In the latest session, James River Group Holdings Ltd (NASDAQ: JRVR) closed at $8.87 up 4.35% from its previous closing price of $8.50. In other words, the price has increased by $+0.37 from its previous closing price. On the day, 636915 shares were traded. JRVR stock price reached its highest trading level at $8.90 during the session, while it also had its lowest trading level at $8.48.
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Ratios:
For a deeper understanding of James River Group Holdings Ltd’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on November 09, 2023, Downgraded its rating to Hold and sets its target price to $15 from $32 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JRVR now has a Market Capitalization of 333.86M and an Enterprise Value of 572.19M. As of this moment, James’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.85, and their Forward P/E ratio for the next fiscal year is 4.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.62.
Stock Price History:
Over the past 52 weeks, JRVR has reached a high of $24.92, while it has fallen to a 52-week low of $8.15. The 50-Day Moving Average of the stock is 13.84, while the 200-Day Moving Average is calculated to be 18.09.
Shares Statistics:
For the past three months, JRVR has traded an average of 277.28K shares per day and 814.76k over the past ten days. A total of 37.47M shares are outstanding, with a floating share count of 36.36M. Insiders hold about 3.39% of the company’s shares, while institutions hold 95.12% stake in the company. Shares short for JRVR as of Oct 30, 2023 were 388.99k with a Short Ratio of 0.39M, compared to 377.73k on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.03% and a Short% of Float of 1.25%.
Dividends & Splits
According to the company, the forward annual dividend rate for JRVR is 0.20, from 0.20 in the trailing year. Against a Trailing Annual Dividend Yield of 2.35%, it implies a Forward Annual Dividend Yield of 2.25%. The stock’s 5-year Average Dividend Yield is 2.66.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.47 for the current quarter, with a high estimate of $0.52 and a low estimate of $0.41, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.48, with high estimates of $0.51 and low estimates of $0.44.
Analysts are recommending an EPS of between $2.1 and $1.9 for the fiscal current year, implying an average EPS of $2.03. EPS for the following year is $1.99, with 6 analysts recommending between $2.2 and $1.75.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $146.18M this quarter.It ranges from a high estimate of $216.8M to a low estimate of $109M. As of the current estimate, James River Group Holdings Ltd’s year-ago sales were $225.71M, an estimated decrease of -35.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $203.92M, a decrease of -6.50% over than the figure of -$35.20% in the same quarter last year. There is a high estimate of $211.75M for the next quarter, whereas the lowest estimate is $199.9M.
A total of 3 analysts have provided revenue estimates for JRVR’s current fiscal year. The highest revenue estimate was $924.2M, while the lowest revenue estimate was $804.2M, resulting in an average revenue estimate of $849.54M. In the same quarter a year ago, actual revenue was $813.7M, up 4.40% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $829.1M in the next fiscal year. The high estimate is $878.5M and the low estimate is $795M. The average revenue growth estimate for next year is down -2.40% from the average revenue estimate for this year.
