JMP Group LLC (NYSE:JMP) CEO Joseph A. Jolson acquired 71,213 shares of the company’s stock in a transaction on Tuesday, March 19th. The stock was acquired at an average cost of $3.88 per share, for a total transaction of $276,306.44. Following the completion of the acquisition, the chief executive officer now owns 77,026 shares of the company’s stock, valued at approximately $298,860.88. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of JMP opened at $4.10 on Friday. The company has a current ratio of 2.64, a quick ratio of 2.64 and a debt-to-equity ratio of 11.92. JMP Group LLC has a 12 month low of $3.78 and a 12 month high of $5.72. The company has a market capitalization of $85.19 million, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 1.21 and a beta of 1.01.
JMP Group (NYSE:JMP) last issued its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. JMP Group had a positive return on equity of 5.85% and a negative net margin of 1.60%. The company had revenue of $31.70 million for the quarter, compared to analyst estimates of $31.10 million. Research analysts anticipate that JMP Group LLC will post 0.33 earnings per share for the current year.
Several brokerages have commented on JMP. Zacks Investment Research raised JMP Group from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Thursday, February 28th. ValuEngine lowered JMP Group from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Barrington Research reissued a “buy” rating and issued a $8.00 price objective on shares of JMP Group in a report on Friday, December 28th. Finally, Singular Research reissued a “buy” rating on shares of JMP Group in a report on Tuesday, February 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $6.17.
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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