Stifel Financial (SF) Expected to Announce Quarterly Earnings on Wednesday

Stifel Financial (NYSE:SF) is expected to be announcing its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.85 per share and revenue of $1.32 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. On average, analysts expect Stifel Financial to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Stifel Financial Stock Up 1.8 %

NYSE SF opened at $85.13 on Monday. Stifel Financial has a one year low of $73.27 and a one year high of $120.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The business has a fifty day moving average price of $95.71 and a 200 day moving average price of $104.37. The company has a market cap of $8.83 billion, a P/E ratio of 13.64 and a beta of 1.00.

Stifel Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.46 dividend. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. The ex-dividend date was Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 2.16%. Stifel Financial’s dividend payout ratio is presently 29.49%.

Analyst Upgrades and Downgrades

SF has been the subject of a number of analyst reports. The Goldman Sachs Group dropped their price target on Stifel Financial from $121.00 to $105.00 and set a “neutral” rating for the company in a research report on Thursday, April 3rd. TD Cowen decreased their price target on Stifel Financial from $124.00 to $84.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. JMP Securities dropped their target price on shares of Stifel Financial from $135.00 to $120.00 and set a “market outperform” rating for the company in a report on Tuesday, April 8th. UBS Group upped their price target on Stifel Financial from $116.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Finally, StockNews.com raised Stifel Financial from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Stifel Financial has an average rating of “Hold” and a consensus target price of $105.71.

Stifel Financial Company Profile

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.