James River still has an excellent E&S franchise business that may eventually show earnings. Recent net losses are temporary, driven by expected reinsurance contract costs and preferred share redemption. E&S insurance market remains robust, with James River benefiting from improved underwriting and lower loss ratios that positions it for future profitability.
James River Group Holdings, Ltd. (NASDAQ:JRVR ) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants Zachary Shytle – Investor Relations Frank D'Orazio – Chief Executive Officer Sarah Doran – Chief Financial Officer Conference Call Participants Operator Hello, and thank you for standing by.
James River Group (JRVR) came out with a quarterly loss of $0.99 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to earnings of $0.33 per share a year ago.
PEMBROKE, Bermuda, March 03, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the fourth quarter 2024 as compared to the same period in 2023:
PEMBROKE, Bermuda, Feb. 18, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (NASDAQ: JRVR) will release fourth quarter 2024 earnings after the market closes on Monday, March 3, 2025. It will also host an earnings conference call on Tuesday, March 4, 2025 beginning at 8:30 a.m. (Eastern Time).
James River Group Holdings runs different insurance companies, and focuses on underwriting small and middle market casualty risks. James River Group Holdings appears undervalued despite recent negative net income, driven by asset write-downs from the Casualty Reinsurance segment sale and strategic alternatives' exploration. Despite challenges, JRVR's proven business model and conservative EPS forecasts suggest potential for net income growth and stock price recovery.
Despite a 40% stock drop and negative earnings, I believe James River Group is undervalued and reiterate a buy rating with a $9 price target. Recent losses are attributed to a one-time $52.2 million excess consideration payment, with management taking steps to de-risk and capitalize on E&S market trends. Major industry players like Gallatin Point and Enstar Group are investing significantly in James River, signaling confidence in its long-term potential.
James River Group Holdings, Ltd. (NASDAQ:JRVR ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Zachary Shytle - IR Frank D'Orazio - CEO Sarah Doran - CFO Conference Call Participants Mark Hughes - Truist Securities Brian Meredith - UBS Meyer Shields - KBW Casey Alexander - Compass Point Research & Trading Operator Thank you for standing by.
James River Group (JRVR) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of $0.66. This compares to earnings of $0.48 per share a year ago.
PEMBROKE, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the third quarter 2024 as compared to the same period in 20231: