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Friday, December 2, 2022

Momentum Is Strong For Jefferies Financial Group Inc. (NYSE: JEF)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Jefferies Financial Group Inc. (JEF) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.37, or -4.23%, to $30.99. Volume reached 21,669 shares, with price reaching a high of $30.99 and a low of $30.99. Earlier, Yahoo Finance discussed this stock as it revealed Jefferies to Release its Third Quarter Financial Results on September 28, 2022.


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Stocks Info

This NYSE-listed company operates within the Financial Conglomerates industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $30.99 and fluctuated between $32.40 as its day high and $30.97 as its day low. The current market capitalization of Jefferies Financial Group Inc. is $7.32B. A total of 1.7 million shares were traded on the day, compared to an average of 1.24M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, JEF has seen 11 BUY and 2 SELL insider trades, representing the acquisition of 46,120 and the disposition of 7,000 shares. Over the last 12 months, there were 46 BUYs and 13 SELLs from insiders. Insiders purchased 4,058,284 shares during that period but sold 4,531,559.

In the most recent transaction, Nittoli Rocco J sold 7,000 shares of JEF for 32.41 per share on Jul 28. After the transaction, the VP, Chief Compliance Officer now owns 0 company shares. In a previous transaction on Jul 25, JONES THOMAS W bought 40,000 shares at 31.21 per share. JEF shares that Director owns now total 55,962.

Among the insiders who sold shares, O Kane Michael T disposed of 6,000 shares on Apr 19 at a per-share price of $33.39. This resulted in the Director holding 97,138 shares of JEF after the transaction. In another insider transaction, JONES THOMAS W bought 10,000 shares at $33.48 per share on Mar 30. Company shares held by the Director now total 15,697.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Jefferies Financial Group Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 3.87%, and it has a price to earnings (P/E) ratio of 7.04. JEF’s most recent ex-dividend date was 08/12/2022 when it declared a $0.30 quarterly dividend that was paid in cash on 08/26/2022. Previously, the company paid the dividend on 05/27/2022 with an ex-dividend date of 05/13/2022. The dividend was $0.30 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for JEF in the last 3 months, the mean price target is $37.75 with high estimates of $47.00 and low estimates of $28.00. In terms of 52-week highs and lows, JEF has a high of $44.47 and a low of $25.88.

As of this writing, JEF has an earnings estimate of $0.67 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.41. The company reported an EPS of $0.46 in the last quarter, which was -29.23% lower than expectations of $0.65.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JEF is Overweight with a score of 4.25. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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