While James River Group Holdings Ltd has underperformed by -6.46%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JRVR fell by -62.62%, with highs and lows ranging from $22.15 to $6.35, whereas the simple moving average fell by -30.35% in the last 200 days.
On March 22, 2024, Compass Point Upgraded James River Group Holdings Ltd (NASDAQ: JRVR) to Buy. A report published by Truist on November 09, 2023, Downgraded its rating to ‘Hold’ for JRVR. Keefe Bruyette also Downgraded JRVR shares as ‘Mkt Perform’, setting a target price of $14 on the company’s shares in a report dated November 09, 2023. Barclays November 09, 2023d the rating to Underweight on November 09, 2023, and set its price target from $15 to $12. Compass Point November 02, 2022d its ‘Buy’ rating to ‘Neutral’ for JRVR, as published in its report on November 02, 2022. Keefe Bruyette’s report from November 12, 2021 suggests a price prediction of $35 for JRVR shares, giving the stock a ‘Outperform’ rating. Truist also rated the stock as ‘Buy’.
Analysis of James River Group Holdings Ltd (JRVR)
JRVR currently pays a dividend of $0.20 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -14.63%, showing a negative trend in the upcoming months.
In order to gain a clear picture of James River Group Holdings Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 10.58% is sufficient for you to turn a profit off your investment.
An average volume of 1.05M can be a very valuable indicator of volatility for JRVR stock. On a monthly basis, the volatility of the stock is set at 5.15%, whereas on a weekly basis, it is put at 7.65%, with a loss of -10.05% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.00, showing growth from the present price of $7.97, which can serve as yet another indication of whether JRVR is worth investing in or should be passed over.
How Do You Analyze James River Group Holdings Ltd Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.59%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 95.37% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JRVR shares are owned by institutional investors to the tune of 95.37% at present.
