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James River Group Holdings Ltd (NASDAQ: JRVR) closed the day trading at $4.50 down -2.81% from the previous closing price of $4.63. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 0.8 million shares were traded. JRVR stock price reached its highest trading level at $4.63 during the session, while it also had its lowest trading level at $4.41.
Ratios:
For a better understanding of JRVR, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
On November 09, 2023, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $32 to $15.
Keefe Bruyette Downgraded its Outperform to Mkt Perform on November 09, 2023, whereas the target price for the stock was revised from $22 to $14.
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 170232752 and an Enterprise Value of 221542464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 0.278 whereas that against EBITDA is 4.023.
Stock Price History:
Over the past 52 weeks, JRVR has reached a high of $11.49, while it has fallen to a 52-week low of $4.47. The 50-Day Moving Average of the stock is -28.57%, while the 200-Day Moving Average is calculated to be -42.24%.
Shares Statistics:
Over the past 3-months, JRVR traded about 291.97K shares per day on average, while over the past 10 days, JRVR traded about 533360 shares per day. A total of 37.64M shares are outstanding, with a floating share count of 30.65M. Insiders hold about 18.98% of the company’s shares, while institutions hold 81.59% stake in the company. Shares short for JRVR as of 1730332800 were 916533 with a Short Ratio of 3.14, compared to 1727654400 on 1097906. Therefore, it implies a Short% of Shares Outstanding of 916533 and a Short% of Float of 3.01.
Dividends & Splits
JRVR’s forward annual dividend rate is 0.20, up from 0.2 a year ago. Against a Trailing Annual Dividend Yield of 0.043196544The stock’s 5-year Average Dividend Yield is 2.58.
Earnings Estimates
The market rating for James River Group Holdings Ltd (JRVR) is a result of the insights provided by 3.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.35, with high estimates of $0.45 and low estimates of $0.16.
Analysts are recommending an EPS of between -$0.23 and -$0.55 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is $1.65, with 5.0 analysts recommending between $1.8 and $1.44.
Revenue Estimates
4 analysts predict $159.67M in revenue for the current quarter. It ranges from a high estimate of $187.7M to a low estimate of $132.36M. As of the current estimate, James River Group Holdings Ltd’s year-ago sales were $218.1MFor the next quarter, 4 analysts are estimating revenue of $189.86M. There is a high estimate of $195.1M for the next quarter, whereas the lowest estimate is $185.29M.
A total of 4 analysts have provided revenue estimates for JRVR’s current fiscal year. The highest revenue estimate was $768.6M, while the lowest revenue estimate was $713.27M, resulting in an average revenue estimate of $736.66M. In the same quarter a year ago, actual revenue was $812.01MBased on 4 analysts’ estimates, the company’s revenue will be $779.9M in the next fiscal year. The high estimate is $798.8M and the low estimate is $757.17M.
