Now trading at a price of $60.33, Stifel Financial has moved -2.0% so far today.
Over the last year, Stifel Financial logged a -4.0% change, with its stock price reaching a high of $68.77 and a low of $53.48. Over the same period, the stock underperformed the S&P 500 index by -20.0%. As of April 2023, the company's 50-day average price was $60.1. 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, the United Kingdom, the rest of Europe, and Canada. Based in Saint Louis, MO, the mid-cap Finance company has 8,898 full time employees. Stifel Financial has offered a 2.2% dividend yield over the last 12 months.
The Business Runs With Low Leverage Levels:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $3,195 | $3,515 | $3,818 | $4,783 | $4,593 | $4,845 |
| Interest Income (MM) | $646 | $725 | $524 | $548 | $1,099 | $1,655 |
| Operating Margins | 17% | 17% | 17% | 22% | 19% | 17% |
| Net Margins | 12% | 13% | 13% | 17% | 14% | 13% |
| Net Income (MM) | $394 | $450 | $503 | $825 | $662 | $620 |
| Depreciation & Amort. (MM) | $28 | $38 | $41 | $46 | $51 | $56 |
| Earnings Per Share | $3.23 | $3.82 | $4.39 | $6.96 | $5.63 | $5.57 |
| Diluted Shares (MM) | 122 | 118 | 115 | 119 | 118 | 111 |
| Free Cash Flow (MM) | $421 | $469 | $1,588 | $684 | $1,075 | $1,308 |
| Capital Expenditures (MM) | $108 | $158 | $73 | $188 | $82 | $82 |
| Net Current Assets (MM) | $7,392 | $7,251 | $4,915 | $5,202 | $3,874 | $4,227 |
| Long Term Debt (MM) | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt / EBITDA | -7.88 | -6.8 | -4.44 | -3.1 | -2.79 | -3.34 |
Stifel Financial has low leverage and growing revenues and decreasing reinvestment in the business. Additionally, the company's financial statements display decent operating margins with a stable trend and positive EPS growth. Furthermore, Stifel Financial has irregular cash flows.
Stifel Financial Is Fairly Priced at Current Levels:
Stifel Financial has a trailing twelve month P/E ratio of 13.8, compared to an average of 14.34 for the Finance sector. Based on its EPS guidance of $6.33, the company has a forward P/E ratio of 9.5. The company doesn't issue forward earnings guidance, and the compound average growth rate of its last 6 years of reported EPS is 9.5%. On this basis, the company's PEG ratio is 1.46, which shows that it is fairly priced. In contrast, the market is likely undervaluing Stifel Financial in terms of its equity because its P/B ratio is 1.37 while the sector average is 1.57.
Analysts Give Stifel Financial an Average Rating of Buy:
The 5 analysts following Stifel Financial have set target prices ranging from $60.0 to $82.0 per share, for an average of $67.4 with a buy rating. As of April 2023, the company is trading -10.8% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Stifel Financial has an average amount of shares sold short because 2.1% of the company's shares are sold short. Institutions own 84.2% of the company's shares, and the insider ownership rate stands at 3.24%, suggesting a decent amount of insider shareholders. The largest shareholder is Vanguard Group Inc, whose 10% stake in the company is worth $622,153,324.
