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Wednesday, February 1, 2023

Is Jefferies Financial Group Inc. (NYSE: JEF) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Jefferies Financial Group Inc. (JEF) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 0.22%, to $37.15. The Jefferies Financial Group Inc. has recorded 26,186 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Jefferies Board of Directors Declares the Distribution Date for Previously Announced Spin-Off Dividend of Vitesse Common Stock.

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Stocks Info

Jefferies Financial Group Inc. is listed on the NYSE in the Financial sector while operating in the Financial Conglomerates industry. At the end of the last regular session, the stock closed at $37.07 and fluctuated between $38.60 as its day high and $36.93 as its day low. The current market capitalization of Jefferies Financial Group Inc. is $8.56B. A total of 3.12 million shares were traded on the day, compared to an average of 1.24M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, JEF has seen 7 BUY and 3 SELL insider trades, representing the acquisition of 375,782 and the disposition of 873,000 shares. Over the last 12 months, there were 45 BUYs and 11 SELLs from insiders. Insiders purchased 1,583,536 shares during that period but sold 4,646,279.

In the most recent transaction, FRIEDMAN BRIAN P sold 140,000 shares of JEF for 32.85 per share on Oct 24. After the transaction, the President now owns 556,779 company shares. In a previous transaction on Oct 24, FRIEDMAN BRIAN P sold 500,000 shares at 32.85 per share. JEF shares that President owns now total 6,722,213.

Among the insiders who sold shares, Nittoli Rocco J disposed of 7,000 shares on Jul 28 at a per-share price of $32.41. This resulted in the VP, Chief Compliance Officer holding 0 shares of JEF after the transaction. In another insider transaction, JONES THOMAS W bought 40,000 shares at $31.21 per share on Jul 25. Company shares held by the Director now total 55,962.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Jefferies Financial Group Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 3.24%, and it has a price to earnings (P/E) ratio of 10.04. JEF’s most recent ex-dividend date was 11/10/2022 when it declared a $0.30 quarterly dividend that was paid in cash on 11/29/2022. Previously, the company paid the dividend on 8/26/2022 with an ex-dividend date of 8/12/2022. The JEF stock dividend was $0.30 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for JEF in the last 3 months, the mean price target is $38.50 with high estimates of $52.00 and low estimates of $28.00. In terms of 52-week highs and lows, JEF has a high of $41.49 and a low of $25.88.

As of this writing, JEF has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.77 per share and a lower estimate of $0.37. The company reported an EPS of $0.45 in the last quarter, which was -11.80% lower than expectations of $0.51.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 2 analysts rated the stock as Buy while 0 rated it as Overweight while 3 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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