James River reports second-quarter results and analysts rate James River stock Reduce

Published on 10/05/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 161.34 million in the second quarter against USD 135.50 million expected. James River stock had USD 0.20 earnings per share versus USD 0.24 expected.

JRVR, US46990A1025, Illustration mit AI erstellt.

James River Group Holdings, Ltd. (ISIN US46990A1025) reported USD 161.34 million in revenue for the second quarter of 2026, above the USD 135.50 million consensus estimate. On September 18, 2026, MarketBeat said seven firms rated the stock Reduce, giving investors two competing signals: strong revenue relative to expectations and weaker earnings per share.

Revenue beat, earnings missed

James River posted USD 0.20 in earnings per share for the second quarter, below the USD 0.24 consensus estimate. The result missed expectations by USD 0.04 even as revenue exceeded the USD 135.50 million forecast by USD 25.84 million, a 19.07 percent beat.

MarketBeat also reported a 4.68 percent net margin and a 9.93 percent return on equity for the quarter. The split between revenue and earnings matters because specialty insurers can expand premium activity while claims, reserve development or investment results weigh on profitability.

Analyst targets stay divided

The September 18 consensus cited by MarketBeat included six Hold ratings and one Sell rating, with an average 12-month price target of USD 5.75. Truist cut its target from USD 6.00 to USD 5.00 on August 12, while UBS reduced its target from USD 4.75 to USD 4.00 on August 17, according to MarketBeat.

The company is a specialty property and casualty insurance holding company focused on excess and surplus lines, specialty admitted insurance and casualty reinsurance. Its investor-relations page says 85 percent of gross written premiums and 96 percent of net written premiums came from excess and surplus lines in fiscal year 2025, while 97 percent of gross written premiums came from casualty insurance.

Nasdaq value and yearly range

The last Nasdaq quote was USD 3.49 on October 2, 2026 at 4:00 p.m. ET. The USD 3.36 to USD 7.20 52-week range places that quote USD 3.71, or 51.53 percent, below the yearly high, while market capitalization stood at USD 161.4 million on the same date.