Headquartered in New York, NY Fiscal year ends November NYSE: JEF jefferies.com
Jefferies Financial Group is a diversified financial services company operating through three primary business segments: Investment Banking and Capital Markets, Asset Management, and legacy merchant banking investments. The Investment Banking division provides advisory services for mergers, acquisitions, and restructurings, as well as equity and debt underwriting across multiple sectors including healthcare, industrials, and energy. The Capital Markets segment encompasses equities trading (cash, electronic, options, and structured derivatives), prime brokerage services for hedge funds, and fixed income trading across securitized products, municipal securities, distressed debt, and emerging markets. The Asset Management business manages funds and accounts both directly and through strategic affiliated asset managers, including a planned 50% interest in Hildene. Jefferies has a strategic alliance with SMBC, which holds approximately 20% equity ownership and is its largest shareholder. The two firms are planning a joint venture in Japan for wholesale equities and equity capital markets. The company is in the process of divesting Tessellis and winding down legacy merchant banking investments to improve earnings quality and consistency. Jefferies trades on the NYSE under the ticker JEF. Updated
Jefferies reports at 4:16 PM ET today, and as the first big Wall Street name out of the gate each quarter, its advisory and trading numbers set the tone for what the bigger banks report weeks later. The read on whether the M&A revival is actually showing up in fees starts here.
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Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) owns over 433,000 shares of Jefferies Financial Group (NYSE: JEF), representing a 0.20% stake in the firm worth nearly $20 million. With a dividend…
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If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world,…
If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world,…
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This year’s Artificial Intelligence rally led by the so-called “Magnificent 7” has been fantastic if you owned those stocks. The reality is the great bulk of the S&P 500 is treading water…
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Jefferies Financial Group is a diversified financial services company operating through three primary business segments: Investment Banking and Capital Markets, Asset Management, and legacy merchant banking investments.
24/7 Wall St.'s 12-month price target for JEF is $51.60, rated Buy. The Wall Street consensus target is $55.67. JEF price prediction →
