During the last session, James River Group Holdings Ltd (NASDAQ:JRVR)’s traded shares were 0.5 million, with the beta value of the company hitting 0.04. At the end of the trading day, the stock’s price was $4.07, reflecting an intraday gain of 0.49% or $0.02. The 52-week high for the JRVR share is $9.88, that puts it down -142.75 from that peak though still a striking 26.29% gain since the share price plummeted to a 52-week low of $3.00. The company’s market capitalization is $185.77M, and the average trade volume was 345.72K shares over the past three months.
James River Group Holdings Ltd (JRVR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. JRVR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.33.
James River Group Holdings Ltd (NASDAQ:JRVR) trade information
James River Group Holdings Ltd (JRVR) registered a 0.49% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.49% in intraday trading to $4.07, hitting a weekly high. The stock’s 5-day price performance is -17.78%, and it has moved by -16.43% in 30 days. Based on these gigs, the overall price performance for the year is -57.91%.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 63.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $12 respectively. As a result, JRVR is trading at a discount of -194.84% off the target high and -121.13% off the low.
James River Group Holdings Ltd (JRVR) estimates and forecasts
In the rating firms’ projections, revenue will increase 10.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 189.72M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 193.23M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 201.13M and 188.29M respectively. In this case, analysts expect current quarter sales to shrink by -5.67% and then jump by 2.63% in the coming quarter.
While earnings are projected to return 217.80% in 2025.
JRVR Dividends
James River Group Holdings Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for James River Group Holdings Ltd is 0.16, with the dividend yield indicating at 3.93 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 2.95 million shares, is of FULLER & THALER ASSET MANAGEMENT, INC.’s that is approximately 7.8289% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $22.84 million.
Also, the Mutual Funds coming in first place with the largest holdings of James River Group Holdings Ltd (JRVR) shares are Price (T.Rowe) Small-Cap Value Fund and Undiscovered Managers Behavioral Value Fund . Data provided on Dec 31, 2024 indicates that Price (T.Rowe) Small-Cap Value Fund owns about 2.45 shares. This amounts to just over 6.48 percent of the company’s overall shares, with a $9.98 million market value. The same data shows that the other fund manager holds slightly less at 1.78, or about 4.71% of the stock, which is worth about $7.25 million.
