Stifel Financial Corporation (NYSE:SF) Stock Has Average Price Target of $85.71 According to Analysts

Key Points

• Analysts have a “Hold” consensus on Stifel Financial, with five buys, three holds and one sell among nine analysts. The average 12-month price target is $85.71, though several firms recently lowered their targets.
• Stifel reported quarterly EPS of $1.46, slightly exceeding the $1.44 consensus estimate, while revenue of $1.43 billion fell short of expectations and declined slightly year over year.
• The company pays a quarterly dividend of $0.34, equivalent to a 2.0% yield and a 24.33% payout ratio. Institutional investors own approximately 82.01% of outstanding shares.

Stifel Financial Corporation (NYSE:SF - Get Free Report) has earned a consensus rating of "Hold" from the nine brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $85.71.

A number of research analysts have recently weighed in on the stock. TD Cowen reduced their target price on shares of Stifel Financial from $84.00 to $78.00 and set a "hold" rating for the company in a research report on Monday, October 12th. BMO Capital Markets decreased their price target on shares of Stifel Financial from $85.00 to $75.00 and set a "market perform" rating for the company in a research note on Tuesday, October 6th. JPMorgan Chase & Co. lowered their price target on shares of Stifel Financial from $82.00 to $80.00 and set a "neutral" rating on the stock in a report on Thursday. Wall Street Zen downgraded Stifel Financial from a "buy" rating to a "hold" rating in a research note on Sunday, August 9th. Finally, Capital One Financial set a $75.00 price objective on Stifel Financial in a report on Tuesday, October 6th.

Stifel Financial Price Performance

Shares of NYSE:SF opened at $66.69 on Friday. The company's 50-day moving average is $74.85 and its 200 day moving average is $75.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.83 and a current ratio of 0.88. The company has a market capitalization of $10.07 billion, a P/E ratio of 11.58 and a beta of 1.01. Stifel Financial has a fifty-two week low of $65.40 and a fifty-two week high of $89.83.

Stifel Financial (NYSE:SF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.02. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.45 billion. Stifel Financial had a net margin of 16.50% and a return on equity of 19.38%. The firm's quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company posted $1.95 earnings per share. On average, equities research analysts forecast that Stifel Financial will post 6.08 earnings per share for the current year.

Stifel Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a $0.34 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.36 annualized dividend and a dividend yield of 2.0%. Stifel Financial's payout ratio is presently 24.33%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SF. JTC Employer Solutions Trustee Ltd raised its stake in Stifel Financial by 49.8% in the 1st quarter. JTC Employer Solutions Trustee Ltd now owns 481 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 160 shares during the period. Gradient Investments LLC lifted its holdings in Stifel Financial by 0.7% during the third quarter. Gradient Investments LLC now owns 26,522 shares of the financial services provider's stock valued at $1,858,000 after purchasing an additional 175 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in Stifel Financial by 1.3% during the third quarter. Evergreen Capital Management LLC now owns 14,319 shares of the financial services provider's stock valued at $1,003,000 after purchasing an additional 180 shares during the last quarter. Elevation Wealth Partners LLC lifted its holdings in Stifel Financial by 92.8% during the third quarter. Elevation Wealth Partners LLC now owns 457 shares of the financial services provider's stock valued at $32,000 after purchasing an additional 220 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Stifel Financial by 4.0% during the third quarter. Nisa Investment Advisors LLC now owns 7,031 shares of the financial services provider's stock worth $492,000 after purchasing an additional 271 shares during the period. Institutional investors own 82.01% of the company's stock.

About Stifel Financial

Stifel Financial Corp. is a financial services holding company headquartered in St. Louis, Missouri. Through its principal operating subsidiaries, including Stifel, Nicolaus & Company, Incorporated, the company provides wealth management, investment banking, securities brokerage and related financial services to individual investors, corporations, municipalities and institutional clients.

Its wealth management business offers investment advice, brokerage services, financial planning, banking and lending solutions, and access to a range of investment products.

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