YOLFTbeta
James River Group Holdings Ltd

James River Group Holdings Ltd

JRVR · NASDAQ · Financial Services / Insurance - Specialty

3.12USD-0.02 (-0.64%)

Price History

Full chart

Market Stats

Previous Close3.14
Open3.10
Day Range3.08 – 3.14
52-Week Range3.38 – 7.15
Volume237.20K
Market Cap163.26M
P/E (TTM)8.02
Forward P/E4.86
EPS0.44
Dividend Yield1.13%
Beta-0.21
50-Day Avg4.22
200-Day Avg5.36

About

James River Group Holdings, Inc. provides specialty insurance services. It operates in Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment offers commercial excess and surplus lines liability and excess property insurance products in the United States, Puerto Rico, and the United States Virgin Islands. This segment distributes its insurance policies primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment provides insurance for fronting, program administrators, and managing general agents. The company was founded in 2002 and is based in Chapel Hill, North Carolina.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Specialty
  • CEOMr. Frank N. D'Orazio
  • Employees576
  • Headquarters1414 Raleigh Road, Chapel Hill, NC, United States, 27517, USA
  • Websitehttps://jrvrgroup.com

Leadership

  • Mr. Frank N. D'OrazioCEO & Director · b. 1968
  • Ms. Sarah Casey DoranChief Financial Officer · b. 1973
  • Ms. Jeanette Leigh MillerChief Legal Officer · b. 1980
  • Mr. Michael John HoffmannSenior VP & Group Chief Underwriting Officer · b. 1966
  • Mr. Bob ZimardoSenior VP for Investments & Investor Relations
  • Mr. Michael Edward CrowPrincipal Accounting Officer · b. 1964
  • Mr. Valdean LangenburgGroup Chief Information Officer
  • Ms. Angela Jenkins BurnettGroup Chief Human Resources Officer
  • Mr. Justin Akira ZaharrisGroup Chief Claims Officer
  • Lisa Marie BinniePresident of Specialty Admitted Insurance Segment

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.70M80.08M128.40M238.48M406.60M417.91M386.29M439.00M504.92M586.23M817.63M885.60M907.13M668.69M609.03M661.51M812.01M707.63M687.61M
Growth (%)-+1305.65%+60.34%+85.73%+70.50%+2.78%-7.57%+13.65%+15.02%+16.10%+39.47%+8.31%+2.43%-26.28%-8.92%+8.62%+22.75%-12.85%-2.83%
Cost of Revenue7.31M67.46M106.73M181.14M321.64M353.07M256.13M322.55M376.77M427.05M671.38M711.38M756.00M554.12M614.06M490.45M572.79M620.33M492.64M
Gross Profit-12.00M20.87M56.15M84.96M64.84M130.16M116.45M128.16M159.18M146.25M174.22M151.13M114.57M-5.03M171.06M239.22M87.29M194.97M
Gross Margin-14.98%16.25%23.54%20.90%15.51%33.69%26.53%25.38%27.15%17.89%19.67%16.66%17.13%-0.83%25.86%29.46%12.34%28.35%
Operating Expense-814.00K934.00K948.00K38.79M57.07M53.08M70.83M68.38M79.84M91.10M103.38M99.26M102.63M103.11M117.79M152.31M158.41M144.43M
Operating Income-11.18M19.93M55.20M46.17M7.77M77.08M45.62M59.78M79.34M55.15M70.84M51.87M11.94M-108.13M53.27M86.91M-71.12M50.54M
Operating Margin-13.97%15.52%23.15%11.35%1.86%19.95%10.39%11.84%13.53%6.74%8.00%5.72%1.79%-17.75%8.05%10.70%-10.05%7.35%
EBITDA----55.99M19.22M87.42M54.73M68.78M90.20M66.24M86.61M66.53M26.99M-94.49M68.19M111.07M-47.16M74.60M
EBITDA Margin----13.77%4.60%22.63%12.47%13.62%15.39%8.10%9.78%7.33%4.04%-15.52%10.31%13.68%-6.66%10.85%
Net Income-8.76M12.06M34.70M38.47M8.66M67.34M44.69M53.50M74.47M43.57M63.83M38.34M4.82M-172.80M30.97M-107.68M-81.12M47.43M
Net Income Margin-10.93%9.40%14.55%9.46%2.07%17.43%10.18%10.60%12.70%5.33%7.21%4.23%0.72%-28.37%4.68%-13.26%-11.46%6.90%
R&D--------0000-------
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%-------
Interest Expense00008.13M8.27M6.78M6.35M7.00M8.45M8.97M11.55M10.60M10.03M8.92M13.87M24.63M24.67M23.54M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%2.00%1.98%1.75%1.45%1.39%1.44%1.10%1.30%1.17%1.50%1.46%2.10%3.03%3.49%3.42%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets123.56M266.95M597.04M741.72M--2.03B1.81B1.96B2.06B2.35B2.76B3.14B5.02B5.06B4.95B5.14B5.32B5.01B4.86B
Total Liabilities53.16M186.25M420.89M527.33M--1.24B1.11B1.27B1.37B1.65B2.06B2.43B4.25B4.27B4.22B4.44B4.64B4.41B4.19B
Total Equity70.40M80.69M176.16M214.39M--783.77M701.49M687.92M681.04M693.22M694.70M709.24M778.58M795.61M725.36M698.66M679.52M594.03M671.27M
Cash9.35M15.57M41.03M40.32M--95.79M158.60M73.38M106.41M109.78M163.50M172.46M206.91M162.26M190.12M173.16M274.30M362.35M260.94M
Total Debt------139.06M162.06M192.35M192.35M192.35M202.35M222.35M266.38M1.23B366.36M326.36M326.36M304.86M329.86M
Net Debt------43.26M3.45M118.97M85.95M82.57M38.86M49.90M55.44M204.09M176.23M153.19M52.06M-57.49M68.91M

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow10.97M80.45M106.78M133.20M74.91M49.39M105.64M130.39M116.39M151.16M207.82M290.03M1.49B-273.83M-913.55M222.73M87.95M-247.09M-18.79M
Investing Cash Flow----30.20M-101.50M46.76M-174.88M-34.16M-80.76M-104.74M-266.77M-263.36M-175.99M35.82M-328.15M16.73M307.03M-116.04M
Financing Cash Flow68.77M37.30M86.62M20.51M-565.00K-1.98M-89.58M-40.74M-49.20M-67.02M-49.36M-14.29M7.96M65.92M147.67M89.67M-21.11M-28.85M13.20M
Capital Expenditure2.43M908.00K446.00K453.00K0000000519.00K519.00K549.00K6.30M8.22M6.43M4.89M4.80M
Free Cash Flow----74.91M49.39M105.64M130.39M116.39M151.16M207.82M290.03M1.49B-273.83M-919.85M214.51M81.52M-251.97M-23.59M
Dividends Paid------70.00M70.00M47.41M65.99M50.83M36.12M36.72M37.05M43.24M13.92M18.25M19.00M9.87M
FCF to OCF----100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.69%96.31%92.68%101.98%125.56%
Dividend Paid to FCF------66.26%53.68%40.73%43.65%24.46%12.46%2.47%-13.53%-4.70%6.49%22.38%-7.54%-41.86%

Earnings

Report DateFeb 18, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 17, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 15, 2017May 3, 2017Aug 1, 2017Nov 1, 2017Feb 22, 2018May 2, 2018Aug 1, 2018Nov 7, 2018Feb 21, 2019May 1, 2019Jul 31, 2019Nov 6, 2019Feb 20, 2020Apr 29, 2020Jul 29, 2020Oct 28, 2020Feb 25, 2021May 5, 2021Aug 4, 2021Nov 2, 2021Feb 28, 2022May 9, 2022Aug 1, 2022Nov 1, 2022Feb 27, 2023May 2, 2023Aug 7, 2023Nov 7, 2023Feb 28, 2024May 8, 2024Aug 5, 2024Nov 11, 2024Mar 3, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Mar 2, 2026May 4, 2026Aug 10, 2026Nov 2, 2026
EPS Estimate0.570.360.380.610.600.420.430.710.650.550.500.330.720.540.540.600.650.630.63-0.920.810.460.460.50-0.500.590.51-0.640.120.260.500.450.520.500.530.470.440.460.430.50-0.490.290.240.240.360.270.26-
EPS Actual0.650.400.420.650.600.430.460.720.770.580.490.360.250.550.580.640.560.710.66-0.730.760.500.560.56-0.95-3.540.54-0.72-1.810.370.520.410.530.560.530.480.330.390.33-0.74-0.990.190.230.320.300.120.20-
Surprise14.04%11.11%10.53%6.56%0.00%2.38%6.98%1.41%18.46%5.45%-2.00%9.09%-65.28%1.85%7.41%6.67%-13.85%12.70%4.76%20.65%-6.17%8.70%21.74%12.00%-90.00%-700.00%5.88%-12.50%-1608.33%42.31%4.00%-8.89%1.92%12.00%0.00%2.13%-25.00%-15.22%-23.26%-248.00%-102.04%-34.48%-4.17%33.33%-16.67%-55.56%-23.08%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap163.26M
Enterprise Value445.92M
Trailing P/E8.02
Forward P/E4.86
PEG Ratio0.00
Price / Sales0.25
Price / Book0.34
EPS0.44
Book Value11.30
Revenue (TTM)653.21M
Gross Profit (TTM)231.41M
EBITDA48.79M
Profit Margin4.68%
Operating Margin8.72%
Return on Equity4.93%
Return on Assets0.62%
Shares Outstanding46.25M
Shares Float40.61M
Beta-0.21
Dividend Yield1.13%
Dividend Rate0.04
Payout Ratio4.26%

Analyst Ratings

Buy
Based on 4 analystsTarget 4.73
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
84.67%
Insiders
7.89%
Retail / Other
7.44%

Top Institutional Holders

  • Gallatin Point Capital LLC
    5.86M12.67%
  • Zimmer Partners LP
    4.62M10.00%
  • T. Rowe Price Investment Management,Inc.
    4.49M9.72%
  • BlackRock Inc
    3.14M6.79%
  • Enstar Group Ltd
    2.59M5.60%
  • Donald Smith & Co Inc
    2.44M5.28%
  • Vanguard Capital Management, LLC
    1.73M3.73%
  • RBF LLC
    1.13M2.44%
  • Discovery Capital Management LLC
    1.06M2.29%
  • Boston Partners Global Investors, Inc
    1.04M2.25%
  • Geode Capital Management, LLC
    1.01M2.19%
  • Dimensional Fund Advisors, Inc.
    1.00M2.17%
  • State Street Corp
    825.67K1.79%
  • Morgan Stanley - Brokerage Accounts
    575.37K1.24%
  • Kennedy Capital Management Inc
    492.25K1.06%

Top Fund Holders

  • T. Rowe Price Small-Cap Value
    2.63M5.72%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.16M2.51%
  • iShares Russell 2000 ETF
    1.14M2.48%
  • Boston Partners Small Cap Value II Inv
    597.83K1.30%
  • iShares Russell 2000 Value ETF
    427.09K0.93%

Dividends

20263×
0.01Sep 15, 20260.01Jun 8, 20260.01Mar 13, 2026
20254×
0.01Dec 15, 20250.01Sep 15, 20250.01Jun 9, 20250.01Mar 10, 2025
20244×
0.01Dec 16, 20240.05Sep 16, 20240.05Jun 10, 20240.05Mar 8, 2024
20234×
0.05Dec 8, 20230.05Sep 8, 20230.05Jun 9, 20230.05Mar 10, 2023
20224×
0.05Dec 9, 20220.05Sep 9, 20220.05Jun 10, 20220.05Mar 11, 2022
20214×
0.30Dec 10, 20210.30Sep 10, 20210.30Jun 11, 20210.30Mar 12, 2021
20201×
0.30Dec 11, 2020