ST. LOUIS – Stifel Financial Corp. (NYSE: SF) announced that its Stifel, Nicolaus & Company, Incorporated (“Stifel”) and Keefe, Bruyette & Woods (“KBW”) subsidiaries combined to win 18 awards in the 2016 Thomson Reuters StarMine Analyst Awards, ranking the firm tied for first in number of awards won among 167 qualifying U.S. firms. With more than 1,400 companies under coverage in the U.S., Stifel also ranks as the overall largest provider of equity research and as the largest provider of small- and mid-cap coverage.
“We are proud of our analysts’ accomplishments and their recognition by StarMine, across all our brands and geographies,” said Hugh Warns, Global Head of Research. “While we are thrilled with earning our first overall number one ranking, we are even happier to report that it continues a 10-year track record of top 10 rankings in the survey (including firms acquired by Stifel). This consistency is what impresses me most about our team and shows that our analysts are committed to using their industry experience and expertise to add value and drive excess returns for our clients.”
The StarMine Analyst Awards recognize sell-side securities analysts based on the returns of their buy/sell recommendations and the accuracy of their earnings estimates. In determining the winners, StarMine identified the top three earnings estimators and stock pickers in 64 industries, as well as the top ten earnings estimators and stock pickers overall.
In the U.S., Stifel analysts won 15 awards, including five number one industry rankings. Stifel’s Benjamin Nolan earned a No. 10 overall ranking in the earnings estimate accuracy category out of 1,870 analysts.
“We are honored to receive a No. 1 ranking,” said Keith Gay, Director of U.S. Research for Stifel. “This award is a result of our analysts’ hard work and deep industry expertise. It also reflects our strong commitment to rigorous, high-quality fundamental equity research.”
KBW analysts added three awards to the firm’s total. “KBW’s performance speaks to our consistency in providing our clients with high-quality, in-depth analysis,” said Fred Cannon, Global Director of Research for KBW. “These awards reflect our dedication to our clients.”
Stifel covers 1,131 U.S. and European companies across 12 industry groups and 63 sub-sectors. With 963 U.S. stocks under coverage, Stifel is one of the 10 largest providers of U.S. equity research. Stifel is also the No. 2 provider of U.S. small cap equity coverage and a top ten provider of U.S. equity coverage in the consumer and retail, diversified industrials, health care, Internet & media, real estate, technology and transportation sectors, according to StarMine.
See Stifel.com to locate nearby branches.
This story is distributed by Treasure Coast Business, tcbusiness.com, a service for the readers and advertisers of Indian River Magazine. Report news of your business at news@tcbusiness.com.
