Stifel Financial stock hits all-time high of $119.23

Stifel Financial Corp (NYSE:SF) shares soared to an all-time high this week, reaching a peak of $119.23 USD. The $12 billion market cap company trades at a P/E ratio of 18.4x, and according to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model. The milestone underscores a period of robust performance for the financial services firm, which has seen its stock value climb significantly over the past year. Investors have been buoyed by the company’s strong financial results, including revenue growth of ~15% and a healthy gross profit margin of 77%, propelling the stock to new heights. The 1-year change data for Stifel Financial Corp is particularly telling, with an impressive increase of 61.08%, reflecting the positive sentiment and confidence that shareholders have in the company’s direction and management. The company has also maintained dividend payments for 9 consecutive years, with a current yield of 1.43%. For deeper insights into SF’s valuation and growth prospects, including 8 additional ProTips, visit InvestingPro.

In other recent news, Stifel Financial has seen a series of significant developments. The company’s fourth-quarter earnings report indicated non-GAAP diluted earnings per share (EPS) of $2.23, surpassing estimates from JMP Securities and consensus estimates. JMP Securities subsequently raised the price target for Stifel Financial to $135, maintaining a Market Outperform rating. Additionally, the company reported a substantial rise in its third-quarter EPS and net revenue, prompting TD Cowen to increase Stifel Financial’s stock price target while JPMorgan initiated coverage with a Neutral rating.

Stifel Financial has also announced its definitive agreement to acquire European investment bank Bryan, Garnier & Co, expected to boost Stifel’s market position in the investment banking sector, particularly within the healthcare and technology industries in Europe. The company declared dividends for its common and preferred stock, with payments scheduled for mid-December. Future expectations for the company, as indicated by analyst notes, include surpassing $5 billion in revenue and achieving $8 in EPS by 2025.

In other developments, Stifel Financial reported a record high in total client assets under management, reaching $514 billion, including a record $197 billion in fee-based assets. This marks a 4% increase from October 2024, attributed to robust equity markets and successful financial advisor recruiting efforts. These are the recent developments in Stifel Financial’s business operations and financial performance.

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