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

Shares of Stifel Financial Corp. (NYSE:SF) have earned an average rating of “Hold” from the eight ratings firms that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $107.14.

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Wells Fargo & Company dropped their price target on shares of Stifel Financial from $130.00 to $128.00 and set an “overweight” rating on the stock in a research note on Tuesday. Citigroup boosted their price objective on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. StockNews.com downgraded Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Finally, JMP Securities upped their price target on 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 Trading Up 1.8 %

Shares of SF stock opened at $113.87 on Monday. The stock has a market capitalization of $11.65 billion, a P/E ratio of 20.59 and a beta of 1.11. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $110.78 and its 200 day moving average is $97.56. Stifel Financial has a 12-month low of $68.40 and a 12-month high of $119.12.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data 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 during 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. The business’s revenue was up 17.2% on a year-over-year basis. Research analysts expect that Stifel Financial will post 6.53 earnings per share for the current year.

Stifel Financial Announces Dividend

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

Insider Buying and Selling

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 owns 159,619 shares in the company, valued at approximately $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CIBC Asset Management Inc lifted its position in shares of Stifel Financial by 3.5% in the third quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider’s stock worth $283,000 after buying an additional 102 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 109 shares in the last quarter. Tributary Capital Management LLC boosted its position in shares of 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 acquiring an additional 126 shares during the last quarter. CWM LLC grew its holdings in shares of Stifel Financial by 3.8% in the third 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 in the last quarter. Finally, Versant Capital Management Inc increased its position in Stifel Financial by 46.5% in the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 82.01% 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.