Raymond James (NYSE:RJF – Free Report) – Analysts at Seaport Res Ptn increased their FY2025 EPS estimates for shares of Raymond James in a research note issued on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $10.30 per share for the year, up from their prior estimate of $10.25. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q4 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.88 EPS, Q2 2026 earnings at $2.70 EPS, Q3 2026 earnings at $2.76 EPS, Q4 2026 earnings at $3.12 EPS and FY2026 earnings at $11.45 EPS.
RJF has been the subject of several other reports. Wells Fargo & Company reissued an “equal weight” rating and set a $169.00 price target (up from $152.00) on shares of Raymond James in a report on Thursday, December 12th. TD Cowen boosted their price objective on Raymond James from $128.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, October 30th. Bank of America raised their price objective on shares of Raymond James from $136.00 to $152.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Keefe, Bruyette & Woods increased their price target on shares of Raymond James from $143.00 to $170.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. Finally, Morgan Stanley boosted their price objective on shares of Raymond James from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 29th. Nine equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Raymond James presently has an average rating of “Hold” and a consensus target price of $152.73.
Raymond James Stock Up 0.2 %
Shares of NYSE RJF opened at $159.32 on Friday. The business has a fifty day moving average of $159.83 and a two-hundred day moving average of $134.90. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.02. Raymond James has a 52-week low of $104.24 and a 52-week high of $171.38. The stock has a market cap of $32.51 billion, a PE ratio of 16.41, a PEG ratio of 0.91 and a beta of 1.02.
Raymond James (NYSE:RJF – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.54. Raymond James had a net margin of 13.86% and a return on equity of 19.30%. The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter last year, the company earned $2.13 earnings per share. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year.
Institutional Trading of Raymond James
A number of large investors have recently added to or reduced their stakes in RJF. Coldstream Capital Management Inc. boosted its position in Raymond James by 1.5% during the third quarter. Coldstream Capital Management Inc. now owns 4,228 shares of the financial services provider’s stock worth $528,000 after purchasing an additional 64 shares during the period. Metis Global Partners LLC boosted its position in shares of Raymond James by 1.4% in the third quarter. Metis Global Partners LLC now owns 6,115 shares of the financial services provider’s stock valued at $749,000 after acquiring an additional 82 shares during the period. Wedmont Private Capital grew its stake in shares of Raymond James by 5.1% in the third quarter. Wedmont Private Capital now owns 1,769 shares of the financial services provider’s stock valued at $222,000 after acquiring an additional 86 shares in the last quarter. Portside Wealth Group LLC raised its stake in Raymond James by 3.9% in the 3rd quarter. Portside Wealth Group LLC now owns 2,495 shares of the financial services provider’s stock worth $306,000 after purchasing an additional 93 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in Raymond James by 0.4% in the 3rd quarter. MML Investors Services LLC now owns 22,467 shares of the financial services provider’s stock valued at $2,751,000 after purchasing an additional 98 shares during the period. Institutional investors and hedge funds own 83.83% of the company’s stock.
Insider Transactions at Raymond James
In other news, insider Bella Loykhter Allaire sold 1,170 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $169.43, for a total value of $198,233.10. Following the sale, the insider now owns 80,421 shares of the company’s stock, valued at $13,625,730.03. The trade was a 1.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Tashtego S. Elwyn sold 10,000 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $159.47, for a total value of $1,594,700.00. Following the sale, the insider now owns 32,688 shares in the company, valued at $5,212,755.36. The trade was a 23.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 64,621 shares of company stock valued at $10,729,488 over the last 90 days. 9.74% of the stock is owned by company insiders.
Raymond James Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be issued a $0.50 dividend. This is an increase from Raymond James’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, January 2nd. Raymond James’s dividend payout ratio is 20.60%.
Raymond James 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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