James River Group Holdings (JRVR) Given Daily News Sentiment Rating of 0.04

News articles about James River Group Holdings (NASDAQ:JRVR) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. James River Group Holdings earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 47.5795654993772 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Several research firms have weighed in on JRVR. BidaskClub downgraded James River Group Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday. Zacks Investment Research downgraded James River Group Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $44.75.

James River Group Holdings (NASDAQ:JRVR) opened at 40.20 on Friday. The firm has a market cap of $1.19 billion, a PE ratio of 15.14 and a beta of 0.55. The company has a 50-day moving average price of $39.80 and a 200-day moving average price of $40.93. James River Group Holdings has a 12-month low of $33.96 and a 12-month high of $46.20.

James River Group Holdings (NASDAQ:JRVR) last released its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by $0.04. James River Group Holdings had a return on equity of 10.80% and a net margin of 11.45%. The company had revenue of $202.40 million for the quarter, compared to analysts’ expectations of $169.83 million. During the same period in the prior year, the business earned $0.46 EPS. The business’s quarterly revenue was up 50.5% compared to the same quarter last year. On average, equities analysts predict that James River Group Holdings will post $2.49 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, September 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Friday, September 8th. James River Group Holdings’s dividend payout ratio is presently 45.28%.

In other James River Group Holdings news, Director Bryan Martin sold 4,250,000 shares of James River Group Holdings stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $39.41, for a total value of $167,492,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 41.00% of the stock is currently owned by insiders.

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James River Group Holdings 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.

Insider Buying and Selling by Quarter for James River Group Holdings (NASDAQ:JRVR)

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