2024-02-16 02:03:35 ET
Summary
- Stifel Financial gets a Buy rating today, agreeing with the bullish consensus today from SA analysts, the quant system, and Wall Street.
- Key positives include expected EPS growth, growth in its fee-driven segments, proven dividend growth, and a low-risk profile in terms of CRE exposure.
- Some weaker spots include a dividend yield and forward revenue growth, both behind key peers.
- The macro trend of expected increased M&A activity, and rising equity markets, should favor this firm.
Company Overview
I often am on the lookout for financial sector stocks with strong fundamentals, that go beyond just traditional consumer banking.
One such firm out of St. Louis is Stifel Financial ( SF ).
Setting itself apart from many mainstream consumer banks, from its SA profile this one is truly a classic "investment bank", and I can see that Stifel has been around since 1890, as well as heavily focused on investment banking and wealth management space.
Another notable to mention of this firm is that J.D. Power rated it the #1 wealth management firm for employee advisor satisfaction , in 2023....
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For further details see:
Stifel Financial: A Dividend Grower With Expected 40% EPS Growth In 2024