Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Jefferies Financial Group's shares outstanding for the quarter that ended in Feb. 2026 was 204 Mil.
Jefferies Financial Group (NYSE:JEF) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Jefferies Financial Group Shares Outstanding (EOP) Related Terms
Jefferies Financial Group Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Jefferies Financial Group's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jefferies Financial Group Shares Outstanding (EOP) Chart
JEF vs HLI, SF, SNEX: Shares Outstanding (EOP) Comparison
For the Capital Markets subindustry, Jefferies Financial Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jefferies Financial Group Shares Outstanding (EOP) vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Jefferies Financial Group's Shares Outstanding (EOP) falls into.
Jefferies Financial Group Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 204 Mil mean?
Jefferies Financial Group (JEF) has a Shares Outstanding (EOP) of 204 Mil as of Feb. 2026. The total shares a company has outstanding, at period-end. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's Shares Outstanding (EOP) too high?
Jefferies Financial Group's current Shares Outstanding (EOP) is 204 Mil. Overall, Jefferies Financial Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's Shares Outstanding (EOP) compare to HLI and SF?
Jefferies Financial Group's Shares Outstanding (EOP) of 204 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Capital Markets company?
A good Shares Outstanding (EOP) depends on the Capital Markets industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current Shares Outstanding (EOP) is 204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jefferies Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Jefferies Financial Group (JEF) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.93, compared to a current price of $48.78 — trading 15.8% below its estimated fair value. The current Shares Outstanding (EOP) is 204 Mil. Jefferies Financial Group's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current Shares Outstanding (EOP) is 204 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jefferies Financial Group (JEF) Overvalued in 2026?
Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued.
The current stock price of $48.78 is trading 15.8% below its estimated GF Value™ of $57.93.
GuruFocus considers Jefferies Financial Group to be Modestly Undervalued.
Key valuation signals for JEF:
Shares Outstanding (EOP): 204 Mil
GF Value™: $57.93 vs. price of $48.78 (15.8% below fair value)
No single metric tells the full story. See the JEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jefferies Financial Group 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 core of the combined 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.
86GF Score
Get the complete analysis for JEF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JEF has been successfully added to your 
