Headlines about JMP Group (NYSE:JMP) have been trending somewhat positive on Tuesday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JMP Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 47.8683240927533 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
Several analysts have weighed in on JMP shares. Zacks Investment Research downgraded shares of JMP Group from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Keefe, Bruyette & Woods started coverage on shares of JMP Group in a research note on Monday, October 16th. They set a “mkt perform” rating and a $5.75 price objective for the company.
Shares of JMP Group (JMP) traded up $0.10 during midday trading on Tuesday, reaching $5.51. 38,034 shares of the company’s stock traded hands, compared to its average volume of 38,507. The company has a debt-to-equity ratio of 7.31, a quick ratio of 3.25 and a current ratio of 3.25. JMP Group has a twelve month low of $5.20 and a twelve month high of $7.70. The firm has a market cap of $115.60, a PE ratio of 31.65, a price-to-earnings-growth ratio of 1.08 and a beta of 0.90.
JMP Group (NYSE:JMP) last announced its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. JMP Group had a negative net margin of 11.87% and a positive return on equity of 2.90%. The business had revenue of $32.03 million during the quarter, compared to analysts’ expectations of $29.90 million. sell-side analysts forecast that JMP Group will post 0.5 earnings per share for the current fiscal year.
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were paid a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a yield of 6.53%. The ex-dividend date was Monday, October 30th. JMP Group’s payout ratio is -57.14%.
In other JMP Group news, Director Thomas Rowe Wright acquired 12,500 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was acquired at an average cost of $5.33 per share, for a total transaction of $66,625.00. Following the purchase, the director now owns 363,636 shares in the company, valued at approximately $1,938,179.88. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 52.11% of the company’s stock.
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About JMP Group
JMP Group LLC, formerly JMP Group, Inc, is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions, restructuring and other strategic transactions.
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