Analysts Offer Predictions for JRVR FY2028 Earnings

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

Several other equities analysts have also commented on the stock. Wall Street Zen upgraded shares of James River Group from a “sell” rating to a “hold” rating in a research report on Sunday, June 14th. Truist Financial cut their price objective on shares of 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. UBS Group cut their price objective on shares of James River Group from $4.75 to $4.00 and set a “neutral” rating on the stock in a research report on Monday. Citigroup lowered shares of James River Group from a “hold” rating to a “market perform” rating in a research note on Tuesday, May 5th. Finally, Citizens Jmp restated a “market perform” rating on shares of James River Group in a research report on Tuesday, May 5th. Six investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $5.75.

James River Group Stock Performance

JRVR stock opened at $4.02 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market capitalization of $185.88 million, a price-to-earnings 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. The stock’s fifty day moving average is $4.40 and its two-hundred day moving average is $5.34.

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). James River Group had a return on equity of 9.93% and a net margin of 4.68%.The company had revenue of $161.34 million for the quarter, compared to the consensus estimate of $135.50 million.

James River Group Dividend Announcement

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

Hedge Funds Weigh In On James River Group

A number of hedge funds have recently modified their holdings of JRVR. Enstar Group LTD purchased a new stake in shares of James River Group during the fourth quarter valued at $16,477,000. Donald Smith & CO. Inc. acquired a new position in shares of James River Group in the 2nd quarter valued at $10,738,000. Zimmer Partners LP increased its stake in James River Group by 53.8% in the 3rd quarter. Zimmer Partners LP now owns 4,591,638 shares of the insurance provider’s stock worth $25,484,000 after purchasing an additional 1,605,828 shares in the last quarter. Flax Pond Capital LLC acquired a new stake in James River Group during the 4th quarter worth about $3,427,000. Finally, Kennedy Capital Management LLC acquired a new stake in James River Group during the 4th quarter worth about $3,117,000. 95.21% of the stock is currently owned by institutional investors and hedge funds.

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.