Workflow
StoneX(SNEX)
icon
Search documents
Here is Why Growth Investors Should Buy StoneX Group (SNEX) Now
ZACKS· 2026-02-26 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
StoneX Digital Launches Digital Asset Lending Capability
Globenewswire· 2026-02-26 13:00
Core Insights - StoneX Group Inc. has launched a digital asset lending capability through its division, StoneX Digital, enhancing its brokerage and financing services for institutional clients [1][2]. Group 1: Digital Asset Lending Capability - The new lending capability connects institutional clients to digital asset markets, providing spot execution, listed products, and financing solutions within a single framework [2][3]. - This initiative aims to support clients in accessing additional liquidity and capital efficiency while maintaining exposure to digital assets [2][4]. - The initial collateral for the lending program will be Bitcoin, with plans to include additional large-cap digital assets as client demand grows [4]. Group 2: Market Demand and Infrastructure - Institutional market participants are increasingly seeking financing tools that integrate both digital and traditional asset workflows [3]. - StoneX developed this capability to meet the growing demand for integrated digital asset services aligned with established financial market standards [5]. - The lending capability builds on StoneX's existing brokerage and risk management infrastructure, facilitating the integration of digital asset financing into broader portfolio strategies [4]. Group 3: Company Overview - StoneX Digital was launched in June 2022 to provide institutional clients with digital asset trading tools and market access within a regulated framework [5]. - StoneX Group Inc. is a Fortune 50 company headquartered in New York City, serving over 80,000 commercial and institutional clients across more than 80 offices globally [6].
Abaxx Exchange Completes First Physical Delivery Under Gold Singapore Futures Contract
Globenewswire· 2026-02-24 12:00
First physical delivery validates the Company's integrated gold market infrastructure in SingaporeTORONTO and SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), StoneX Financial Pte. Ltd. ("StoneX"), a subsidiary of StoneX G ...
4 Top-Ranked Stocks With Solid Net Profit Margins to Enhance Returns
ZACKS· 2026-02-18 13:46
Core Insights - Investors prioritize companies with consistent profitability, measured effectively by net profit margin, which reflects operational efficiency and management quality [1][2] Company Summaries - **Enova International, Inc. (ENVA)**: A financial technology company providing online services to non-prime consumers and small businesses. It has a Zacks Rank of 1 and a VGM Score of A. The 2026 earnings estimate has been revised upward by 10.7% to $15.78 per share, with an average surprise of 8.66% over the last four quarters [8][9] - **StoneX Group Inc. (SNEX)**: Offers financial services including execution and post-trade settlement. It holds a Zacks Rank of 1 and a VGM Score of A. The fiscal 2026 earnings estimate has increased by 8.2% to $7.90 per share, with an average surprise of 3.83% in the last four quarters [9][10] - **Seanergy Maritime Holdings Corporation (SHIP)**: A pure-play Capesize shipowner providing dry bulk marine transportation. It has a Zacks Rank of 1 and a VGM Score of B. The 2025 earnings estimate has been revised upward to $1.59 per share from $1.46, with an impressive average surprise of 76.43% over the last four quarters [11] - **Flexsteel Industries, Inc. (FLXS)**: Engaged in designing and manufacturing upholstered furniture. It has a Zacks Rank of 1 and a VGM Score of B. The fiscal 2026 earnings estimate has increased by 15.5% to $4.09 per share, with an average surprise of approximately 53.1% in the last four quarters [12] Investment Strategy - A healthy net profit margin and solid EPS growth are critical for maximizing returns. Additional criteria include a net margin of at least 0%, positive EPS growth, a broker rating of 1, and a Zacks Rank of 1 or 2 [5][6][7]
Looking for a Growth Stock? 3 Reasons Why StoneX Group (SNEX) is a Solid Choice
ZACKS· 2026-02-10 18:45
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - StoneX Group Inc. (SNEX) is recommended as a promising growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Historical EPS growth rate for StoneX Group is 22.5%, with projected EPS growth of 34.1% this year, surpassing the industry average of 19.6% [5] Group 3: Cash Flow Growth - Year-over-year cash flow growth for StoneX Group is 20.2%, significantly higher than the industry average of -1.7% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 27.9%, compared to the industry average of 11.2% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for StoneX Group have been revised upward, with the Zacks Consensus Estimate increasing by 8.2% over the past month [9] Group 5: Conclusion - StoneX Group has achieved a Growth Score of B and a Zacks Rank 1, indicating it is a potential outperformer and a solid choice for growth investors [11]
StoneX Group Q1 Earnings Call Highlights
Yahoo Finance· 2026-02-06 06:36
Core Insights - StoneX Group reported a very strong start to fiscal 2026, achieving record net operating revenues, net income, and earnings per share for the quarter ended December 31, 2025 [4][7] Financial Performance - Operating revenues totaled just over $1.4 billion, reflecting a 52% increase year-over-year and a 20% increase sequentially [1] - Net operating revenues increased 47% year-over-year and 24% sequentially [1] - The company posted record net income of $139 million and diluted EPS of $2.50, with net income rising 63% year-over-year and EPS increasing 48% [3][7] - Return on equity was reported at 22.5%, with a book value per share of $48.17 [2][7] Business Segments and Growth Drivers - Growth was primarily driven by listed derivatives, which saw revenues rise by $157.3 million year-over-year, including $130.7 million from the R.J. O'Brien acquisition [6][8] - Precious metals segment generated $75 million in income, with revenues increasing by $83.9 million [6][10] - Operating revenues from OTC derivatives climbed 72% year-over-year, while physical contracts saw a 69% increase [8] Integration and Synergies - The integration of R.J. O'Brien and Benchmark contributed pre-tax net income of $28.5 million and $4.6 million, respectively [5][14] - Management affirmed expected synergies of $50 million, with milestones anticipated later in fiscal 2026 [5][17] - The U.K. consolidation released $20 million in capital, with further consolidations planned [16] Client Activity and Market Position - Average client equity increased by 100%, with R.J. O'Brien contributing $5.8 billion in average client equity during the quarter [9] - StoneX's precious metals operation is described as an "ecosystem," providing various services including OTC liquidity and logistics for physical metal [11][12] Stock Actions - The board approved a 3-for-2 stock split, with shares expected to be distributed on March 20, 2026 [22]
StoneX(SNEX) - 2026 Q1 - Earnings Call Transcript
2026-02-05 15:02
Financial Data and Key Metrics Changes - The company reported record net income of $139 million and diluted earnings per share (EPS) of $2.50, representing a 63% growth in net income and a 48% growth in EPS year-over-year [11][38] - Operating revenues exceeded $1.4 billion, up 52% compared to the prior year and up 20% from the previous quarter [12] - Total fixed compensation and other expenses increased by $75.6 million or 31% year-over-year, with $44.4 million attributed to the acquisition of R.J. O'Brien and Benchmark [12][13] - The trailing 12-month results showed net income at a record $359.8 million, up 30%, with diluted EPS of $6.70 and a return on equity (ROE) of 16.9% [15] Business Line Data and Key Metrics Changes - The commercial segment's net operating revenues increased by 65%, driven by growth in listed and OTC derivatives [21] - The institutional segment reported record net operating revenues and segment income, with growth of 86% and 78% respectively, primarily due to a $54.9 million increase in securities revenues [22] - The self-directed retail segment saw a decline in net operating revenues by 34% and segment income down 67%, attributed to a 41% decline in rate per million captured in FX CFD contracts [23] Market Data and Key Metrics Changes - Operating revenues derived from physical contracts increased by 69% year-over-year, primarily driven by an $83.9 million increase in precious metals operating revenues [18] - Average client equity and average money market FDIC sweep client balances increased by 100% and 5% respectively [18] - Payments revenues were down 4% year-over-year but up 7% compared to the previous quarter, primarily due to an increase in average daily volume [18] Company Strategy and Development Direction - The company aims to leverage its diversified product offerings and global footprint to capture growth opportunities across various markets [5][10] - The integration of R.J. O'Brien is on track, with expectations of achieving synergies and enhancing cross-sell opportunities [27][28] - The company is focusing on expanding its global hedging business and enhancing its digital capabilities to improve client engagement and operational efficiency [30][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capitalizing on current market volatility due to the company's diverse offerings and strong balance sheet [38] - The company benefits from increased market volatility but is cautious about extreme volatility that could negatively impact clients [54][55] - Management remains optimistic about the potential for revenue growth from regional banks and the integration of new products and services [66][70] Other Important Information - The company announced a 3-for-2 stock split of its common stock, effective March 23, 2026 [25][26] - The integration of R.J. O'Brien is expected to release $20 million in capital following the consolidation of the U.K. entity [28] Q&A Session Summary Question: How much of the strength in the physical trading business came from cross-selling RJO clients? - Management indicated that the strength was primarily driven by heightened interest in precious metals rather than from traditional R.J. O'Brien clients [42] Question: Are cost synergies from the RJO acquisition on track? - Management confirmed that they are still affirming the $50 million figure for cost synergies, with expectations for continued progress throughout the fiscal year [46] Question: What is the outlook for the institutional segment and rate per million? - Management noted that the institutional segment is still in early stages of expansion, with a more normalized rate per million expected moving forward [49] Question: How is the health of the customer post-quarter? - Management stated that while they benefit from increased volatility, extreme volatility can stress clients, and they focus on maintaining client liquidity [54] Question: What are the near-term cross-sale opportunities from the R.J. O'Brien deal? - Management highlighted the importance of integration and education for R.J. O'Brien clients to introduce new capabilities and products [58]
StoneX(SNEX) - 2026 Q1 - Earnings Call Transcript
2026-02-05 15:02
Financial Data and Key Metrics Changes - The company reported record net income of $139 million and diluted earnings per share (EPS) of $2.50, representing a 63% growth in net income and a 48% growth in EPS year-over-year [11][38] - Operating revenues exceeded $1.4 billion, up 52% compared to the prior year and up 20% from the previous quarter [12] - Total fixed compensation and other expenses increased by $75.6 million or 31% year-over-year, with $44.4 million attributed to the acquisition of R.J. O'Brien [12][13] Business Line Data and Key Metrics Changes - The commercial segment's net operating revenues increased by 65%, driven by growth in listed and OTC derivatives [21] - The institutional segment reported record net operating revenues and segment income, with growth of 86% and 78% respectively, primarily due to a $54.9 million increase in securities revenues [22] - The self-directed retail segment saw a decline in net operating revenues by 34% and segment income down 67%, largely due to a 41% decline in rate per million captured in FX CFD contracts [23] Market Data and Key Metrics Changes - Operating revenues derived from physical contracts increased by 69% year-over-year, primarily driven by an increase in precious metals operating revenues [17] - Average client equity and average money market FDIC sweep client balances increased by 100% and 5% respectively [18] - Payments revenues were down 4% year-over-year but up 7% compared to the previous quarter, primarily due to an increase in average daily volume [18] Company Strategy and Development Direction - The company aims to leverage its diversified product offerings and global footprint to capture growth opportunities across various markets [5][10] - The integration of R.J. O'Brien is expected to enhance cross-selling opportunities and expand the company's capabilities in the financial services sector [27][28] - The company is focusing on expanding its global hedging business and enhancing its digital platforms to improve client engagement and operational efficiency [30][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capitalizing on current market volatility due to the company's diverse offerings and strong balance sheet [38] - The company benefits from increased market volatility but is cautious about extreme volatility that could negatively impact clients [54][55] - Management remains optimistic about the potential for revenue growth from regional banks and the integration of new capabilities from the R.J. O'Brien acquisition [66][70] Other Important Information - The company announced a 3-for-2 stock split of its common stock, which will be effective after the close of trading on March 20, 2026 [25][26] - The integration of R.J. O'Brien is on track, with significant capital released from the consolidation of entities [28] Q&A Session Summary Question: How much of the strength in physical trading came from cross-selling RJO clients? - Management indicated that the strength was primarily driven by heightened interest in precious metals rather than from traditional R.J. O'Brien clients [42] Question: Are cost synergies from the RJO acquisition on track? - Management confirmed that they are still affirming the $50 million figure for cost synergies, with expectations for continued progress throughout the fiscal year [46] Question: What is the outlook for the institutional segment and rate per million? - Management noted that the institutional segment is still in early stages of expansion, with a more normalized rate per million expected moving forward [49][72] Question: How is the health of the customer post-quarter? - Management stated that while they benefit from increased volatility, extreme volatility can stress clients, and they focus on maintaining strong relationships to support them [54][55] Question: What are the near-term cross-sale opportunities from the R.J. O'Brien deal? - Management highlighted the importance of integration and education for R.J. O'Brien clients to introduce new capabilities and products [58][59]
StoneX(SNEX) - 2026 Q1 - Earnings Call Transcript
2026-02-05 15:00
Financial Data and Key Metrics Changes - The company reported record net income of $139 million, representing a 63% increase year-over-year, with diluted earnings per share (EPS) of $2.50, up 48% [12][40] - Operating revenues exceeded $1.4 billion, marking a 52% increase compared to the previous year and a 20% increase from the preceding quarter [13] - Net operating revenues increased by 47% year-over-year, driven by strong performance across various segments [20] Business Line Data and Key Metrics Changes - The commercial segment's net operating revenues rose by 65%, with significant growth in listed and OTC derivatives [22] - The institutional segment achieved record net operating revenues and segment income, growing by 86% and 78% respectively, primarily due to increased securities revenues [23] - The self-directed retail segment saw a decline in net operating revenues by 34%, attributed to a significant drop in FX CFD contracts [23] Market Data and Key Metrics Changes - Operating revenues from physical contracts increased by 69% year-over-year, driven by a substantial rise in precious metals revenues [19] - The company experienced a 72% increase in OTC derivatives revenues, reflecting heightened client activity in Brazilian and European markets [18] - Payments revenues decreased by 4% year-over-year but increased by 7% compared to the previous quarter [19] Company Strategy and Development Direction - The company is focused on integrating R.J. O'Brien to enhance cross-selling opportunities and expand its ecosystem [28] - The strategic direction includes deepening market access and expanding product offerings, particularly in new markets such as power and carbon [37] - The company aims to strengthen its global hedging business by enhancing digital capabilities and client engagement [39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capitalizing on current market volatility due to the company's diverse offerings and strong balance sheet [40] - The company noted that while increased volatility benefits its operations, extreme volatility can pose risks to clients, emphasizing the importance of client engagement [56] - Management remains optimistic about the potential for revenue growth from regional banks and the integration of R.J. O'Brien [69] Other Important Information - The company announced a 3-for-2 stock split, which will be effective on March 20, 2026 [27] - The integration of R.J. O'Brien is on track, with successful migration of entities and expected capital release [29] Q&A Session Summary Question: How much of the strength in physical trading came from cross-selling RJO clients? - Management indicated that the strength was primarily driven by heightened interest in precious metals rather than from R.J. O'Brien's traditional client base [43][44] Question: Are cost synergies from the R.J. O'Brien acquisition on track? - Management confirmed that they are still affirming the $50 million synergy target, with some early wins already realized [47][48] Question: What is the outlook for the institutional segment and rate per million? - Management noted that the institutional segment is still in early stages of expansion, with a more normalized rate per million expected moving forward [49][51] Question: How is the health of the customer post-quarter? - Management stated that while they benefit from increased volatility, extreme volatility can stress clients, and they focus on maintaining client liquidity [54][56] Question: What are the near-term cross-sale opportunities from the R.J. O'Brien deal? - Management highlighted ongoing integration efforts and the introduction of new capabilities to R.J. O'Brien clients as key opportunities [58][60]
StoneX(SNEX) - 2026 Q1 - Earnings Call Presentation
2026-02-05 14:00
StoneX Group Inc. February 5 th, 2026 Disclaimer The StoneX Group Inc. group of companies provides financial services worldwide, including physical commodities, securities, exchange -traded and over-the-counter derivatives, risk management, global payments and foreign exchange products, through its subsidiaries, in accordance with applicable law in the jurisdictions where services are provided . References to over-the counter ("OTC") products or swaps are made on behalf of StoneX Markets LLC (SXM), a member ...