James River Group (JRVR) Scheduled to Post Earnings on Monday

James River Group (NASDAQ:JRVR) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 11th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

James River Group (NASDAQ:JRVR) last issued its quarterly earnings data on Monday, August 5th. The insurance provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.09). James River Group had a positive return on equity of 11.66% and a negative net margin of 12.79%. The company had revenue of $188.30 million during the quarter, compared to analyst estimates of $169.39 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The business’s revenue was down 3.3% compared to the same quarter last year. On average, analysts expect James River Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

James River Group Stock Up 0.2 %

James River Group stock opened at $6.23 on Monday. The company has a market capitalization of $235.68 million, a PE ratio of -2.49 and a beta of 0.17. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.64. James River Group has a fifty-two week low of $6.12 and a fifty-two week high of $15.02. The firm has a 50 day moving average price of $6.62 and a 200 day moving average price of $7.48.

James River Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.20 annualized dividend and a dividend yield of 3.21%. James River Group’s dividend payout ratio is currently -8.00%.

Analyst Ratings Changes

Several equities analysts recently issued reports on JRVR shares. Truist Financial decreased their target price on James River Group from $9.00 to $8.00 and set a “hold” rating on the stock in a research note on Wednesday, August 7th. Compass Point cut their price target on shares of James River Group from $12.50 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Finally, JMP Securities lowered their price objective on shares of James River Group from $14.00 to $11.00 and set a “market outperform” rating for the company in a research note on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.17.

James River Group Company Profile

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment underwrites liability and property insurance in the United States Puerto Rice, and the United States Virgin Islands.