Jefferies Financial Group (JEF) to Release Earnings on Wednesday

Jefferies Financial Group (NYSE:JEF) will be releasing its earnings data after the market closes on Wednesday, June 26th. Analysts expect Jefferies Financial Group to post earnings of $0.69 per share for the quarter.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Wednesday, March 27th. The financial services provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.76 by $0.11. Jefferies Financial Group had a net margin of 5.90% and a return on equity of 4.41%. The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the business earned $0.55 earnings per share. The business’s revenue for the quarter was up 35.4% compared to the same quarter last year. On average, analysts expect Jefferies Financial Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Jefferies Financial Group Trading Down 0.3 %

Shares of Jefferies Financial Group stock opened at $45.75 on Monday. The company has a 50-day moving average of $44.97 and a two-hundred day moving average of $42.59. Jefferies Financial Group has a 12-month low of $31.12 and a 12-month high of $47.87. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market cap of $9.70 billion, a PE ratio of 37.50 and a beta of 1.33.

Jefferies Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 20th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, May 17th. Jefferies Financial Group’s dividend payout ratio is currently 98.36%.

Analysts Set New Price Targets

A number of analysts have commented on the company. StockNews.com downgraded Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report on Friday. Oppenheimer boosted their price objective on shares of Jefferies Financial Group from $56.00 to $57.00 and gave the stock an “outperform” rating in a research report on Friday, June 14th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.33.

Insider Activity at Jefferies Financial Group

In other Jefferies Financial Group news, President Brian P. Friedman sold 55,000 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $46.30, for a total transaction of $2,546,500.00. Following the completion of the transaction, the president now owns 2,591,350 shares of the company’s stock, valued at $119,979,505. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Jefferies Financial Group news, President Brian P. Friedman sold 55,000 shares of the firm’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $46.30, for a total transaction of $2,546,500.00. Following the sale, the president now directly owns 2,591,350 shares of the company’s stock, valued at approximately $119,979,505. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard B. Handler sold 1,500,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $43.50, for a total transaction of $65,250,000.00. Following the completion of the transaction, the chief executive officer now directly owns 15,314,150 shares of the company’s stock, valued at approximately $666,165,525. The disclosure for this sale can be found here. 20.40% of the stock is owned by corporate insiders.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.