Media headlines about Stifel Financial (NYSE:SF) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stifel Financial earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.8007349158177 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Stifel Financial (SF) Cut to Hold at Zacks Investment Research (americanbankingnews.com)
- Stifel Financial (SF) PT Raised to $70.00 at Wells Fargo & Co (americanbankingnews.com)
- Stifel Financial (SF) Stock Rating Upgraded by Instinet (americanbankingnews.com)
- Is Stifel Financial (SF) a Great Stock for Value Investors? (finance.yahoo.com)
- Investors Buy Large Volume of Stifel Financial Call Options (SF) (americanbankingnews.com)
Several equities research analysts recently weighed in on the stock. Wells Fargo & Co upgraded shares of Stifel Financial from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $56.00 to $64.00 in a research note on Friday, December 1st. Instinet upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of Stifel Financial from a “hold” rating to a “buy” rating and set a $61.00 price objective on the stock in a research note on Thursday, October 5th. Finally, Nomura upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $58.00 to $77.00 in a research note on Wednesday. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $62.83.
Stifel Financial (NYSE:SF) last announced its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.89 EPS for the quarter, beating the consensus estimate of $0.83 by $0.06. Stifel Financial had a net margin of 7.61% and a return on equity of 9.78%. The company had revenue of $721.20 million for the quarter, compared to analyst estimates of $701.12 million. During the same quarter last year, the business earned $0.69 earnings per share. Stifel Financial’s revenue was up 12.3% compared to the same quarter last year. equities analysts anticipate that Stifel Financial will post 3.45 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.10 dividend. The ex-dividend date was Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.64%. Stifel Financial’s payout ratio is currently 15.94%.
In other Stifel Financial news, Vice Chairman Ben A. Plotkin sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $53.70, for a total value of $1,074,000.00. Following the sale, the insider now owns 96,226 shares in the company, valued at $5,167,336.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James M. Oates sold 1,768 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $52.27, for a total transaction of $92,413.36. Following the completion of the sale, the director now owns 28,640 shares in the company, valued at approximately $1,497,012.80. The disclosure for this sale can be found here. Insiders sold 54,304 shares of company stock worth $2,869,480 in the last 90 days. 3.60% of the stock is owned by company insiders.
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About Stifel Financial
Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.
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