Stifel Financial (SF) Projected to Post Earnings on Wednesday

Stifel Financial (NYSE:SF - Get Free Report) is expected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect Stifel Financial to post earnings of $1.85 per share and revenue of $1.32 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Stifel Financial (NYSE:SF - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. On average, analysts expect Stifel Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Stifel Financial Price Performance

NYSE SF traded up $1.48 during mid-day trading on Friday, hitting $85.13. The stock had a trading volume of 1,029,933 shares, compared to its average volume of 666,147. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 13.64 and a beta of 1.00. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. Stifel Financial has a 52-week low of $73.27 and a 52-week high of $120.64. The company has a 50 day simple moving average of $96.18 and a 200 day simple moving average of $104.29.

Stifel Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from Stifel Financial's previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.16%. Stifel Financial's payout ratio is 29.49%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on SF shares. TD Cowen dropped their price objective on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Citigroup decreased their price objective on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. UBS Group increased their target price on shares of Stifel Financial from $116.00 to $120.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. StockNews.com upgraded Stifel Financial from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Finally, JMP Securities dropped their price objective on Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $105.71.

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.