Stifel Financial Corporation (NYSE:SF) Receives $127.40 Consensus Target Price from Analysts

by · The Cerbat Gem

Stifel Financial Corporation (NYSE:SF – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $127.40.

Several analysts recently issued reports on SF shares. BMO Capital Markets assumed coverage on Stifel Financial in a report on Friday, October 3rd. They set a “market perform” rating and a $121.00 price objective for the company. Citigroup reaffirmed an “outperform” rating on shares of Stifel Financial in a research report on Thursday, October 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Stifel Financial in a report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on Stifel Financial from $125.00 to $133.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Finally, UBS Group set a $150.00 price objective on Stifel Financial and gave the stock a “buy” rating in a report on Thursday, December 11th.

Read Our Latest Stock Report on Stifel Financial

Institutional Investors Weigh In On Stifel Financial

A number of large investors have recently bought and sold shares of the business. Jump Financial LLC bought a new position in Stifel Financial during the first quarter valued at about $833,000. Trexquant Investment LP increased its holdings in shares of Stifel Financial by 591.5% during the 1st quarter. Trexquant Investment LP now owns 68,288 shares of the financial services provider’s stock valued at $6,437,000 after acquiring an additional 58,412 shares during the last quarter. State of Wyoming lifted its holdings in Stifel Financial by 85.1% in the 1st quarter. State of Wyoming now owns 3,229 shares of the financial services provider’s stock worth $304,000 after purchasing an additional 1,485 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in Stifel Financial by 46.7% in the 1st quarter. Evergreen Capital Management LLC now owns 3,227 shares of the financial services provider’s stock worth $304,000 after purchasing an additional 1,028 shares during the last quarter. Finally, Vident Advisory LLC lifted its holdings in Stifel Financial by 20.3% in the 1st quarter. Vident Advisory LLC now owns 2,844 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 479 shares during the last quarter. 82.01% of the stock is currently owned by institutional investors.

Stifel Financial Stock Performance

SF stock opened at $125.35 on Monday. The firm has a 50 day simple moving average of $122.79 and a 200 day simple moving average of $114.91. Stifel Financial has a 52 week low of $73.27 and a 52 week high of $133.08. The stock has a market cap of $12.76 billion, a P/E ratio of 22.15 and a beta of 1.14. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.79 and a current ratio of 0.84.

Stifel Financial (NYSE:SF – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.06. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.33 billion. Stifel Financial had a net margin of 12.44% and a return on equity of 14.95%. The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.50 EPS. Research analysts anticipate that Stifel Financial will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.46 per share. The ex-dividend date was Monday, December 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.5%. Stifel Financial’s dividend payout ratio (DPR) is currently 32.51%.

Stifel Financial Company Profile

(Get Free Report)

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.

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