Stifel Financial Corp (SF) reported quarterly earnings results on Monday, May-9-2016. The company said it had a profit of $0.57 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $0.51. The company posted revenue of $620.00 million in the period, compared to analysts expectations of $596.26 million. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.
Many Wall Street Analysts have commented on Stifel Financial Corp. Stifel Financial Corp was Downgraded by Credit Suisse to ” Underperform” on Feb 22, 2016.
Stifel Financial Corp (SF) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $30.96 and reached the intraday high at $31.52. The bulls started the profit booking and pushed the shares to intraday low of $30.56. The trading session was marked by a volume range of 5,76,597 shares exchanging hands. The 52-week high of the shares is $59.93 and the 52-week low is $25. The market cap of the company stands at $2,174 M and there are 6,95,07,842 shares in public circulation.
In a different news, on Dec 14, 2015, John P Dubinsky (director) sold 268 shares at $42.00 per share price. According to the SEC, on Dec 4, 2015, Frederick O Hanser (director) sold 3,375 shares at $45.32 per share price. On Jun 22, 2015, Thomas P Mulroy (Director) sold 25,000 shares at $58.91 per share price, according to the Form-4 filing with the securities and exchange commission.
Stifel Financial Corp. is a financial holding company. The Company operates in three segments: Global Wealth Management Institutional Group and Other. Global Wealth Management segment is engaged in the provision of Customer Financing and Asset Management and operates Consolidated Stifel Branch System and Stifel Bank. Institutional Group segment includes research equity and fixed income institutional sales and trading investment banking public finance and syndicate. Other segment includes interest income from stock borrow activities unallocated interest expense interest income and gains and losses from investments held. The Company through its subsidiary Stifel Nicolaus & Company Incorporated (Stifel) offers retail and institutional brokerage and investment banking firm. The Company through other subsidiaries is engaged in independent contractor broker-dealing; broker-dealing; retail and commercial banking; trust business and asset management.