Stifel Financial Corp. (SF, Financial) reported a record-breaking first-quarter revenue of $1.26 billion, slightly below the market's expectation of $1.27 billion. This achievement represents the highest first-quarter revenue in the company's history, showcasing year-over-year growth across all areas of its business.
Despite facing challenges such as market volatility and a significant legal expense, Stifel's strategic investments and focus on providing valuable advice contributed to the growth of its Global Wealth Management and Institutional Group segments. The company's leadership remains positive about its long-term prospects, highlighting the resilience of U.S. financial markets and the strength of their advice-driven model in navigating periods of uncertainty.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Stifel Financial Corp (SF, Financial) is $106.67 with a high estimate of $120.00 and a low estimate of $84.00. The average target implies an upside of 23.92% from the current price of $86.08. More detailed estimate data can be found on the Stifel Financial Corp (SF) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Stifel Financial Corp's (SF, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Stifel Financial Corp (SF, Financial) in one year is $84.92, suggesting a downside of 1.35% from the current price of $86.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Stifel Financial Corp (SF) Summary page.
