Shares of JMP Group LLC (NYSE:JMP) have been given a consensus rating of “Buy” by the five brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $6.58.

Several equities analysts have recently issued reports on the stock. Barrington Research restated a “buy” rating and set a $8.00 price objective on shares of JMP Group in a report on Tuesday, July 24th. TheStreet upgraded shares of JMP Group from a “d+” rating to a “c-” rating in a report on Friday, July 6th. ValuEngine upgraded shares of JMP Group from a “sell” rating to a “hold” rating in a report on Tuesday, June 12th. Finally, Zacks Investment Research upgraded shares of JMP Group from a “hold” rating to a “strong-buy” rating and set a $6.25 price target on the stock in a report on Thursday, August 2nd.

An institutional investor recently bought a new position in JMP Group stock. First Republic Investment Management Inc. purchased a new position in JMP Group LLC (NYSE:JMP) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,476 shares of the financial services provider’s stock, valued at approximately $142,000. First Republic Investment Management Inc. owned 0.12% of JMP Group at the end of the most recent quarter. 12.51% of the stock is currently owned by hedge funds and other institutional investors.

Shares of JMP traded down $0.04 during mid-day trading on Friday, hitting $5.25. 2,852 shares of the company traded hands, compared to its average volume of 20,736. JMP Group has a 1-year low of $4.92 and a 1-year high of $5.78. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 10.48. The company has a market cap of $111.55 million, a P/E ratio of 26.25, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56.

JMP Group (NYSE:JMP) last posted its quarterly earnings data on Wednesday, July 25th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.13. JMP Group had a negative net margin of 3.67% and a positive return on equity of 7.03%. The firm had revenue of $44.26 million for the quarter, compared to the consensus estimate of $30.20 million. research analysts anticipate that JMP Group will post 0.34 EPS for the current fiscal year.

The firm also recently declared a monthly dividend, which was paid on Friday, September 14th. Investors of record on Friday, August 31st were issued a $0.03 dividend. The ex-dividend date of this dividend was Thursday, August 30th. This represents a $0.36 annualized dividend and a yield of 6.86%. JMP Group’s dividend payout ratio (DPR) is presently 180.00%.

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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