Stifel Financial (SF) Expected to Announce Earnings on Wednesday

Stifel Financial (NYSE:SFGet Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $1.96 per share and revenue of $1,295,580.00 billion for the quarter.

Stifel Financial (NYSE:SFGet Free Report) last issued its earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.20 billion. During the same quarter in the prior year, the company earned $0.60 EPS. Stifel Financial’s revenue for the quarter 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 Stock Performance

Shares of SF opened at $113.87 on Tuesday. The company has a market capitalization of $11.65 billion, a PE ratio of 20.59 and a beta of 1.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The company’s 50 day moving average price is $110.71 and its 200 day moving average price is $97.97. Stifel Financial has a 52 week low of $68.40 and a 52 week high of $119.12.

Stifel Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Monday, December 2nd. Stifel Financial’s dividend payout ratio (DPR) is currently 30.38%.

Insider Activity

In other news, COO David D. Sliney sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the completion of the transaction, the chief operating officer now directly owns 159,619 shares in the company, valued at $18,544,535.42. The trade was a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.57% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SF shares. JPMorgan Chase & Co. initiated coverage on Stifel Financial in a report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 price objective for the company. JMP Securities lifted their price target on Stifel Financial from $105.00 to $110.00 and gave the company a “market outperform” rating in a report on Wednesday, October 9th. TD Cowen boosted their price target on Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research note on Thursday, October 24th. StockNews.com lowered shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Finally, Wells Fargo & Company decreased their target price on shares of Stifel Financial from $130.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Stifel Financial currently has a consensus rating of “Hold” and an average target price of $107.14.

Check Out Our Latest Stock Report on SF

Stifel Financial Company Profile

(Get Free Report)

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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Earnings History for Stifel Financial (NYSE:SF)

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