News articles about Stifel Financial (NYSE:SF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stifel Financial earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.5147428119532 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Stifel Financial (NYSE:SF) traded down $0.53 during mid-day trading on Wednesday, hitting $60.13. The stock had a trading volume of 251,900 shares, compared to its average volume of 423,509. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $4,120.00, a PE ratio of 23.96, a P/E/G ratio of 1.47 and a beta of 1.70. Stifel Financial has a 52 week low of $41.93 and a 52 week high of $61.47.
Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.06. The company had revenue of $721.20 million during the quarter, compared to analysts’ expectations of $701.12 million. Stifel Financial had a return on equity of 9.78% and a net margin of 7.61%. Stifel Financial’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 earnings per share. sell-side analysts anticipate that Stifel Financial will post 3.45 earnings per share for the current fiscal year.
Several brokerages have issued reports on SF. Zacks Investment Research upgraded Stifel Financial from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Thursday, October 5th. Nomura lifted their price objective on Stifel Financial from $56.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, October 31st. Finally, Wells Fargo & Co upgraded Stifel Financial from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $56.00 to $64.00 in a research report on Friday, December 1st. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $58.67.
In other Stifel Financial news, Director Frederick O. Hanser sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $51.96, for a total value of $155,880.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Thomas B. Michaud sold 24,536 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $52.40, for a total value of $1,285,686.40. Following the completion of the sale, the insider now owns 60,589 shares in the company, valued at approximately $3,174,863.60. The disclosure for this sale can be found here. Insiders have sold 54,304 shares of company stock valued at $2,869,480 over the last three months. Insiders own 3.60% of the company’s stock.
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Stifel Financial Company Profile
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.
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