Jefferies Financial Group (NYSE:JEF) Announces Earnings Results

by · The Markets Daily

Jefferies Financial Group (NYSE:JEF – Get Free Report) announced its earnings results on Wednesday. The financial services provider reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.14), FiscalAI reports. Jefferies Financial Group had a net margin of 6.61% and a return on equity of 7.83%. The business had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same period in the prior year, the business posted $0.40 EPS. Jefferies Financial Group’s revenue for the quarter was up 35.0% on a year-over-year basis.

Jefferies Financial Group Trading Down 4.3%

Shares of JEF stock opened at $57.92 on Thursday. Jefferies Financial Group has a 1 year low of $35.53 and a 1 year high of $71.04. The firm has a fifty day moving average price of $53.28 and a 200-day moving average price of $53.34. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market cap of $11.84 billion, a price-to-earnings ratio of 19.57 and a beta of 1.54.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, August 18th. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 54.05%.

Jefferies Financial Group News Roundup

Here are the key news stories impacting Jefferies Financial Group this week:

  • Positive Sentiment: Jefferies reported sharply higher quarterly profit and revenue, with diluted EPS rising to $1.02 from $0.40 a year ago, reflecting strong dealmaking and equities performance.
  • Positive Sentiment: The board authorized a new $250 million share repurchase plan, signaling confidence in the stock’s value and providing a potential support for shares.
  • Positive Sentiment: Jefferies declared a quarterly dividend of $0.40 per share, reinforcing its shareholder return policy and offering a roughly 2.8% annualized yield.
  • Neutral Sentiment: Jefferies had a strong quarter operationally, but the results were not enough to meet already elevated analyst expectations, which may limit near-term upside until estimates are reset. Jefferies Announces Second Quarter 2026 Financial Results
  • Negative Sentiment: Q2 earnings of $1.02 per share missed consensus estimates, and revenue of $2.21 billion also came in below expectations, which is likely weighing on the stock.

Jefferies Financial Group declared that its Board of Directors has authorized a stock buyback program on Wednesday, June 24th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research upgraded Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings raised Jefferies Financial Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, June 12th. UBS Group cut Jefferies Financial Group from a “buy” rating to a “neutral” rating and increased their target price for the stock from $59.00 to $67.00 in a research note on Thursday, June 18th. The Goldman Sachs Group restated a “buy” rating on shares of Jefferies Financial Group in a report on Friday, June 5th. Finally, Oppenheimer upped their price target on shares of Jefferies Financial Group from $72.00 to $87.00 and gave the stock an “outperform” rating in a research note on Friday, June 12th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Jefferies Financial Group presently has an average rating of “Hold” and a consensus price target of $63.38.

Read Our Latest Research Report on Jefferies Financial Group

Hedge Funds Weigh In On Jefferies Financial Group

Institutional investors have recently bought and sold shares of the stock. Alberta Investment Management Corp bought a new stake in Jefferies Financial Group during the fourth quarter valued at about $1,574,000. Mercer Global Advisors Inc. ADV raised its stake in shares of Jefferies Financial Group by 593.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 185,791 shares of the financial services provider’s stock worth $11,513,000 after buying an additional 159,016 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Jefferies Financial Group during the 4th quarter valued at about $269,000. NewEdge Advisors LLC lifted its position in shares of Jefferies Financial Group by 8.3% during the 4th quarter. NewEdge Advisors LLC now owns 36,347 shares of the financial services provider’s stock valued at $2,252,000 after buying an additional 2,772 shares in the last quarter. Finally, XTX Topco Ltd grew its stake in shares of Jefferies Financial Group by 413.3% during the 4th quarter. XTX Topco Ltd now owns 21,870 shares of the financial services provider’s stock valued at $1,355,000 after acquiring an additional 17,609 shares during the period. 60.88% of the stock is owned by institutional investors.

About Jefferies Financial Group

(Get Free Report)

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.

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