Siebert Financial - SIEB Stock Forecast, Price & News

Siebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses in the United States and Internationally. It offers discount brokerage services, including self-directed trading, wealth management, financial advice, market making and fixed income investment, stock borrow, equity compensation plans, securities lending, equity stock plan, and market making services; independent retail execution services; and retail customer services. The company also offers self-directed retirement accounts, as well as lends customers a portion of the market value of marginable securities held in the customer's account. In addition, the company provides data technology platform that offers various services, such as email and messaging, market data systems and third party trading systems, business productivity tools, and customer relationship management systems. Further, it offers a Robo-Advisor platform that provides clients with an automated wealth management solution; and various insurance products, such as fixed annuities, personal insurance, property and casualty insurance, natural disaster insurance, and life and disability. The company has 12 branch offices in the United States. Siebert Financial Corp. was incorporated in 1934 and is headquartered in New York, New York.

Analysts Set New Price Targets

Several research firms have issued reports on SIEB. StockNews.com initiated coverage on Siebert Financial in a report on Wednesday. They set a "hold" rating on the stock. TheStreet downgraded shares of Siebert Financial from a "c-" rating to a "d+" rating in a research report on Tuesday, July 12th.

Siebert Financial Stock Performance

Shares of Siebert Financial stock opened at $1.69 on Thursday. Siebert Financial has a 12 month low of $1.35 and a 12 month high of $4.87. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.12. The stock has a market cap of $54.76 million, a PE ratio of 84.54 and a beta of -0.31. The business has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.87.

Siebert Financial (NASDAQ:SIEB - Get Rating) last announced its quarterly earnings data on Monday, May 23rd. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter. Siebert Financial had a return on equity of 2.25% and a net margin of 2.04%. The business had revenue of $10.34 million during the quarter.