Stifel Financial (SF) AI Stock Analysis

• Market Cap: $11.40B
• Dividend Yield: 1.59%
• Average Volume (3M): 681.88K
• Price to Earnings (P/E): 21.1
• Beta (1Y): 1.30
• Revenue Growth: 12.85%
• EPS Growth: 20.21%
• Country: US
• Employees: 8,887
• Sector: Financial
• Sector Strength: 73
• Industry: Financial - Capital Markets
• EPS (TTM): 1.65
• Shares Outstanding: 102,726,650
• 10 Day Avg. Volume: 634,130
• 30 Day Avg. Volume: 681,883
• PEG Ratio: -1.16
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.58
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 3.29
• Enterprise Value/Ebitda: 3.00
• 1Y Price Target: $113.60
• Price Target Upside: 0.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 75 Outperform
• Price Target: $124.00 ▲(10.04%Upside)

Stifel Financial's overall stock score is driven by robust technical analysis indicating positive momentum and recent positive corporate events showcasing asset growth. However, financial performance concerns and valuation challenges slightly dampen the overall outlook.

Positive Factors

Client Assets

Client assets increased to $501B, reflecting a rise in equity market levels and successful recruiting efforts.

Market Appetite

SF is seeing growing appetite for bank M&A and continues to expect a strong year for the FIG vertical, with deals announced now still able to close before year-end.

Recruitment Efforts

SF is seeing early success in its approach to recruitment, having added 7 experienced advisors with significant client assets.

Negative Factors

Client Money Markets

Client money markets and insured product balances experienced a 5% m/m decline, greater than prior years and peers' cash trends.

Investment Banking Earnings

Investment banking guidance is below expectations, suggesting a potential impact on earnings per share.

Investment Banking Revenue

Investment banking guidance indicates a 10% decline in revenue compared to the previous year, partly due to market volatility.

Stifel Financial Business Overview & Revenue Model

Company Description

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, the rest of Europe, and Canada. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It also participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in St. Louis, Missouri.

How the Company Makes Money

Stifel Financial makes money through a combination of fee-based and commission-based revenue streams. In its Global Wealth Management segment, the company generates revenue by providing investment advisory services, earning management and performance fees based on client assets under management. Additionally, it makes money through brokerage commissions on the trading of securities for individual and institutional clients. The Institutional Group segment contributes to revenue through underwriting fees, advisory fees, and trading gains related to investment banking services, including mergers and acquisitions, capital raising, and debt and equity underwriting. Key partnerships with financial institutions and investment managers also bolster Stifel's earnings by expanding its client base and service offerings.

Stifel Financial Financial Statement Overview

Summary

Stifel Financial shows strong revenue growth and stable profitability, evidenced by a 38.8% increase in revenue and a net profit margin of 12.3%. The balance sheet indicates reduced leverage and a solid equity base. However, the absence of EBIT and EBITDA for 2024 limits comprehensive profitability analysis. Cash flow is positive, but there's room for improvement in cash flow efficiency.

Income Statement

Stifel Financial has demonstrated a strong revenue growth with a significant increase from $4.29 billion in 2023 to $5.95 billion in 2024, reflecting a robust growth rate of 38.8%. The gross profit margin improved from 79.8% in 2023 to 51% in 2024, but there was no EBIT or EBITDA reported for 2024, which limits profitability analysis. The net profit margin in 2024 was 12.3%, up from 12.2% in 2023, indicating stable profitability.

Balance Sheet

The company maintains a strong equity position with a steady increase in stockholders' equity from $5.29 billion in 2023 to $5.69 billion in 2024. The debt-to-equity ratio decreased from 0.22 in 2023 to 0.15 in 2024, reflecting reduced leverage. The equity ratio also improved from 14% in 2023 to 14.3% in 2024, suggesting a stable capital structure.

Cash Flow

Stifel Financial's free cash flow grew from $447.35 million in 2023 to $490.44 million in 2024, representing a growth rate of 9.6%. The operating cash flow to net income ratio was 0.67 in 2024, down from 0.95 in 2023, indicating less cash generation from operations relative to net income. The free cash flow to net income ratio improved slightly, suggesting effective cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.95B	5.10B	4.54B	4.68B	3.70B
Gross Profit	3.04B	4.27B	4.33B	1.33B	849.82M
EBITDA	1.18B	788.15M	955.33M	1.24B	0.00
Net Income	731.38M	522.54M	662.15M	824.86M	503.47M
Balance Sheet
Total Assets	39.90B	37.73B	37.20B	34.05B	26.60B
Cash, Cash Equivalents and Short-Term Investments	3.00B	3.36B	1.67B	4.08B	4.51B
Total Debt	1.54B	2.00B	1.17B	1.17B	1.17B
Total Liabilities	34.21B	32.43B	31.87B	29.01B	22.37B
Stockholders Equity	5.69B	5.29B	5.33B	5.03B	4.24B
Cash Flow
Free Cash Flow	416.65M	447.35M	1.08B	683.92M	1.59B
Operating Cash Flow	490.44M	499.33M	1.16B	872.09M	1.66B
Investing Cash Flow	-2.31B	923.96M	-4.32B	-6.97B	-1.69B
Financing Cash Flow	980.10M	-254.58M	3.19B	5.79B	1.20B

Stifel Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 112.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SF, the sentiment is Positive. The current price of 112.69 is above the 20-day moving average (MA) of 108.44, above the 50-day MA of 101.28, and above the 200-day MA of 101.75, indicating a bullish trend. The MACD of 3.02 indicates Positive momentum. The RSI at 70.46 is Negative, neither overbought nor oversold. The STOCH value of 89.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SF.

Stifel Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAZ	78 Outperform	$5.14B	19.17	50.41%	3.65%	10.40%	91.75%
HLI	77 Outperform	$13.78B	33.90	19.93%	1.18%	24.88%	39.55%
SF	75 Outperform	$11.40B	21.08	11.48%	1.59%	12.85%	20.21%
EVR	73 Outperform	$11.62B	28.78	29.73%	1.08%	26.88%	68.65%
PIPR	70 Neutral	$5.58B	27.89	17.59%	1.78%	10.27%	88.77%
Sector *	68 Neutral	$17.10B	11.19	9.70%	3.58%	11.11%	-4.55%
JEF	68 Neutral	$11.76B	21.62	5.75%	2.60%	1.00%	46.98%

Stifel Financial Corporate Events

Stifel Financial Reports May 2025 Operating Results

On June 26, 2025, Stifel Financial Corp. reported its operating results for May 31, 2025, highlighting a 3% increase in total client assets and a 4% rise in fee-based assets due to recruiting and market appreciation. Despite a slight decline in client money market and insured product levels, investment banking activity showed signs of recovery after being affected by market volatility in April, with expectations of a 10% decrease in investment banking revenue for the quarter compared to the same period in 2024.

The most recent analyst rating on (SF) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Stifel Financial stock, see the SF Stock Forecast page.

Stifel Financial Announces Co-President Victor Nesi’s Retirement

On June 6, 2025, Stifel Financial Corp. announced the retirement of Victor Nesi, Co-President and Head of the Institutional Group, effective July 1, 2025. Nesi, who has been with the company since 2009, will join the Board of Directors upon his retirement. Under his leadership, the Institutional Group saw significant growth, with revenues increasing from $391 million in 2008 to $2.2 billion in 2021. His strategic vision and leadership have positioned the group for continued success, and he leaves behind a seasoned leadership team to carry forward the firm’s culture and momentum.

The most recent analyst rating on (SF) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Stifel Financial stock, see the SF Stock Forecast page.

Stifel Financial Holds Annual Shareholders Meeting

On June 4, 2025, Stifel Financial Corp. held its Annual Meeting of Shareholders, where eleven directors were elected to serve until the 2026 annual meeting. Additionally, shareholders approved the executive compensation and ratified KPMG LLP as the independent public accounting firm for 2025. The meeting saw a significant shareholder turnout, with 97,820,030 shares represented, indicating strong engagement in corporate governance matters.

The most recent analyst rating on (SF) stock is a Hold with a $120.00 price target. To see the full list of analyst forecasts on Stifel Financial stock, see the SF Stock Forecast page.

Stifel Financial Reports April 2025 Asset Growth

On May 22, 2025, Stifel Financial Corp. reported its operating results for April 2025, showing a 7% increase in total client assets and an 11% rise in fee-based assets compared to the previous year, attributed to market appreciation and successful recruitment of financial advisors. Despite significant market volatility, the company maintained stable asset levels month-on-month, while client money market and insured product balances decreased by 5% due to seasonal factors.

The most recent analyst rating on (SF) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Stifel Financial stock, see the SF Stock Forecast page.