Jefferies Financial Group (NYSE:JEF) Issues Earnings Results

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%.

A number of research analysts have recently commented on JEF shares. Keefe, Bruyette & Woods cut Jefferies Financial Group from an “outperform” rating to a “market perform” rating and set a $46.00 target price on the stock. in a research note on Tuesday, November 16th. They noted that the move was a valuation call. The Goldman Sachs Group initiated coverage on Jefferies Financial Group in a research note on Monday, September 20th. They issued a “buy” rating and a $45.00 price objective on the stock. Morgan Stanley initiated coverage on Jefferies Financial Group in a research report on Thursday, December 16th. They set an “equal weight” rating and a $40.00 target price on the stock. Oppenheimer increased their target price on Jefferies Financial Group from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, October 1st. Finally, Zacks Investment Research raised Jefferies Financial Group from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Thursday, December 23rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to, Jefferies Financial Group currently has a consensus rating of “Buy” and a consensus target price of $42.80.

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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Earnings History for Jefferies Financial Group (NYSE:JEF)

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