| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
JRVR Overview
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States.
James River Group Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.97 |
| 52 Week High | US$30.75 |
| 52 Week Low | US$57.41 |
| Beta | 0.49 |
| 1 Month Change | -14.07% |
| 3 Month Change | -8.21% |
| 1 Year Change | -25.98% |
| 3 Year Change | -21.69% |
| 5 Year Change | -8.21% |
| Change since IPO | 55.15% |
Recent News & Updates
James River Group Holdings (NASDAQ:JRVR) Has Announced A Dividend Of US$0.30
The board of James River Group Holdings, Ltd. ( NASDAQ:JRVR ) has announced that it will pay a dividend on the 30th of...
Shareholder Returns
| JRVR | US Insurance | US Market | |
|---|---|---|---|
| 7D | -5.6% | -0.7% | -0.6% |
| 1Y | -26.0% | 36.2% | 33.6% |
Return vs Industry: JRVR underperformed the US Insurance industry which returned 36.8% over the past year.
Return vs Market: JRVR underperformed the US Market which returned 33.7% over the past year.
Price Volatility
| JRVR volatility | |
|---|---|
| JRVR Beta | 0.49 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: JRVR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: JRVR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 683 | Frank D’Orazio | https://www.jrgh.net |
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments. The 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.
Valuation
Is James River Group Holdings undervalued compared to its fair value and its price relative to the market?
1.43x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: JRVR ($32.97) is trading above our estimate of fair value ($5.38)
Significantly Below Fair Value: JRVR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JRVR is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: JRVR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JRVR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JRVR is overvalued based on its PB Ratio (1.4x) compared to the US Insurance industry average (1.1x).
Future Growth
How is James River Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
107.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JRVR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: JRVR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: JRVR's is expected to become profitable in the next 3 years.
Revenue vs Market: JRVR's revenue (11.8% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: JRVR's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JRVR's Return on Equity is forecast to be low in 3 years time (11.4%).
Past Performance
How has James River Group Holdings performed over the past 5 years?
-41.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JRVR is currently unprofitable.
Growing Profit Margin: JRVR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JRVR is unprofitable, and losses have increased over the past 5 years at a rate of 41.8% per year.
Accelerating Growth: Unable to compare JRVR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JRVR is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (76%).
Return on Equity
High ROE: JRVR has a negative Return on Equity (-8.92%), as it is currently unprofitable.
Financial Health
How is James River Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: JRVR's short term assets ($2.5B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: JRVR's short term assets ($2.5B) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: JRVR's debt to equity ratio (42.7%) is considered high.
Reducing Debt: JRVR's debt to equity ratio has increased from 26.3% to 42.7% over the past 5 years.
Debt Coverage: JRVR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JRVR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is James River Group Holdings's current dividend yield, its reliability and sustainability?
3.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JRVR's dividend (3.64%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: JRVR's dividend (3.64%) is in the top 25% of dividend payers in the US market (3.58%)
Stability and Growth of Payments
Stable Dividend: JRVR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JRVR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: JRVR is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: JRVR's dividends in 3 years are forecast to be well covered by earnings (48% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Frank D’Orazio (52 yo)
0.83
Tenure
US$4,064,388
Compensation
Mr. Frank N. D'Orazio has been Chief Executive Officer and Director of James River Group Holdings, Ltd. since November 2, 2020. Mr. D'Orazio was the President of Underwriting & Global Risk at Allied World...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD4.06M) is about average for companies of similar size in the US market ($USD3.66M).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
Leadership Team
Experienced Management: JRVR's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: JRVR's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
Top Shareholders
Company Information
James River Group Holdings, Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: James River Group Holdings, Ltd.
- Ticker: JRVR
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$1.229b
- Shares outstanding: 37.28m
- Website: https://www.jrgh.net
Number of Employees
Location
- James River Group Holdings, Ltd.
- Wellesley House
- 2nd Floor
- Pembroke
- HM 08
- Bermuda
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 22:56 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.