Headlines about JMP Group (NYSE:JMP) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. JMP Group earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.9888840450359 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of JMP Group stock traded down $0.02 on Friday, hitting $5.46. The stock had a trading volume of 15,570 shares, compared to its average volume of 17,452. The company has a debt-to-equity ratio of 10.48, a quick ratio of 4.05 and a current ratio of 1.96. JMP Group has a one year low of $4.92 and a one year high of $5.78. The stock has a market capitalization of $117.56 million, a price-to-earnings ratio of 27.30, a P/E/G ratio of 1.61 and a beta of 0.64.
JMP Group (NYSE:JMP) last released its quarterly earnings results on Wednesday, July 25th. The financial services provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.13. The business had revenue of $44.26 million for the quarter, compared to analysts’ expectations of $30.20 million. JMP Group had a negative net margin of 3.67% and a positive return on equity of 7.03%. equities research analysts forecast that JMP Group will post 0.34 earnings per share for the current fiscal year.
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be given a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a yield of 6.59%. The ex-dividend date of this dividend is Thursday, August 30th. JMP Group’s dividend payout ratio is currently 180.00%.
Several research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of JMP Group from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective on the stock in a report on Thursday, August 2nd. Barrington Research reaffirmed a “buy” rating and issued a $8.00 target price on shares of JMP Group in a research note on Tuesday, July 24th. TheStreet raised shares of JMP Group from a “d+” rating to a “c-” rating in a research note on Friday, July 6th. Finally, ValuEngine downgraded shares of JMP Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $6.58.
In related news, CEO Joseph A. Jolson purchased 16,500 shares of the stock in a transaction dated Wednesday, June 13th. The stock was purchased at an average price of $5.05 per share, with a total value of $83,325.00. Following the transaction, the chief executive officer now directly owns 77,026 shares in the company, valued at $388,981.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joseph A. Jolson purchased 5,425 shares of the stock in a transaction dated Wednesday, June 6th. The stock was bought at an average cost of $5.05 per share, with a total value of $27,396.25. The disclosure for this purchase can be found here. Insiders have acquired 36,925 shares of company stock valued at $186,471 in the last three months. Insiders own 52.75% of the company’s stock.
JMP Group Company Profile
JMP Group LLC, together with its subsidiaries, provides investment banking, sales and trading, equity research, and asset management products and services in the United States. The company operates through three segments: Broker-Dealer, Asset Management, and Corporate. The Broker-Dealer segment offers various 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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