the last year include E Shaw Oculus Portfolios D, Michael T Oakes and Steven J Hartman. View Insider Buying and Selling for James River Group.
Which major investors are buying James River Group stock?
JRVR stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, BlackRock Inc., FMR LLC, Panagora Asset Management Inc., Victory Capital Management Inc., Vanguard Group Inc, Vanguard Group Inc. and Renaissance Technologies LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is James River Group's stock price today?
One share of JRVR stock can currently be purchased for approximately $36.51.
How big of a company is James River Group?
James River Group has a market capitalization of $1.12 billion and generates $817.63 million in revenue each year. The insurance provider earns $43.56 million in net income (profit) each year or $1.57 on an earnings per share basis. James River Group employs 760 workers across the globe.
What is James River Group's official website?
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]
MarketBeat Community Rating for James River Group (NASDAQ JRVR)
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.
