Stifel Financial (SF) to Release Quarterly Earnings on Wednesday

Stifel Financial (NYSE:SF) is expected to post its quarterly earnings results 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 released its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.10). The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. Stifel Financial had a return on equity of 14.92% and a net margin of 12.98%. Stifel Financial’s revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 earnings per share. 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

NYSE SF opened at $113.87 on Tuesday. Stifel Financial has a twelve month low of $68.40 and a twelve month high of $119.12. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The stock has a market cap of $11.65 billion, a P/E ratio of 20.59 and a beta of 1.11. The company’s 50-day simple moving average is $110.71 and its 200 day simple moving average is $97.97.

Stifel Financial Announces Dividend

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

Analyst Ratings Changes

SF has been the topic of several recent analyst reports. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target on the stock. The Goldman Sachs Group boosted their target price on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. TD Cowen increased their target price on shares of Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research report 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 dropped their price objective on shares of Stifel Financial from $130.00 to $128.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $107.14.

Insider Buying and Selling at Stifel Financial

In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer now directly 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.57% 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.