James River Group (JRVR) to Release Earnings on Monday

James River Group (NASDAQ:JRVR) is scheduled to be announcing its earnings results after the market closes on Monday, November 11th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

James River Group Price Performance

Shares of NASDAQ JRVR opened at $6.55 on Friday. The stock’s 50-day simple moving average is $6.52 and its two-hundred day simple moving average is $7.39. James River Group has a twelve month low of $6.05 and a twelve month high of $11.65. The firm has a market capitalization of $247.79 million, a P/E ratio of -2.62 and a beta of 0.17. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.37.

James River Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend was Monday, September 16th. James River Group’s dividend payout ratio (DPR) is -8.00%.

Analyst Upgrades and Downgrades

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

About James River Group

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.