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.

Siebert Financial Price Performance

Siebert Financial stock opened at $1.65 on Wednesday. The stock has a market cap of $53.46 million, a P/E ratio of 33.00 and a beta of -0.31. The company has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.88. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. Siebert Financial has a 12-month low of $1.35 and a 12-month high of $4.87.

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SIEB. StockNews.com started coverage on shares of Siebert Financial in a research report on Tuesday. They set a "hold" rating on the stock. TheStreet lowered Siebert Financial from a "c-" rating to a "d+" rating in a research note on Tuesday, July 12th.