JMP Group Inc. (NYSE:JMP) announced a monthly dividend on Thursday, October 20th. Shareholders of record on Wednesday, November 30th will be given a dividend of 0.03 per share on Thursday, December 15th. This represents a $0.36 annualized dividend and a yield of 5.88%. The ex-dividend date is Monday, November 28th.
Shares of JMP Group (NYSE:JMP) opened at 6.12 on Friday. The stock has a market cap of $128.23 million, a price-to-earnings ratio of 130.21 and a beta of 1.01. The firm has a 50-day moving average price of $5.75 and a 200 day moving average price of $5.57. JMP Group has a 52-week low of $4.95 and a 52-week high of $6.30.
JMP Group (NYSE:JMP) last issued its earnings results on Tuesday, October 25th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.08. JMP Group had a return on equity of 2.39% and a net margin of 0.75%. The business had revenue of $30.68 million for the quarter, compared to analyst estimates of $30.30 million. Analysts expect that JMP Group will post $0.45 earnings per share for the current year.
Several brokerages have recently weighed in on JMP. TheStreet lowered JMP Group from a “hold” rating to a “sell” rating in a research report on Wednesday, August 17th. Zacks Investment Research raised JMP Group from a “hold” rating to a “buy” rating and set a $6.50 target price on the stock in a research report on Saturday, October 29th.
In other news, CEO Joseph A. Jolson purchased 38,000 shares of the business’s stock in a transaction on Wednesday, September 14th. The shares were bought at an average price of $5.49 per share, with a total value of $208,620.00. Following the completion of the transaction, the chief executive officer now directly owns 113,317 shares in the company, valued at approximately $622,110.33. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kenneth M. Karmin purchased 17,700 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were purchased at an average cost of $5.64 per share, for a total transaction of $99,828.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $11,280. The disclosure for this purchase can be found here. Company insiders own 32.63% of the company’s stock.
JMP Group Company Profile