Raymond James Financial (RJF)
NYSE:RJF
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RJF Stock Chart & Stats
$151.75
-$0.58(-0.36%)
At close: 4:00 PM EST
$151.75
-$0.58(-0.36%)
Day’s Range― - ―
52-Week Range$138.82 - $177.66
Previous CloseN/A
Volume175.97K
Average Volume (3M)1.43M
Market Cap
$30.53B
Enterprise Value$25.09B
Total Cash (Recent Filing)$19.45B
Total Debt (Recent Filing)$5.36B
Price to Earnings (P/E)14.5
Beta1.07
Next Earnings
Jul 22, 2026EPS Estimate
2.9Next Dividend Ex-DateN/A
Dividend Yield1.26%
Share Statistics
EPS (TTM)10.79
Shares Outstanding194,883,040
10 Day Avg. Volume1,431,595
30 Day Avg. Volume1,426,859
Financial Highlights & Ratios
PEG Ratio2.76
Price to Book (P/B)2.79
Price to Sales (P/S)2.19
P/FCF Ratio15.52
Enterprise Value/Market Cap0.82
Enterprise Value/Revenue1.53
Enterprise Value/Gross Profit1.72
Enterprise Value/Ebitda8.48
Forecast
1Y Price Target
$168.89Price Target Upside11.29% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)11.88
Revenue Forecast (FY)$15.58B
Bulls Say, Bears Say
Bulls Say
Revenue And Profitability MomentumConsistent record quarterly revenues and rising pretax margins indicate durable demand across wealth, lending and markets. Strong multi-year top-line expansion supports investment in technology and adviser recruiting, underpinning sustained fee and transaction revenue streams over the next 2–6 months.
Scale In Fee-based Assets And Client AUAA large and growing base of fee-based assets creates predictable, recurring revenue and reduces reliance on transactional flows. Continued adviser recruiting and steady net new assets expand AUA, supporting stable advisory fees and margin resilience through market cycles over the medium term.
Strong Capital Position And Shareholder ReturnsHealthy capital ratios, sizable corporate cash and recurring buybacks/dividends demonstrate financial flexibility. Excess capital capacity supports continued share repurchases, targeted acquisitions and client-facing investments while maintaining regulatory cushion and long-term capital return policy.
Bears Say
Interest-rate Sensitivity To Net Interest IncomeNII and sweep-program yields are directly tied to short-term rates; recent quarter-over-quarter declines show sensitivity to Fed cuts. Prolonged lower-rate environment would structurally depress interest-related revenues and bank margin contribution, weighing on total firm profitability over coming months.
Rising Compensation And Expense PressureHigher payouts from recruiting and a mix shift to higher‑payout independent advisers compress operating leverage. Combined with growing non-comp spending for tech and infrastructure, elevated expense ratios could limit margin expansion and make operating profitability more cyclical.
Cash-flow Volatility And Some Balance-sheet Data InconsistencyVariable operating and free cash flow across years increases uncertainty around sustainable internal funding for capital deployment. TTM balance-sheet data inconsistencies reduce confidence in near-term trend assessment and could complicate planning for buybacks, acquisitions and liquidity buffering.
Raymond James Financial News
RJF FAQ
What was Raymond James Financial’s price range in the past 12 months?
Raymond James Financial lowest stock price was $138.82 and its highest was $177.66 in the past 12 months.
What is Raymond James Financial’s market cap?
Raymond James Financial’s market cap is $30.53B.
When is Raymond James Financial’s upcoming earnings report date?
Raymond James Financial’s upcoming earnings report date is Jul 22, 2026 which is in 29 days.
How were Raymond James Financial’s earnings last quarter?
Raymond James Financial released its earnings results on Apr 22, 2026. The company reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.757 by $0.073.
Is Raymond James Financial overvalued?
According to Wall Street analysts Raymond James Financial’s price is currently Undervalued.
Does Raymond James Financial pay dividends?
Raymond James Financial pays a Quarterly dividend of $0.54 which represents an annual dividend yield of 1.26%. See more information on Raymond James Financial dividends here
What is Raymond James Financial’s EPS estimate?
Raymond James Financial’s EPS estimate is 2.9.
How many shares outstanding does Raymond James Financial have?
Raymond James Financial has 194,883,040 shares outstanding.
What happened to Raymond James Financial’s price movement after its last earnings report?
Raymond James Financial reported an EPS of $2.83 in its last earnings report, beating expectations of $2.757. Following the earnings report the stock price went down -0.718%.
Which hedge fund is a major shareholder of Raymond James Financial?
Currently, no hedge funds are holding shares in RJF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Raymond James Financial Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$168.89 (11.29% Upside)
$168.89 (11.29% Upside)
Blogger Sentiment
Bullish
RJF Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 89.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.57%
12-Months-Change
Fundamentals
Return on Equity
17.21%
Trailing 12-Months
Asset Growth
10.60%
Trailing 12-Months
Company Description
Raymond James Financial
Raymond James Financial, Inc. operates as a comprehensive financial services firm, extending a wide array of services to individuals, businesses, and governmental entities throughout the United States, Canada, and Europe. Its diverse operations are categorized into several key segments: Private Client Group, Capital Markets, Asset Management, Banking, and an "Other" category. The Private Client Group division equips clients with various investment solutions, personalized portfolio management, a selection of insurance and annuity products, and mutual funds. This segment also provides essential backing to third-party product partners, covering aspects like sales and marketing support, distribution, accounting, and general administrative assistance. Additionally, it facilitates margin loans and offers securities borrowing and lending services. Within the Capital Markets segment, the company engages in investment banking activities, which include orchestrating equity and debt offerings, along with offering expert advisory services for mergers and acquisitions. It further provides robust brokerage services for both fixed income and equity securities. The Asset Management segment specializes in delivering sophisticated asset and portfolio management services, complemented by administrative support functions such as detailed record-keeping, for both individual (retail) and institutional clients. Raymond James Bank maintains a portfolio of insured deposit accounts and a diverse range of lending products. These include commercial and industrial loans, financing for commercial real estate (CRE) and CRE construction, tax-exempt loans, residential mortgages, and securities-based loans. The bank also plays a role in loan syndication. Finally, the Other segment encompasses the firm's private equity activities, comprising direct investments and those made through third-party private equity funds, as well as the management of legacy private equity portfolios. Established in 1962, the company's corporate headquarters are situated in St. Petersburg, Florida.
RJF Company Deck
RJF Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive picture: record quarterly revenues, strong pretax income, robust adviser recruiting and retention, sizable fee-based and loan growth, meaningful capital returns, and continued heavy investment in technology and AI. These strengths offset near-term headwinds from lower interest-related revenues, elevated compensation and non-compensation expenses, modest declines in sweep cash balances, and some uncertainty around timing of investment banking deal conversions. Overall the positive operational momentum, balance sheet strength and capital returns outweigh the challenges.View all RJF earnings summariesRJF Net revenue Breakdown
72.39% Private Client Group
12.58% Capital Markets
8.45% Asset Management
12.63% Bank
-6.05% Other and intersegment eliminations
RJF Stock 12 Month Forecast
Average Price Target
$168.89
▲(11.29% Upside)
Technical Analysis
Ownership Overview
0.54% Insiders
31.87% Mutual Funds
16.79% Other Institutional Investors
26.15% Public Companies and
Individual Investors