Stifel Financial Corp. (NYSE:SF) Receives $107.43 Consensus PT from Analysts

Stifel Financial Corp. (NYSE:SF) has been assigned an average rating of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $107.14.

Several analysts have commented on SF shares. Citigroup boosted 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. TD Cowen boosted 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 downgraded shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Wells Fargo & Company decreased their target price on shares of Stifel Financial from $130.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, JMP Securities boosted 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.

Stifel Financial Stock Performance

Shares of SF opened at $110.01 on Monday. The company’s 50 day moving average price is $110.85 and its 200 day moving average price is $97.24. Stifel Financial has a 52 week low of $68.09 and a 52 week high of $119.12. The company has a market capitalization of $11.26 billion, a PE ratio of 19.89 and a beta of 1.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82.

Stifel Financial (NYSE:SF) last announced 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). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the firm posted $0.60 earnings per share. The business’s revenue for the quarter was up 17.2% on a year-over-year basis. Research analysts expect that Stifel Financial will post 6.5 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date was Monday, December 2nd. Stifel Financial’s payout ratio is 30.38%.

Insider Transactions at Stifel Financial

In related news, COO David D. Sliney sold 25,000 shares of the company’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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Stifel Financial

Several large investors have recently bought and sold shares of the stock. CIBC Asset Management Inc raised its stake in Stifel Financial by 3.5% during the 3rd quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider’s stock valued at $283,000 after purchasing an additional 102 shares during the last quarter. GAMMA Investing LLC raised its stake in Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 109 shares during the last quarter. Tributary Capital Management LLC raised its stake in Stifel Financial by 1.0% during the 3rd quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider’s stock valued at $1,183,000 after purchasing an additional 126 shares during the last quarter. CWM LLC raised its stake in Stifel Financial by 3.8% during the 3rd quarter. CWM LLC now owns 3,940 shares of the financial services provider’s stock valued at $370,000 after purchasing an additional 145 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 145 shares during the last quarter. 82.01% of the stock is currently owned by institutional investors and hedge funds.

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.