JMP Group Inc. (NYSE:JMP) is scheduled to be releasing its earnings data after the market closes on Friday, October 21st. Analysts expect JMP Group to post earnings of $0.05 per share for the quarter.
JMP Group (NYSE:JMP) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.03. JMP Group had a negative net margin of 1.96% and a positive return on equity of 2.69%. The company earned $29.70 million during the quarter, compared to analyst estimates of $40.50 million. On average, analysts expect JMP Group to post $0.4 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.
Shares of JMP Group Inc. (NYSE:JMP) opened at 5.53 on Wednesday. JMP Group Inc. has a 1-year low of $4.95 and a 1-year high of $6.66. The stock’s market capitalization is $115.88 million. The company has a 50-day moving average of $5.54 and a 200-day moving average of $5.44.
Several research analysts recently commented on the company. Zacks Investment Research downgraded JMP Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. TheStreet downgraded JMP Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 17th.
In other news, CEO Joseph A. Jolson purchased 45,119 shares of the business’s stock in a transaction on Thursday, August 4th. The shares were bought at an average price of $5.35 per share, with a total value of $241,386.65. Following the completion of the transaction, the chief executive officer now directly owns 113,317 shares in the company, valued at approximately $606,245.95. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joseph A. Jolson purchased 4,762 shares of the business’s stock in a transaction on Wednesday, October 12th. The shares were purchased at an average cost of $5.50 per share, for a total transaction of $26,191.00. Following the transaction, the chief executive officer now owns 113,317 shares of the company’s stock, valued at $623,243.50. The disclosure for this purchase can be found here. Company insiders own 32.63% of the company’s stock.
JMP Group Company Profile
JMP Group, Inc is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of 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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