Jefferies/$JEF

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About Jefferies

Jefferies is a full-service investment banking and capital markets firm that was founded in 1962. After nearly 30 years of focusing on institutional trading services, it entered the investment banking industry in the early 1990s, which ultimately grew into the core business. In 2013, Jefferies merged with Leucadia, a manufacturing-focused holding company. Since merging, Jefferies became the bedrock of the business as the bulk of the legacy portfolio was sold off and the parent company was renamed to match the subsidiary. Within the investment banking landscape, Jefferies predominately serves the North American middle market and has captured considerable market share over the past decade.

Ticker

$JEF
Sector

Primary listing

NYSE

Employees

7,866

Jefferies Metrics

BasicAdvanced
$11B
17.76
$2.91
1.48
$1.55
3.09%

What the Analysts think about Jefferies

Analyst ratings (Buy, Hold, Sell) for Jefferies stock.

Bulls say / Bears say

Jefferies posted stronger-than-expected third-quarter earnings with net income of $224 million, exceeding analysts' $0.80 per share forecast, driven by a 20.3% year-over-year increase to $1.14 billion in investment banking revenue and record advisory fees of $655.6 million, up 10.7% from the year before. (Reuters)
Jefferies’ equity and debt underwriting revenues rose by 20.7% and 36.3% respectively in the third quarter, showing diversification beyond advisory work and boosting total capital markets income. (Reuters)
SMBC’s additional ¥135 billion investment increased its stake in Jefferies to up to 20%, furthering their strategic partnership and providing $2.5 billion in new credit facilities for leveraged and pre-IPO loans, strengthening Jefferies’ capital base and enabling more cross-border deals. (Reuters)
Jefferies’ second-quarter profit dropped nearly 40% to $88 million, missing analyst estimates of $0.44 per share, as equity underwriting revenue was cut in half to $122.4 million amid continued market volatility. (Reuters)
The company’s stock fell almost 2% in after-hours trading following its second-quarter results, reflecting investor concern over inconsistent performance across banking, underwriting, and trading units. (Reuters)
Uncertainty from U.S. policy decisions and geopolitical events dampened investment banking activity early in the second quarter, resulting in flat debt underwriting revenue and just a slight 0.4% fall in capital markets income, even as advisory business remained strong. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.

Jefferies Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Jefferies Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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