Should I buy or sell Raymond James stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raymond James in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RJF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RJF, but not buy additional shares or sell existing shares. View RJF analyst ratings or view top-rated stocks .

What is Raymond James' stock price target for 2024?

9 Wall Street analysts have issued 1-year price objectives for Raymond James' shares. Their RJF share price targets range from $115.00 to $135.00. On average, they expect the company's share price to reach $123.88 in the next year. This suggests a possible upside of 2.1% from the stock's current price. View analysts price targets for RJF or view top-rated stocks among Wall Street analysts .

How have RJF shares performed in 2024?

Raymond James' stock was trading at $111.50 at the start of the year. Since then, RJF stock has increased by 8.9% and is now trading at $121.38. View the best growth stocks for 2024 here .

When is Raymond James' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our RJF earnings forecast .

How were Raymond James' earnings last quarter?

Raymond James (NYSE:RJF) released its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $2.40 EPS for the quarter, beating analysts' consensus estimates of $2.25 by $0.15. The financial services provider had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.01 billion. Raymond James had a trailing twelve-month return on equity of 17.95% and a net margin of 12.81%. Raymond James's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $2.29 earnings per share. Read the conference call transcript .

How often does Raymond James pay dividends? What is the dividend yield for Raymond James?

Raymond James declared a quarterly dividend on Friday, February 23rd. Stockholders of record on Monday, April 1st will be given a dividend of $0.45 per share on Monday, April 15th. This represents a $1.80 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, March 28th. Read our dividend analysis for RJF .

Is Raymond James a good dividend stock?

Raymond James (NYSE:RJF) pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RJF will have a dividend payout ratio of 17.84% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RJF .

What ETFs hold Raymond James' stock?

ETFs with the largest weight of Raymond James (NYSE:RJF) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) , BTD Capital Fund (DIP) , BlackRock Large Cap Value ETF (BLCV) , Thrivent Small-Mid Cap ESG ETF (TSME) , SPDR S&P Capital Markets ETF (KCE) , Invesco S&P 500 Equal Weight Financials ETF (RSPF) , IQ Engender Equality ETF (EQUL) and Amplify AI Powered Equity ETF (AIEQ) .

When did Raymond James' stock split?

Raymond James shares split before market open on Tuesday, September 21st 2021. The 3-2 split was announced on Wednesday, August 25th 2021. The newly created shares were distributed to shareholders after the closing bell on Monday, September 20th 2021. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is Paul C. Reilly's approval rating as Raymond James' CEO?

422 employees have rated Raymond James Chief Executive Officer Paul C. Reilly on Glassdoor.com . Paul C. Reilly has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Raymond James own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Raymond James investors own include Energy Transfer (ET) , AT&T (T) , JPMorgan Chase & Co. (JPM) , Ford Motor (F) , Bank of America (BAC) , Cisco Systems (CSCO) , Johnson & Johnson (JNJ) , Costco Wholesale (COST) , Home Depot (HD) and Target (TGT) .

Who are Raymond James' major shareholders?

Raymond James' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.44%), New England Professional Planning Group Inc. (0.02%), Czech National Bank (0.02%), Cardinal Capital Management (0.01%), Cullen Investment Group LTD. (0.01%) and Central Bank & Trust Co. (0.01%). Insiders that own company stock include Art A Garcia, Bella Loykhter Allaire , George Catanese , Horace Carter , James E Bunn , Jeffrey A Dowdle , Jodi Perry , Jonathan N Santelli , Paul C Reilly , Steven M Raney and Steven M Raney . View institutional ownership trends .

How do I buy shares of Raymond James?

Shares of RJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Raymond James have any subsidiaries?

The following companies are subsidiares of Raymond James: 740780 Carillon LLC, 800 Carillon LLC, Carillon Fund Distributors Inc., Carillon Fund Services Inc., Carillon Tower Advisers Inc., Cebile Capital, Charles Stanley, ClariVest Asset Management LLC, Cougar Global ETF Portfolio Management Inc., Cougar Global Investments Limited, EB Management I LLC, Eagle Asset Management Inc., Gateway Institutional Tax Credit Fund II Ltd, MK Holding Inc., MK Investment Management Inc., Morgan Keegan & Associates LLC, Morgan Keegan & Company LLC, Morgan Keegan Private Equity Employee Fund of Funds II LP, Morgan Keegan Private Equity Fund of Funds II Blocker LLC, Morgan Keegan Private Equity Fund of Funds II Holdings LP, Morgan Keegan Private Equity Fund of Funds II LP, Morgan Keegan Private Equity QP Fund of Funds II LP, Morgan Keegan Ventures, Morgan Properties LLC, Native American Housing Fund III L.L.C., Native American Housing Fund IV L.L.C., Native American Housing Fund V L.L.C., Northwest Plan Services, Oak Trust Co, RJ Capital Services Inc., RJ Economic Development Fund Inc., RJ Securities Inc., RJA Structured Finance Inc., RJC Forensics LLC, RJOZF 2 L.L.C., RJTCF Disposition Corporation, RJTCF Disposition Fund LLC, Raymond James & Associates Inc., Raymond James (USA) Ltd., Raymond James Affordable Housing Fund 1 LP, Raymond James Affordable Housing Fund 10 LLC, Raymond James Affordable Housing Fund 2 LP, Raymond James Affordable Housing Fund 3 LP, Raymond James Affordable Housing Fund 4 LLC, Raymond James Affordable Housing Fund 5 LLC, Raymond James Affordable Housing Fund 6 LLC, Raymond James Affordable Housing Fund 7 LLC, Raymond James Affordable Housing Fund 8 LLC, Raymond James Affordable Housing Fund 9 LLC, Raymond James Asset Management International S.A., Raymond James Bank National Association, Raymond James California Housing Opportunities Fund IX L.L.C., Raymond James Canada LLC, Raymond James Canadian Acquisition Inc., Raymond James Canadian Holdings LLC, Raymond James Capital Funding Inc., Raymond James Capital Inc., Raymond James Capital Services LLC, Raymond James Community Reinvestment Fund 1 LLC, Raymond James Corporate Finance GmbH, Raymond James Development Tax Credit Fund LLC, Raymond James Euro Equities SAS, Raymond James European Holdings Inc., Raymond James European Securities S.A.S., Raymond James Finance Company of Canada Ltd., Raymond James Financial International Limited, Raymond James Financial Management Ltd., Raymond James Financial Planning Ltd., Raymond James Financial Products Inc., Raymond James Financial Services Advisors Inc., Raymond James Financial Services Inc., Raymond James Global Holdings Limited, Raymond James Insurance Group Inc., Raymond James International Canada Inc., Raymond James International Holdings Inc., Raymond James Investment Counsel Ltd., Raymond James Investment Services Limited, Raymond James Investments LLC, Raymond James Ltd., Raymond James Management LLC, Raymond James Management-Forensics LLC, Raymond James Mortgage Company Inc., Raymond James Multifamily Finance Inc., Raymond James Municipal Products Inc., Raymond James Preservation Opportunities Fund III L.L.C., Raymond James Preservation Opportunities Fund XX L.L.C., Raymond James Research Services LLC, Raymond James South American Holdings Inc., Raymond James Structured Products Inc., Raymond James Tax Credit Fund 34 L.L.C., Raymond James Tax Credit Fund XI L.L.C., Raymond James Tax Credit Fund XX L.L.C., Raymond James Tax Credit Fund XXIII L.L.C., Raymond James Tax Credit Funds Inc., Raymond James Trust (Canada), Raymond James Trust (Quebec) Ltd., Raymond James Trust National Association, Raymond James Yatirim Menkul Kiymetler A.S., SLA Acquisition Co., SLG Partners GP LLC, SLG Partners LP, SLG Partners LP II, Scout Investments Inc., Silver Lane Advisors, Silver Lane Advisors LLC, SumRidge Partners, The Producers Choice LLC, TriState Capital, Value Partners Inc., and Wiregrass Raymond James LLC. Read More

NYSE:RJF

Raymond James (RJF) Stock Price, News & Analysis

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$122.28

-0.24 (-0.20%)

(As of 12:09 PM ET)

Compare

Today's Range: $121.07
▼
$123.02
50-Day Range: $111.04
▼
$129.99
52-Week Range: $82.00
▼
$131.19

Volume: 194,510 shs
Average Volume: 1.02 million shs
Market Capitalization: $25.56 billion

P/E Ratio: 15.32
Dividend Yield: 1.47%
Price Target: $123.88

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Raymond James MarketRank™ Stock Analysis

Analyst Rating: Hold
2.22 Rating Score
Upside/Downside: 2.1% Upside
$123.88 Price Target
Short Interest: Bearish
2.04% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.20
Upright™ Environmental Score
News Sentiment: 0.82
Based on 12 Articles This Week
Insider Trading: Selling Shares
$211,622 Sold Last Quarter
Proj. Earnings Growth: 7.80%
From $9.36 to $10.09 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Finance Sector

77th out of 873 stocks

Security Brokers & Dealers Industry

3rd out of 27 stocks

2.1

Analyst's Opinion

Consensus Rating
Raymond James has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Raymond James has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
2.04% of the outstanding shares of Raymond James have been sold short.
Short Interest Ratio / Days to Cover
Raymond James has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Raymond James has recently increased by 10.36%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Raymond James pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Raymond James has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Raymond James is 22.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Raymond James will have a dividend payout ratio of 17.84% next year. This indicates that Raymond James will be able to sustain or increase its dividend.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Raymond James has received a 43.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pre-retirement counseling", "Pension funding services", and "Life annuities" products. See details.
Environmental Sustainability
The Environmental Impact score for Raymond James is -0.20.

3.8

News and Social Media Coverage

News Sentiment
Raymond James has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Raymond James this week, compared to 8 articles on an average week.
Search Interest
2 people have searched for RJF on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
11 people have added Raymond James to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Raymond James insiders have sold 114.38% more of their company's stock than they have bought. Specifically, they have bought $98,712.00 in company stock and sold $211,622.00 in company stock.
Percentage Held by Insiders
Only 9.74% of the stock of Raymond James is held by insiders.
Percentage Held by Institutions
83.83% of the stock of Raymond James is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Raymond James are expected to grow by 7.80% in the coming year, from $9.36 to $10.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Raymond James is 15.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Raymond James is 15.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.
Price to Earnings Growth Ratio
Raymond James has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Raymond James has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Raymond James Stock (NYSE:RJF)

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments. The Private Client Group segment provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance products to their individual clients; and borrowing and lending of securities to and from other broker-dealers, financial institutions, and other counterparties. The Capital Markets segment offers securities brokerage, trading, and research services to institutions with a focus on sale of the United States and Canadian equities and fixed income products; and manages and participates in underwritings, merger and acquisition services, and public finance activities. The Asset Management segment engages in the operations of Eagle, the Eagle Family of Funds, Cougar, the asset management operations of Raymond James & Associates, trust services of Raymond James Trust, and other fee-based asset management programs. The RJ Bank segment provides corporate loans, SBL, tax-exempt loans, and residential loans. The Other segment engages in private equity activities, including various direct and third party private equity investments; and private equity funds. Raymond James Financial, Inc. was founded in 1962 and is based in St. Petersburg, Florida.

RJF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RJF Stock News Headlines

April 1, 2024 | marketbeat.com

3 Companies Buying Back Stock Before New Highs

Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.

April 1, 2024 | marketbeat.com

3 Companies Buying Back Stock Before New Highs (RJF)

Three stocks that seemed cheap enough for insiders to buy are also calling Wall Street analysts attention for potentially higher prices in the coming months

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 13, 2024 | americanbankingnews.com

Citigroup Increases Raymond James (NYSE:RJF) Price Target to $132.00

April 12, 2024 | msn.com

GitLab gains as Raymond James upgrades to Outperform

April 10, 2024 | finance.yahoo.com

Those who invested in Raymond James Financial (NYSE:RJF) five years ago are up 135%

April 10, 2024 | americanbankingnews.com

Raymond James (NYSE:RJF) Price Target Increased to $123.00 by Analysts at Morgan Stanley

April 10, 2024 | americanbankingnews.com

Raymond James (NYSE:RJF) Receives "Market Perform" Rating from JMP Securities

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 9, 2024 | americanbankingnews.com

Raymond James (NYSE:RJF) Given Average Recommendation of "Hold" by Brokerages

April 8, 2024 | americanbankingnews.com

Raymond James Forecasted to Earn Q2 2024 Earnings of $2.18 Per Share (NYSE:RJF)

April 6, 2024 | americanbankingnews.com

Raymond James to Post Q2 2025 Earnings of $2.28 Per Share, Seaport Res Ptn Forecasts (NYSE:RJF)

April 3, 2024 | bloomberg.com

Rothschild Dealmaker Steven Berger Leaves for Raymond James

April 3, 2024 | benzinga.com

Big Banks To Report Q1 Earnings: Analyst Prefers Bank Of America, 'Citi Likely To Lag'

March 27, 2024 | finance.yahoo.com

UPDATE 1-MOVES-Raymond James Canada hires former Cormark CEO to co-head investment banking

March 27, 2024 | finance.yahoo.com

MOVES-Raymond James Canada hires former Cormark CEO to co-head investment banking

March 27, 2024 | ca.finance.yahoo.com

Raymond James Canada hires former Cormark CEO to co-head investment banking

March 22, 2024 | markets.businessinsider.com

Evaluating Raymond James Finl: Insights From 8 Financial Analysts

March 21, 2024 | msn.com

Raymond James Financial client AUA rise 3% M/M in February

March 20, 2024 | msn.com

Leadership Shuffle at Raymond James Financial

March 19, 2024 | bizjournals.com

Florida bank names new CEO, president

March 19, 2024 | msn.com

Raymond James Financial Shuffles Leadership

March 19, 2024 | bizjournals.com

Raymond James to name new CEO, shake up key management in rare C-suite shuffle

March 19, 2024 | finance.yahoo.com

Raymond James CEO to Step Down, CFO Named as Successor

March 19, 2024 | finance.yahoo.com

Raymond James Financial Shuffles Leadership

March 19, 2024 | wsj.com

Raymond James FinancialShuffles Leadership

March 19, 2024 | globenewswire.com

Raymond James Financial Names Paul Shoukry President and CEO Successor, Announces Additional Key Leadership Changes

See More Headlines

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Company Calendar

Last Earnings: 1/23/2024
Ex-Dividend for 4/15 Dividend: 3/28/2024
Dividend Payable: 4/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Security brokers & dealers
Sub-Industry: Investment Banking & Brokerage
Current Symbol: NYSE:RJF
CUSIP: 75473010
CIK: 720005
Web: www.raymondjames.com
Phone: 727-567-1000
Fax: 727-573-8247
Employees: 18,000
Year Founded: 1962

Price Target and Rating

Average Stock Price Target: $123.88
High Stock Price Target: $135.00
Low Stock Price Target: $115.00
Potential Upside/Downside: +1.1%
Consensus Rating: Hold
Rating Score (0-4): 2.22
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.98
Trailing P/E Ratio: 15.35
Forward P/E Ratio: 13.09
P/E Growth: 0.86
Net Income: $1.74 billion
Net Margins: 12.81%
Pretax Margin: 16.75%
Return on Equity: 17.95%
Return on Assets: 2.31%

Debt

Debt-to-Equity Ratio: 0.37
Current Ratio: 0.99
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $12.99 billion
Price / Sales: 1.97
Cash Flow: $9.20 per share
Price / Cash Flow: 13.32
Book Value: $48.40 per share
Price / Book: 2.53

Miscellaneous

Outstanding Shares: 209,030,000
Free Float: 188,669,000
Market Cap: $25.61 billion
Optionable: Optionable
Beta: 1.05

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Key Executives

Mr. Paul Christopher Reilly (Age 63)
Chairman & CEO
Mr. John Congleton Carson Jr. (Age 61)
Pres
Mr. Thomas Alan James Esq. (Age 75)
J.D., Chairman Emeritus
Mr. Jeffrey Paul Julien (Age 62)
EVP of Fin. & CFO
Mr. Dennis William Zank (Age 64)
Chief Operating Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Raymond James Stock? RJF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Raymond James:

Raymond James recently hit a new 52-week high, indicating positive momentum in the stock.
Analysts have upgraded Raymond James, with price targets being raised, suggesting confidence in the company's performance.
Raymond James operates in various segments including Private Client Group, Capital Markets, Asset Management, and RJ Bank, providing diversified revenue streams.
The company engages in underwriting, distribution, trading, and brokerage of securities, offering a wide range of financial services.
Raymond James has a consensus rating of "Hold" with a target price of $120.50, indicating stability and potential growth.

Cons

Investors should be bearish about investing in Raymond James for these reasons:

Some analysts have maintained a "neutral" rating on Raymond James, suggesting uncertainty in the stock's performance.
There has been insider selling activity at Raymond James, which could raise concerns among investors about the company's future prospects.
Despite recent upgrades, there are still hold ratings on the stock, indicating mixed opinions among analysts.
Market conditions can impact the financial services sector, potentially affecting Raymond James' performance.
Investors should carefully consider the company's exposure to market risks and economic fluctuations before investing.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Raymond James pros and cons to contact@marketbeat.com.

RJF Stock Analysis - Frequently Asked Questions

Should I buy or sell Raymond James stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raymond James in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RJF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RJF, but not buy additional shares or sell existing shares.
View RJF analyst ratings or view top-rated stocks.
What is Raymond James' stock price target for 2024?: 9 Wall Street analysts have issued 1-year price objectives for Raymond James' shares. Their RJF share price targets range from $115.00 to $135.00. On average, they expect the company's share price to reach $123.88 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for RJF or view top-rated stocks among Wall Street analysts.
How have RJF shares performed in 2024?: Raymond James' stock was trading at $111.50 at the start of the year. Since then, RJF stock has increased by 8.9% and is now trading at $121.38.
View the best growth stocks for 2024 here.
When is Raymond James' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our RJF earnings forecast.
How were Raymond James' earnings last quarter?: Raymond James (NYSE:RJF) released its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $2.40 EPS for the quarter, beating analysts' consensus estimates of $2.25 by $0.15. The financial services provider had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.01 billion. Raymond James had a trailing twelve-month return on equity of 17.95% and a net margin of 12.81%. Raymond James's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $2.29 earnings per share.
Read the conference call transcript.
How often does Raymond James pay dividends? What is the dividend yield for Raymond James?: Raymond James declared a quarterly dividend on Friday, February 23rd. Stockholders of record on Monday, April 1st will be given a dividend of $0.45 per share on Monday, April 15th. This represents a $1.80 annualized dividend and a yield of 1.48%. The ex-dividend date is Thursday, March 28th.
Read our dividend analysis for RJF.
Is Raymond James a good dividend stock?: Raymond James (NYSE:RJF) pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RJF will have a dividend payout ratio of 17.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RJF.
What ETFs hold Raymond James' stock?: ETFs with the largest weight of Raymond James (NYSE:RJF) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), BTD Capital Fund (DIP), BlackRock Large Cap Value ETF (BLCV), Thrivent Small-Mid Cap ESG ETF (TSME), SPDR S&P Capital Markets ETF (KCE), Invesco S&P 500 Equal Weight Financials ETF (RSPF), IQ Engender Equality ETF (EQUL) and Amplify AI Powered Equity ETF (AIEQ).

When did Raymond James' stock split?: Raymond James shares split before market open on Tuesday, September 21st 2021. The 3-2 split was announced on Wednesday, August 25th 2021. The newly created shares were distributed to shareholders after the closing bell on Monday, September 20th 2021. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.
What is Paul C. Reilly's approval rating as Raymond James' CEO?: 422 employees have rated Raymond James Chief Executive Officer Paul C. Reilly on Glassdoor.com. Paul C. Reilly has an approval rating of 87% among the company's employees.
What other stocks do shareholders of Raymond James own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Raymond James investors own include Energy Transfer (ET), AT&T (T), JPMorgan Chase & Co. (JPM), Ford Motor (F), Bank of America (BAC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Costco Wholesale (COST), Home Depot (HD) and Target (TGT).
Who are Raymond James' major shareholders?: Raymond James' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.44%), New England Professional Planning Group Inc. (0.02%), Czech National Bank (0.02%), Cardinal Capital Management (0.01%), Cullen Investment Group LTD. (0.01%) and Central Bank & Trust Co. (0.01%). Insiders that own company stock include Art A Garcia, Bella Loykhter Allaire, George Catanese, Horace Carter, James E Bunn, Jeffrey A Dowdle, Jodi Perry, Jonathan N Santelli, Paul C Reilly, Steven M Raney and Steven M Raney.
View institutional ownership trends.
How do I buy shares of Raymond James?: Shares of RJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Raymond James have any subsidiaries?: The following companies are subsidiares of Raymond James: 740780 Carillon LLC, 800 Carillon LLC, Carillon Fund Distributors Inc., Carillon Fund Services Inc., Carillon Tower Advisers Inc., Cebile Capital, Charles Stanley, ClariVest Asset Management LLC, Cougar Global ETF Portfolio Management Inc., Cougar Global Investments Limited, EB Management I LLC, Eagle Asset Management Inc., Gateway Institutional Tax Credit Fund II Ltd, MK Holding Inc., MK Investment Management Inc., Morgan Keegan & Associates LLC, Morgan Keegan & Company LLC, Morgan Keegan Private Equity Employee Fund of Funds II LP, Morgan Keegan Private Equity Fund of Funds II Blocker LLC, Morgan Keegan Private Equity Fund of Funds II Holdings LP, Morgan Keegan Private Equity Fund of Funds II LP, Morgan Keegan Private Equity QP Fund of Funds II LP, Morgan Keegan Ventures, Morgan Properties LLC, Native American Housing Fund III L.L.C., Native American Housing Fund IV L.L.C., Native American Housing Fund V L.L.C., Northwest Plan Services, Oak Trust Co, RJ Capital Services Inc., RJ Economic Development Fund Inc., RJ Securities Inc., RJA Structured Finance Inc., RJC Forensics LLC, RJOZF 2 L.L.C., RJTCF Disposition Corporation, RJTCF Disposition Fund LLC, Raymond James & Associates Inc., Raymond James (USA) Ltd., Raymond James Affordable Housing Fund 1 LP, Raymond James Affordable Housing Fund 10 LLC, Raymond James Affordable Housing Fund 2 LP, Raymond James Affordable Housing Fund 3 LP, Raymond James Affordable Housing Fund 4 LLC, Raymond James Affordable Housing Fund 5 LLC, Raymond James Affordable Housing Fund 6 LLC, Raymond James Affordable Housing Fund 7 LLC, Raymond James Affordable Housing Fund 8 LLC, Raymond James Affordable Housing Fund 9 LLC, Raymond James Asset Management International S.A., Raymond James Bank National Association, Raymond James California Housing Opportunities Fund IX L.L.C., Raymond James Canada LLC, Raymond James Canadian Acquisition Inc., Raymond James Canadian Holdings LLC, Raymond James Capital Funding Inc., Raymond James Capital Inc., Raymond James Capital Services LLC, Raymond James Community Reinvestment Fund 1 LLC, Raymond James Corporate Finance GmbH, Raymond James Development Tax Credit Fund LLC, Raymond James Euro Equities SAS, Raymond James European Holdings Inc., Raymond James European Securities S.A.S., Raymond James Finance Company of Canada Ltd., Raymond James Financial International Limited, Raymond James Financial Management Ltd., Raymond James Financial Planning Ltd., Raymond James Financial Products Inc., Raymond James Financial Services Advisors Inc., Raymond James Financial Services Inc., Raymond James Global Holdings Limited, Raymond James Insurance Group Inc., Raymond James International Canada Inc., Raymond James International Holdings Inc., Raymond James Investment Counsel Ltd., Raymond James Investment Services Limited, Raymond James Investments LLC, Raymond James Ltd., Raymond James Management LLC, Raymond James Management-Forensics LLC, Raymond James Mortgage Company Inc., Raymond James Multifamily Finance Inc., Raymond James Municipal Products Inc., Raymond James Preservation Opportunities Fund III L.L.C., Raymond James Preservation Opportunities Fund XX L.L.C., Raymond James Research Services LLC, Raymond James South American Holdings Inc., Raymond James Structured Products Inc., Raymond James Tax Credit Fund 34 L.L.C., Raymond James Tax Credit Fund XI L.L.C., Raymond James Tax Credit Fund XX L.L.C., Raymond James Tax Credit Fund XXIII L.L.C., Raymond James Tax Credit Funds Inc., Raymond James Trust (Canada), Raymond James Trust (Quebec) Ltd., Raymond James Trust National Association, Raymond James Yatirim Menkul Kiymetler A.S., SLA Acquisition Co., SLG Partners GP LLC, SLG Partners LP, SLG Partners LP II, Scout Investments Inc., Silver Lane Advisors, Silver Lane Advisors LLC, SumRidge Partners, The Producers Choice LLC, TriState Capital, Value Partners Inc., and Wiregrass Raymond James LLC.
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This page (NYSE:RJF) was last updated on 4/16/2024 by MarketBeat.com Staff

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Raymond James (RJF) Stock Price, News & Analysis

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