Jefferies Financial Group (JEF) Projected to Post Earnings on Wednesday

Jefferies Financial Group (NYSE:JEF) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Jefferies Financial Group to post earnings of $0.98 per share and revenue of $1.93 billion for the quarter.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings results on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the previous year, the company posted $0.30 EPS. The firm’s revenue was up 63.4% compared to the same quarter last year. On average, analysts expect Jefferies Financial Group to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Jefferies Financial Group Trading Up 4.8 %

Shares of Jefferies Financial Group stock opened at $62.22 on Tuesday. The stock has a market capitalization of $12.83 billion, a P/E ratio of 20.88 and a beta of 1.37. Jefferies Financial Group has a 52-week low of $40.72 and a 52-week high of $82.68. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The stock’s 50-day simple moving average is $67.88 and its 200 day simple moving average is $69.54.

Jefferies Financial Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Friday, February 14th were paid a $0.40 dividend. This is an increase from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, February 14th. This represents a $1.60 annualized dividend and a dividend yield of 2.57%. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 53.69%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Oppenheimer cut shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Morgan Stanley dropped their target price on Jefferies Financial Group from $92.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Finally, The Goldman Sachs Group set a $75.00 price target on Jefferies Financial Group in a research report on Wednesday, March 5th.

About Jefferies Financial Group

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.