Stifel Financial (NYSE:SF) will be releasing its earnings data after the market closes on Tuesday, January 30th. Analysts expect Stifel Financial to post earnings of $0.98 per share for the quarter.
Stifel Financial (NYSE:SF) last released its earnings results on Monday, October 30th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.06. Stifel Financial had a net margin of 7.61% and a return on equity of 9.78%. The company had revenue of $721.20 million for the quarter, compared to the consensus estimate of $701.12 million. During the same quarter in the previous year, the company earned $0.69 EPS. Stifel Financial’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, analysts expect Stifel Financial to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Stifel Financial (SF) opened at $66.36 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.61 and a current ratio of 0.67. Stifel Financial has a 1 year low of $41.93 and a 1 year high of $68.72. The stock has a market cap of $4,540.00, a price-to-earnings ratio of 26.44, a P/E/G ratio of 1.08 and a beta of 1.70.
In other Stifel Financial news, insider Thomas B. Michaud sold 24,536 shares of the business’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 completion of the sale, the insider now owns 60,589 shares in the company, valued at approximately $3,174,863.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Ben A. Plotkin sold 20,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were 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 of the company’s stock, valued at approximately $5,167,336.20. The disclosure for this sale can be found here. Insiders have sold a total of 54,304 shares of company stock valued at $2,869,480 in the last 90 days. 3.60% of the stock is currently owned by company insiders.
A number of research firms recently issued reports on SF. Wells Fargo & Co upgraded shares of Stifel Financial from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $56.00 to $64.00 in a research report on Friday, December 1st. Instinet upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Stifel Financial from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research note on Thursday, October 5th. Nomura upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $58.00 to $77.00 in a research note on Wednesday, January 3rd. Finally, Goldman Sachs Group upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $56.00 to $77.00 in a research note on Monday, January 8th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $66.83.
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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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