BMO Capital Markets Cuts Jefferies Financial Group (NYSE:JEF) Price Target to $50.00

Key Points

• BMO Capital Markets lowered Jefferies Financial Group’s price target from $57 to $50 while maintaining a “market perform” rating, implying about 6% upside from the $47.15 share price.
• Analyst sentiment remains cautious: Jefferies has a consensus “Hold” rating and average target price of $61.88, with two Buy ratings and five Holds.
• Despite the target cut, Jefferies exceeded quarterly expectations with $1.08 in EPS and $2.22 billion in revenue, while its board authorized a $250 million share repurchase program.

Jefferies Financial Group (NYSE:JEF - Get Free Report) had its price objective reduced by research analysts at BMO Capital Markets from $57.00 to $50.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a "market perform" rating on the financial services provider's stock. BMO Capital Markets' price target indicates a potential upside of 6.04% from the company's current price.

JEF has been the subject of a number of other research reports. Weiss Ratings cut Jefferies Financial Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, August 27th. Morgan Stanley lifted their price target on shares of Jefferies Financial Group from $44.00 to $50.00 and gave the company an "equal weight" rating in a research report on Tuesday, June 9th. Oppenheimer restated an "outperform" rating and issued a $76.00 price objective on shares of Jefferies Financial Group in a research note on Thursday, September 17th. UBS Group decreased their price objective on shares of Jefferies Financial Group from $65.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, September 11th. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $67.00 target price on shares of Jefferies Financial Group in a research note on Wednesday, September 9th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Jefferies Financial Group has a consensus rating of "Hold" and an average target price of $61.88.

Jefferies Financial Group Price Performance

Shares of NYSE:JEF opened at $47.15 on Tuesday. Jefferies Financial Group has a 12-month low of $35.53 and a 12-month high of $69.93. The company has a market cap of $9.14 billion, a P/E ratio of 13.17 and a beta of 1.52. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.99. The company's fifty day moving average is $53.06 and its two-hundred day moving average is $50.97.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last released its earnings results on Monday, September 28th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.08. Jefferies Financial Group had a net margin of 7.58% and a return on equity of 9.23%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. Equities analysts expect that Jefferies Financial Group will post 3.97 earnings per share for the current fiscal year.

Jefferies Financial Group announced that its board has initiated a share buyback plan on Wednesday, June 24th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JEF. CX Institutional increased its position in Jefferies Financial Group by 77.6% during the second quarter. CX Institutional now owns 547 shares of the financial services provider's stock worth $27,000 after acquiring an additional 239 shares during the period. Ramirez Asset Management Inc. bought a new stake in Jefferies Financial Group in the 4th quarter valued at $31,000. Basecamp Wealth Advisors LLC boosted its holdings in Jefferies Financial Group by 665.4% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 796 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 692 shares during the period. Global Retirement Partners LLC acquired a new stake in Jefferies Financial Group in the 2nd quarter worth $36,000. Finally, Trust Co. of Vermont acquired a new stake in Jefferies Financial Group in the 2nd quarter worth $39,000. 60.88% of the stock is currently owned by institutional investors and hedge funds.

Jefferies Financial Group News Roundup

Here are the key news stories impacting Jefferies Financial Group this week:

• Positive Sentiment: Quarterly earnings beat expectations: Jefferies reported third-quarter diluted EPS of $1.08, up from $1.01 a year earlier and above the roughly $1.00–$1.04 analyst estimates. Revenue increased to $2.22 billion, slightly exceeding the $2.20 billion consensus. Net earnings attributable to common shareholders rose 16% to $260.6 million. Jefferies Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Investment banking growth remained a key driver: Coverage highlighted stronger investment banking revenue and record banking activity, indicating continued momentum in one of Jefferies’ most important businesses. Jefferies 3Q Profit Rises, Driven by Investment Banking Growth
• Positive Sentiment: Dividend maintained: The company declared a quarterly dividend of $0.40 per share, or $1.60 annualized, representing a yield of approximately 3.4%. The dividend is payable November 25 to shareholders of record November 16. Jefferies dividend announcement
• Neutral Sentiment: Mixed market reaction: Jefferies shares slipped after hours even though profit, EPS and revenue exceeded estimates. The decline suggests investors may have been focused on the size and sustainability of the beat, forward conditions in capital markets, or already-high expectations. Jefferies Stock Falls Despite Earnings Beat and Record Banking Revenue
• Neutral Sentiment: Other Jefferies research activity is not a direct JEF catalyst: Recent analyst calls on BSE, PB Fintech, Nike, Roblox and other companies demonstrate ongoing research activity but have limited immediate impact on Jefferies Financial Group’s own fundamentals.

About Jefferies Financial Group

Jefferies Financial Group Inc NYSE: JEF is a diversified financial services company that provides investment banking, capital markets, asset management and wealth management services. Its principal operating business, Jefferies, advises companies, governments and institutional investors on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

Through its investment banking and securities operations, Jefferies offers equity and fixed-income underwriting, sales and trading, research, prime brokerage and related services.

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