Media stories about Stifel Financial (NYSE:SF) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stifel Financial earned a news impact score of 0.12 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.0987116355517 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
SF has been the subject of several recent research reports. Zacks Investment Research lowered shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Nomura raised their price objective on shares of Stifel Financial from $56.00 to $58.00 and gave the stock a “neutral” rating in a report on Tuesday, October 31st. Wells Fargo & Company raised shares of Stifel Financial from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $56.00 to $64.00 in a report on Friday, December 1st. BidaskClub lowered shares of Stifel Financial from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Finally, JMP Securities reaffirmed a “neutral” rating on shares of Stifel Financial in a report on Friday, August 18th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $58.67.
Shares of Stifel Financial (SF) traded up $0.99 during mid-day trading on Thursday, reaching $59.27. 339,152 shares of the company’s stock were exchanged, compared to its average volume of 422,529. Stifel Financial has a 1 year low of $41.93 and a 1 year high of $60.92. The company has a market capitalization of $3,995.75, a PE ratio of 18.18, a PEG ratio of 1.41 and a beta of 1.70. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.68.
Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.06. Stifel Financial had a net margin of 7.61% and a return on equity of 9.78%. The firm had revenue of $721.20 million for the quarter, compared to analysts’ expectations of $701.12 million. During the same period last year, the firm earned $0.69 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. analysts forecast that Stifel Financial will post 3.45 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.67%. Stifel Financial’s dividend payout ratio is 15.94%.
In related news, insider Thomas B. Michaud sold 24,536 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $52.40, for a total transaction of $1,285,686.40. Following the sale, the insider now directly owns 60,589 shares in the company, valued at $3,174,863.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Vice Chairman Ben A. Plotkin sold 20,000 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $53.70, for a total transaction of $1,074,000.00. Following the sale, the insider now owns 96,226 shares in the company, valued at $5,167,336.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 54,304 shares of company stock worth $2,869,480. Insiders own 3.60% of the company’s stock.
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Stifel Financial Company Profile
Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.
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