Stifel Financial Corp. (NYSE:SF - Get Free Report) has received an average recommendation of "Hold" from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $105.57.
A number of equities research analysts recently issued reports on the company. Citigroup increased their price target on Stifel Financial from $90.00 to $102.00 and gave the stock a "neutral" rating in a research report on Friday, September 27th. JMP Securities increased their target price on Stifel Financial from $105.00 to $110.00 and gave the stock a "market outperform" rating in a report on Wednesday, October 9th. Wells Fargo & Company boosted their price target on Stifel Financial from $113.00 to $130.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. StockNews.com lowered shares of Stifel Financial from a "buy" rating to a "hold" rating in a research report on Thursday, October 3rd. Finally, The Goldman Sachs Group raised their price objective on Stifel Financial from $85.00 to $94.00 and gave the company a "neutral" rating in a research note on Thursday, September 26th.
Read Our Latest Research Report on SF
SF opened at $102.32 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The business has a fifty day simple moving average of $109.04 and a 200 day simple moving average of $93.43. Stifel Financial has a 1 year low of $66.64 and a 1 year high of $119.12. The company has a market capitalization of $10.47 billion, a PE ratio of 18.50 and a beta of 1.08.
Stifel Financial (NYSE:SF - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.60 by ($0.10). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm posted $0.60 EPS. The company's revenue was up 17.2% compared to the same quarter last year. Research analysts expect that Stifel Financial will post 6.5 EPS for the current year.
The company 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. This represents a $1.68 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend was Monday, December 2nd. Stifel Financial's dividend payout ratio is currently 30.38%.
In related news, COO David D. Sliney sold 25,000 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total value of $2,904,500.00. Following the completion of the sale, the chief operating officer now directly owns 159,619 shares in the company, valued at $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.57% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Waldron Private Wealth LLC bought a new stake in shares of Stifel Financial in the 3rd quarter valued at $34,000. GAMMA Investing LLC lifted its holdings in Stifel Financial by 27.7% in the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider's stock valued at $47,000 after buying an additional 109 shares during the period. Rothschild Investment LLC bought a new stake in Stifel Financial during the second quarter valued at $64,000. UMB Bank n.a. grew its holdings in Stifel Financial by 36.6% during the 3rd quarter. UMB Bank n.a. now owns 870 shares of the financial services provider's stock worth $82,000 after acquiring an additional 233 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Stifel Financial by 148.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider's stock worth $113,000 after acquiring an additional 717 shares in the last quarter. Institutional investors and hedge funds own 82.01% of the company's stock.
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.
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