Stifel Financial Corp. (NYSE:SF) Receives Average Recommendation of "Hold" from Analysts

Shares of Stifel Financial Corp. (NYSE:SF - Get Free Report) have been given a consensus rating of "Hold" by the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $94.67.

SF has been the topic of a number of analyst reports. StockNews.com lowered Stifel Financial from a "buy" rating to a "hold" rating in a research note on Thursday. JMP Securities reiterated a "market outperform" rating and set a $105.00 price target on shares of Stifel Financial in a report on Monday, September 9th. Wells Fargo & Company assumed coverage on shares of Stifel Financial in a research report on Thursday, September 12th. They issued an "overweight" rating and a $101.00 price objective for the company. TD Cowen raised their target price on shares of Stifel Financial from $85.00 to $88.00 and gave the stock a "hold" rating in a research report on Thursday, July 25th. Finally, The Goldman Sachs Group boosted their price target on Stifel Financial from $85.00 to $94.00 and gave the company a "neutral" rating in a report on Thursday, September 26th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB raised its holdings in Stifel Financial by 20.3% in the third quarter. Handelsbanken Fonder AB now owns 23,132 shares of the financial services provider's stock valued at $2,172,000 after buying an additional 3,900 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Stifel Financial in the second quarter worth $3,815,000. Delphi Management Inc. MA raised its stake in shares of Stifel Financial by 0.8% in the 2nd quarter. Delphi Management Inc. MA now owns 22,778 shares of the financial services provider's stock valued at $1,917,000 after acquiring an additional 176 shares during the period. Chase Investment Counsel Corp acquired a new position in shares of Stifel Financial during the 2nd quarter valued at $3,443,000. Finally, Creative Planning boosted its position in Stifel Financial by 9.8% during the 2nd quarter. Creative Planning now owns 14,891 shares of the financial services provider's stock worth $1,253,000 after purchasing an additional 1,335 shares during the period. Institutional investors and hedge funds own 82.01% of the company's stock.

Stifel Financial Price Performance

SF traded up $1.09 during midday trading on Friday, reaching $95.85. 630,438 shares of the company's stock were exchanged, compared to its average volume of 394,982. Stifel Financial has a 1-year low of $54.81 and a 1-year high of $96.89. The stock has a market capitalization of $9.83 billion, a PE ratio of 21.78 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.80. The business's 50-day moving average price is $87.01 and its 200 day moving average price is $82.53.

Stifel Financial (NYSE:SF - Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.06. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. Stifel Financial had a return on equity of 13.24% and a net margin of 11.59%. The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.20 EPS. As a group, equities analysts anticipate that Stifel Financial will post 6.55 EPS for the current fiscal year.

Stifel Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.75%. Stifel Financial's payout ratio is 38.18%.

Stifel Financial Company Profile

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.