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 Broker-Dealer, Asset Management Fee Income, and Investment Income segments. It 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, as well as institutional brokerage services and equity research services. The company is also involved in the management of a range of pooled investment vehicles, including the hedge funds, private equity funds, hedge funds of funds, and collateralized loan obligations. In addition, it engages in investing in public and private securities, and investment funds, as well as other investing activities. The company also provides investment advisory services to business development companies. It serves corporates, institutional clients and investors, and high net-worth individuals. JMP Group LLC was founded in 1999 and is headquartered in San Francisco, California.
IPO Year: 2007
Exchange: NYSE
Website: jmpg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/8/2021 | Outperform → Market Perform | Barrington Research |
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JMP Group LLC ("JMP Group") (NYSE:JMP), an investment banking and alternative asset management firm, announced today that the company's shareholders have approved at the special meeting of its shareholders (the "Special Meeting") held today all proposals related to JMP Group's previously announced Agreement and Plan of Merger, dated as of September 8, 2021 (as it may be amended from time to time, the "merger agreement"), among Citizens Financial Group, Inc. ("Citizens"), Jolt Acquisition LLC ("Merger Sub"), a Delaware limited liability company and a wholly-owned subsidiary of Citizens, and JMP Group (the "merger"), as well as the transactions contemplated by the merger agreement, including
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that it has given notice of its intention to redeem all of the currently outstanding $36.0 million principal amount of its 6.875% Senior Notes due 2029 ((CUSIP No. 46629U404, NASDAQ:JMPNZ) (the "2029 Notes") on December 13, 2021 (the "Redemption Date"), following which they will be delisted from The Nasdaq Global Market. The redemption is being made pursuant to the terms of the 2029 Notes and the indenture governing the 2029 Notes. The redemption price per 2029 Note will be $25 plus accrued and unpaid interest up to, but excluding, the Redemption Date. Furthermore, the company has deposite
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that the amount of the previously disclosed special cash dividend will be $0.248017 per share. On November 4, 2021, the company announced that it had declared a special cash dividend of $5,000,000 in aggregate to be paid on or before Wednesday, November 17, 2021, to common shareholders of record as of Monday, November 15, 2021. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to instituti
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared a special cash dividend of $5,000,000 in aggregate to be paid on or before Wednesday, November 17, 2021, to common shareholders of record as of Monday, November 15, 2021. Based on 19,958,495 common shares outstanding as of November 3, 2021, the distribution would equal approximately $0.25 per share. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services
Expands capital markets capabilities for commercial clients Deepens expertise in healthcare, technology, financial services and real estate sectors Citizens Financial Group, Inc. (NYSE:CFG) and JMP Group LLC (NYSE:JMP) announced today that they have entered into a definitive merger agreement under which Citizens will acquire JMP in an all-cash transaction. JMP is a highly regarded capital markets firm that provides investment banking services, including strategic advisory, equity research and sales and trading focused primarily on the healthcare, technology, financial services and real estate sectors. Upon the closing of the transaction, JMP, which was founded in 1999 and is headquartere
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its wholly owned subsidiary, JMP Group Inc., has given notice of its intention to redeem all of the currently outstanding $15.0 million principal amount of its 7.25% Senior Notes due 2027 ((CUSIP No. 466273 109, NASDAQ:JMPNL) (the "2027 Notes") on September 13, 2021 (the "Redemption Date"), following which they will be delisted from The Nasdaq Global Market. The redemption is being made pursuant to the terms of the 2027 Notes and the indenture governing the 2027 Notes. The redemption price per 2027 Note will be $25 plus accrued and unpaid interest up to, but excluding, the Redemption
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended June 30, 2021. A summary of JMP Group's operating results for the quarter and six months ended June 30, 2021, and for comparable prior periods, is set forth below. Quarter Ended Six Months Ended (in thousands, except per share amounts) June 30, 2021 Mar. 31, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Total net revenues $48,492 $38,493 $29,993 $86,985 $35,260 Net income/(loss) attributable to JMP Group $3,628 $1,089 $1,124 $4,717 ($10,624 ) Net income/(lo
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that the company will report financial results for the fiscal quarter ended June 30, 2021, after market close on Thursday, July 29, 2021. JMP Group will not hold a conference call in connection with the release of the company's quarterly results. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and re
Managing Director Joins JMP Securities With Focus on Financial Technology JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that Rahul Buxani has joined JMP Securities as a managing director in its investment banking group. Based in the firm's New York office, Buxani will concentrate on the financial technology sector. "The financial technology space has been evolving rapidly, and JMP's well-established expertise in both financial institutions and technology has enabled us to offer corporate and institutional clients valuable perspective on a dynamic marketplace," said Mark Lehmann, chief executive officer of JMP Group. "Rahul is a seas
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its wholly owned subsidiary, JMP Group Inc., intends to give notice on Friday, June 18, 2021, to holders of its 7.25% Senior Notes due 2027 ((CUSIP No. 466273 109, NASDAQ:JMPNL) (the "2027 Notes") of its intention to redeem $15.0 million principal amount (600,000 Units) of the 2027 Notes on July 19, 2021 (the "Redemption Date"). The board of directors of JMP Group Inc. has authorized the redemption. The redemption will be made pursuant to the terms of the 2027 Notes and the indenture governing the 2027 Notes. The redemption price per 2027 Note will be $25 plus accrued and unpaid inte
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Barrington Research downgraded JMP Group from Outperform to Market Perform
Barrington Research resumed coverage of JMP Group with a rating of Buy and set a new price target of $7.50 from $3.50 previously
Barrington Research resumed coverage of JMP Group with a rating of Outperform and set a new price target of $7.50 from $3.50 previously
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JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that the amount of the previously disclosed special cash dividend will be $0.248017 per share. On November 4, 2021, the company announced that it had declared a special cash dividend of $5,000,000 in aggregate to be paid on or before Wednesday, November 17, 2021, to common shareholders of record as of Monday, November 15, 2021. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to instituti
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared a special cash dividend of $5,000,000 in aggregate to be paid on or before Wednesday, November 17, 2021, to common shareholders of record as of Monday, November 15, 2021. Based on 19,958,495 common shares outstanding as of November 3, 2021, the distribution would equal approximately $0.25 per share. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended June 30, 2021. A summary of JMP Group's operating results for the quarter and six months ended June 30, 2021, and for comparable prior periods, is set forth below. Quarter Ended Six Months Ended (in thousands, except per share amounts) June 30, 2021 Mar. 31, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Total net revenues $48,492 $38,493 $29,993 $86,985 $35,260 Net income/(loss) attributable to JMP Group $3,628 $1,089 $1,124 $4,717 ($10,624 ) Net income/(lo
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that the company will report financial results for the fiscal quarter ended June 30, 2021, after market close on Thursday, July 29, 2021. JMP Group will not hold a conference call in connection with the release of the company's quarterly results. About JMP Group JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and re
SAN FRANCISCO--(BUSINESS WIRE)--JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Harvest Capital Credit Corporation, a business development company previously externally managed by JMP Group subsidiary HCAP Advisors, has been acquired by Portman Ridge Finance Corporation. Harvest Capital Credit Corporation had been listed on Nasdaq under the symbol “HCAP.” The aggregate value of the cash and stock received in exchange for JMP Group’s investment in Harvest Capital Credit Corporation was approximately $9.7 million. “This transaction represents the continuation of our well-established plan to divest non-strategic asset manag
JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended March 31, 2021. A summary of JMP Group's operating results for the quarter ended March 31, 2021, and for comparable prior periods, is set forth below. Quarter Ended (in thousands, except per share amounts) Mar. 31, 2021 Dec. 31, 2020 Mar. 31, 2020 Total net revenues $38,493 $53,615 $5,267 Net income/(loss) attributable to JMP Group $1,089 $9,009 ($11,748 ) Net income/(loss) attributable to JMP Group per share $0.05 $0.45 ($0.60 ) Operating net incom