Research

Stephens equity research reports are compiled by our research analysts – independent industry experts who consider the perspective of an investor as well as an intermediary.

Report Filtering Options
Date range:
to

Report Title PDF Companies Publish Date
JKHY 2Q 1st Look: Org Beat Flows Thru to Profit; Outcomes of Bank Mergers T... PDF JKHY 02/04/2020
Mid-Day Research Summary PDF 02/04/2020
Morning Research Summary PDF 02/04/2020
Preview: 3Q20 Print Could Be Noisy, But We Like LT Risk/Reward Here PDF EGHT 02/04/2020
Some Quick Musing on the Iowa Caucus Debacle for Our Coverage PDF 02/04/2020
Subprime Stocks Crushed: Iowa Caucuses, Rate Caps PDF 02/04/2020
Take-Two Announces Dan Houser Will Leave Rockstar PDF TTWO 02/04/2020
Tough Quarter, Structural and Cycle Improvements Should Improve Results In ... PDF USAK 02/04/2020
Updated Thoughts Following Earnings - Adj. Estimates. PDF OCFC 02/04/2020
Updating our Model Post F1Q20 Earnings PDF HP 02/04/2020
Upgrading to Overweight - Solid Outlook in 2020 and Attractive Sub 10x P/E PDF VLY 02/04/2020
V Final: Long B/c EU, Svcs Growth "Catch Up," Analyst Day, Value; Pricing U... PDF V 02/04/2020
Weekly Commodity Monitor (2/4/20) PDF 02/04/2020
4Q EPS Tops Ests; Pending Acquisitions Provide Growth Runway; Reiterate OW... PDF ABG 02/03/2020
Active 2019 with Assets Crossing $10B; Organic Balance Sheet Outpacing Peer... PDF FRME 02/03/2020
Afternoon Research Summary PDF 02/03/2020
AM Update: 4Q Tops Estimates; Revs +6%, EPS +15%; SSS Beat Ests. PDF ABG 02/03/2020
Bus Svcs Weekly: Worldline M&A; GS Tgts Small Banks; Adyen Win; TEMN/GO... PDF 02/03/2020
Containerboard & Boxes - December 2019 PDF 02/03/2020
E&P Weekly: Return of the Bern & ESTE, HES, MUR, OAS, TALO Updates PDF 02/03/2020
FICO 4Q Final: How Much Pricing Is Built Into Stock? We Run Some Scenarios.... PDF FICO 02/03/2020
Fine-Tuning Outlook During A Fluid Period PDF STAA 02/03/2020
First Look: January PMI @ 50.9% vs. Consensus of 48.1% and December’s... PDF 02/03/2020
First Look: Reports 4Q19 Miss, OR Underperformance Puts Stock in Penalty Bo... PDF SAIA 02/03/2020
Gains On Sale Drive Beat, Increased Brokered Freight Drive Positive Jan Ton... PDF ARCB 02/03/2020
Grand Rounds: Weekly Medical Device & Hospital Supply Review PDF 02/03/2020
In-Line Revenue; Excess Capital Represents Dry Powder; Increasing PT to $56... PDF RRBI 02/03/2020
Industrial Products & Services - E&C and Industrial Services Valuat... PDF 02/03/2020
Industrial Products & Services - Industrial Distributor Valuation PDF 02/03/2020
Initial View: CTLT 2Q20 Beat/Raise, Acquiring MasTherCell PDF CTLT 02/03/2020
Mid-Day Research Summary PDF 02/03/2020
Morning Research Summary PDF 02/03/2020
Shopping At Lowes, We See Lots Of Progressive Marketing; More Positive PDF AAN 02/03/2020
Stephens Meetings | Enterprise Connect Conference | March 30-April 02 | Orl... PDF 02/03/2020
Super Regional Banks: Op. 4Q19 EPS Better, PPNR Forecasts Higher..Stocks Lo... PDF 02/03/2020
Thesis Intact as NIM Expansion Drives Beat - Adj. Est. and P/T PDF ISBC 02/03/2020
Updated Outlook Suggests Delay in Cost Savings; Walking Through our New $54... PDF TFC 02/03/2020
Updating Forecast for Solid Results & Conservative 2020 Guidance; Maint... PDF HTH 02/03/2020
Weekly Reader: BLFS, BRKS, CDMO, CERS, CTLT, RGEN, TECH PDF 02/03/2020
4Q Preview PDF CWH 01/31/2020
Afternoon Research Summary PDF 01/31/2020
Aw, Here it Goes: 5 Predictions for Cloud Communications in 2020 PDF 01/31/2020
Behavioral Health M&A Activity Slowed in 2019 as Focus Shifts to Adding... PDF 01/31/2020
Discover Now Lowest Savings Rate With 10bps Cut: Deposit Rate Tracker PDF 01/31/2020
EPAY 2Q Call: Sales/Mkting/Dev Drive Lower Profit; PMX Vendor Pay ~40% Grow... PDF EPAY 01/31/2020
First Look at Insurance Subsidiary Sale PDF HTH 01/31/2020
Flu Activity Picks Back Up For Second Week in a Row Amidst Coronavirus Fear... PDF 01/31/2020
Highlights From Stephens Hosted Expert Call w/ Altarum on Health Care Costs... PDF 01/31/2020
Lower Expense Trajectory Drives Incrementally Higher EPS Post 4Q PDF TOWN 01/31/2020
Lowering EPS Forecasts Following 4Q19 Results; Maintain Overweight Rating PDF STXB 01/31/2020
Lowering Estimates Following 4Q Results; ROA Remains Best In Class PDF CHCO 01/31/2020
LT+ But NT Risks Are Real; Maintain OW/Vs PDF 01/31/2020
Margin Expansion Thesis Evaporates & Concerns Rise Given Amazon Leverag... PDF UPS 01/31/2020
Mid-Day Research Summary PDF 01/31/2020
Morning Research Summary PDF 01/31/2020
MUSA Reports 4Q19; Revising Estimates & PT; Reiterate Rating PDF MUSA 01/31/2020
Restaurant Coverage Update PDF 01/31/2020
SLB Completes $355 mil. Sale of Argentina Acreage PDF SLB 01/31/2020
Stephens Weekly Rail Update (Ended 1/25/20) PDF 01/31/2020
TALO Provides Updates on Pending Acquisitions and GoM Operations PDF TALO 01/31/2020
TSCO Reports 4Q19; Expectations Reset w/ Easing Comps; Maintain OW Rating &... PDF TSCO 01/31/2020
Weekly Fuel Report (1/31/20) PDF 01/31/2020
WY 4Q19 First Look PDF WY 01/31/2020
WY 4Q19: Just the Outlook PDF WY 01/31/2020
'20-'21 U.S. AIA Cons. Nonresi Outlook Call; Slowing Growth, But No Downtu... PDF 01/30/2020
1st Look at 4Q19 Results: Disappointing Close to 2019 as Profitability Dips... PDF STXB 01/30/2020
2020 Guide Encouraging; Margin Improvement At SWFT Going Unnoticed; Reit. O... PDF KNX 01/30/2020
4Q19 First Look: Core PPNR Beat, But Loan Growth Remains Challenged PDF FIBK 01/30/2020
Added Scale Now Visible in Key Profitability Metrics, Maintain OW Rating PDF HBNC 01/30/2020
Adjusting Estimates For Favorable Pre-Announcement & Follow-On Offering... PDF ESTA 01/30/2020
ADM Reports 4Q19; Revising Estimates; Reiterate Rating and PT PDF ADM 01/30/2020
Afternoon Research Summary PDF 01/30/2020
AM Update: 3Q Miss and Downward Guide Revision; SSS Light PDF MNRO 01/30/2020
CMS Formally Releases Medicaid "Healthy Adult Opportunity" Block Grant Prop... PDF 01/30/2020
Core NIM Slips; Peer Leading Profitability Continues; Maintain OW Rating PDF BSVN 01/30/2020
Corteva: 4Q19 Just the Outlook PDF CTVA 01/30/2020
CTVA: Corteva First Look PDF CTVA 01/30/2020
Cyclical & Secular Headwinds Combine To Yield Un-CHRW Like Profit Volat... PDF CHRW 01/30/2020
DD: DuPont First Look PDF DD 01/30/2020
December '19 Texas Cement Shipments Up 27% YoY, Up 21% YoY on Same-Day Basi... PDF 01/30/2020
DuPont: 4Q19 Just the Outlook PDF DD 01/30/2020
EPAY 2Q 1st Look: Beat; Raised Rev/Lowered Profit Guides; Accel Subs Rev PDF EPAY 01/30/2020
Estimates Are Lower, But Higher Quality With 4Q Sale of Mortgage Ops PDF HBMD 01/30/2020
F3Q Miss and Guidedown; SSS Light, Weather Cited; We Struggle w/ Valuation;... PDF MNRO 01/30/2020
FICO 1Q 1st Look: Rev Beat/EPS Miss; Guide Reit; Bookings OK; B2B Accelerat... PDF FICO 01/30/2020
FICO 1Q Call: EPS Beat Ex Conf Cost; Auto Price On-going; Card Pricing To C... PDF FICO 01/30/2020
First Look at 4Q19 Results: Strong Close to 2019; 2020 Guidance Mixed PDF HTH 01/30/2020
First Look: 40% EPS Miss To Us/Consensus, Down 57% Y/Y; Expect To Continue PDF WRLD 01/30/2020
First Look: 4Q19 Results PDF FRME 01/30/2020
First Look: Guidance Maintained Makes 4Q A Non-Event; Waiting For New CEO PDF ADS 01/30/2020
First Look: Reports 4Q Sizable Loss, But Notes January Showing Signs Of Lif... PDF USAK 01/30/2020
First Look: Reports 4Q19 EPS Beat, Tonnage Turns Positive in January PDF ARCB 01/30/2020
First Look: Soft 4Q Results; FY20 Guide Below Consensus PDF KEX 01/30/2020
First Look: Truist 4Q19 Results PDF TFC 01/30/2020
First Look: TSCO Reports 4Q19 Miss; Looking For Traffic Clarity on Call PDF TSCO 01/30/2020
First Look: UPS Reports 4Q19 Results PDF UPS 01/30/2020
Forget China, Growth Slowed & Margins Compressed, CY20 Outlook More of ... PDF ALGN 01/30/2020
Generally Positive Fundamental Trends Again at Busey; Maintain EW PDF BUSE 01/30/2020
Good EPS Guidance; Confusion From New Accounting Likely Mutes Upside Near T... PDF ENVA 01/30/2020
Growth Story Marches On; Maintain Overweight Rating PDF TSC 01/30/2020
In Line '20 Guide Sets Stage For Upside Should Cycle Turn Materialize; Reit... PDF SNDR 01/30/2020
In-Line EPS; Sluggish Revenue; Updating EPS Forecasts; Lowering PT to $30 PDF CBTX 01/30/2020
IP 4Q19: Just the Outlook PDF IP 01/30/2020
Issues Guide You Can Drive A Barge Through...Focus Now Shifts To Marine Ups... PDF KEX 01/30/2020
Mid-Day Research Summary PDF 01/30/2020
Morning Research Summary PDF 01/30/2020
MUR First Look: 4Q19 EBITDAX Miss; 1Q20 Guide Below Street Expectations PDF MUR 01/30/2020
New Data Shows HH M&A Slowed Into PDGM, Hospice Activity Remained Robus... PDF 01/30/2020
NIM Dynamics Drive Core PPNR Beat; Optimistic For Improving Growth & M&... PDF FIBK 01/30/2020
Our Preliminary Review of 4Q19 Results / Conference Call Highlights PDF CFR 01/30/2020
PKG 4Q19: Just the Outlook PDF PKG 01/30/2020
PYPL 4Q Final: TPV Better/More Sustainable Than Looked; See Good Growth Dri... PDF PYPL 01/30/2020
Reaping What Is Sowed: Will The Harvest Of Recent Growth Drive Cash Or Loss... PDF WRLD 01/30/2020
Robust Revenue Trends To Cap Off 2019; Outlook Remains Positive PDF UMBF 01/30/2020
Solid 4Q19 Results; Maintaining EPS Forecasts PDF ABTX 01/30/2020
Stable Growth; NIM Inflection in Early ‘20; Higher Op Ex. Drives Lowe... PDF VBTX 01/30/2020
Strong F3Q20 Driven by Star Wars, Apex, and EA Sports PDF EA 01/30/2020
Tough Forward Look on Loan Growth PDF CACC 01/30/2020
Unique Business Model Well Positioned For Market Recovery; Reit. OW Rating PDF LSTR 01/30/2020
Updating Estimates Following 4Q Results PDF UBSI 01/30/2020
V 1Q 1st Look: PF EPS Meet; Slightly Mixed Rev Results; Implied Small Rev R... PDF V 01/30/2020
V 1Q Call: Should Close MA Growth Gap w/Time; Lower EPS Guide; QTD Stats OK... PDF V 01/30/2020
Waiting For New CEO To Bless The Guidance; 1Q Likely The Catalyst PDF ADS 01/30/2020
WRK F1Q20 First Look PDF WRK 01/30/2020
WRK F1Q20: Just the Outlook PDF WRK 01/30/2020
1st Look at 4Q19: Revenue/EPS Beat; Robust Loan Growth PDF TSC 01/29/2020
2019 Strategic Activities Bearing Fruit; Raising Estimates PDF HTLF 01/29/2020
45%+ Y/Y Point Of Sale Growth Opportunity W/O The Credit Risk: ECN Investor... PDF ECN-CA 01/29/2020
4Q19 Adj. EPS Beat; 2020 Guidance Relatively In Line; Remain EW on Valuatio... PDF CP 01/29/2020
4Q19 EPS Beats; 2020 OR Guide Ahead of Street as Productivity Ramps; Remain... PDF NSC 01/29/2020
4Q19 First Look: Robust B/S & Revenue Trends, But Expenses Mostly Offse... PDF UMBF 01/29/2020
4Q19 Initial: Delivering on Growth But MLR Scrutiny Will Also Be Front &... PDF ANTM 01/29/2020
4Q19 Wrap: Growth Trends Robust But Pricing Strategy Will Be N-T Area of De... PDF ANTM 01/29/2020
Afternoon Research Summary PDF 01/29/2020
ESTE Initial Look: Impressive Production Beat, Healthy 2020 Guide PDF ESTE 01/29/2020
FCF Back Into The Black For 2020 PDF RES 01/29/2020
First Look - 4Q19 Penny Beat on Prepayment Penalty Income and Growth PDF NYCB 01/29/2020
First Look - NIM Expansion and Fees Drive EPS Beat PDF ISBC 01/29/2020
First Look 4Q19 Results: Solid Production Beat PDF HES 01/29/2020
First Look at 4Q19 Adj. EPS Beat; 2020 EPS Guidance Relatively In Line PDF CP 01/29/2020
First Look at 4Q19 Results PDF RES 01/29/2020
First Look at 4Q19 Results: Core Trends Stabilize; Initiates Dividend PDF ABTX 01/29/2020
First Look at 4Q19 Results: Noisy Print but Core Trends Look Solid PDF PB 01/29/2020
First Look at 4Q19 Results: Revenue Falls Short; EPS Inline PDF CBTX 01/29/2020
First Look at 4Q19: Beat From Margins & Tax Rate; 2020 OR Guide Ahead o... PDF NSC 01/29/2020
First Look: 4Q Beats Lowered Bar, 2020 Outlook Better Than Expected PDF KNX 01/29/2020
First Look: ADM Reports 4Q19 PDF ADM 01/29/2020
First Look: CERS Announces Public Offering of Common Stock PDF CERS 01/29/2020
First Look: CHCO 4Q19 Results PDF CHCO 01/29/2020
First Look: Glad We Upgraded: $1 Bil. Accelerated Buyback Offsets Missed Gu... PDF SC 01/29/2020
First Look: In-Line 4Q Sales & Below Consensus Guidance Due to Coronavi... PDF ALGN 01/29/2020
First Look: Large Insurance Claim Drives 4Q Miss PDF LSTR 01/29/2020
First Look: Mixed View: Tough 2020 Guide But Okay 2021; Is Mexico Returning... PDF FCFS 01/29/2020
First Look: MUSA Reports 4Q19 PDF MUSA 01/29/2020
First Look: Reports Modest 4Q Miss, Guides 2020 In Line PDF SNDR 01/29/2020
First Look: UBSI 4Q19 Results, Penny Beat on Lower Taxes PDF UBSI 01/29/2020
Fundamentals Tough But Story Is Now Takeout Of Remaining $1.4 Bil. Float PDF SC 01/29/2020
Good Enough Guidance Raises Our 2020E EPS By 7%, Think Fairly Valued At 90%... PDF CIT 01/29/2020
GPK 4Q19: Just the Outlook PDF GPK 01/29/2020
How Will 2021 Play Out? All Eyes On 2H20 Trends For Mexico Pawn Demand PDF FCFS 01/29/2020
MA 4Q 1st Look: Rev/EPS Beat; Nice GDV Beat; X-Border Steady; Met '20 Guide... PDF MA 01/29/2020
MA 4Q Call: Virus Impact Limited But TBD; Contactless Ramp; QTD Trends Stea... PDF MA 01/29/2020
MA 4Q Final: Nice MA Quarter; Would Buy V Into Print On Similar Trends PDF MA 01/29/2020
Mid-Day Research Summary PDF 01/29/2020
Morning Research Summary PDF 01/29/2020
Near-Term Integration Risk Baked in Current Valuation; Upgrading to Overwei... PDF IBTX 01/29/2020
New Name, Same Game for Trump's Upcoming "Block Grant" Plan Release PDF 01/29/2020
Oil & Gas Pipeline Expert Call With Brandon Barnes | Tuesday, February ... PDF 01/29/2020
PKG 4Q19 First Look PDF PKG 01/29/2020
PYPL 4Q 1st Look: Beat Rev/EPS; TPV Miss; Raised '20 Rev/EPS Guide Ex Items... PDF PYPL 01/29/2020
PYPL 4Q Call: +24% TPV Ex M&A; Good '20 Visibility vs. '19; Venmo $450 ... PDF PYPL 01/29/2020
Reducing Estimates for Higher Expenses; Reiterate Overweight PDF WSBC 01/29/2020
Reiterate Overweight Rating; Increasing Estimates Following Solid 4Q Result... PDF CBNK 01/29/2020
ROA Rangebound as Growth Pursuit Changes Funding and NIM Outlook - Reducing... PDF NYCB 01/29/2020
Solid 4Q19 Results; Increasing Forecasts and Moving PT to $78; Maintain EW PDF PB 01/29/2020
Steady Results Throughout 2019; Maintain EW Rating PDF SYBT 01/29/2020
Stephens Inc. Real Estate Services Valuation Tables PDF 01/29/2020
Stephens Monthly Real Estate Update - January 2020 PDF 01/29/2020
Strategic & Financial Upside From MOE Beginning to Materialize PDF TCF 01/29/2020
Strong U.S. Comps, But Likely Overshadowed By China Uncertainty For Near Te... PDF SBUX 01/29/2020
Summarizing Recent Checks + Trends for Energy-Driven Industrial Distributio... PDF 01/29/2020
1st Look at 4Q19: EPS Miss Driven by Fees/Op Ex; Loan Growth Improves PDF VBTX 01/28/2020
4Q19 Adjusted EPS Beats Lower Bar; 2020 Guidance Below Street; Remain EW PDF CNI 01/28/2020
4Q19 EPS Wrap: Raising Ests & TP on Stronger Vols & Margin Ramp on ... PDF HCA 01/28/2020
4Q19 Initial: Revs & EBITDA Beat; 2020 View Solid; Dividend & Buyba... PDF HCA 01/28/2020
Afternoon Research Summary PDF 01/28/2020
Consistent Revenue Outlook for 2020; Updating Estimates, Reiterate EW PDF GBCI 01/28/2020
Decreasing Estimates Following 4Q19 Results PDF AMNB 01/28/2020
Final Reminder: Register for Stephens Conference Call Today With Altarum on... PDF 01/28/2020
First Look at 4Q19: Adj. EPS Beats Lowered Bar; 2020 Guidance Below Street PDF CNI 01/28/2020
First Look: 4Q19 Results PDF TCF 01/28/2020
First Look: 4Q19 Results PDF GWB 01/28/2020
First Look: HES Provides '20 Update - Capex In Line, Volumes Slightly Lower... PDF HES 01/28/2020
First Look: Mixed Guidance Means Shares OK Today: NIM Good, Expenses Bad PDF CIT 01/28/2020
First Look: Reports Large 4Q Miss; January Net Revenue Per Day Down 18% PDF CHRW 01/28/2020
GPK 4Q19 First Look PDF GPK 01/28/2020
Mid-Day Research Summary PDF 01/28/2020
Morning Research Summary PDF 01/28/2020
OCFC 4Q19 First Look: Elevated Expenses and Lower Margin Drive EPS Miss PDF OCFC 01/28/2020
Resuming Coverage of ACHC at Equal-Weight and $36 Target Price PDF ACHC 01/28/2020
SaaS and Enterprise Software Coverage Update PDF 01/28/2020
Single Ag NPL Overshadows Otherwise Strong Finish to 2019; Remain EW PDF BANR 01/28/2020
Spike Up in Substandard Loans Overshadows Stable Quarterly Results, Maintai... PDF GWB 01/28/2020
Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66

For Retail Investors: Form CRS

(800) 643-9691 | Member NYSE, SIPC

© 2020 Stephens Inc. All rights reserved.