Siebert Financial (NASDAQ:SIEB) Research Coverage Started at StockNews.com

Posted by Renee Jackson on Feb 1st, 2025

StockNews.com assumed coverage on shares of Siebert Financial (NASDAQ:SIEB – Free Report) in a report issued on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

Siebert Financial Price Performance

SIEB opened at $2.93 on Wednesday. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $3.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $117.55 million, a price-to-earnings ratio of 11.27 and a beta of 0.32. The firm’s fifty day moving average price is $3.03 and its two-hundred day moving average price is $2.43.

Siebert Financial (NASDAQ:SIEB – Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The financial services provider reported $0.10 earnings per share for the quarter. The business had revenue of $22.56 million for the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%.

Institutional Trading of Siebert Financial

An institutional investor recently raised its position in Siebert Financial stock. Geode Capital Management LLC lifted its holdings in shares of Siebert Financial Corp. (NASDAQ:SIEB – Free Report) by 70.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,788 shares of the financial services provider’s stock after purchasing an additional 85,456 shares during the period. Geode Capital Management LLC owned about 0.52% of Siebert Financial worth $523,000 at the end of the most recent reporting period. 1.52% of the stock is owned by institutional investors and hedge funds.

Siebert Financial Company Profile

(Get Free Report)

Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.