Raymond James Financial, Inc. (NYSE:RJF – Free Report) – Stock analysts at Zacks Research dropped their FY2025 EPS estimates for Raymond James Financial in a note issued to investors on Wednesday, August 13th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $9.96 for the year, down from their previous estimate of $10.23. The consensus estimate for Raymond James Financial’s current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James Financial’s Q4 2025 earnings at $2.43 EPS, Q2 2026 earnings at $2.71 EPS, Q3 2026 earnings at $2.70 EPS, FY2026 earnings at $10.97 EPS, Q2 2027 earnings at $3.14 EPS and FY2027 earnings at $12.91 EPS.
Several other analysts have also issued reports on the stock. JMP Securities lifted their target price on shares of Raymond James Financial from $175.00 to $180.00 and gave the company a “market outperform” rating in a research report on Monday, July 14th. Wells Fargo & Company lifted their target price on shares of Raymond James Financial from $155.00 to $163.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Cowen reiterated a “hold” rating on shares of Raymond James Financial in a research report on Thursday, April 24th. JPMorgan Chase & Co. raised their price target on shares of Raymond James Financial from $151.00 to $172.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Finally, Citigroup reissued an “outperform” rating on shares of Raymond James Financial in a research note on Monday, July 14th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $163.80.
Raymond James Financial Stock Down 0.8%
Shares of NYSE RJF opened at $163.30 on Friday. The company’s 50-day simple moving average is $158.22 and its 200-day simple moving average is $150.08. Raymond James Financial has a 52-week low of $113.91 and a 52-week high of $174.32. The firm has a market cap of $32.56 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 1.34 and a beta of 1.05. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.33.
Raymond James Financial (NYSE:RJF – Get Free Report) last announced its earnings results on Wednesday, July 23rd. The financial services provider reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.36 by ($0.18). Raymond James Financial had a net margin of 13.56% and a return on equity of 18.38%. The company had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the business earned $2.39 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year.
Hedge Funds Weigh In On Raymond James Financial
A number of institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Raymond James Financial in the 1st quarter valued at approximately $25,000. Alpine Bank Wealth Management purchased a new stake in shares of Raymond James Financial in the 1st quarter valued at approximately $27,000. Golden State Wealth Management LLC raised its stake in shares of Raymond James Financial by 164.0% in the 1st quarter. Golden State Wealth Management LLC now owns 198 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 123 shares during the period. Olde Wealth Management LLC purchased a new stake in shares of Raymond James Financial in the 1st quarter valued at approximately $33,000. Finally, Princeton Global Asset Management LLC raised its stake in shares of Raymond James Financial by 69.0% in the 2nd quarter. Princeton Global Asset Management LLC now owns 245 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 100 shares during the period. 83.83% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Raymond James Financial news, insider Bella Loykhter Allaire sold 6,570 shares of Raymond James Financial stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $146.61, for a total transaction of $963,227.70. Following the transaction, the insider directly owned 74,586 shares of the company’s stock, valued at $10,935,053.46. The trade was a 8.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is owned by company insiders.
Raymond James Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. Raymond James Financial’s payout ratio is 19.61%.
Raymond James Financial Company Profile
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.
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