James River Group (JRVR) Expected to Announce Quarterly Earnings on Monday

James River Group (NASDAQ:JRVR) is projected to issue its quarterly earnings data after the market closes on Monday, March 3rd. Analysts expect the company to announce earnings of ($0.33) per share and revenue of $159.91 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

James River Group Trading Up 1.6 %

Shares of JRVR opened at $4.95 on Friday. James River Group has a twelve month low of $4.35 and a twelve month high of $11.49. The firm has a market capitalization of $187.25 million, a P/E ratio of -1.22 and a beta of 0.07. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $4.79 and its 200 day simple moving average is $5.64.

James River Group Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.01 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.81%. James River Group’s dividend payout ratio (DPR) is -0.99%.

Wall Street Analyst Weigh In

Separately, JMP Securities decreased their target price on James River Group from $11.00 to $8.00 and set a “market outperform” rating for the company in a report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, James River Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.40.

James River Group Company Profile

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.