Raymond James Financial (RJF) AI Stock Analysis

• Market Cap: $31.85B
• Dividend Yield: 1.26%
• Average Volume (3M): 1.13M
• Price to Earnings (P/E): 15.7
• Beta (1Y): 1.08
• Revenue Growth: 6.45%
• EPS Growth: 5.85%
• Country: US
• Employees: 19,000
• Sector: N/A
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): 3.11
• Shares Outstanding: 196,673,930
• 10 Day Avg. Volume: 1,224,978
• 30 Day Avg. Volume: 1,130,788
• PEG Ratio: 2.75
• Price to Book (P/B): 2.79
• Price to Sales (P/S): 2.19
• P/FCF Ratio: 15.52
• Enterprise Value/Market Cap: 0.81
• Enterprise Value/Revenue: 1.63
• Enterprise Value/Gross Profit: 1.85
• Enterprise Value/Ebitda: 5.45
• 1Y Price Target: $183.22
• Price Target Upside: 13.79% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $184.00 ▲(14.28% Upside)

Raymond James Financial's overall stock score is driven by its strong financial performance and positive earnings call highlights. The company's strategic investments and shareholder-friendly initiatives further enhance its attractiveness. However, valuation concerns and potential cash flow conversion challenges slightly temper the overall score.

Raymond James Financial Business Overview & Revenue Model

Company Description

Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; and securities borrowing and lending services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential, securities-based, and other loans; and loan syndication services. The Other segment engages in the private equity investments, including various direct and third-party private equity investments; and legacy private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.

How the Company Makes Money

Raymond James Financial generates revenue through multiple streams. Primarily, the company earns money from advisory fees, commissions on trades, and interest income from loans and investments. The Private Client Group segment contributes significantly through wealth management services, where financial advisors charge fees based on assets under management and commissions from investment products. The Capital Markets segment earns revenue from investment banking activities, including underwriting and advisory fees from public offerings and mergers and acquisitions. Additionally, the Asset Management segment provides investment solutions and earns fees from managed funds. The company also benefits from its banking operations through interest income from loans and mortgages. Strategic partnerships and relationships with various financial institutions enhance its service offerings and revenue potential.

Raymond James Financial Financial Statement Overview

Summary

Income Statement

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Cash Flow

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Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
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Raymond James Financial Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 161.01
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RJF, the sentiment is Neutral. The current price of 161.01 is above the 20-day moving average (MA) of 159.38, above the 50-day MA of 160.57, and above the 200-day MA of 154.70, indicating a bullish trend. The MACD of 0.92 indicates Negative momentum. The RSI at 50.09 is Neutral, neither overbought nor oversold. The STOCH value of 28.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RJF.

Raymond James Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	―	―	―	―	―	―
IBKR	75 Outperform	$28.08B	30.38	19.82%	0.48%	11.88%	28.96%
RJF	74 Outperform	$31.85B	15.73	17.64%	1.26%	6.45%	5.85%
SF	74 Outperform	$12.99B	22.53	11.73%	1.44%	7.54%	2.73%
SCHW	74 Outperform	$170.59B	22.52	17.05%	1.12%	5.90%	66.60%
LPLA	66 Neutral	$29.45B	33.86	21.32%	0.33%	35.19%	-18.62%
JEF	63 Neutral	$12.64B	21.10	6.29%	2.61%	-5.41%	25.28%

Raymond James Financial Corporate Events

Raymond James Financial Increases Quarterly Dividend by 8%

On December 3, 2025, Raymond James Financial announced an 8% increase in its quarterly dividend for common stock, raising it to $0.54 per share, payable on January 16, 2026. The company also declared a quarterly dividend for its Series B Preferred Stock and authorized a $2 billion share repurchase program, replacing the previous $1.5 billion authorization. This move reflects the company’s strategy to enhance shareholder value and optimize its capital structure.

Raymond James to Redeem Series B Preferred Stock

On December 2, 2025, Raymond James Financial announced its decision to redeem all 80,500 outstanding shares of its Series B Preferred Stock and the related depositary shares on January 2, 2026. This move will result in no remaining outstanding shares of the Series B Preferred Stock or Series B Depositary Shares, impacting the company’s capital structure and potentially influencing its financial strategy.

Raymond James Reports Record Client Assets in October

On November 19, 2025, Raymond James Financial reported its operating data for October 2025, highlighting a record $1.75 trillion in client assets under administration, a 13% year-over-year increase driven by higher equity markets and net asset inflows. Despite a 2% sequential decline in clients’ domestic cash sweep and Enhanced Savings Program balances due to quarterly fee billings, the company maintains strong pipelines for advisor recruiting and investment banking, indicating robust future prospects.

Raymond James Reports Record Client Assets in August

On September 24, 2025, Raymond James Financial reported its operating data for August 2025, highlighting a record $1.69 trillion in client assets under administration, a 10% increase year-over-year, driven by higher equity markets and net asset inflows. Despite a decline in domestic cash sweep and Enhanced Savings Program balances, the firm noted strong advisor recruiting and a robust investment banking pipeline, indicating positive momentum in its operations.

Raymond James Financial Amends Credit Agreement for Growth

On September 23, 2025, Raymond James Financial, Inc. amended its existing credit agreement, extending the maturity date to September 23, 2030, increasing the facility amount to $1 billion, and decreasing the interest rate applicable to borrowings. This strategic financial adjustment is expected to enhance the company’s financial flexibility and potentially improve its market positioning.

Raymond James Financial Closes $1.5 Billion Senior Notes Offering

On September 11, 2025, Raymond James Financial, Inc. successfully closed a public underwritten offering of $1.5 billion in senior notes, consisting of $650 million in 4.900% senior notes due 2035 and $850 million in 5.650% senior notes due 2055. The proceeds from this offering are intended for general corporate purposes, potentially impacting the company’s financial flexibility and market positioning.