Jefferies Financial Group Inc. (NYSE:JEF) has a beta value of 1.43 and has seen 2,920,565 shares traded in the last trading session. The company, currently valued at $4.16 Billion, closed the last trade at $15.57 per share which meant it gained $0.4 on the day or 2.98% during that session. The JEF stock price is -54.34% off its 52-week high price of $24.03 and 28.07% above the 52-week low of $11.2. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.26 Million shares traded. The 3-month trading volume is 2.8 Million shares.
Jefferies Financial Group Inc. (NYSE:JEF) trade information
Sporting 2.98% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 30 when the JEF stock price touched $16.11- or saw a rise of 3.35%. Year-to-date, Jefferies Financial Group Inc. shares have moved -27.14%, while the 5-day performance has seen it change 2.23%. Over the past 30 days, the shares of Jefferies Financial Group Inc. (NYSE:JEF) have changed 5.7%. Short interest in the company has seen 5.56 Million shares shorted with days to cover at 1.99.
Wall Street analysts have a consensus price target for the stock at $21.5, which means that the shares’ value could jump 38.09% from current levels. The projected low price target is $17 while the price target rests at a high of $26. In that case, then, we find that the current price level is +66.99% off the targeted high while a plunge would see the stock lose 9.18% from current levels.
Jefferies Financial Group Inc. (JEF) estimates and forecasts
Figures show that Jefferies Financial Group Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -28.48% over the past 6 months, with this year growth rate of -43.94%, compared to -20.4% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -140% and -103.2% for the next quarter. Revenue growth from the last financial year stood is estimated to be +16.1%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +39.1% over the past 5 years. Earnings growth for 2020 is a modest +264.4% while over the next 5 years, the company’s earnings are expected to increase by 18%.
Jefferies Financial Group Inc. is expected to release its next earnings report between September 24 and September 28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.6 at a share yield of 3.85%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.79%.
Jefferies Financial Group Inc. (NYSE:JEF)’s Major holders
Insiders own 18.59% of the company shares, while shares held by institutions stand at 80.24% with a share float percentage of 98.57%. Investors are also buoyed by the number of investors in a company, with Jefferies Financial Group Inc. having a total of 582 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 25.16 Million shares worth more than $343.88 Million. As of March 30, 2020, Blackrock Inc. held 9.42% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 23.03 Million shares as of March 30, 2020. The firm’s total holdings are worth over $314.86 Million and represent 8.62% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are FPA Funds Tr-FPA Crescent Fund and Vanguard Total Stock Market Index Fund. As of March 30, 2020, the former fund manager holds about 5.65% shares in the company for having 15093320 shares of worth $206.33 Million while later fund manager owns 7.05 Million shares of worth $96.33 Million as of March 30, 2020, which makes it owner of about 2.64% of company’s outstanding stock.