JEF Stock Summary and Trading Ideas (Jefferies Financial Group | NYSE:JEF)

Jefferies Financial Group Inc is a diversified financial services company. It has two reportable segments; Investment Banking and Capital Markets which is also the majority revenue generating segment, includes securities, commodities, corporate lending, futures and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across different sectors. The Asset Management reportable business segment provides alternative investment management services to investors in the U.S. and overseas and generates investment income from capital invested in and managed by it or its affiliated asset managers.

Jefferies Financial Group trades on the NYSE stock market under the symbol JEF.

As of April 18, 2024, JEF stock price climbed to $41.52 with 623,786 million shares trading.

JEF has a beta of 1.48, meaning it tends to be more sensitive to market movements. JEF has a correlation of 0.51 to the broad based SPY ETF.

JEF has a market cap of $8.80 billion. This is considered a Mid Cap stock.

Last quarter Jefferies Financial Group reported $2 billion in Revenue and $.87 earnings per share. This beat revenue expectation by $218 million and exceeded earnings estimates by $.12.

In the last 3 years, JEF stock traded as high as $47.39 and as low as $25.88.

The top ETF exchange traded funds that JEF belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

JEF has outperformed the market in the last year with a return of +36.8%, while the SPY ETF gained +22.2%. In the last 3 month period, JEF beat the market returning +6.5%, while SPY returned +5.2%. However, in the most recent 2 weeks JEF has underperformed the stock market by returning -5.1%, while SPY returned -2.6%.

JEF support price is $40.56 and resistance is $41.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JEF stock will trade within this expected range on the day.