JMP Group LLC (NYSE:JMP) CEO Joseph A. Jolson purchased 2,797 shares of JMP Group stock in a transaction that occurred on Thursday, November 1st. The stock was purchased at an average cost of $4.94 per share, for a total transaction of $13,817.18. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
JMP Group stock opened at $4.98 on Monday. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.96 and a current ratio of 1.96. JMP Group LLC has a 12 month low of $4.80 and a 12 month high of $5.78. The firm has a market capitalization of $106.83 million, a price-to-earnings ratio of 24.90, a P/E/G ratio of 1.99 and a beta of 0.66.
JMP Group (NYSE:JMP) last released its earnings results on Wednesday, October 24th. The financial services provider reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.04). JMP Group had a positive return on equity of 6.65% and a negative net margin of 2.51%. The company had revenue of $33.25 million during the quarter, compared to the consensus estimate of $41.30 million. On average, research analysts predict that JMP Group LLC will post 0.25 EPS for the current year.
The business also recently announced a monthly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be issued a $0.03 dividend. This represents a $0.36 annualized dividend and a yield of 7.23%. The ex-dividend date is Thursday, November 29th. JMP Group’s dividend payout ratio (DPR) is 180.00%.
A hedge fund recently bought a new stake in JMP Group stock. Ladenburg Thalmann Financial Services Inc. bought a new position in JMP Group LLC (NYSE:JMP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 29,015 shares of the financial services provider’s stock, valued at approximately $147,000. Ladenburg Thalmann Financial Services Inc. owned approximately 0.13% of JMP Group at the end of the most recent quarter. 12.51% of the stock is owned by institutional investors.
Several equities research analysts recently weighed in on the company. Barrington Research reaffirmed a “buy” rating and issued a $8.00 price target on shares of JMP Group in a research note on Tuesday, July 24th. Zacks Investment Research raised JMP Group from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Thursday, October 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.42.
About JMP Group
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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