Top 5 Companies in the Investment Banking & Brokerage Industry With the Highest Earnings Yield (COWN, GS, LAZ, ITG, PJC)
Below are the three companies in the Investment Banking & Brokerage industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.
Cowen Group ranks highest with a an earnings yield of 38.3%. Following is Goldman Sachs Group with a an earnings yield of 11.3%. Lazard ranks third highest with a an earnings yield of 9.9%.
Investment Technology Group follows with a an earnings yield of 8.7%, and Piper Jaffray rounds out the top five with a an earnings yield of 7.6%.
SmarTrend is tracking the current trend status for Piper Jaffray and will alert subscribers who have PJC in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest earnings yield cowen group goldman sachs group lazard investment technology group piper jaffray