JRVR Stock Overview
James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States.
No risks detected for JRVR from our risk checks.
James River Group Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.81|
|52 Week High||US$39.56|
|52 Week Low||US$19.76|
|1 Month Change||-5.63%|
|3 Month Change||-9.01%|
|1 Year Change||-41.48%|
|3 Year Change||-54.85%|
|5 Year Change||-44.47%|
|Change since IPO||7.34%|
Recent News & Updates
James River goes ex dividend tomorrow
James River (NASDAQ:JRVR) declares $0.05/share quarterly dividend, in line with previous. Payable Sept. 30; for shareholders of record Sept. 12; ex-div Sept. 9. See JRVR Dividend Scorecard, Yield Chart, & Dividend Growth.
|JRVR||US Insurance||US Market|
Return vs Industry: JRVR underperformed the US Insurance industry which returned -3.8% over the past year.
Return vs Market: JRVR underperformed the US Market which returned -23.2% over the past year.
|JRVR Average Weekly Movement||4.3%|
|Insurance Industry Average Movement||4.5%|
|Market Average Movement||6.8%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: JRVR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JRVR's weekly volatility (4%) has been stable over the past year.
About the Company
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.
James River Group Holdings Fundamentals Summary
|JRVR fundamental statistics|
Is JRVR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JRVR income statement (TTM)|
|Cost of Revenue||US$665.83m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-2.02|
|Net Profit Margin||-9.66%|
How did JRVR perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is JRVR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for JRVR?
Other financial metrics that can be useful for relative valuation.
|What is JRVR's n/a Ratio?|
Price to Book Ratio vs Peers
How does JRVR's PB Ratio compare to its peers?
|JRVR PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
EIG Employers Holdings
UFCS United Fire Group
ARGO Argo Group International Holdings
JRVR James River Group Holdings
Price-To-Book vs Peers: JRVR is expensive based on its Price-To-Book Ratio (1.4x) compared to the peer average (1.2x).
Price to Earnings Ratio vs Industry
How does JRVR's PE Ratio compare vs other companies in the US Insurance Industry?
Price-To-Book vs Industry: JRVR is expensive based on its Price-To-Book Ratio (1.4x) compared to the US Insurance industry average (1x)
Price to Book Ratio vs Fair Ratio
What is JRVR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||1.4x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate JRVR's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of JRVR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate JRVR's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate JRVR's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is James River Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.9%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: JRVR's revenue (8% per year) is forecast to grow faster than the US market (7.7% per year).
High Growth Revenue: JRVR's revenue (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 (12.6%).
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How has James River Group Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 64.5% 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 (-22.8%).
Return on Equity
High ROE: JRVR has a negative Return on Equity (-9.78%), as it is currently unprofitable.
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How is James River Group Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: JRVR's short term assets ($2.9B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: JRVR's short term assets ($2.9B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: JRVR has more cash than its total debt.
Reducing Debt: JRVR's debt to equity ratio has increased from 26.7% to 44.1% 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.
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What is James River Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|James River Group Holdings Dividend Yield vs Market|
|Company (James River Group Holdings)||0.9%|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Insurance)||2.5%|
|Analyst forecast in 3 Years (James River Group Holdings)||1.0%|
Notable Dividend: JRVR's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: JRVR's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: JRVR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: JRVR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: JRVR is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: JRVR is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank D’Orazio (53 yo)
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
|Frank D’Orazio's Compensation vs James River Group Holdings Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$1m||US$850k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$4m||US$142k|
Compensation vs Market: Frank's total compensation ($USD1.32M) is below average for companies of similar size in the US market ($USD4.14M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
Experienced Management: JRVR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: JRVR's board of directors are considered experienced (3.6 years average tenure).
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
|11 Mar 22||BuyUS$24,507||Patricia Roberts||Individual||1,105||US$22.18|
|10 Mar 22||BuyUS$19,910||Janet Cowell||Individual||915||US$21.76|
|10 Mar 22||BuyUS$103,152||Ollie Sherman||Individual||4,800||US$21.49|
|04 Mar 22||BuyUS$84,646||Kirstin Gould||Individual||4,150||US$21.35|
|04 Mar 22||BuyUS$254,059||Sundar Srinivasan||Individual||12,500||US$20.72|
|04 Mar 22||BuyUS$39,959||Thomas Brown||Individual||2,000||US$19.98|
|04 Mar 22||BuyUS$252,878||Richard Schmitzer||Individual||12,450||US$20.31|
|04 Mar 22||BuyUS$96,779||Sarah Doran||Individual||4,800||US$20.16|
|03 Mar 22||BuyUS$489,463||Jonathan Abram||Individual||24,000||US$20.39|
|03 Mar 22||BuyUS$1,031,865||Frank D’Orazio||Individual||50,000||US$20.64|
|10 Nov 21||BuyUS$87,480||Thomas Brown||Individual||3,000||US$29.16|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
James River Group Holdings, Ltd.'s employee growth, exchange listings and data sources
- Name: James River Group Holdings, Ltd.
- Ticker: JRVR
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: US$854.244m
- Shares outstanding: 37.45m
- Website: https://www.jrgh.net
Number of Employees
- James River Group Holdings, Ltd.
- Wellesley House
- 2nd Floor
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JRVR||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Dec 2014|
|0JR||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2014|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.