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.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SIEB. StockNews.com began coverage on Siebert Financial in a report on Tuesday, August 9th. They issued a "hold" rating for the company. TheStreet cut Siebert Financial from a "c-" rating to a "d+" rating in a report on Tuesday, July 12th.

Siebert Financial Price Performance

Shares of Siebert Financial stock traded down $0.02 during trading on Monday, reaching $1.67. 200 shares of the company's stock were exchanged, compared to its average volume of 31,039. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.03 and a current ratio of 1.03. Siebert Financial has a 1-year low of $1.35 and a 1-year high of $4.87. The company has a market cap of $54.11 million, a P/E ratio of 33.80 and a beta of -0.31. The firm's 50-day moving average price is $1.58 and its 200 day moving average price is $1.87.

Siebert Financial (NASDAQ:SIEB - Get Rating) last posted its quarterly earnings results on Monday, May 23rd. The financial services provider reported ($0.04) EPS for the quarter. Siebert Financial had a return on equity of 3.84% and a net margin of 3.08%. The business had revenue of $10.34 million for the quarter.