Stifel Financial Corp. (NYSE:SF) Receives Average Rating of "Hold" from Brokerages

Shares of Stifel Financial Corp. (NYSE:SF - Get Free Report) have been assigned a consensus rating of "Hold" from the seven analysts that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $100.33.

SF has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on shares of Stifel Financial from $108.00 to $113.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Citigroup increased their price objective on Stifel Financial from $90.00 to $102.00 and gave the stock a "neutral" rating in a research note on Friday, September 27th. Wolfe Research downgraded Stifel Financial from an "outperform" rating to a "peer perform" rating in a report on Monday, July 22nd. TD Cowen increased their price target on Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a research report on Thursday, October 24th. Finally, JMP Securities lifted their price objective on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a "market outperform" rating in a report on Wednesday, October 9th.

Hedge Funds Weigh In On Stifel Financial

A number of large investors have recently modified their holdings of SF. GAMMA Investing LLC raised its stake in shares of Stifel Financial by 27.7% during the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider's stock worth $47,000 after acquiring an additional 109 shares in the last quarter. Tributary Capital Management LLC grew its stake in shares of Stifel Financial by 1.0% during the third quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider's stock valued at $1,183,000 after buying an additional 126 shares during the last quarter. CWM LLC increased its holdings in shares of Stifel Financial by 3.8% in the third quarter. CWM LLC now owns 3,940 shares of the financial services provider's stock worth $370,000 after buying an additional 145 shares during the period. Delphi Management Inc. MA lifted 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 last quarter. Finally, Busey Bank boosted its holdings in Stifel Financial by 7.0% during the 3rd quarter. Busey Bank now owns 3,006 shares of the financial services provider's stock valued at $282,000 after acquiring an additional 196 shares during the period. 82.01% of the stock is owned by hedge funds and other institutional investors.

Stifel Financial Stock Down 0.6 %

Shares of SF stock traded down $0.59 on Wednesday, reaching $104.17. 433,892 shares of the company were exchanged, compared to its average volume of 564,166. 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 company has a 50-day moving average of $92.76 and a 200-day moving average of $85.47. The company has a market cap of $10.68 billion, a price-to-earnings ratio of 19.13 and a beta of 1.09. Stifel Financial has a one year low of $56.28 and a one year high of $106.10.

Stifel Financial (NYSE:SF - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by ($0.10). Stifel Financial had a return on equity of 15.11% and a net margin of 12.98%. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the company posted $0.60 EPS. The firm's revenue was up 17.2% on a year-over-year basis. Analysts anticipate that Stifel Financial will post 6.44 earnings per share for the current year.

Stifel Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Tuesday, September 3rd. Stifel Financial's payout ratio is 30.38%.

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.