News headlines about James River Group (NASDAQ:JRVR) have been trending positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. James River Group earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 46.7290642162162 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of James River Group (NASDAQ:JRVR) opened at $34.80 on Wednesday. James River Group has a 12 month low of $32.17 and a 12 month high of $44.34. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.14. The company has a market cap of $1,046.53, a P/E ratio of 22.56 and a beta of 0.55.
James River Group (NASDAQ:JRVR) last posted its quarterly earnings data on Thursday, February 22nd. The insurance provider reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.71 by ($0.58). James River Group had a net margin of 5.33% and a return on equity of 6.67%. The company had revenue of $217.96 million for the quarter, compared to analyst estimates of $208.56 million. During the same quarter in the prior year, the business earned $0.77 EPS. James River Group’s revenue was up 29.0% compared to the same quarter last year. equities research analysts forecast that James River Group will post 2.38 EPS for the current fiscal year.
A number of equities analysts have issued reports on JRVR shares. B. Riley reissued a “buy” rating and issued a $47.00 target price on shares of James River Group in a report on Tuesday, November 14th. BidaskClub cut shares of James River Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Zacks Investment Research upgraded shares of James River Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, SunTrust Banks dropped their price target on shares of James River Group to $44.00 and set a “buy” rating on the stock in a research note on Monday, February 26th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. James River Group has a consensus rating of “Hold” and an average target price of $43.00.
In related news, Director Janet Raye Cowell acquired 1,206 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of $33.16 per share, for a total transaction of $39,990.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 41.00% of the stock is owned by company insiders.
James River Group Company Profile
James River Group Holdings, Ltd. (JRG Holdings) is an insurance and reinsurance holding company. The Company operates through four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers commercial excess and surplus lines liability and excess property insurance products.
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