Brokerages expect JMP Group LLC (NYSE:JMP) to announce sales of $25.33 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 $25.85 million and the lowest estimate coming in at $24.80 million. JMP Group reported sales of $27.21 million during the same quarter last year, which indicates a negative year over year growth rate of 6.9%. The business is scheduled to issue its next quarterly earnings results on Wednesday, May 1st.

On average, analysts expect that JMP Group will report full year sales of $131.55 million for the current fiscal year, with estimates ranging from $129.60 million to $133.50 million. For the next financial year, analysts expect that the business will report sales of $142.89 million, with estimates ranging from $140.17 million to $145.60 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 issued its quarterly earnings results on Wednesday, February 13th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.06. The business had revenue of $31.70 million for the quarter, compared to analyst estimates of $31.10 million. JMP Group had a negative net margin of 1.60% and a positive return on equity of 5.85%.

Several analysts have recently commented on JMP shares. Barrington Research reaffirmed a “buy” rating and issued a $8.00 price objective on shares of JMP Group in a report on Friday, December 28th. Zacks Investment Research raised shares of 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. Singular Research reaffirmed a “buy” rating on shares of JMP Group in a report on Tuesday, February 26th. Finally, ValuEngine downgraded shares of JMP Group from a “hold” rating to a “sell” rating in a report on Friday, March 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. JMP Group presently has a consensus rating of “Hold” and a consensus price target of $6.17.

In other news, CEO Joseph A. Jolson purchased 71,213 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were purchased at an average cost of $3.88 per share, with a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joseph A. Jolson purchased 12,820 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average cost of $4.83 per share, for a total transaction of $61,920.60. Following the completion of the acquisition, the chief executive officer now directly owns 77,026 shares of the company’s stock, valued at approximately $372,035.58. The disclosure for this purchase can be found here. Insiders bought a total of 128,040 shares of company stock worth $515,437 over the last ninety days. Insiders own 52.75% of the company’s stock.

A hedge fund recently bought a new stake in JMP Group stock. Wiley BROS. Aintree Capital LLC purchased a new position in shares of JMP Group LLC (NYSE:JMP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,000 shares of the financial services provider’s stock, valued at approximately $47,000. Wiley BROS. Aintree Capital LLC owned approximately 0.06% of JMP Group as of its most recent filing with the Securities and Exchange Commission (SEC). 13.70% of the stock is currently owned by hedge funds and other institutional investors.

JMP stock opened at $3.83 on Wednesday. The firm has a market capitalization of $81.58 million, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01. 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 has a 12 month low of $3.78 and a 12 month high of $5.72.

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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