Jefferies Financial Group Inc. (NYSE:JEF - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock traded as low as $39.28 and last traded at $39.88, with a volume of 187624 shares. The stock had previously closed at $43.14.
Wall Street Analyst Weigh In
JEF has been the subject of several recent research reports. Oppenheimer downgraded shares of Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Morgan Stanley lowered shares of Jefferies Financial Group from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $75.00 to $41.00 in a report on Monday, April 7th. StockNews.com lowered shares of Jefferies Financial Group from a "hold" rating to a "sell" rating in a report on Monday, March 31st. Finally, The Goldman Sachs Group set a $75.00 target price on Jefferies Financial Group in a research note on Wednesday, March 5th.
Check Out Our Latest Report on JEF
Jefferies Financial Group Stock Performance
The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $8.81 billion, a PE ratio of 14.34 and a beta of 1.29. The company has a 50 day moving average price of $59.41 and a 200 day moving average price of $68.24.
Jefferies Financial Group (NYSE:JEF - Get Free Report) last posted its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.88 by ($0.28). The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.93 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The company's revenue was down 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 earnings per share. Equities analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS for the current year.
Jefferies Financial Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 19th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.74%. The ex-dividend date is Monday, May 19th. Jefferies Financial Group's dividend payout ratio is currently 55.36%.
Institutional Investors Weigh In On Jefferies Financial Group
Several institutional investors and hedge funds have recently made changes to their positions in the company. Hemington Wealth Management raised its stake in Jefferies Financial Group by 71.8% during the fourth quarter. Hemington Wealth Management now owns 335 shares of the financial services provider's stock worth $26,000 after acquiring an additional 140 shares during the period. V Square Quantitative Management LLC bought a new position in shares of Jefferies Financial Group during the fourth quarter valued at approximately $27,000. Stephens Consulting LLC acquired a new stake in shares of Jefferies Financial Group during the 4th quarter worth approximately $29,000. GAMMA Investing LLC lifted its holdings in shares of Jefferies Financial Group by 158.3% in the 4th quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider's stock worth $40,000 after purchasing an additional 315 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Jefferies Financial Group during the 3rd quarter valued at approximately $32,000. 60.88% of the stock is owned by institutional investors and hedge funds.
Jefferies Financial Group Company Profile
(
Get Free Report)
Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.
Further Reading
Before you consider Jefferies Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jefferies Financial Group wasn't on the list.
While Jefferies Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
