Jefferies Financial Group Inc (NYSE:JEF) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 12 month consensus price target of $33.00 for the company and are forecasting that the company will post ($0.17) earnings per share for the current quarter, according to Zacks. Zacks has also given Jefferies Financial Group an industry rank of 187 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday.
Shares of Jefferies Financial Group stock traded down $0.05 on Friday, reaching $22.51. 100,737 shares of the company were exchanged, compared to its average volume of 2,351,875. Jefferies Financial Group has a 1-year low of $21.61 and a 1-year high of $28.30. The company has a market cap of $7.96 billion, a PE ratio of 13.67, a P/E/G ratio of 1.53 and a beta of 1.24. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.68 and a current ratio of 0.68.
Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Thursday, April 26th. The financial services provider reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.02. Jefferies Financial Group had a return on equity of 4.80% and a net margin of 0.45%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.47 billion. sell-side analysts predict that Jefferies Financial Group will post 0.84 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Monday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, June 15th. This is an increase from Jefferies Financial Group’s previous quarterly dividend of $0.08. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.78%. Jefferies Financial Group’s payout ratio is currently 24.24%.
Jefferies Financial Group Company Profile
Jefferies Group LLC and its subsidiaries operate as a securities and investment banking firm. The Company operates in two business segments: Capital Markets segment consists of the Company’s securities and commodities trading activities and its investment banking activities, and Asset Management segment includes asset management activities and related services.
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