JRVR
James River GroupCDocument history
Earnings documents stored for JRVR.
Investor releaseQuarter not tagged2026-06-12Is James River Group Holdings, Inc. (JRVR) among the Best Insurance Stocks to Buy Following Q1 Earnings?
Insider Monkey
Is James River Group Holdings, Inc. (JRVR) among the Best Insurance Stocks to Buy Following Q1 Earnings?
With an upside potential of 35.86%, James River Group Holdings, Inc. (NASDAQ:JRVR) is among the 10 Best Insurance Stocks to Buy Following Q1 Earnings. On May 19, UBS downgraded James River Group Holdings, Inc. (NASDAQ:JRVR) to Neutral from Buy and reduced its price target to $4.75 from $8.00. The firm cited a higher cost of equity capital stemming from increased risks related to adverse reserve development. UBS also noted that intensifying competition within the small- to middle-market excess and surplus lines sector could make it more difficult for the company to achieve meaningful growth, leading the analyst to adopt a more cautious stance on the shares. Previously, on May 5, Citizens downgraded James River Group Holdings, Inc. (NASDAQ:JRVR) to Market Perform from Outperform without assigning a price target. The firm pointed to disappointing first-quarter results and highlighted that the company utilized approximately two-thirds of its remaining excess and surplus adverse development cover limit, leaving only $7.5 million available for potential future adverse development. According to the analyst, the reduced protection weakens a key risk-mitigation mechanism that had previously provided investors with greater confidence regarding reserve-related exposures. Founded in 2002 and headquartered in Pembroke, Bermuda, James River Group Holdings, Inc. (NASDAQ:JRVR) is an insurance holding company that owns and operates a group of specialty property-casualty insurance and reinsurance companies, operating primarily in the U.S. excess and surplus (E&S) lines market. While we acknowledge the potential of JRVR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Under-the-Radar AI Stocks to Buy in 2026 and Top 10 Stocks That Members of Congress Own. Disclosure: None. Follow Insider Monkey on Google News.
Investor releaseQuarter not tagged2026-05-05James River Group: Q1 Earnings Snapshot
Associated Press
James River Group: Q1 Earnings Snapshot
CHAPEL HILL, N.C. (AP) — CHAPEL HILL, N.C. (AP) — James River Group Holdings Ltd. (JRVR) on Monday reported a loss of $8.9 million in its first quarter. On a per-share basis, the Chapel Hill, North Carolina-based company said it had a loss of 23 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 12 cents per share. The insurance holding company posted revenue of $151.4 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JRVR at https://www.zacks.com/ap/JRVR
Investor releaseQuarter not tagged2026-05-05James River Group Q1 Earnings Call Highlights
MarketBeat
James River Group Q1 Earnings Call Highlights
Q1 was hit by a $6.7M reinsurance reinstatement tied to a 2022 casualty claim, producing a net loss to common shareholders of $10.9 million (vs. $7.6M income a year earlier) and a reported group combined ratio of 104.6%; excluding the reinstatement, operating earnings would have been $0.22 per diluted share and the adjusted combined ratio 99.7%. Management reported modest premium growth and disciplined underwriting with submission growth up 4%, specialty premiums up 6% and excess casualty up 15%, while G&A expenses were cut 11% and seven of 14 underwriting divisions posted positive growth. Investment income was a bright spot, with net investment income of $21.3M (up 6.6% YoY) from a largely conservative portfolio (about 73% high-grade), and the company is rolling out an AI-enabled underwriting workbench to boost underwriting efficiency. Interested in James River Group Holdings, Ltd.? Here are five stocks we like better. Don't Overlook Hidden Gem Kinsale As Rallies To New Highs James River Group (NASDAQ:JRVR) said first-quarter 2026 results were weighed down by a sizable reinsurance reinstatement charge tied to a single casualty claim, even as management highlighted targeted premium growth, lower expenses, and continued investment gains. Chief Executive Officer Frank D’Orazio said the company’s excess and surplus (E&S) results were “negatively impacted by a sizable reinsurance reinstatement charge on a 2022 casualty treaty triggered by an individual claim,” calling it “a disappointing development on an otherwise solid quarter.” He added that James River restructured its E&S treaty placements in July 2023 to prevent similar outsized adjustments from affecting future results. → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook James River Group Stock is Worth Taking a Closer Look Chief Financial Officer Sarah explained the financial impact in more detail, reporting a net loss to common shareholders of $10.9 million, compared with net income of $7.6 million in the first quarter of 2025. Operating earnings were $5.8 million, or $0.12 per diluted share, down from $9.1 million, or $0.19 per share, a year earlier. Sarah said results included $6.7 million of reinsurance reinstatement premiums, “largely related to a single E&S claim from 2022 that was booked and settled in the first quarter” and subject to the company’s prior casualty reinsurance treat...
Investor releaseQuarter not tagged2026-05-05James River Announces First Quarter 2026 Results
GlobeNewswire
James River Announces First Quarter 2026 Results
CHAPEL HILL, N.C., May 04, 2026 (GLOBE NEWSWIRE) -- Chapel Hill, N.C., May 4, 2026 - James River Group Holdings, Inc. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the first quarter of 2026 as compared to the same period in 2025: Unless specified otherwise, all underwriting performance ratios presented herein are for our continuing operations and business not subject to retroactive reinsurance accounting. First Quarter 2026 Highlights: Excess and Surplus ("E&S") segment gross written premium of $212.3 million as compared to $213.2 million in the prior year quarter. Active casualty lines grew modestly for the first time in three quarters. General and administrative expenses declined 10.5% compared to the prior year quarter. Results were negatively impacted by $6.7 million of reinsurance reinstatement premiums associated predominantly with one E&S claim, which lowered net written premium, net earned premium and underwriting income. While the combined ratio was 104.6% as compared to 99.5% in the prior year quarter, absent the impact of the reinsurance reinstatement premiums, the consolidated loss ratio, expense ratio and combined ratio would have been 66.0%, 33.7%, and 99.7% respectively. Frank D'Orazio, the Company’s Chief Executive Officer, commented, "During the first quarter, we continued to see strong submission flow and rate opportunities across many casualty and specialty lines and grew our E&S casualty portfolio for the first time in several quarters. Although the reinsurance reinstatement premium impact was an unwelcome result, it was tied predominantly to a single claim prior to our 2023 treaty restructuring, which was specifically designed to mitigate volatility from this dynamic going forward. With a diligent focus on underwriting discipline and expense efficiency, we are excited about the market opportunity ahead of us in 2026." First Quarter 2026 Operating Results Gross written premium of $236.4 million, consisting of the following: Net written premium3 of $120.1 million, consisting of the following: Net earned premium3 of $135.7 million, consisting of the following: As cited earlier, results were negatively impacted by $6.7 million of reinsurance reinstatement premiums associated predominantly with one E&S claim. The reinstatement premiums reduced net written and net earned premium, as well as underwriti...
Investor releaseQuarter not tagged2026-05-05James River Group Holdings, Ltd. Q1 2026 Earnings Call Summary
Moby
James River Group Holdings, Ltd. Q1 2026 Earnings Call Summary
Performance was significantly impacted by a $6.7 million reinsurance reinstatement charge related to a single 2022 casualty claim, which management characterized as a disappointing development in an otherwise solid quarter. Management emphasized that E&S treaty placements were restructured in July 2023 specifically to prevent these types of outsized reinstatement adjustments from impacting future results. Strategic growth is being prioritized in Specialty Lines and the Small Business Unit, which management believes hold the most attractive margins in the current transitioning marketplace. The company is observing a divergence in market discipline, with Excess Casualty underwriters maintaining respect for loss trends while Primary General Casualty faces increasing competitive pressure from MGAs and new capacity. Operational efficiency improved through an 11% reduction in G&A expenses, driven by aggressive cost management in the Specialty Admitted and Corporate segments. The company is pivoting toward technology-led underwriting, initiating the rollout of AI-enabled workbenches to improve risk prioritization, data ingestion, and quote turnaround times. Management expects the greatest opportunities for rate increases to remain in the Excess Casualty division throughout 2026. The new E&S treaty structure for accident years 2023 and beyond is designed to mitigate earnings volatility by paying higher upfront rates rather than incurring large reinstatement premiums. Future earnings remain subject to approximately $9 million in aggregate reinstatement premium exposure across accident years 2022 and prior. The company plans to continue scaling its SME platform by leveraging AI technology to differentiate its wholesale-only distribution model. Management anticipates reporting further progress on the rollout of AI underwriting tools as they expand from the initial two departments to the broader E&S staff. A $6.7 million reinstatement premium added approximately 5 points to the consolidated combined ratio and 2 points to the expense ratio. The company ceded $16.2 million of development to the E&S top-up adverse development cover during the quarter, leaving $7.5 million of remaining capacity on that specific cover. Management noted a trend of business moving back to the admitted market, particularly in property and some primary casualty lines, as the market cycle transit...
TranscriptFY2026 Q12026-05-05FY2026 Q1 earnings call transcript
Earnings source - 36 paragraphs
FY2026 Q1 earnings call transcript
Ladies and gentlemen, thank you for standing by. At this time, I would like to welcome everyone to the James River Group Holdings, Inc first quarter 2026 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. I will now turn the conference over to Bob Zimardo, Senior Vice President of Investor Relations. You may begin.
Good morning, everyone, and welcome to James River Group's first quarter 2026 earnings conference call. A quick reminder that during the call, we will be making forward-looking statements that are based on current beliefs, intentions, expectations, and assumptions that are subject to various risks and uncertainties, which may cause actual results to differ materially. Such risks and uncertainties are detailed in the cautionary language regarding forward-looking statements in yesterday's earnings release and the risk factors of our most recent Form 10-K and other reports and filings we have made with the SEC. We do not undertake any duty to update any forward-looking statements. In addition, during this presentation, we may reference non-GAAP financial measures. Please refer to our earnings press release for a reconciliation of these numbers to GAAP, a copy of which can be found on our website.
Lastly, unless otherwise specified, for the reasons described in our earnings press release, all underwriting performance ratios referred to are for our continuing operations in business that is not subject to retroactive reinsurance accounting for lost portfolio transfers. I will now turn the call over to Frank D'Orazio, Chief Executive Officer of James River Group.
Thank you for the introduction, Bob. Good morning, everyone, and thank you for joining us today. As we do each quarter, we look forward to discussing notable highlights of our performance, updates on the execution of key corporate objectives, and the progress that James River continues to make in becoming a best-in-class E&S carrier. This quarter, our E&S results were negatively impacted by a sizable reinsurance reinstatement charge on a 2022 casualty treaty triggered by an individual claim. A disappointing development on an otherwise solid quarter. As we've discussed in the past, the organization restructured its E&S treaty placements in July of 2023 to prevent these types of outsized adjustments from impacting future results. In a few moments, Sarah will provide additional details on the specifics of this reinsurance charge.
Before she does, I'd like to spend a few minutes discussing our current view of the market opportunity for James River, as well as our progress across a number of prioritized corporate initiatives. First and foremost, relative to market opportunities, we continue to believe that heightened discipline is essential in a transitioning marketplace. James River has been well-served by the refinement of our underwriting appetite, focus on smaller insureds, investment in underwriting governance and performance monitoring, and prioritization on underwriting margin, particularly over the last several years. For 2026, we feel our greatest opportunity to push rate remains in our excess casualty division, and the greatest opportunities for overall growth reside in our specialty lines division as well as our small business unit. Underwriting areas that we feel hold the most attractive margin in today's marketplace.
At the segment level, casualty rates were positive at 7.7% for the quarter or consistent with our expectations. While pressure on rates has been most pronounced in our excess property division for several quarters now, we've also recently seen increasing competitive pressure in our primary general casualty department. As a result, our underwriters are navigating opportunities in those lines with appropriate prudence. For the segment, submission growth was strong at 4%, for the first time in several quarters, we modestly grew gross written premiums across our E&S casualty and specialty portfolios, with seven of our 14 underwriting divisions reporting positive growth. Excluding our manufacturers' and contractors' business, where we made refinements in appetite last year, and our small delegated contract binding portfolio, which is currently in runoff, our casualty portfolio was up over 6% when compared to the prior year.
Looking more closely at production, targeted growth during the quarter was driven by several areas I have highlighted this morning. In the aggregate, specialty lines were up 6%, driven by professional liability, energy, and health care, and excess casualty premiums increased 15%, largely driven by our underwriters' ability to continue to drive rate. As mentioned earlier, during 2026, the company has prioritized a number of initiatives aimed largely at making James River a more efficient organization, while also significantly improving our business development acumen and expanding our presence with our distribution partners. Continuing the same discipline that we exhibited during 2025, we also reduced G&A expenses across the group during the quarter by 11%.
Finally, as we discussed during last quarter's call, we are excited about the significant investments in technology that we believe will increase underwriting efficiency while improving the underwriting tools and resources available to our E&S underwriting staff. The rollout of AI-enabled underwriting workbench technology is already underway, with our first two underwriting departments being rolled out this quarter, and we expect to report on the progress of the initiative in future quarters. We are confident that the combination of underwriting improvements and appetite changes we have made over the last several years, in concert with continued expense vigilance and technology adoption, will allow us to optimize our SME platform and further differentiate our very special wholesale-only distribution model.
As we manage the market cycle, I'm encouraged by the uptick in focused production in areas we are hoping to scale and by our ability to continue to push rate where necessary as we navigate through 2026. It continues to be a dynamic and competitive marketplace, but we are well positioned to succeed, strongly supported by our underwriters and wholesale distribution partners. With that, I'll turn it over to Sarah to walk through the financial results in more detail.
Thank you, Frank. Good morning, everyone. This quarter, we reported a net loss to common shareholders of $10.9 million, which compares to net income of $7.6 million for the first quarter of 2025. Operating earnings were $5.8 million or $0.12/diluted share as compared to $9.1 million or $0.19/share. As Frank mentioned, our results this quarter were negatively impacted by $6.7 million of reinsurance reinstatement premiums, largely related to a single E&S claim from 2022 that was booked and settled in the first quarter and subject to our prior $9 million excess of $2 million casualty reinsurance treaty.
The runoff structure of that treaty includes specific amounts of reinstatement premium potential for each accident year, leaving reinstatement premium aggregate exposure of about $9 million across accident years 2022 and prior. The structural changes that we made to that treaty should mitigate the forward impact of earnings volatility for accident years 2023 and on, as we now pay a higher rate on subject premium upfront rather than pay meaningfully for these reinstatement premiums. Absent the reinsurance reinstatement impact, operating earnings would have been $0.22/diluted share. This impact reduced net written premium, net earned premium, and underwriting income for the quarter. It added approximately five points to the group combined ratio of 104.6%, including almost two points to our expense ratio, which was 35.4%.
Absent this impact, the consolidated combined ratio would have been 99.7%, comprised of an adjusted loss ratio of 66% and expense ratio of 33.7%. For E&S specifically, the combined ratio of 96.5% was driven by 68%, a 68% loss ratio and a 28.5% expense ratio. Again, when adjusted for the impact of reinstatement premiums, the E&S combined ratio would be 91.8%, which is right in line with that of the prior quarter. Moving quickly to expenses. As Frank mentioned, expense efficiency continues to be a priority, and G&A expenses declined 11% compared to the prior year quarter, driven by reductions within Specialty Admitted, where they were down 46%, in the corporate segment, where they were down 15%.
Underlying loss trends remain stable. The reserves continue to reflect improved risk selection in the more recent accident years. We recorded de minimis favorable reserve development of $165,000 split between E&S and Specialty Admitted. Consistent with the prior year period, we continue to observe lower frequency and incurred losses in recent accident years while remaining appropriately cautious in recognizing those trends as the business seasons. During the quarter, we ceded $16.2 million of development to the E&S top-up adverse development cover, which covers accident years 2010 through 2023. There is $7.5 million remaining on that cover. Finally, moving on to investments. Net investment income was $21.3 million for the quarter, an increase of 6.6% year-over-year.
These results were driven by improved private investment income due to our move over the last 18 months to invest capital efficiency, efficiently in private credit-rated note vehicles, as well as the deployment of cash into our high-grade portfolio. While we did have strong income from our diversified bank loan portfolio, which represents about 8% of our total cash and invested assets, we also saw some volatility there as the largest driver of net realized and unrealized investment losses. Overall, though, the portfolio remains positioned fairly conservatively, with about 73% of it invested in high-grade fixed income at an average duration of 3.5 years and an A-plus average credit rating. Tangible common equity per share declined modestly to $8.77, reflecting the combination of investment market movements and the impact of the legacy reinsurance structures. With that, I'll turn the call back to the operator to open the line for questions.
Thank you. As a reminder, to ask a question, you will need to press star then the number one on your telephone keypad. If you would like to withdraw your question, press star one again. We do request for today's session that you please limit to 1 question and 1 follow-up. Your first question comes from the line of Mark Hughes with Truist. Your line is open.
Yeah, thank you. Good morning. Frank, you had mentioned a little more competition in the primary general casualty. Where do you see that coming from? How, how significant do you think that is?
In casualty lines, first of all, thanks for the question, Mark. In casualty lines, you know, we've seen fairly aggressive MGAs, and just an overall increase in capacity from carriers interested in the E&S sector, as others, I think, have reported. We've also seen some of the newer competition not only competing on price, but in terms and conditions that, you know, at this point seem unwise, particularly in the GC space. Fortunately for James River, we've been in the sector for greater than 20 years with an existing portfolio and longstanding relationships with distribution partners and insurers. We definitely see a break between underwriters being able to push rate in the excess lines versus the primary lines, much more significant. There seems to be more respect for loss trend from excess casualty underwriters at this point.
Understood. Sarah, on the adverse development cover, the top-up cover, what do the total reserves that are covered by that? If you've got it in front of you, how much has been paid on those, say, expected losses? Just trying to figure out what the paid versus unpaid is at this point on the relevant reserves.
Yeah. Thanks, Mark, for the question. I don't have the paids right in front of me, but very little of the reserve subject to those both of those structures would've been paid by now. Can certainly follow up with that, order of magnitude, I would expect that number to be fairly low. The top-up adverse development cover and the other E&S ADC LPT cover all E&S accident years 2010 through 2023, with the exception of the excess property book and the exception of the runoff Uber portfolio, which is covered by a legacy structure as well.
Understood. If I could slip a third one in, Frank, you talked about the AI-enabled technology on the underwriter's workbench, I think. Could you expand a little bit more on that? What are the kind of practical implications of their day-to-day underwriting activity? What do you think it could mean in terms of either efficiency, underwriting effectiveness? Just curious.
Sure, Mark. We spent the first, really the last few years, I would say, kind of updating and upgrading our core systems, which has enabled us to now explore and invest in these AI-enabled workbenches. We see it as a competitive enabler, just allowing us to optimize operational efficiency. It really runs a gamut of clearance through risk prioritization against our appetite and production source relationships, data ingestion from third parties, and ultimately will facilitate quote and bind processes. We see it as a major efficiency play relative to being able to turn around quotes quicker and in a more targeted fashion.
Thank you very much.
Your next question comes from the line of Brian Meredith with UBS. Your line is open.
Yeah, thanks. Frank, just following up on the market conditions. Perhaps, you can kinda give us a little color on what's going on as far as movements between E&S and the admitted markets. We've heard that, you know, we're starting to see some business move back to the admitted market.
We've definitely seen that as well, particularly in property. We've definitely seen that, but we've now started to see it in some of the more standard lines like primary casualty as well. From a primary basis, some lines that have historically been in the E&S marketplace, now starting to attract some attention from standard markets as well. I would say, you know, to date, it's been most broadly observed in the property area for us specifically.
Would you, like, characterize this like a typical, you know, cycle here where business starts to move back a little bit? Do you think it'll continue?
Yeah. You know, the market's been transitioning. I'm sorry, Brian, did I cut you off?
Yeah. Do you think it'll continue? Yeah.
Yeah. Listen, I think we're several quarters now into a transitioning market, and this is kind of an old story, right? We start to see some of this business now get the attention of the admitted market. I think it's gonna be, you know, more specific to certain classes of business. Anybody who hangs a shingle writes a primary general casualty capability or has a primary casualty capability, that's an obvious choice, as is property as well. We're seeing, I think a little bit more resilience in some of the specialty lines.
Appreciate that. That's, that's great. Sarah, just one other just quick question on this, on this reinstatement. Just trying to get my hands around it. I think what's going on here, right, is that because there was perhaps some development on this claim is why you had the reinstatement premium come through. Is that true? Like, if the treaty wasn't in effect, would there have been adverse development booked this quarter on this claim?
Well, that, let me just be clear. The 9X2 that covers the majority of our E&S book. That's obviously a prospective treaty, I wanna differentiate that from the retrospective treaties. We have reinstatement premiums pretty frequently. I think what stood out this quarter, Brian, was that it was a more sizable, it was a larger claim that settled. There is a fair amount in that book that that treaty protects us from on an ongoing basis.
Gotcha. Okay. Thank you.
Sure.
Once again, everyone, if you would like to ask a question, press star one on your telephone keypad. There are no further questions at this time. I will now turn the call back over to Frank D'Orazio, CEO, for any closing comments.
Thank you, Moderator. I also wanna thank everyone who listened to our call for their time and thoughtful questions this morning. While the quarter did have its headwinds, a very positive takeaway that remains is the underlying strength of the improved business model that we continue to build, and most notably, the very targeted growth and Specialty in casualty lines, the expense discipline, and a team that is executing in today's market. We are well-positioned for 2026 and look forward to keeping you updated on our progress in just a few months.
Ladies and gentlemen, that concludes today's call. Thank you all for joining. You may now disconnect.
Investor releaseQuarter not tagged2026-05-04James River Group Holdings Inc (JRVR) Q1 2026 Earnings Report Preview: What To Expect
GuruFocus.com
James River Group Holdings Inc (JRVR) Q1 2026 Earnings Report Preview: What To Expect
This article first appeared on GuruFocus. James River Group Holdings Inc (NASDAQ:JRVR) is set to release its Q1 2026 earnings on May 5, 2026. The consensus estimate for Q1 2026 revenue is $166.22 million, and the earnings are expected to come in at $0.22 per share. The full year 2026's revenue is expected to be $659.62 million, and the earnings are expected to be $1.08 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Sign with JRVR. Is JRVR fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for James River Group Holdings Inc (NASDAQ:JRVR) have declined from $684.22 million to $659.62 million for the full year 2026. In contrast, revenue estimates have increased from $667.44 million to $670.21 million for 2027 over the past 90 days. Earnings estimates have risen from $1.06 per share to $1.08 per share for the full year 2026. Similarly, for 2027, earnings estimates have increased from $1.16 per share to $1.18 per share over the past 90 days. In the previous quarter ending on December 31, 2025, James River Group Holdings Inc's (NASDAQ:JRVR) actual revenue was $167.75 million, which missed analysts' revenue expectations of $171.99 million by -2.46%. The actual earnings were $0.66 per share, surpassing analysts' earnings expectations of $0.17 per share by 288.24%. After releasing the results, James River Group Holdings Inc (NASDAQ:JRVR) was down by -6.45% in one day. Based on the one-year price targets offered by two analysts, the average target price for James River Group Holdings Inc (NASDAQ:JRVR) is $7.50, with a high estimate of $8.00 and a low estimate of $7.00. The average target implies an upside of 21.16% from the current price of $6.19. Based on GuruFocus estimates, the estimated GF Value for James River Group Holdings Inc (NASDAQ:JRVR) in one year is $7.29, suggesting an upside of 17.77% from the current price of $6.19. Based on the consensus recommendation from three brokerage firms, James River Group Holdings Inc's (NASDAQ:JRVR) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Investor releaseQuarter not tagged2026-05-01Earnings To Watch: James River Group Holdings Inc (JRVR) Reports Q1 2026 Result
GuruFocus.com
Earnings To Watch: James River Group Holdings Inc (JRVR) Reports Q1 2026 Result
This article first appeared on GuruFocus. James River Group Holdings Inc (NASDAQ:JRVR) is set to release its Q1 2026 earnings on May 4, 2026. The consensus estimate for Q1 2026 revenue is $166.22 million, and the earnings are expected to come in at $0.22 per share. The full year 2026's revenue is expected to be $659.62 million and the earnings are expected to be $1.08 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Sign with JRVR. Is JRVR fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for James River Group Holdings Inc (NASDAQ:JRVR) have declined from $684.22 million to $659.62 million for the full year 2026 and increased from $667.44 million to $670.21 million for 2027 over the past 90 days. Earnings estimates have increased from $1.06 per share to $1.08 per share for the full year 2026 and increased from $1.16 per share to $1.18 per share for 2027 over the past 90 days. In the previous quarter of 2025-12-31, James River Group Holdings Inc's (NASDAQ:JRVR) actual revenue was $167.75 million, which missed analysts' revenue expectations of $171.99 million by -2.46%. James River Group Holdings Inc's (NASDAQ:JRVR) actual earnings were $0.66 per share, which beat analysts' earnings expectations of $0.17 per share by 288.24%. After releasing the results, James River Group Holdings Inc (NASDAQ:JRVR) was down by -6.45% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for James River Group Holdings Inc (NASDAQ:JRVR) is $7.50 with a high estimate of $8.00 and a low estimate of $7.00. The average target implies an upside of 20.97% from the current price of $6.20. Based on GuruFocus estimates, the estimated GF Value for James River Group Holdings Inc (NASDAQ:JRVR) in one year is $7.29, suggesting an upside of 17.58% from the current price of $6.20. Based on the consensus recommendation from 3 brokerage firms, James River Group Holdings Inc's (NASDAQ:JRVR) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.
Investor releaseQuarter not tagged2026-04-07James River to Hold Its First Quarter Earnings Conference Call on Tuesday, May 5, 2026
GlobeNewswire
James River to Hold Its First Quarter Earnings Conference Call on Tuesday, May 5, 2026
CHAPEL HILL, N.C., April 06, 2026 (GLOBE NEWSWIRE) -- James River Group Holdings, Inc. ("James River" or the "Company") (NASDAQ: JRVR) will release first quarter earnings after the market closes on Monday, May 4, 2026. It will also host an earnings conference call on Tuesday, May 5, 2026 beginning at 8:00 a.m. (Eastern Time). The conference call may be accessed by dialing (800) 715-9871, conference ID 1541721, or via the investor website at https://investors.jrvrgroup.com. A replay will also be available in the same location. About James River Group Holdings, Inc. James River Group Holdings, Inc. is a holding company that owns and operates a group of specialty insurance companies. The Company operates in two specialty property-casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) by A.M. Best Company. Visit James River Group Holdings, Inc. on the web at https://jrvrgroup.com. Bob Zimardo SVP, Investments & Investor Relations [email protected]
Investor releaseQuarter not tagged2026-03-03James River Group: Q4 Earnings Snapshot
Associated Press Finance
James River Group: Q4 Earnings Snapshot
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — James River Group Holdings Ltd. (JRVR) on Monday reported net income of $32.1 million in its fourth quarter. On a per-share basis, the Pembroke, Bermuda-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring gains, came to 30 cents per share. The insurance holding company posted revenue of $167.7 million in the period. For the year, the company reported profit of $47.4 million, or 79 cents per share. Revenue was reported as $687.6 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JRVR at https://www.zacks.com/ap/JRVR
Investor releaseQuarter not tagged2026-03-03James River Group (JRVR) Misses Q4 Earnings and Revenue Estimates
Zacks
James River Group (JRVR) Misses Q4 Earnings and Revenue Estimates
James River Group (JRVR) came out with quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to a loss of $0.99 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this insurance holding company would post earnings of $0.26 per share when it actually produced earnings of $0.32, delivering a surprise of +23.08%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. James River Group, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $167.75 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 5.12%. This compares to year-ago revenues of $126.71 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. James River Group shares have added about 10.1% since the beginning of the year versus the S&P 500's gain of 0.5%. While James River Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for James River Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the co...
Investor releaseQuarter not tagged2026-03-03James River Announces Fourth Quarter 2025 Results
GlobeNewswire
James River Announces Fourth Quarter 2025 Results
CHAPEL HILL, N.C., March 02, 2026 (GLOBE NEWSWIRE) -- James River Group Holdings, Inc. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the fourth quarter 2025 as compared to the same period in 2024: Unless specified otherwise, all underwriting performance ratios presented herein are for our continuing operations and business not subject to retroactive reinsurance accounting. 2025 Highlights2: Full year combined ratio of 96.6%. General and administrative expenses down 9% compared to 2024. Tangible common equity per share of $8.94 grew 34% since December 31, 2024. Adjusted net operating return on tangible common equity of 15.3%. Company completed its redomicile from Bermuda to Delaware on November 7, 2025. Fourth Quarter Highlights2: Net income available to common shareholders of $30.1 million includes the one-time tax expense benefit of $14.1 million related to the Company's redomicile. Combined ratio of 94.1% as compared to 155.1% in the prior year quarter. Underwriting profit of $8.6 million as compared to a loss of $58.1 million in the prior year quarter. Expense ratio of 29.2% as compared to 43.7% in the prior year quarter. Excess and Surplus (“E&S”) segment combined ratio of 86.0% as compared to 159.8% in the prior year quarter. Chief Executive Officer Frank D'Orazio commented, "Throughout 2025, our Company remained disciplined and focused on creating value for our shareholders, and our fourth-quarter results reflect the tangible momentum created by that work. The strategic actions, underwriting changes, and focus on smaller insureds that we have driven over the past few years have strengthened our organization while improving our profitability and operational efficiency. This year's results provide a strong foundation to build upon for 2026 as we continue to pursue compelling opportunities across the E&S market." E&S Segment Highlights2: Net earned premium of $140.9 million for the quarter and $559.5 million for the year, an increase of 61.5% and 9.2% respectively from the prior year periods. Gross written premium for the segment declined 5% for full-year 2025 and 14.5% compared to the prior year periods driven by a continued focus on smaller profitable accounts (average premium per policy down 10% year over year) and a reduction of risks outside of our underwriting appetite. Underwriting profit of $19.7 million...