Is Stifel Financial Stock Still Attractive After Its Strong Share Price Outlook in 2025?

• If you’ve been wondering if Stifel Financial is still a smart place to put fresh money to work, you’re not alone. This breakdown will focus squarely on what you are really getting for the current share price.

• The stock has quietly kept rewarding patient holders, with shares up about 2.5% over the past week, 8.5% over the past month, 21.2% year-to-date, and 21.9% over the past year, on top of multi-year gains.

• Following those moves, Stifel has been expanding its wealth management and investment banking footprint, adding financial advisors and increasing its presence in key US markets. The firm also continued to invest in technology and platform capabilities that support higher margin advisory work and capital markets, which may help justify a richer valuation than in the past.

• Even so, our structured valuation checks suggest that Stifel scores just 2 out of 6 on undervaluation. This makes it important to unpack what different valuation methods are actually telling us about upside potential here, and to end by looking at a more holistic way of thinking about value that goes beyond the usual models.

Stifel Financial scores just 2/6 on our assessment checks. See what other red flags we found in the full assessment breakdown.

The Excess Return model looks at how much profit Stifel generates above the minimum return required by equity investors, then capitalizes that excess return at fair value per share.

For Stifel, the starting point is a Book Value of $49.74 per share and Stable EPS of $6.82 per share, based on the median return on equity from the past 5 years. With an Average Return on Equity of 11.62% and a Cost of Equity of $5.01 per share, the model estimates an Excess Return of $1.82 per share. This implies that the business is earning significantly more than investors demand on its equity basis.

A Stable Book Value of $58.73 per share, derived from weighted future book value estimates by 2 analysts, is then combined with those excess returns to derive an intrinsic value of approximately $93.28 per share. Compared to the current market price, this suggests that the stock is approximately 37.9% overvalued under this framework.

Result: VALUED ZERO

Our Excess Return analysis suggests that Stifel Financial may be overvalued by 37.9%. Discover 902 undervalued stocks or create your own screener to find better value opportunities.

Go to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Stifel Financial.

For an established profitable firm like Stifel Financial, the price-to-earnings ratio is a practical way to judge value because it ties what investors pay directly to the company’s actual earnings power. In general, faster growth and lower perceived risk may justify a higher PE, while slower growth or higher risk should mean a lower and more conservative multiple.