Overview Dividends

(JRVR) James River Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG5005R1079

Insurance, Liability, Property, Fronting

JRVR EPS (Earnings per Share)

EPS Growth (3Y CAGR): -13.98%
EPS Trend (3Y Correlation): -55.2%

JRVR Revenue

Revenue Growth (3Y CAGR): -4.98%
Revenue Trend (3Y Correlation): -71.3%

Description: JRVR James River Holdings October 28, 2025

James River Group Holdings, Ltd. (NASDAQ:JRVR) is a Bermuda-based specialty insurer that operates two segments: Excess & Surplus Lines, which underwrites liability and property policies in the U.S. mainland, Puerto Rico and the U.S. Virgin Islands through wholesale brokers; and Specialty Admitted Insurance, which supplies fronting, program administration and managing general agent solutions to other carriers.

Key metrics as of the latest quarter show a combined ratio of 93.4% in the Excess & Surplus Lines segment, indicating underwriting profitability, while the company’s return on equity (ROE) hovered around 12%, above the industry median of ~9%. JRVR’s earnings are sensitive to U.S. natural-catastrophe exposure and to the broader hardening of the property-casualty market, which has been driven by rising reinsurance costs and higher interest-rate environments that improve investment income.

For a deeper quantitative view, the ValueRay platform offers a granular breakdown of JRVR’s risk metrics and peer comparisons, which can help you assess the stock’s relative value.

JRVR Stock Overview

Market Cap in USD	237m
Sub-Industry	Property & Casualty Insurance
IPO / Inception	2005-08-09

JRVR Stock Ratings

Growth Rating	-45.9%
Fundamental	20.5%
Dividend Rating	1.0%
Return 12m vs S&P 500	-30.4%
Analyst Rating	4.25 of 5

JRVR Dividends

Dividend Yield 12m	0.78%
Yield on Cost 5y	0.09%
Annual Growth 5y	-39.57%
Payout Consistency	82.8%
Payout Ratio	80.0%

JRVR Growth Ratios

Growth Correlation 3m	-69.6%
Growth Correlation 12m	46.9%
Growth Correlation 5y	-97.7%
CAGR 5y	-38.65%
CAGR/Max DD 3y (Calmar Ratio)	-0.45
CAGR/Mean DD 3y (Pain Ratio)	-0.70
Sharpe Ratio 12m	-0.07
Alpha	-22.90
Beta	0.015
Volatility	46.57%
Current Volume	123.3k
Average Volume 20d	159k
Stop Loss	4.9 (-4.9%)
Signal	-0.79

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (-89.8m TTM) > 0 and > 6% of Revenue (6% = 39.9m TTM)

FCFTA -0.06 (>2.0%) and ΔFCFTA -7.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 234.0% (prev 54.12%; Δ 179.9pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.06 (>3.0%) and CFO -288.8m <= Net Income -89.8m (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 8.37 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (46.4m) change vs 12m ago 22.07% (target <= -2.0% for YES)

Gross Margin -76.09% (prev 13.09%; Δ -89.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 13.64% (prev 17.26%; Δ -3.62pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -3.38 (EBITDA TTM -79.7m / Interest Expense TTM 23.2m) >= 6 (WARN >= 3)

Altman Z'' 1.57

(A) 0.31 = (Total Current Assets 1.77b - Total Current Liabilities 211.3m) / Total Assets 5.02b

(B) -0.08 = Retained Earnings (Balance) -393.0m / Total Assets 5.02b

(D) -0.10 = Book Value of Equity -443.7m / Total Liabilities 4.39b

Total Rating: 1.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 20.47

1. Piotroski 0.0pt = -5.0

2. FCF Yield 30.82% = 5.0

3. FCF Margin -44.19% = -7.50

4. Debt/Equity 0.53 = 2.36

5. Debt/Ebitda 2.76 = -1.40

6. ROIC - WACC (= -10.01)% = -12.50

7. RoE -14.30% = -2.38

8. Rev. Trend -71.31% = -5.35

9. EPS Trend -55.20% = -2.76

What is the price of JRVR shares?

As of October 31, 2025, the stock is trading at USD 5.15 with a total of 123,348 shares traded.
Over the past week, the price has changed by -2.28%, over one month by -8.85%, over three months by -6.86% and over the past year by -17.45%.

Is James River Holdings a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, James River Holdings (NASDAQ:JRVR) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 20.47 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of JRVR is around 3.33 USD . This means that JRVR is currently overvalued and has a potential downside of -35.34%.

Is JRVR a buy, sell or hold?

James River Holdings has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy JRVR.

Strong Buy: 2
Buy: 1
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the JRVR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	7.1	37.1%
Analysts Target Price	7.1	37.1%
ValueRay Target Price	3.5	-31.3%

JRVR Fundamental Data Overview October 31, 2025

Market Cap USD = 236.5m (236.5m USD * 1.0 USD.USD)
P/E Forward = 4.8638
P/S = 0.3555
P/B = 0.5174
Beta = 0.015
Revenue TTM = 665.3m USD
EBIT TTM = -78.3m USD
EBITDA TTM = -79.7m USD
Long Term Debt = 329.9m USD (from longTermDebt, last quarter)
Short Term Debt = 3.15m USD (from shortTermDebt, last fiscal year)
Debt = 329.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -220.0m USD (from netDebt column, last quarter)
Enterprise Value = -953.9m USD (236.5m + Debt 329.9m - CCE 1.52b)
Interest Coverage Ratio = -3.38 (Ebit TTM -78.3m / Interest Expense TTM 23.2m)
FCF Yield = 30.82% (FCF TTM -294.0m / Enterprise Value -953.9m)
FCF Margin = -44.19% (FCF TTM -294.0m / Revenue TTM 665.3m)
Net Margin = -13.50% (Net Income TTM -89.8m / Revenue TTM 665.3m)
Gross Margin = -76.09% ((Revenue TTM 665.3m - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 2.98% (prev 6.43%)
Tobins Q-Ratio = -0.19 (set to none) (Enterprise Value -953.9m / Total Assets 5.02b)
Interest Expense / Debt = 1.76% (Interest Expense 5.80m / Debt 329.9m)
Taxrate = 30.12% (2.21m / 7.33m)
NOPAT = -54.7m (EBIT -78.3m * (1 - 30.12%)) [loss with tax shield]
Current Ratio = 8.37 (Total Current Assets 1.77b / Total Current Liabilities 211.3m)
Debt / Equity = 0.53 (Debt 329.9m / totalStockholderEquity, last quarter 625.7m)
Debt / EBITDA = 2.76 (negative EBITDA) (Net Debt -220.0m / EBITDA -79.7m)
Debt / FCF = 0.75 (negative FCF - burning cash) (Net Debt -220.0m / FCF TTM -294.0m)
Total Stockholder Equity = 628.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.79% (Net Income -89.8m / Total Assets 5.02b)
RoE = -14.30% (Net Income TTM -89.8m / Total Stockholder Equity 628.1m)
RoCE = -8.17% (EBIT -78.3m / Capital Employed (Equity 628.1m + L.T.Debt 329.9m))
RoIC = -6.76% (negative operating profit) (NOPAT -54.7m / Invested Capital 809.4m)
WACC = 3.25% (E(236.5m)/V(566.4m) * Re(6.07%) + D(329.9m)/V(566.4m) * Rd(1.76%) * (1-Tc(0.30)))
Discount Rate = 6.07% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 11.04%
Fair Price DCF = unknown (Cash Flow -294.0m)
EPS Correlation: -55.20 | EPS CAGR: -13.98% | SUE: -0.76 | # QB: 0
Revenue Correlation: -71.31 | Revenue CAGR: -4.98% | SUE: -0.01 | # QB: 0

Additional Sources for JRVR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle