Analysts Point To Jefferies Financial Group Inc (NYSE: JEF) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Jefferies Agrees Sale of OpNet Operations to Wind Tre, Substantially Completing Jefferies’ Strategic Simplification Plan.

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Stocks Info

As a NYSE listed company, JEF falls under the Financial sector while operating within the Capital Markets industry segment. At the end of the last regular session, the stock closed at $41.48 and fluctuated between $42.04 as its day high and $41.28 as its day low. The current market capitalization of Jefferies Financial Group Inc is $8.79B. A total of 0.63 million shares were traded on the day, compared to an average of 1.08M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, JEF has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 170,000 shares. Over the last 12 months, there were 34 BUYs and 14 SELLs from insiders. Insiders purchased 2,231,873 shares during that period but sold 3,978,767.

In the most recent transaction, STEINBERG JOSEPH S sold 134,217 shares of JEF for 35.79 per share on Aug 04. After the transaction, the Chairman of the Board now owns 15,744,184 company shares. In a previous transaction on Aug 03, STEINBERG JOSEPH S sold 346,984 shares at 35.68 per share. JEF shares that Chairman of the Board owns now total 15,878,401.

Among the insiders who sold shares, STEINBERG JOSEPH S disposed of 225,311 shares on Aug 02 at a per-share price of $35.87. This resulted in the Chairman of the Board holding 16,225,385 shares of JEF after the transaction. In another insider transaction, STEINBERG JOSEPH S sold 222,756 shares at $36.23 per share on Aug 01. Company shares held by the Chairman of the Board now total 16,450,696.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Jefferies Financial Group Inc pays an annual dividend of $1.20, resulting in a dividend yield of 2.89%, and it has a price to earnings (P/E) ratio of 37.59. JEF’s most recent ex-dividend date was 2/15/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 2/27/2024. Previously, the company paid the dividend on 11/28/2023 with an ex-dividend date of 11/10/2023. The JEF stock dividend was $0.30 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for JEF in the last 3 months, the mean price target is $47.67 with high estimates of $53.00 and low estimates of $44.00. In terms of 52-week highs and lows, JEF has a high of $41.96 and a low of $28.34.

As of this writing, JEF has an earnings estimate of $0.75 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.8 per share and a lower estimate of $0.66. The company reported an EPS of $0.22 in the last quarter, which was -33.30% lower than expectations of $0.33.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. JEF’s latest balance sheet shows that the firm has $10.76B in Cash & Short Term Investments as of fiscal 2021. There were $11.42B in debt and $11.97B in liabilities at the time. Its Book Value Per Share was $46.10, while its Total Shareholder’s Equity was $10.61B.

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, 0 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 Buy with a score of 4.33.

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