Stifel Financial (NYSE:SF – Get Free Report) posted its quarterly earnings results on Wednesday. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.06, Briefing.com reports. Stifel Financial had a return on equity of 13.33% and a net margin of 11.59%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the previous year, the firm earned $1.20 EPS. Stifel Financial’s quarterly revenue was up 15.9% compared to the same quarter last year.
Stifel Financial Stock Performance
Shares of SF stock traded up $1.54 on Friday, reaching $88.22. The stock had a trading volume of 611,193 shares, compared to its average volume of 787,443. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 0.84. Stifel Financial has a 1 year low of $54.81 and a 1 year high of $88.60. The stock has a market cap of $9.04 billion, a P/E ratio of 20.05 and a beta of 1.11. The company has a 50 day simple moving average of $81.63 and a 200 day simple moving average of $77.97.
Stifel Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.42 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.68 dividend on an annualized basis and a yield of 1.90%. Stifel Financial’s dividend payout ratio is presently 38.18%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Stifel Financial
Insider Buying and Selling
In other Stifel Financial news, Director David A. Peacock sold 13,000 shares of the stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $79.90, for a total value of $1,038,700.00. Following the transaction, the director now owns 18,646 shares of the company’s stock, valued at $1,489,815.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 4.57% of the stock is currently owned by corporate insiders.
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.
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