Alert: Positive Investment/Fundamental Signals (3/27/24)-James River Group Holdings Ltd (NASDAQ: JRVR)

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Recent important positive changes in fundamentals have benefitted James River Group Holdings Ltd (NASDAQ: JRVR): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Important positive changes in James River Group Holdings Ltd (NASDAQ: JRVR) investment behavior have recently occurred: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, JRVR is expected to be a Value Builder.

James River Group Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. James River Group Holdings has a good Appreciation Score of 70 but a slightly negative Power Rating of 35, leading to the Neutral Value Trend Rating.

Recent Price Action

James River Group Holdings Ltd (NASDAQ: JRVR) stock enjoyed a very large increase of 9.2% on 3/27/24. The shares closed at $9.24. However, trading volume in this advance was below average at 82% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 19.2% during the last week.

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