James River Group Holdings, Ltd.

JRVR Financial Insurance Specialty

James River Group Holdings, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $687.6 million, down 2.83% from fiscal 2024. In the quarter to June 2026, revenue fell 7.72%, EPS grew 66.7%, free cash flow fell 124.1% and total debt was flat, each against the same quarter a year earlier.

3.82 0.11 +2.96%
Market cap
$171.6M
P/E
7.5×
Fwd P/E
5.5×
Dividend yield
1.05%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 20.92%

Capital & Financial Ratios $m

Market Cap 171.58
Revenue 653.21
Net Income 47.43
Free Cash Flow (2.31)
Net Debt 125.65
Current Ratio 0.63
Debt/Equity 0.50
P/E ratio 7.49
Fwd P/E 5.51
P/S ratio 0.27
P/B ratio 0.34
Past 5Y EPS Growth 37.63% (at or above 15%: strong)
This Y EPS Growth (31.97%) (below 0%: weak)
Next Y EPS Growth 16.41% (at or above 15%: strong)
Next Y revenue growth (9.98%) (below 0%: weak)
Next 5Y EPS Growth (10.61%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 4.93%
10-year low 10-year high
P/S against its own 10 years 4.39%
10-year low 10-year high
P/B against its own 10 years 2.25%
10-year low 10-year high

Dividends

Payout Ratio 0.11
Annual Dividend Rate 0.04
Annual Dividend Yield 1.05%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.04
0.01
0.01
0.01
2025 0.12
0.01
0.01
0.01
0.01
2024 0.16
0.05
0.05
0.05
0.01
2023 0.20
0.05
0.05
0.05
0.05
2022 0.20
0.05
0.05
0.05
0.05
2021 1.20
0.30
0.30
0.30
0.30
2020 1.20
0.30
0.30
0.30
0.30
2019 1.20
0.30
0.30
0.30
0.30
2018 1.20
0.30
0.30
0.30
0.30
2017 1.20
0.30
0.30
0.30
0.30
2016 0.60
0.20
0.20
0.20
1.35
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 347 391 269 204
Receivables 1,516 2,098 2,144 2,111
Inventory — — — —
Other — — — —
1,863 2,489 2,414 2,315
2023 2024 2025 Q'26
Payables 3,353 3,789 3,616 3,555
ST’ Debt 104 104 104 104
Other — — — —
3,513 3,947 3,751 3,680

Compound Annual Growth %

10y 5y 3y
Sales 3.14% 0.56% 1.30%
Cash Flow 0.00% 0.00% 0.00%
Earnings (2.98%) 52.32% 21.19%
Book Value (0.14%) (3.34%) (1.32%)

Revenue $m

Mar Jun Sep Dec Year
’26 151 161 — — —
’25 172 175 173 168 688
’24 201 188 191 127 708
’23 192 195 210 215 812
’22 202 185 201 74 662
’21 183 192 191 43 609
’20 110 187 177 194 669
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (5) — — —
’25 (51) 25 34 (27) (19)
’24 24 (9) (270) 7 (247)
’23 19 23 55 (10) 88
’22 65 74 29 55 223
’21 (81) (12) (968) 148 (914)
’20 (65) (71) (86) (52) (274)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (6) — — —
’25 (53) 25 34 (29) (24)
’24 23 (9) (271) 5 (252)
’23 18 22 54 (13) 82
’22 64 73 27 51 215
’21 (81) (14) (969) 144 (920)
’20 (66) (71) (86) (52) (274)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.23) 0.10 — — —
’25 0.16 0.06 (0.02) 0.53 0.79
’24 0.35 0.13 (1.10) (2.28) (3.06)
’23 0.18 0.54 0.45 (3.43) (3.13)
’22 0.25 0.13 (0.19) 0.40 0.59
’21 (3.37) 0.60 (0.64) (1.78) (4.94)
’20 (1.21) 1.16 0.85 (0.66) 0.16
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 25.86 37.24 32.17 34.26 25.34 24.43 19.76 8.15 4.35 3.00

Analyst estimates 2026–2028

Powerpack
High 42.17 46.20 43.47 52.18 57.41 56.10 30.11 24.92 11.49 6.89
People
People Employees 557 760 750 800 683 638 639 649 645 578
Revenue/emp, $m 1.05 1.08 1.18 1.13 0.98 0.95 1.04 1.25 1.10 1.19
Income, $m
Income, $m Revenue 586 818 886 907 669 609 662 812 708 688
Gross margin, % 44.49 32.07 32.22 25.91 28.44 6.05 33.39 38.40 21.66 37.87
EBT 79 55 71 52 12 (108) 53 87 (71) 51
EBT margin, % 13.53 6.74 8.00 5.72 1.79 (17.75) 8.05 10.70 (10.05) 7.35
Net income 74 44 64 38 5 (173) 31 (108) (81) 47
Depreciation 104 118 115 88 81 74 90 96 69 65
Per share, $
Per share, $ Revenue 20.17 27.75 29.63 29.96 21.89 17.42 17.67 21.59 18.29 14.96
Earnings 2.56 1.48 2.14 1.27 0.16 (4.94) 0.59 (3.14) (3.06) 0.86
Cash flow 5.31 7.05 9.70 49.18 (8.96) (26.13) 5.95 2.34 (6.39) (0.41)
Capex 0.00 0.00 0.00 (0.02) (0.02) (0.18) (0.22) (0.17) (0.13) (0.10)
Free cash flow 5.31 7.05 9.70 49.17 (8.98) (26.31) 5.73 2.17 (6.51) (0.51)
Book value 23.85 23.58 23.73 25.72 26.04 20.75 18.66 18.06 15.36 14.60
Shares, m 29 29 30 30 31 35 37 38 39 46
Valuation, ×
Valuation, × P/E 16.44 26.70 17.07 32.45 307.19 0.00 35.41 0.00 0.00 7.31
P/S 2.08 1.42 1.23 1.38 2.25 1.65 1.18 0.43 0.27 0.43
P/B 1.76 1.68 1.54 1.60 1.89 1.39 1.41 0.65 0.41 0.54
EV/Sales 2.22 1.47 1.29 0.11 1.26 1.78 1.28 0.40 0.14 0.51
EV/FCF 8.59 5.86 3.96 0.07 (3.08) (1.18) 3.94 3.99 (0.41) (14.96)
Cash, $m
Cash, $m Operating cash flow 154 208 290 1,489 (274) (914) 223 88 (247) (19)
Capex — — — (1) (1) (6) (8) (6) (5) (5)
Free cash flow 154 208 290 1,489 (274) (920) 215 82 (252) (24)
Balance, $m
Balance, $m Working capital (1,220) (1,433) (1,607) (733) (1,219) (2,051) (1,567) (1,650) (1,457) (1,337)
Total debt 192 202 222 262 366 366 326 326 305 330
Net debt 83 39 50 (1,144) (656) 74 64 (20) (86) 60
Shareholders’ equity 693 695 709 779 796 725 699 680 594 671
Returns, %
Returns, % ROA 3.38 1.71 2.17 0.94 0.10 (3.45) 0.44 (2.26) (2.29) 0.80
ROIC 7.20 5.51 6.89 0.00 10.78 (7.55) 5.57 10.94 (4.96) 6.50
ROE 10.84 6.28 9.09 5.15 0.61 (22.72) 3.47 (21.72) (23.76) 7.92
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

James River Group Holdings, Ltd. vs peers in Insurance Specialty (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AGO Assured Guaranty Ltd. $3.1B 9.5× 11.8× −30.60% (below 0%: shrinking) −57.89% (below 0%: shrinking) −48.72% (below 0%: shrinking) 97.95% 42.05% Compare
NMIH NMI Holdings Inc $3.0B 7.9× 7.1× +8.12% (above 0%: growing) +13.82% (above 0%: growing) +10.69% (above 0%: growing) 93.00% 76.67% Compare
EIG Employers Holdings Inc $906.1M 73.2× 18.2× −10.60% (below 0%: shrinking) +29.03% (above 0%: growing) −1,111.11% (below 0%: shrinking) 16.35% 16.35% Compare
TIPT Tiptree Financial Inc. $618.6M 1.5× — (loss-making) +64.86% (above 0%: growing) +1,976.00% (above 0%: growing) +179.79% (above 0%: growing) 100.00% 0.00% Compare
ITIC Investors Title Company $544.0M 13.5× 5.6× +17.45% (above 0%: growing) +19.05% (above 0%: growing) −18.47% (below 0%: shrinking) 55.58% 22.48% Compare
AMSF AMERISAFE, Inc. $464.1M 10.1× 16.0× +13.42% (above 0%: growing) +8.22% (above 0%: growing) +118.79% (above 0%: growing) 29.93% 19.86% Compare
MBI MBIA, Inc. $224.0M — (loss-making) — (loss-making) +17.39% (above 0%: growing) n/m −500.00% (below 0%: shrinking) 66.67% 22.22% Compare
OSG Octave Specialty Group, Inc. $207.2M — (loss-making) — (loss-making) +51.02% (above 0%: growing) n/m −576.08% (below 0%: shrinking) 76.26% (0.47%) Compare
JRVR James River Group Holdings, Ltd. $171.6M 7.5× 5.5× −7.72% (below 0%: shrinking) +66.67% (above 0%: growing) −124.07% (below 0%: shrinking) 38.58% 9.26%
Median of peers $581.3M 9.8× 11.8× +15.41% +16.44% −33.59% 71.47% 21.04%

All 17 Insurance Specialty stocks →

James River Group Holdings, Ltd. (JRVR) key facts

  • Concern: James River Group Holdings, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $687.6 million, down 2.83% from fiscal 2024.
  • James River Group Holdings, Ltd. (JRVR) is an Insurance Specialty company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, JRVR traded at $3.82, a market capitalization of $171.6 million.
  • James River Group Holdings, Ltd. pays an annual dividend of $0.04 per share, a yield of 1.05%, with a payout ratio of 10.5%.
  • Return on equity was 7.92% and debt-to-equity 0.50.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

James River Group Holdings, Ltd. (JRVR) Latest News

stockrow.com/JRVR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com