|Bid||32.87 x 800|
|Ask||32.88 x 1100|
|Day's range||32.48 - 32.94|
|52-week range||16.00 - 35.69|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||5.93|
|Earnings date||21 Sep 2021 - 27 Sep 2021|
|Forward dividend & yield||1.00 (3.08%)|
|Ex-dividend date||13 Aug 2021|
|1y target est||39.50|
Investment bank Jefferies Financial Group (NYSE: JEF) has been on a roll, as its stock price increased 39% through the first half of 2021, according to data provided by S&P Global Market Intelligence. Jefferies is an investment bank and asset manager, but it makes most of its money as an investment bank, catering mainly to the middle market. It was a good place to be in 2020 as Jefferies Group, the investment banking arm, had a record 67% jump in net income year over year.
What happened Shares of Jefferies Financial (NYSE: JEF) jumped 5.4% on Wednesday after the U.S. investment bank announced a strategic alliance with Japan-based Sumitomo Mitsui Financial Group (NYSE: SMFG).