Last $2.17 USD
Change Today +0.01 / 0.46%
Volume 3.1K
IFMI On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 10:27 AM 07/14/14 All times are local (Market data is delayed by at least 15 minutes).

institutional financial mark (IFMI) Snapshot

Open
$2.17
Previous Close
$2.16
Day High
$2.18
Day Low
$2.12
52 Week High
11/15/13 - $2.95
52 Week Low
08/19/13 - $1.78
Market Cap
33.1M
Average Volume 10 Days
11.4K
EPS TTM
$-0.70
Shares Outstanding
15.3M
EX-Date
05/14/14
P/E TM
--
Dividend
$0.08
Dividend Yield
3.67%
Current Stock Chart for INSTITUTIONAL FINANCIAL MARK (IFMI)

institutional financial mark (IFMI) Related Businessweek News

No Related Businessweek News Found

institutional financial mark (IFMI) Details

Institutional Financial Markets, Inc. is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc. also manages funds and collateralized debt obligations for its clients. It invests in the fixed income and alternative investment markets across the globe. The firm’s fixed income investments include U.S. trust preferred securities, European hybrid capital securities, Asian commercial real estate debt, mortgage backed securities, and asset backed securities. Institutional Financial Markets, Inc. was founded in 1999 and is based in Philadelphia, Pennsylvania with additional offices in New York, New York; Boca Raton, Florida; Chicago, Illinois; Bethesda, Maryland; Boston, Massachusetts; Paris, France; London, United Kingdom; and Tokyo, Japan.

132 Employees
Last Reported Date: 05/2/14
Founded in 1999

institutional financial mark (IFMI) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $747.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $544.2K
Vice Chairman, Chief Executive of European Bu...
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2013.

institutional financial mark (IFMI) Key Developments

Institutional Financial Markets, Inc., Q1 2014 Earnings Call, May 01, 2014

Institutional Financial Markets, Inc., Q1 2014 Earnings Call, May 01, 2014

Institutional Financial Markets, Inc. Declares Dividend, Payable on May 30, 2014; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Institutional Financial Markets, Inc. Board of Directors has declared a dividend of $0.02 per share. The dividend will be payable on May 30, 2014, to stockholders of record on May 16, 2014. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, revenue was $13.2 million compared to $11.7 million for the three months ended December 31, 2013. The increase from the prior quarter was primarily the result of increases in principal transactions and other revenue of $3.4 million and in net trading revenue of $0.9 million, partially offset by decreases in asset management revenue of $2.0 million and in new issue and advisory revenue of $0.8 million. Net loss was $2.8 million, or $0.14 per diluted share, for the three months ended March 31, 2014, compared to net loss of $6.1 million, or $0.28 per diluted share, for the three months ended December 31, 2013. Adjusted operating loss was $0.7 million, or $0.03 per diluted share compared to adjusted operating loss of $6.4 million, or $0.32 per diluted share, for the three months ended December 31, 2013, and adjusted operating loss of $5.6 million, or $0.34 per diluted share, for the three months ended March 31, 2013. The first quarter of 2014 was negatively impacted by non-recurring legal and currency hedge termination charges of $1.0 million related to the sale of the company's ownership interest in the Star Asia Group. Operating loss was $1,692,000 compared to $7,072,000 a year ago. Loss before income taxes was $2,795,000 compared to $6,582,000 a year ago. Net loss attributable to the company was $2,098,000 compared to $4,500,000 a year ago.

Institutional Financial Markets, Inc. to Report Q1, 2014 Results on May 01, 2014

Institutional Financial Markets, Inc. announced that they will report Q1, 2014 results at 12:00 PM, GMT Standard Time on May 01, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IFMI:US $2.17 USD +0.01

IFMI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for IFMI.
View Industry Companies
 

Industry Analysis

IFMI

Industry Average

Valuation IFMI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INSTITUTIONAL FINANCIAL MARK, please visit www.ifmi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.