JMP Group LLC (NYSE:JMP) CEO Joseph A. Jolson purchased 5,500 shares of JMP Group stock in a transaction that occurred on Monday, November 5th. The stock was bought at an average cost of $5.00 per share, with a total value of $27,500.00. Following the completion of the transaction, the chief executive officer now owns 77,026 shares of the company’s stock, valued at $385,130. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NYSE:JMP opened at $4.98 on Friday. JMP Group LLC has a one year low of $4.80 and a one year high of $5.78. The company has a debt-to-equity ratio of 10.48, a current ratio of 1.96 and a quick ratio of 1.96. The stock has a market capitalization of $106.71 million, a PE ratio of 24.90, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66.
JMP Group (NYSE:JMP) last announced its earnings results on Wednesday, October 24th. The financial services provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). JMP Group had a negative net margin of 2.51% and a positive return on equity of 6.65%. The business had revenue of $33.25 million during the quarter, compared to analysts’ expectations of $41.30 million. As a group, sell-side analysts predict that JMP Group LLC will post 0.25 EPS for the current year.
The firm also recently announced a monthly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a $0.03 dividend. The ex-dividend date is Thursday, November 29th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 7.23%. JMP Group’s payout ratio is 180.00%.
A hedge fund recently bought a new stake in JMP Group stock. First Republic Investment Management Inc. bought a new stake in JMP Group LLC (NYSE:JMP) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 26,476 shares of the financial services provider’s stock, valued at approximately $142,000. First Republic Investment Management Inc. owned about 0.12% of JMP Group as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 12.51% of the company’s stock.
A number of equities research analysts recently weighed in on JMP shares. Barrington Research reissued a “buy” rating and issued a $8.00 price target on shares of JMP Group in a research report on Thursday, October 11th. Zacks Investment Research cut shares of JMP Group from a “buy” rating to a “hold” rating in a research report on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. JMP Group presently has a consensus rating of “Hold” and a consensus price target of $6.42.
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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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