Brokerages expect JMP Group LLC (NYSE:JMP) to announce sales of $39.88 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for JMP Group’s earnings, with the highest sales estimate coming in at $42.05 million and the lowest estimate coming in at $37.70 million. JMP Group reported sales of $44.26 million during the same quarter last year, which indicates a negative year over year growth rate of 9.9%. The business is scheduled to issue its next quarterly earnings results on Wednesday, July 24th.

On average, analysts expect that JMP Group will report full year sales of $134.45 million for the current fiscal year, with estimates ranging from $133.50 million to $135.40 million. For the next financial year, analysts expect that the business will report sales of $144.74 million, with estimates ranging from $140.17 million to $149.30 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover JMP Group.

JMP Group (NYSE:JMP) last released its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.13. The business had revenue of $27.17 million during the quarter, compared to the consensus estimate of $25.33 million. JMP Group had a return on equity of 9.65% and a net margin of 2.32%.

Several equities research analysts have issued reports on JMP shares. Zacks Investment Research upgraded DLH from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th. ValuEngine upgraded Yirendai from a “strong sell” rating to a “sell” rating in a report on Friday, May 3rd.

NYSE JMP traded down $0.06 on Friday, reaching $3.83. The company had a trading volume of 27,300 shares, compared to its average volume of 26,375. JMP Group has a 52 week low of $3.71 and a 52 week high of $5.72. The company has a 50 day moving average of $3.93. The company has a market capitalization of $82.09 million, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84. The company has a debt-to-equity ratio of 1.28, a quick ratio of 4.77 and a current ratio of 4.78.

In other JMP Group news, CEO Joseph A. Jolson purchased 7,506 shares of the stock in a transaction on Thursday, April 18th. The stock was bought at an average cost of $3.98 per share, for a total transaction of $29,873.88. Following the completion of the acquisition, the chief executive officer now directly owns 77,026 shares of the company’s stock, valued at $306,563.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 54.86% of the stock is owned by corporate insiders.

An institutional investor recently bought a new position in JMP Group stock. Wetherby Asset Management Inc. acquired a new stake in shares of JMP Group LLC (NYSE:JMP) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 84,968 shares of the financial services provider’s stock, valued at approximately $319,000. Wetherby Asset Management Inc. owned 0.40% of JMP Group at the end of the most recent quarter. Hedge funds and other institutional investors own 13.53% 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.

Further Reading: Cost of equity and a company’s balance sheet

Get a free copy of the Zacks research report on JMP Group (JMP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for JMP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JMP Group and related companies with MarketBeat.com's FREE daily email newsletter.