Analysts Set Stifel Financial Corp. (NYSE:SF) PT at $100.33

Stifel Financial Corp. (NYSE:SF) has earned an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $100.33.

SF has been the topic of a number of analyst reports. Citigroup lifted their price objective on shares of Stifel Financial from $90.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. The Goldman Sachs Group upped their price objective on shares of Stifel Financial from $85.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, September 26th. JMP Securities lifted their target price on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. StockNews.com lowered Stifel Financial from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Finally, TD Cowen lifted their price target on Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a report on Thursday, October 24th.

Stifel Financial Stock Performance

Shares of SF stock opened at $103.27 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $93.51 and a two-hundred day simple moving average of $85.72. Stifel Financial has a 12 month low of $57.69 and a 12 month high of $106.10. The firm has a market capitalization of $10.59 billion, a PE ratio of 18.85 and a beta of 1.09.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.10). Stifel Financial had a return on equity of 15.11% and a net margin of 12.98%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. The company’s revenue was up 17.2% on a year-over-year basis. Analysts forecast that Stifel Financial will post 6.44 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $0.42 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.63%. Stifel Financial’s payout ratio is presently 30.38%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc grew its stake in Stifel Financial by 1,818.8% in the 2nd quarter. Versant Capital Management Inc now owns 307 shares of the financial services provider’s stock valued at $26,000 after buying an additional 291 shares in the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of Stifel Financial in the first quarter valued at $32,000. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Stifel Financial during the 1st quarter valued at $33,000. Waldron Private Wealth LLC purchased a new stake in Stifel Financial during the 3rd quarter worth about $34,000. Finally, GAMMA Investing LLC boosted its stake in Stifel Financial by 27.7% in the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 109 shares during the period. Institutional investors own 82.01% of the company’s stock.

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.