STIFEL FINANCIAL CORP (SF)

Security Brokers, Dealers & Flotation Companies

Latest Price

$76.82

TTM P/E

11.04

Normalized P/E

13.62

Div Yield

2.08%

Book Value

34.40

P/B Ratio

2.23

Valuation metrics

EPS: $5.87

Book value / share: $54.31

Formula: √(22.5 × EPS × BVPS)

Graham Number

$84.70

+10% upside

Norm. op. income: $1.1B (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$93.05

+21% upside

Base FCF: $684M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$158.18

+106% upside

EPS: $5.87

Target P/E: 14×

Formula: EPS × P/E

P/E Fair Value

$82.18

+7% upside

89.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	14.78M	$1.03B	9.63%	+292.5K	2026-06-30
FMR LLC	8.53M	$595.0M	5.56%	+398.6K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	7.16M	$499.0M	4.67%	+39.9K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	6.66M	$464.0M	4.34%	+11.8K	2026-06-30
AQR CAPITAL MANAGEMENT LLC	6.00M	$418.0M	3.91%	-2.47M	2026-06-30
STATE STREET CORP	4.88M	$340.0M	3.18%	+223.2K	2026-06-30
Boston Partners	4.40M	$307.0M	2.87%	+163.4K	2026-06-30
STIFEL FINANCIAL CORP	3.89M	$271.0M	2.53%	+111.7K	2026-06-30
EARNEST PARTNERS LLC	3.61M	$251.0M	2.35%	-81.6K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	2.90M	$202.0M	1.89%	+285.8K	2026-06-30