Analysts Offer Predictions for JRVR FY2028 Earnings

James River Group Holdings, Ltd. (NASDAQ:JRVR) – Stock analysts at DOWLING & PARTN issued their FY2028 earnings estimates for shares of James River Group in a research report issued to clients and investors on Friday, August 14th. DOWLING & PARTN analyst J. Collins expects that the insurance provider will post earnings per share of $0.55 for the year. The consensus estimate for James River Group’s current full-year earnings is $0.74 per share.

James River Group (NASDAQ:JRVR) last issued its quarterly earnings data on Monday, August 10th. The insurance provider reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.04). The firm had revenue of $161.34 million during the quarter, compared to analyst estimates of $135.50 million. James River Group had a return on equity of 9.93% and a net margin of 4.68%.

Several other research analysts have also recently commented on JRVR. Wall Street Zen upgraded James River Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Zacks Research upgraded James River Group from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Citizens Jmp restated a “market perform” rating on shares of James River Group in a report on Tuesday, May 5th. Truist Financial cut their target price on James River Group from $6.00 to $5.00 and set a “hold” rating on the stock in a research report on Wednesday, August 12th. Finally, Weiss Ratings upgraded James River Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Six equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $5.75.

James River Group Stock Down 3.6%

Shares of James River Group stock opened at $4.02 on Tuesday. The business has a 50-day moving average of $4.40 and a 200-day moving average of $5.34. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $185.88 million, a PE ratio of 10.58 and a beta of -0.20. James River Group has a 1-year low of $3.76 and a 1-year high of $7.20.

James River Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. James River Group’s payout ratio is currently 10.53%.

Institutional Trading of James River Group

Several institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of James River Group during the second quarter worth $141,000. Donald Smith & CO. Inc. acquired a new position in shares of James River Group in the 2nd quarter valued at about $10,738,000. Bank of New York Mellon Corp acquired a new position in shares of James River Group in the 2nd quarter valued at about $562,000. Versant Capital Management Inc grew its position in shares of James River Group by 176.0% during the 2nd quarter. Versant Capital Management Inc now owns 6,179 shares of the insurance provider’s stock valued at $27,000 after buying an additional 3,940 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of James River Group by 22.0% during the 1st quarter. Bank of America Corp DE now owns 36,690 shares of the insurance provider’s stock valued at $231,000 after buying an additional 6,608 shares during the last quarter. Institutional investors own 95.21% of the company’s stock.

About James River Group

James River Group Holdings, Ltd., through its subsidiaries, underwrites property and casualty insurance products primarily in the program, wholesale broker and retail broker markets. The company focuses on specialty P&C lines, offering binding authority and delegated underwriting solutions for niche sectors including professional liability, environmental, real estate and other tailored commercial risks. Operating under the James River brand, it provides both admitted and non-admitted insurance across multiple states.

Founded in 2014 and headquartered in Richmond, Virginia, James River Group has expanded through a combination of organic growth and strategic acquisitions.