Stifel Financial
Market Cap
US$5.4b
Last Updated
2021/01/17 00:19 UTC
Data Sources
Company Financials +
Executive Summary
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, rest of Europe, and Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Stifel Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SF's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
SF
-0.4%
US Capital Markets
-1.0%
US Market
1 Year Return
20.4%
SF
15.7%
US Capital Markets
19.6%
US Market
Return vs Industry: SF exceeded the US Capital Markets industry which returned 15.7% over the past year.
Return vs Market: SF matched the US Market which returned 19.6% over the past year.
Shareholder returns
| SF | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -0.4% | -1.0% |
| 30 Day | 1.0% | 7.0% | 2.2% |
| 90 Day | 31.7% | 20.0% | 11.5% |
| 1 Year | 21.9%20.4% | 18.6%15.7% | 22.3%19.6% |
| 3 Year | 21.5%17.8% | 31.0%20.9% | 45.3%35.7% |
| 5 Year | 138.5%130.2% | 145.6%114.8% | 124.8%99.8% |
Long-Term Price Volatility Vs. Market
How volatile is Stifel Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
Does Stifel Financial's (NYSE:SF) Share Price Gain of 78% Match Its Business Performance?1 month ago | Simply Wall St
Here's What We Like About Stifel Financial's (NYSE:SF) Upcoming Dividend2 months ago | Simply Wall St
Independent Director James Oates Just Sold A Bunch Of Shares In Stifel Financial Corp. (NYSE:SF)Valuation
Is Stifel Financial undervalued compared to its fair value and its price relative to the market?
10.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SF ($52.15) is trading below our estimate of fair value ($58.5)
Significantly Below Fair Value: SF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SF is good value based on its PE Ratio (13.1x) compared to the US Capital Markets industry average (27.1x).
PE vs Market: SF is good value based on its PE Ratio (13.1x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: SF is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: SF is good value based on its PB Ratio (1.5x) compared to the US Capital Markets industry average (5x).
Next Steps
Future Growth
How is Stifel Financial forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
3.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SF's forecast earnings growth (3.7% per year) is above the savings rate (2%).
Earnings vs Market: SF's earnings (3.7% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: SF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SF's revenue (2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SF's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SF's Return on Equity is forecast to be low in 3 years time (10.4%).
Next Steps
Past Performance
How has Stifel Financial performed over the past 5 years?
36.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SF has high quality earnings.
Growing Profit Margin: SF's current net profit margins (11.7%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: SF's earnings have grown significantly by 36% per year over the past 5 years.
Accelerating Growth: SF's earnings growth over the past year (1%) is below its 5-year average (36% per year).
Earnings vs Industry: SF earnings growth over the past year (1%) underperformed the Capital Markets industry 4.9%.
Return on Equity
High ROE: SF's Return on Equity (11.1%) is considered low.
Next Steps
Financial Health
How is Stifel Financial's financial position?
Financial Position Analysis
Short Term Liabilities: SF's short term assets ($16.2B) do not cover its short term liabilities ($19.2B).
Long Term Liabilities: SF's short term assets ($16.2B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: SF's debt to equity ratio (41%) is considered high.
Reducing Debt: SF's debt to equity ratio has reduced from 43.9% to 41% over the past 5 years.
Debt Coverage: SF's debt is well covered by operating cash flow (116.6%).
Interest Coverage: Insufficient data to determine if SF's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Stifel Financial current dividend yield, its reliability and sustainability?
0.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SF's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SF's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SF has been paying a dividend for less than 10 years.
Growing Dividend: SF's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.1%), SF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SF's dividends in 3 years are forecast to be thoroughly covered by earnings (14.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Ron Kruszewski (61 yo)
23.33yrs
Tenure
US$8,173,326
Compensation
Mr. Ronald James Kruszewski has been Chairman and Chief Executive Officer of Stifel Financial Corp. since 2020 and September 1997 respectively. Mr. Kruszewski is Chairman and Chief Executive Officer of Sti...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD8.17M) is above average for companies of similar size in the US market ($USD6.20M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 23.33yrs | US$8.17m | 1.24% $ 66.6m | |
| Co-President & Head of Global Wealth Management | 6.58yrs | US$5.11m | 1.23% $ 66.1m | |
| Co-President & Director of Institutional Group | 6.58yrs | US$6.35m | 0.25% $ 13.2m | |
| Senior VP & CFO | 2.42yrs | US$1.46m | 0.033% $ 1.8m | |
| Senior Vice President | no data | US$4.69m | 0.13% $ 7.1m | |
| Senior VP & COO | 2.42yrs | US$802.72k | 0.17% $ 9.0m | |
| Chief Investment Officer | 2.58yrs | no data | no data | |
| Global Head of Investment Banking | no data | no data | no data | |
| Senior Vice President of Investor relations | no data | no data | no data | |
| Senior VP | 6.67yrs | no data | 0.037% $ 2.0m | |
| Senior Vice President | no data | no data | 0.047% $ 2.5m | |
| Vice Chairman of Investment Banking | no data | no data | no data |
6.6yrs
Average Tenure
56yo
Average Age
Experienced Management: SF's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 23.33yrs | US$8.17m | 1.24% $ 66.6m | |
| Director | 10.42yrs | US$2.23m | 0.051% $ 2.7m | |
| Independent Director | 10.42yrs | US$242.37k | 0.0058% $ 313.2k | |
| Independent Director | 7.92yrs | US$192.37k | 0.032% $ 1.7m | |
| Independent Director | 10.42yrs | US$217.37k | 0.043% $ 2.3m | |
| Independent Director | 1.42yrs | US$189.90k | 0.0028% $ 148.8k | |
| Independent Director | 25yrs | US$192.37k | 0.0065% $ 349.2k | |
| Lead Independent Director | 0.67yr | US$192.37k | 0.0084% $ 450.1k | |
| Independent Director | 3.58yrs | US$217.37k | 0.024% $ 1.3m | |
| Independent Director | 1.42yrs | US$189.90k | 0.0028% $ 148.8k | |
| Independent Director | 4.58yrs | US$192.37k | 0.0084% $ 450.1k |
4.6yrs
Average Tenure
64yo
Average Age
Experienced Board: SF's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Stifel Financial Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stifel Financial Corp.
- Ticker: SF
- Exchange: NYSE
- Founded: 1890
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$5.372b
- Shares outstanding: 103.00m
- Website: https://www.stifel.com
Number of Employees
Location
- Stifel Financial Corp.
- One Financial Plaza
- 501 North Broadway
- St. Louis
- Missouri
- 63102-2188
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SF | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1983 |
| 2SI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1983 |
| SF.PRA | NYSE (New York Stock Exchange) | DSHS 1/40 PF A | US | USD | Jul 2016 | |
| SF.PRB | NYSE (New York Stock Exchange) | 6.25 DPSHS PFD B | US | USD | Feb 2019 | |
| SF.PRC | NYSE (New York Stock Exchange) | DEP RP SHS PFD C | US | USD | May 2020 |
Biography
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipali...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 00:19 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.