Stifel Financial (SF) Scheduled to Post Earnings on Tuesday

Stifel Financial (NYSE:SF) will release its earnings data after the market closes on Tuesday, January 30th. Analysts expect Stifel Financial to post earnings of $0.98 per share for the quarter.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.06. The company had revenue of $721.20 million for the quarter, compared to the consensus estimate of $701.12 million. Stifel Financial had a net margin of 7.61% and a return on equity of 9.78%. Stifel Financial’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.69 earnings per share. On average, analysts expect Stifel Financial to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Stifel Financial (NYSE SF) opened at $65.85 on Tuesday. The stock has a market cap of $4,550.00, a price-to-earnings ratio of 26.24, a P/E/G ratio of 1.09 and a beta of 1.70. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.61 and a current ratio of 0.67. Stifel Financial has a 12 month low of $41.93 and a 12 month high of $68.72.

In other news, Vice Chairman Ben A. Plotkin sold 20,000 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $53.70, for a total value of $1,074,000.00. Following the transaction, the insider now directly owns 96,226 shares in the company, valued at $5,167,336.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Mark P. Fisher sold 5,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $52.30, for a total transaction of $261,500.00. Following the completion of the transaction, the vice president now owns 21,369 shares in the company, valued at $1,117,598.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,304 shares of company stock worth $2,869,480. Company insiders own 3.60% of the company’s stock.

SF has been the topic of a number of analyst reports. Goldman Sachs Group upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $56.00 to $77.00 in a research report on Monday, January 8th. Zacks Investment Research upgraded shares of Stifel Financial from a “hold” rating to a “buy” rating and set a $67.00 price objective on the stock in a research report on Friday, January 5th. Wells Fargo & Co boosted their price objective on shares of Stifel Financial from $64.00 to $70.00 in a research report on Thursday, January 4th. Nomura upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $58.00 to $77.00 in a research report on Wednesday, January 3rd. Finally, Instinet upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 3rd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Stifel Financial has a consensus rating of “Buy” and an average price target of $66.83.

WARNING: “Stifel Financial (SF) Scheduled to Post Earnings on Tuesday” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/23/stifel-financial-sf-scheduled-to-post-earnings-on-tuesday.html.

About Stifel Financial

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.

Earnings History for Stifel Financial (NYSE:SF)

Receive News & Ratings for Stifel Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply