James River Group Holdings, Inc.

NasdaqGS:JRVR Stock Report

Market Cap: US$207.6m

James River Group Holdings Future Growth

Future criteria checks 3/6

James River Group Holdings's revenue is forecast to decline at 2.7% per annum while its annual earnings are expected to grow at 36.3% per year.

Key information

36.3%

Earnings growth rate

n/a

EPS growth rate

Insurance earnings growth2.1%
Revenue growth rate-2.7%
Future return on equity10.76%
Analyst coverage

Low

Last updated19 May 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 22

JRVR: Higher Equity Cost Of Capital Will Shape Reserve Risk Upside Potential

Analysts have cut their price target on James River Group Holdings to $4.75 from $8.00, pointing to a higher perceived equity cost of capital and concerns that more intense competition and potential adverse reserve development could weigh on the company. Analyst Commentary Recent research on James River Group Holdings reflects a more cautious tone, with several bearish analysts revisiting their assumptions around risk, growth prospects, and what they are willing to pay for the stock.
Narrative Update • Jun 06

JRVR: Higher Equity Cost Of Capital Will Shape Future Return Potential

Analysts have cut their price target on James River Group Holdings from $8.00 to $4.75, citing a higher perceived equity cost of capital and increased concerns around adverse reserve development and competition in the small to middle market excess and surplus lines segment. Analyst Commentary Bearish analysts are becoming more cautious on James River Group Holdings, with recent research highlighting a mix of valuation pressure, reserve risk, and tougher competition in its core markets.
Narrative Update • May 23

JRVR: Higher Reserve Risk May Set Stage For Future Repricing

Analysts have trimmed their average price target for James River Group Holdings from $8.00 to $4.75, citing a higher assumed cost of equity capital, greater perceived risk of adverse reserve development, and tougher competition in small to middle market excess and surplus lines as key reasons for the reset. Analyst Commentary Recent research points to a more cautious stance on James River Group Holdings, with the average price target reset to US$4.75.
Narrative Update • Apr 30

JRVR: Steady Assumptions And Low Future P/E Will Support Upside

Analysts have kept their $7.67 price target for James River Group Holdings unchanged, reflecting consistent views on fair value, discount rate, expected revenue trends, profit margins and future P/E assumptions. Valuation Changes Fair Value: $7.67 remains unchanged, indicating no adjustment to the estimated fair value per share.
Narrative Update • Apr 16

JRVR: Fair Value Outlook Will Weigh Softer Revenue And Margin Against Higher P/E

Analysts have lifted their price target for James River Group Holdings to $7.00, a change they link to updated assumptions around a lower discount rate, a softer revenue contraction of about 0.73%, a slightly reduced profit margin near 12.84%, and a modestly higher future P/E of about 4.56x. Valuation Changes Fair Value: Model fair value remains at $7.00, indicating no change in the target output of the valuation.
Narrative Update • Apr 02

JRVR: Stable Assumptions And Low Future P/E Will Support Upside

Analysts have kept their average price target for James River Group Holdings effectively unchanged at approximately $7.67. They cite largely stable views on fair value, discount rate, revenue trends, profit margins, and forward P/E assumptions.
Narrative Update • Mar 18

JRVR: Higher Future P/E Will Support Upside Despite Weaker Profitability

Analysts have raised their price target for James River Group Holdings by around $0.60, reflecting updated views on fair value, discount rate, revenue growth assumptions, profit margins, and future P/E expectations. Valuation Changes Fair Value has been updated from about $7.06 to around $7.67, reflecting a slight increase.
Narrative Update • Mar 04

JRVR: Fair Value View Will Balance Softer Outlook With Higher Future Multiple

Analysts have raised their fair value estimate for James River Group Holdings from $6.00 to $7.00, citing updated assumptions around discount rates, revenue growth, profit margins, and a higher future P/E multiple. Valuation Changes Fair Value: increased from $6.00 to $7.00, a rise of about 17% in the estimate.
Analysis Article • Sep 25

Many Still Looking Away From James River Group Holdings, Ltd. (NASDAQ:JRVR)

James River Group Holdings, Ltd.'s ( NASDAQ:JRVR ) price-to-sales (or "P/S") ratio of 0.4x may look like a pretty...
Seeking Alpha • Sep 24

James River: Progress Has Been Made, But Still A Hold

Summary James River is executing a turnaround, focusing on its profitable Excess & Surplus insurance segment after divesting unprofitable units. JRVR trades at 0.5x book value, with the E&S segment showing strong combined ratios, but overall profitability remains elusive as the consolidated combined ratio is above 100%. DCF valuation and analyst consensus suggest moderate upside, with a fair value estimate of $6.87/share and a consensus price target of $7.06, but risks persist. Given ongoing risks and the need for sustained profitability, JRVR is rated a 'Hold' until it demonstrates consistent positive combined ratios and improved investment income. Read the full article on Seeking Alpha
Analysis Article • May 21

James River Group Holdings, Ltd. (NASDAQ:JRVR) Stock Rockets 26% But Many Are Still Ignoring The Company

James River Group Holdings, Ltd. ( NASDAQ:JRVR ) shares have had a really impressive month, gaining 26% after a shaky...
Seeking Alpha • Mar 09

James River: Time To Average Down

Summary James River still has an excellent E&S franchise business that may eventually show earnings. Recent net losses are temporary, driven by expected reinsurance contract costs and preferred share redemption. E&S insurance market remains robust, with James River benefiting from improved underwriting and lower loss ratios that positions it for future profitability. Shares are still a buy with a new price target of $7. Read the full article on Seeking Alpha
Analysis Article • Mar 05

James River Group Holdings, Ltd. (NASDAQ:JRVR) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

The James River Group Holdings, Ltd. ( NASDAQ:JRVR ) share price has fared very poorly over the last month, falling by...
Analysis Article • Mar 05

Not Many Are Piling Into James River Group Holdings, Ltd. (NASDAQ:JRVR) Stock Yet As It Plummets 27%

James River Group Holdings, Ltd. ( NASDAQ:JRVR ) shareholders that were waiting for something to happen have been dealt...
Seeking Alpha • Dec 03

James River: Exploring Strategic Alternatives, New Partnerships, And Very Cheap

Summary James River Group Holdings runs different insurance companies, and focuses on underwriting small and middle market casualty risks. James River Group Holdings appears undervalued despite recent negative net income, driven by asset write-downs from the Casualty Reinsurance segment sale and strategic alternatives' exploration. Despite challenges, JRVR’s proven business model and conservative EPS forecasts suggest potential for net income growth and stock price recovery. Strategic moves, including a partnership with Enstar Group and potential U.S. tax reductions, could enhance JRVR’s financial position and stock price. Read the full article on Seeking Alpha
Seeking Alpha • Nov 24

James River: The Market Has Overreacted

Summary Despite a 40% stock drop and negative earnings, I believe James River Group is undervalued and reiterate a buy rating with a $9 price target. Recent losses are attributed to a one-time $52.2 million excess consideration payment, with management taking steps to de-risk and capitalize on E&S market trends. Major industry players like Gallatin Point and Enstar Group are investing significantly in James River, signaling confidence in its long-term potential. Investors must endure short-term pain for potential long-term gains, as James River continues its transformation into a pure-play E&S insurance business. Read the full article on Seeking Alpha
Analysis Article • Nov 14

Investors Don't See Light At End Of James River Group Holdings, Ltd.'s (NASDAQ:JRVR) Tunnel And Push Stock Down 29%

To the annoyance of some shareholders, James River Group Holdings, Ltd. ( NASDAQ:JRVR ) shares are down a considerable...
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New Narrative • Sep 26

E&S Segment Innovations And Critical Reviews Propel Profitable Growth And Market Adaptability

Implementing a combined adverse development cover and loss portfolio transfer reduces reserve volatility, stabilizing earnings and allowing focus on profitable growth.
Analysis Article • Aug 09

James River Group Holdings' (NASDAQ:JRVR) Dividend Will Be $0.05

The board of James River Group Holdings, Ltd. ( NASDAQ:JRVR ) has announced that it will pay a dividend on the 30th of...
Seeking Alpha • Jul 30

James River Group: Potential Upside Requires Patience

Summary James River stock has only increased 9% since buy rating in March 2024, but potential value remains underestimated by the market. The JRG Re sale has lifted burdens, improving profitability and underwriting results, signaling a potential turnaround for James River. E&S market growth remains steady, making James River an attractive investment. Shares are still a buy with a price target of $14. Read the full article on Seeking Alpha
Analysis Article • May 14

James River Group Holdings (NASDAQ:JRVR) Is Due To Pay A Dividend Of $0.05

James River Group Holdings, Ltd. ( NASDAQ:JRVR ) has announced that it will pay a dividend of $0.05 per share on the...

Earnings and Revenue Growth Forecasts

NasdaqGS:JRVR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202861577N/AN/A1
12/31/202762763N/AN/A2
12/31/202662849N/AN/A2
3/31/2026667222832N/A
12/31/202568842-24-19N/A
9/30/2025647-811015N/A
6/30/2025665-121-294-289N/A
3/31/2025679-112-328-323N/A
12/31/2024708-101-252-247N/A
9/30/20247979-270-264N/A
6/30/2024816715561N/A
3/31/2024822698793N/A
12/31/2023810518288N/A
9/30/202366752145152N/A
6/30/202365824119126N/A
3/31/202364819169177N/A
12/31/202266226215223N/A
9/30/2022795-59308316N/A
6/30/2022785-76-689-681N/A
3/31/2022792-60-775-767N/A
12/31/2021609-85-920-914N/A
9/30/2021760-127-1,116-1,113N/A
6/30/2021746-77-233-231N/A
3/31/2021741-62-290-290N/A
12/31/20206695-274-274N/A
9/30/2020716461,0531,053N/A
6/30/2020770-61,2851,285N/A
3/31/2020803-211,3881,388N/A
12/31/201990738N/A1,489N/A
9/30/201988030N/A252N/A
6/30/201987474N/A194N/A
3/31/201988171N/A277N/A
12/31/201888664N/A290N/A
9/30/201888952N/A339N/A
6/30/201888543N/A307N/A
3/31/201886041N/A240N/A
12/31/201781844N/A208N/A
9/30/201776969N/A191N/A
6/30/201769980N/A189N/A
3/31/201763180N/A169N/A
12/31/201658674N/A154N/A
9/30/201654261N/A96N/A
6/30/201652459N/A98N/A
3/31/201651057N/A93N/A
12/31/201550553N/A120N/A
9/30/201550150N/A146N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JRVR's forecast earnings growth (36.3% per year) is above the savings rate (3.5%).

Earnings vs Market: JRVR's earnings (36.3% per year) are forecast to grow faster than the US market (18.4% per year).

High Growth Earnings: JRVR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JRVR's revenue is expected to decline over the next 3 years (-2.7% per year).

High Growth Revenue: JRVR's revenue is forecast to decline over the next 3 years (-2.7% 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 (10.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 21:53
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

James River Group Holdings, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tracy Dolin-BenguiguiBarclays
Charles SebaskiBMO Capital Markets Equity Research
Cullen JohnsonB. Riley Securities, Inc.