JRVR - James River Group Holdings Ltd Stock Price, Fair Value and News

8.20USD+0.12 (+1.49%)Delayed

Market Summary

USD8.20+0.12

Delayed

1.49%

JRVR Alerts

Big jump in Earnings (Y/Y)

JRVR Stock Price

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JRVR RSI Chart

JRVR Valuation

Market Cap

310.2M

Price/Earnings (Trailing)

-3.12

Price/Sales (Trailing)

0.38

EV/EBITDA

-0.87

Price/Free Cashflow

3.58

JRVR Price/Sales (Trailing)

JRVR Profitability

EBT Margin

13.17%

Return on Equity

-18.4%

Return on Assets

-1.89%

Free Cashflow Yield

27.95%

JRVR Fundamentals

JRVR Revenue

Revenue (TTM)

824.3M

Rev. Growth (Yr)

6.53%

Rev. Growth (Qtr)

-7.78%

JRVR Earnings

Earnings (TTM)

-99.3M

Earnings Growth (Yr)

119.85%

Earnings Growth (Qtr)

110.26%

Breaking Down JRVR Revenue

Last 7 days

6.5%

Last 30 days

-6.0%

Last 90 days

-22.7%

Trailing 12 Months

-61.9%

How does JRVR drawdown profile look like?

JRVR Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.94

JRVR Investor Care

Dividend Yield

2.44%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.55%

Diluted EPS (TTM)

-2.28

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	824.3M	0	0	0
2023	692.7M	732.6M	780.7M	812.0M
2022	583.7M	547.0M	518.2M	661.5M
2021	741.4M	746.2M	759.7M	609.0M
2020	803.3M	769.7M	715.6M	668.7M
2019	881.4M	873.7M	880.5M	907.1M
2018	859.6M	885.2M	889.0M	885.6M
2017	631.3M	699.2M	768.7M	817.6M
2016	509.8M	524.1M	542.3M	586.2M
2015	465.8M	479.2M	500.5M	504.9M
2014	399.5M	412.6M	425.8M	439.0M
2013	0	0	0	386.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of James River Group Holdings Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 16, 2024	heinlein daniel	back to issuer	-269,815	8.81	-30,626	pres & ceo-casualty rein sgmt
Apr 01, 2024	heinlein daniel	acquired	-	-	19,181	pres & ceo-casualty rein sgmt
Mar 02, 2024	miller jeanette l	sold (taxes)	-11,260	9.8	-1,149	svp, chief legal officer
Mar 02, 2024	d'orazio frank	sold (taxes)	-65,326	9.8	-6,666	chief executive officer
Mar 02, 2024	doran sarah c.	sold (taxes)	-27,675	9.8	-2,824	chief financial officer
Mar 02, 2024	bowman william k	sold (taxes)	-5,595	9.8	-571	pres & ceo- sp adm ins sgmt
Mar 02, 2024	heinlein daniel	sold (taxes)	-24,225	9.8	-2,472	pres & ceo-casualty rein sgmt
Mar 02, 2024	hoffmann michael j.	sold (taxes)	-21,442	9.8	-2,188	svp chief underwriting officer
Mar 02, 2024	schmitzer richard	sold (taxes)	-30,693	9.8	-3,132	pres. & ceo - e&s lines sgmt
Mar 02, 2024	crow michael e	sold (taxes)	-12,671	9.8	-1,293	principal accounting officer

Which funds bought or sold JRVR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.17	-16,670	349,289	-%
May 16, 2024	LEVIN CAPITAL STRATEGIES, L.P.	new	-	93,000	93,000	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-88.88	-1,918,060	241,698	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	42.81	2,189,260	7,194,330	0.02%
May 15, 2024	Polar Capital Holdings Plc	unchanged	-	75,750	11,741,200	0.06%
May 15, 2024	Petrus Trust Company, LTA	new	-	316,507	316,507	0.03%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-99.00	-184,704	1,879	-%
May 15, 2024	Brevan Howard Capital Management LP	sold off	-100	-252,076	-	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	61.01	4,248,590	11,095,300	-%
May 15, 2024	JANUS HENDERSON GROUP PLC	added	0.01	760	152,764	-%

Are Funds Buying or Selling JRVR?

Are funds buying JRVR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own JRVR

No. of Funds

JRVR Alerts

Big jump in Earnings (Y/Y)

Unveiling James River Group Holdings Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	morgan stanley	1.8%	670,349	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	8.1%	3,040,984	SC 13G/A
Feb 13, 2024	champlain investment partners, llc	3.78%	1,422,260	SC 13G/A
Feb 13, 2024	fuller & thaler asset management, inc.	7.63%	2,870,871	SC 13G
Feb 13, 2024	vanguard group inc	5.58%	2,099,464	SC 13G/A
Feb 08, 2024	morgan stanley	5.6%	2,116,487	SC 13G
Jan 08, 2024	blackrock inc.	6.5%	2,435,935	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	9.6%	3,583,161	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	0.0%	13,924	SC 13G/A
Feb 13, 2023	champlain investment partners, llc	5.42%	2,029,835	SC 13G/A

Recent SEC filings of James River Group Holdings Ltd

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 26, 2024	10-K/A	Annual Report
Apr 22, 2024	8-K	Current Report
Apr 18, 2024	4	Insider Trading
Apr 08, 2024	8-K	Current Report
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	4	Insider Trading
Mar 11, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to James River Group Holdings Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

James River Group Holdings Ltd News

Latest updates

James River Group Holdings Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.8%	201	218	210	195	189	187	162	155	158	43.00	191	192	183	194	177	187	110	241	231	220	214
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-677	212	159	324	-424	147	147	152	-623	259	195	189
EBITDA Margin	16.0%	0.16*	0.14*	0.15*	0.12*	0.10*	0.10*	0.11*	0.06*	0.09*	-0.16*	-0.18*	-0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	73.5%	6.00	4.00	7.00	7.00	7.00	3.00	5.00	4.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00
Income Taxes	-5.6%	9.00	10.00	7.00	6.00	3.00	12.00	0.00	3.00	3.00	-0.09	3.00	12.00	-37.37	3.00	4.00	4.00	-4.40	8.00	-2.25	5.00	3.00
Earnings Before Taxes	20.1%	33.00	27.00	27.00	22.00	13.00	34.00	-4.61	10.00	14.00	22.00	-21.30	32.00	-140	-17.35	31.00	40.00	-41.22	29.00	-27.42	25.00	25.00
EBT Margin	21.0%	0.13*	0.11*	0.12*	0.09*	0.08*	0.08*	0.08*	0.04*	0.08*	-0.18*	-0.19*	-0.13*	-	-	-	-	-	-	-	-	-
Net Income	110.3%	15.00	-150	20.00	16.00	7.00	18.00	-4.62	8.00	10.00	-66.29	-23.89	21.00	-103	-20.26	26.00	36.00	-36.81	20.00	-25.17	20.00	23.00
Net Income Margin	9.2%	-0.12*	-0.13*	0.08*	0.05*	0.04*	0.05*	-0.10*	-0.13*	-0.10*	-0.28*	-0.17*	-0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	280.5%	23.00	-12.92	54.00	22.00	18.00	51.00	27.00	73.00	64.00	144	-969	-13.87	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.2%	5,251	5,317	5,193	5,296	5,205	5,137	5,205	5,265	5,267	4,949	4,784	5,392	5,110	5,063	4,984	5,009	4,997	5,024	3,661	3,451	3,299
Cash Equivalents	55.3%	426	274	233	227	200	159	290	453	372	292	231	1,084	935	1,022	1,080	1,225	1,399	1,406	256	169	133
Goodwill	0%	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182	182
Liabilities	-1.5%	4,566	4,638	4,486	4,565	4,469	4,438	4,534	4,526	4,475	4,223	3,970	4,533	4,470	4,267	4,163	4,213	4,276	4,246	2,892	2,660	2,545
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98.00	98.00	98.00
Shareholder's Equity	0.9%	540	535	563	586	588	554	527	594	648	725	814	858	640	796	821	796	720	779	769	791	754
Retained Earnings	3.9%	-267	-277	-123	-138	-146	-152	-165	-156	-159	-166	-89.11	-53.99	-63.58	49.00	79.00	62.00	35.00	90.00	78.00	113	102
Additional Paid-In Capital	0.2%	878	876	875	872	870	869	867	865	863	862	860	858	664	664	664	660	658	658	656	653	648
Shares Outstanding	0.5%	38.00	38.00	38.00	38.00	38.00	37.00	37.00	37.00	37.00	35.00	34.00	33.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	670	-	-	-	906	-	-	-	1,363	-	-	-	1,332	-	-	-	1,384	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	345.8%	24,079	-9,798	55,130	23,169	19,452	54,605	28,808	73,966	65,355	147,768	-968,311	-11,998	-81,005	-51,770	-85,829	-70,926	-65,305	1,275,235	145,664	32,673	35,450
Cashflow From Investing	36.7%	47,496	34,748	-45,086	9,944	17,126	-65,973	-187,121	12,074	-87,134	-75,936	125,350	-19,579	5,988	-40,660	-51,521	-34,089	-49,721	-175,455	-50,434	9,899	-47,369
Cashflow From Financing	-14.1%	-5,456	-4,782	-3,004	-4,524	-8,805	-2,282	-4,497	-5,405	101,855	-10,255	-10,944	180,874	-12,004	34,420	-7,625	-68,364	107,494	49,994	-8,053	-5,999	-27,986
Dividend Payments	-100.0%	-	1,936	1,879	1,883	2,048	1,919	1,872	1,886	2,121	11,246	11,186	11,194	9,610	9,213	9,193	9,177	9,468	9,257	9,121	9,098	9,244
Buy Backs	-	-	-	-	-	1,507	363	-	19.00	922	315	-	209	2,553	1,418	123	25.00	2,038	363	400	762	1,374

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JRVR Income Statement

2024-03-31

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Gross written premiums	$ 330,810	$ 353,454
Ceded written premiums	(192,638)	(179,299)
Net written premiums	138,172	174,155
Change in net unearned premiums	33,519	(2,315)
Net earned premiums	171,691	171,840
Net investment income	22,632	18,425
Net realized and unrealized gains on investments	4,583	160
Other income	2,221	1,309
Total revenues	201,127	191,734
Expenses
Losses and loss adjustment expenses	110,049	126,381
Other operating expenses	50,810	48,036
Other expenses	732	603
Interest expense	6,485	5,583
Amortization of intangible assets	91	91
Total expenses	168,167	180,694
Income from continuing operations before income taxes	32,960	11,040
Income tax expense on continuing operations	9,452	3,136
Net income from continuing operations	23,508	7,904
Discontinued operations (Note 2):
(Loss) income from discontinued operations	(9,605)	1,704
Gain on held for sale classification of discontinued operations	1,500	0
Total (loss) income from discontinued operations	(8,105)	1,704
Net income	15,403	9,608
Dividends on Series A preferred shares	(2,625)	(2,625)
Net income available to common shareholders	12,778	6,983
Other comprehensive (loss) income:
Net unrealized (losses) gains, net of taxes of $(2,066) in 2024 and $5,001 in 2023	(7,773)	30,902
Total comprehensive income	$ 7,630	$ 40,510
Basic
Continuing operations (in dollars per share)	$ 0.55	$ 0.14
Discontinued operations (in dollars per share)	(0.21)	0.05
Basic (in dollars per share)	0.34	0.19
Diluted
Continuing operations (in dollars per share)	0.53	0.14
Discontinued operations (in dollars per share)	(0.18)	0.04
Diluted (in dollars per share)	0.35	0.18
Dividend declared per common share (in dollars per share)	$ 0.05	$ 0.05
Weighted-average common shares outstanding:
Basic (in shares)	37,733,710	37,531,819
Diluted (in shares)	44,638,969	37,785,452

JRVR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Invested assets:
Fixed maturity securities, available-for-sale, at fair value (amortized cost: 2024 – $1,377,965; 2023 – $1,405,136)	$ 1,287,466	$ 1,324,476
Equity securities, at fair value (cost: 2024 – $119,788; 2023 – $114,107)	128,690	119,945
Bank loan participations, at fair value	173,046	156,169
Short-term investments	84,534	72,137
Other invested assets	33,082	33,134
Total invested assets	1,706,818	1,705,861
Cash and cash equivalents	305,496	274,298
Restricted cash equivalents	73,396	72,449
Accrued investment income	11,664	12,106
Premiums receivable and agents’ balances, net	221,566	249,490
Reinsurance recoverable on unpaid losses, net	1,377,863	1,358,474
Reinsurance recoverable on paid losses	142,288	157,991
Prepaid reinsurance premiums	289,383	293,108
Deferred policy acquisition costs	26,991	31,497
Intangible assets, net	32,722	32,813
Goodwill	181,831	181,831
Other assets	148,731	163,939
Assets held-for-sale (Note 2 - discontinued operations)	732,170	783,393
Total assets	5,250,919	5,317,250
Liabilities:
Reserve for losses and loss adjustment expenses	2,661,909	2,606,107
Unearned premiums	550,688	587,899
Payables to reinsurers	126,538	158,670
Funds held	65,235	65,235
Deferred reinsurance gain	16,731	20,733
Senior debt	222,300	222,300
Junior subordinated debt	104,055	104,055
Accrued expenses	42,708	56,722
Other liabilities	179,614	174,513
Liabilities held-for-sale (Note 2 - discontinued operations)	596,706	641,497
Total liabilities	4,566,484	4,637,731
Commitments and contingent liabilities
Series A redeemable preferred shares – 2024 and 2023: $0.00125 par value; 20,000,000 shares authorized; 150,000 shares issued and outstanding	144,898	144,898
Shareholders’ equity:
Common shares – 2024 and 2023: $0.0002 par value; 200,000,000 shares authorized; 37,822,340 and 37,641,563 shares issued and outstanding, respectively	7	7
Additional paid-in capital	878,091	876,240
Retained deficit	(267,067)	(277,905)
Accumulated other comprehensive loss	(71,494)	(63,721)
Total shareholders’ equity	539,537	534,621
Total liabilities, Series A redeemable preferred shares, and shareholders’ equity	$ 5,250,919	$ 5,317,250

About James River Group Holdings Ltd

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 in all states and the District of Columbia. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides workers' compensation coverage for building trades, healthcare employees, light manufacturing, other light to medium hazard risks, as well as fronting and program business. The Casualty Reinsurance segment offers proportional and working layer casualty reinsurance to third parties and other insurance companies. James River Group Holdings, Ltd. was founded in 2002 and is headquartered in Pembroke, Bermuda.

CEO	Mr. Frank N. D'Orazio
WEBSITE	jrgh.net
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	639

James River Group Holdings Ltd Frequently Asked Questions

What is the ticker symbol for James River Group Holdings Ltd? What does JRVR stand for in stocks?

JRVR is the stock ticker symbol of James River Group Holdings Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of James River Group Holdings Ltd (JRVR)?

As of Fri May 17 2024, market cap of James River Group Holdings Ltd is 310.17 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of JRVR stock?

You can check JRVR's fair value in chart for subscribers.

What is the fair value of JRVR stock?

You can check JRVR's fair value in chart for subscribers. The fair value of James River Group Holdings Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of James River Group Holdings Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for JRVR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is James River Group Holdings Ltd a good stock to buy?

The fair value guage provides a quick view whether JRVR is over valued or under valued. Whether James River Group Holdings Ltd is cheap or expensive depends on the assumptions which impact James River Group Holdings Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for JRVR.

What is James River Group Holdings Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, JRVR's PE ratio (Price to Earnings) is -3.12 and Price to Sales (PS) ratio is 0.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. JRVR PE ratio will change depending on the future growth rate expectations of investors.