Jefferies Financial Group Inc (NYSE: JEF) Could Achieve Gains In The Near Future

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. Yahoo Finance discussed the stock recently as it posted Jefferies Issues 2024 Sustainability Report.

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Stocks Info

Jefferies Financial Group Inc is listed on the NYSE in the Financial sector while operating in the Capital Markets industry. The current market capitalization of Jefferies Financial Group Inc is $9.18B. A total of 0.84 million shares were traded on the day, compared to an average of 1.06M shares.

In the most recent transaction, STEINBERG JOSEPH S sold 134,217 shares of JEF for 35.79 per share on Aug 04 ’23. After the transaction, the Chairman of the Board now owns 15,744,184 company shares. In a previous transaction on Aug 03 ’23, 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 ’23 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 ’23. Company shares held by the Chairman of the Board now total 16,450,696.

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 2.77%, and it has a price to earnings (P/E) ratio of 39.26. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, JEF has a high of $43.12 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

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. 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

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, 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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