Shares of JMP Group LLC (NYSE:JMP) reached a new 52-week low on Monday . The stock traded as low as $3.71 and last traded at $3.74, with a volume of 3254 shares changing hands. The stock had previously closed at $3.81.

Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of JMP Group from a “sell” rating to a “hold” rating in a report on Friday, February 15th. ValuEngine cut shares of JMP Group from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Finally, Singular Research reiterated a “buy” rating on shares of JMP Group in a report on Tuesday, February 26th. One investment analyst has rated the stock with a sell rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $6.25.

The firm has a market cap of $82.46 million, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 12.53, a quick ratio of 2.39 and a current ratio of 2.39.

JMP Group (NYSE:JMP) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.13. The business had revenue of $27.17 million for the quarter, compared to analysts’ expectations of $25.33 million. JMP Group had a net margin of 2.32% and a return on equity of 9.33%. Equities analysts expect that JMP Group LLC will post 0.34 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, May 16th. JMP Group’s dividend payout ratio (DPR) is currently 85.71%.

In other news, CEO Joseph A. Jolson acquired 71,213 shares of the stock in a transaction on Tuesday, March 19th. The stock was acquired at an average price of $3.88 per share, with a total value of $276,306.44. Following the completion of the transaction, 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 SEC, which is accessible through this link. Also, CEO Joseph A. Jolson acquired 13,034 shares of the stock in a transaction on Tuesday, March 12th. The shares were purchased at an average cost of $4.01 per share, with a total value of $52,266.34. Following the transaction, the chief executive officer now directly owns 77,026 shares of the company’s stock, valued at approximately $308,874.26. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 206,506 shares of company stock worth $812,196. 54.86% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in JMP. Wetherby Asset Management Inc. purchased a new position in JMP Group during the first quarter valued at $319,000. Renaissance Technologies LLC lifted its position in JMP Group by 64.0% during the first quarter. Renaissance Technologies LLC now owns 45,633 shares of the financial services provider’s stock valued at $171,000 after buying an additional 17,800 shares during the period. Finally, Wiley BROS. Aintree Capital LLC purchased a new position in JMP Group during the fourth quarter valued at $47,000. 13.78% of the stock is owned by institutional investors and hedge funds.

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JMP Group Company Profile (NYSE:JMP)

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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