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SF

Stifel FinancialNYSE:SF Stock Report

Market Cap

US$7.4b

7D

-6.7%

1Y

48.4%

Updated

30 Nov, 2021

Data

Company Financials +
SF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

SF Stock Overview

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.

Stifel Financial Competitors

Morgan Stanley

NYSE:MS

US$170.1b

Goldman Sachs Group

NYSE:GS

US$127.1b

Raymond James Financial

NYSE:RJF

US$20.3b

Houlihan Lokey

NYSE:HLI

US$7.4b

Price History & Performance

Summary of all time highs, changes and price drops for Stifel Financial
Historical stock prices
Current Share PriceUS$71.01
52 Week HighUS$78.60
52 Week LowUS$47.03
Beta1.48
1 Month Change-2.55%
3 Month Change2.59%
1 Year Change48.35%
3 Year Change131.86%
5 Year Change110.09%
Change since IPO7,393.86%

Recent News & Updates

Oct 29
Is Now The Time To Put Stifel Financial (NYSE:SF) On Your Watchlist?

Is Now The Time To Put Stifel Financial (NYSE:SF) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Sep 06

Stifel Financial: All Eyes On M&A And Adviser Recruiting

Stifel Financial's capital allocation priorities in terms of share buybacks, dividends and acquisitions are in the spotlight, considering the company's decent capital adequacy ratios. Stifel Financial's pace of adviser recruiting has slowed recently because of the pandemic and stiffer competition. The market values Stifel Financial at consensus forward FY 2021 and FY 2022 P/E multiples of 10.6 times and 11.0 times, respectively.

Shareholder Returns

SFUS Capital MarketsUS Market
7D-6.7%-3.7%-2.8%
1Y48.4%44.8%20.0%

Return vs Industry: SF exceeded the US Capital Markets industry which returned 44.8% over the past year.

Return vs Market: SF exceeded the US Market which returned 20% over the past year.

Price Volatility

Is SF's price volatile compared to industry and market?
SF volatility
SF Average Weekly Movement4.1%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: SF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18908,407Ron Kruszewskihttps://www.stifel.com

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. The company operates in three segments: Global Wealth Management, Institutional Group, and Other. It provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts.

Stifel Financial Fundamentals Summary

How do Stifel Financial's earnings and revenue compare to its market cap?
SF fundamental statistics
Market CapUS$7.39b
Earnings (TTM)US$717.99m
Revenue (TTM)US$4.51b

10.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SF income statement (TTM)
RevenueUS$4.51b
Cost of RevenueUS$221.12m
Gross ProfitUS$4.29b
ExpensesUS$3.57b
EarningsUS$717.99m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.90
Gross Margin95.10%
Net Profit Margin15.93%
Debt/Equity Ratio29.7%

How did SF perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

9%

Payout Ratio

Does SF pay a reliable dividends?

See SF dividend history and benchmarks
When do you need to buy SF by to receive an upcoming dividend?
Stifel Financial dividend dates
Ex Dividend DateNov 30 2021
Dividend Pay DateDec 15 2021
Days until Ex dividend2 days
Days until Dividend pay date13 days

Does SF pay a reliable dividends?

See SF dividend history and benchmarks

Valuation

Is Stifel Financial undervalued compared to its fair value and its price relative to the market?

10.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SF ($71.01) is trading above our estimate of fair value ($59.92)

Significantly Below Fair Value: SF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SF is good value based on its PE Ratio (10.3x) compared to the US Capital Markets industry average (14.6x).

PE vs Market: SF is good value based on its PE Ratio (10.3x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: SF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SF is good value based on its PB Ratio (1.8x) compared to the US Capital Markets industry average (50x).


Future Growth

How is Stifel Financial forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SF's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: SF's earnings are forecast to decline over the next 3 years (-6.8% per year).

High Growth Earnings: SF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SF's revenue (1.3% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: SF's revenue (1.3% 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 (10.5%).


Past Performance

How has Stifel Financial performed over the past 5 years?

33.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SF has high quality earnings.

Growing Profit Margin: SF's current net profit margins (15.9%) are higher than last year (11.8%).


Past Earnings Growth Analysis

Earnings Trend: SF's earnings have grown significantly by 33.1% per year over the past 5 years.

Accelerating Growth: SF's earnings growth over the past year (70.4%) exceeds its 5-year average (33.1% per year).

Earnings vs Industry: SF earnings growth over the past year (70.4%) underperformed the Capital Markets industry 89%.


Return on Equity

High ROE: SF's Return on Equity (15.7%) is considered low.


Financial Health

How is Stifel Financial's financial position?


Financial Position Analysis

Short Term Liabilities: SF's short term assets ($19.8B) do not cover its short term liabilities ($24.1B).

Long Term Liabilities: SF's short term assets ($19.8B) exceed its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: SF has more cash than its total debt.

Reducing Debt: SF's debt to equity ratio has reduced from 69.5% to 29.7% over the past 5 years.

Debt Coverage: SF's debt is well covered by operating cash flow (63.2%).

Interest Coverage: Insufficient data to determine if SF's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Stifel Financial current dividend yield, its reliability and sustainability?

0.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SF's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: SF's dividend (0.84%) is low compared to the top 25% of dividend payers in the US market (3.63%).


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 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.5%), 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 (11.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.4yrs

Average management tenure


CEO

Ron Kruszewski (62 yo)

24.17yrs

Tenure

US$10,666,487

Compensation

Mr. Ronald James Kruszewski, also known as Ron, has been Chairman and Chief Executive Officer of Stifel Financial Corp. since April 2001 and September 1997 respectively. Mr. Kruszewski is Chairman and Chie...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD10.67M) is above average for companies of similar size in the US market ($USD6.24M).

Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SF's management team is seasoned and experienced (7.4 years average tenure).


Board Members

Experienced Board: SF's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 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$7.393b
  • Shares outstanding: 104.11m
  • Website: https://www.stifel.com

Number of Employees


Location

  • Stifel Financial Corp.
  • One Financial Plaza
  • 501 North Broadway
  • Saint Louis
  • Missouri
  • 63102-2188
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 23:56
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.