Stifel Financial (NYSE:SF - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, January 22nd. Analysts expect Stifel Financial to post earnings of $1.96 per share and revenue of $1,295,580.00 billion for the quarter.
Stifel Financial (NYSE:SF - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.10). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period in the previous year, the business earned $0.60 EPS. The business's revenue was up 17.2% on a year-over-year basis. On average, analysts expect Stifel Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Stifel Financial Price Performance
Shares of NYSE SF traded up $2.66 during midday trading on Wednesday, hitting $110.01. 1,204,846 shares of the company's stock were exchanged, compared to its average volume of 716,415. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The business's fifty day moving average price is $110.85 and its two-hundred day moving average price is $97.24. The company has a market cap of $11.26 billion, a price-to-earnings ratio of 19.89 and a beta of 1.11. Stifel Financial has a 12-month low of $68.09 and a 12-month high of $119.12.
Stifel Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a $0.42 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.53%. Stifel Financial's dividend payout ratio is presently 30.38%.
Insider Activity at Stifel Financial
In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total value of $2,904,500.00. Following the sale, the chief operating officer now owns 159,619 shares in the company, valued at approximately $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.57% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on SF shares. The Goldman Sachs Group upped their target price on shares of Stifel Financial from $85.00 to $94.00 and gave the stock a "neutral" rating in a research report on Thursday, September 26th. Citigroup lifted their target price on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a "neutral" rating in a research report on Friday, January 10th. Wells Fargo & Company dropped their target price on Stifel Financial from $130.00 to $128.00 and set an "overweight" rating for the company in a report on Tuesday. JPMorgan Chase & Co. assumed coverage on shares of Stifel Financial in a research report on Tuesday, December 10th. They issued a "neutral" rating and a $120.00 price objective on the stock. Finally, TD Cowen boosted their price target on Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $107.14.
Get Our Latest Report on SF
About Stifel Financial
(
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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.
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