Stifel Financial (SF) Projected to Post Quarterly Earnings on Wednesday

Stifel Financial (NYSE:SF) is expected to release its earnings data before the market opens on Wednesday, January 22nd. Analysts expect Stifel Financial to post earnings of $1.96 per share and revenue of $1,295,580.00 billion for the quarter.

Stifel Financial (NYSE:SF) last announced 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 14.92% and a net margin of 12.98%. The firm 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 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 Up 1.8 %

Shares of SF stock opened at $113.87 on Monday. Stifel Financial has a 1 year low of $68.40 and a 1 year high of $119.12. 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 business’s fifty day moving average is $110.78 and its 200-day moving average is $97.75. The stock has a market cap of $11.65 billion, a PE ratio of 20.59 and a beta of 1.11.

Stifel Financial Dividend Announcement

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

Analyst Ratings Changes

Several research firms have issued reports on SF. TD Cowen upped their price target on Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. began coverage on Stifel Financial in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target for the company. The Goldman Sachs Group boosted their price objective on Stifel Financial from $85.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, September 26th. Citigroup lifted their target price on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Finally, JMP Securities lifted their price objective 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. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Stifel Financial currently has an average rating of “Hold” and a consensus target price of $107.14.

Insider Buying and Selling at Stifel Financial

In related news, COO David D. Sliney sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the transaction, the chief operating officer now owns 159,619 shares of the company’s stock, valued at approximately $18,544,535.42. The trade was a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 4.57% of the company’s stock.

About Stifel Financial

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.