Jefferies Financial Group (NYSE:JEF) released its earnings results on Wednesday. The financial services provider reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.14), MarketWatch Earnings reports. The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.90 billion. Jefferies Financial Group had a net margin of 20.46% and a return on equity of 17.11%. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.11 EPS.
Shares of JEF stock opened at $38.06 on Friday. The business has a fifty day moving average of $39.54 and a 200 day moving average of $37.67. The firm has a market capitalization of $9.35 billion, a price-to-earnings ratio of 6.21 and a beta of 1.46. Jefferies Financial Group has a 1 year low of $22.87 and a 1 year high of $44.47. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.17 and a quick ratio of 2.17.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 25th. Investors of record on Monday, February 14th will be paid a $0.30 dividend. This is a positive change from Jefferies Financial Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, February 11th. This represents a $1.20 dividend on an annualized basis and a yield of 3.15%. Jefferies Financial Group’s dividend payout ratio (DPR) is 16.31%.
In other Jefferies Financial Group news, President Brian P. Friedman sold 293,561 shares of Jefferies Financial Group stock in a transaction dated Friday, November 5th. The stock was sold at an average price of $43.82, for a total transaction of $12,863,843.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 17.10% of the company’s stock.
Jefferies Financial Group Company Profile
Jefferies Financial Group, Inc is a holding company, which engages in the provision of financial services. It operates through the following segments: Investment Banking, Capital Markets, and Asset Management; Merchant Banking; and Corporate segments. The Investment Banking, Capital Markets, and Asset Management segment consists of investments in Jefferies Group.
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