JMP Group (NYSE:JMP) declared a quarterly dividend on Tuesday, March 5th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.04 per share on Friday, April 5th. This represents a $0.14 dividend on an annualized basis and a yield of 2.41%.
A number of research firms have also recently commented on JMP. Analysts at KBW raised their price target on shares of JMP Group from $7.00 to $8.00 in a research note to investors on Thursday, February 14th. They now have an “outperform” rating on the stock. Analysts at Zacks downgraded shares of JMP Group from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 25th. They now have a $6.90 price target on the stock.
Shares of JMP Group (JMP) traded up 2.07% during mid-day trading on Tuesday, hitting $5.93. JMP Group (JMP) has a one year low of $4.85 and a one year high of $7.75. The stock’s 50-day moving average is currently $6.27. The company has a market cap of $134.0 million and a P/E ratio of 48.42.
JMP Group Inc. is a full-service investment banking, asset management and corporate credit management firm.
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