The stock of Stifel Financial Corp. (NYSE:SF) increased by $0.39 on Friday to finish at $63.74, up 0.62 percent. The last five days have seen an average of 694,400 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $5.37. The average number of shares traded over the last 20 days was 553,805, while the average volume over the last 50 days totaled 599,826.
SF stock appreciated 2.10% since last month. On 08/16/23, the company’s shares reached a one-month low of $60.83. The stock touched a high of $68.77 on 02/02/23, after rallying from a low of $49.31 in 52 weeks. The price of SF stock has risen by 9.20% or $5.37 this year, reaching a new high 13 times. Still, the stock price is down -7.31% from the 52-week high.
Insider Transactions
SF stock investors should be aware that Stifel Financial Corp. (SF) stock had its last reported insider trading activity 10 days ago on Aug 18. On Aug 18, CEO of Stifel Bank & Trust REICHERT CHRISTOPHER K sold 15,377 shares at $62.40 each. This transaction resulted in the insider making $959,525. On Aug 18, REICHERT CHRISTOPHER K sold 9,623 shares at a price of US$62.38. After the transaction, the insider now owns 0 shares. Senior Vice President Michaud Thomas B. had earlier sold 24,036 shares on May 18 for $58.85 a share. The transaction was completed for $1,414,519.
Valuation Metrics
Stifel Financial Corp. (SF) has a trailing price-to-earnings (P/E) ratio of 12.70. Beta for the stock is 1.24. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.37, the price-to-book (PB) ratio of 1.48, and the price-to-cash flow ratio of 5.21.
Company paid $0.36 per share in dividends, remained unchanged from $0.36 last year.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.25, and the total debt to equity ratio is 6.26. As far as profitability goes, gross margin for the trailing twelve months is 98.90% percent. Stifel Financial Corp.’s operating margin stood at 17.10% for the same period. Based on annual data, it had gross profit of $885.12 million and revenue of $4.39 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SF’s return on assets (ROA) during the last 12 months has been 1.50%. There was a 2.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 12.60%.
Earnings Surprise
According to Stifel Financial Corp.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.24 billion, while revenues rose by 9.37% to $1.26 billion. It was predicted that Stifel Financial Corp.’s quarterly earnings would be $1.2, but it ended up being $1.33, beating the consensus by -9.80%. EBITDA was $238.41 million for the quarter. At the end of Stifel Financial Corp.’s most recent quarter ended June 29, its total debt was $2.41 billion. Equity owned by shareholders amounts to $104.45 million.
Technical Picture
Here’s a quick look at Stifel Financial Corp.’s (SF) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 61.43%, suggesting the stock is Neutral, with a 17.00% historical volatility rate.
The stochastic %K and %D were 78.42% and 70.20% respectively, while the average true range (ATR) was 1.15. Based on the 14-day stochastic reading of 84.84%, the RSI (14) reading is 58.26%. On the 9-day MACD Oscillator, the stock is at 0.90, and the 14-day reading is at 0.84.
Analyst Ratings
In its analyst report released on November 22, 2022, UBS began covering Stifel Financial Corp. (NYSE: SF). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Stifel Financial Corp. (SF) an Overweight rating. SF is a stock that is recommended for selling by 0 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is SF’s price target for the next 12 months?
The current consensus forecast for the stock is between $65.00 and $86.00, with a median target price of $67.00. In analyzing these forecasts, the average price target given by analysts for Stifel Financial Corp. (SF) is $71.40.
