Raymond James (NYSE:RJF – Free Report) – Research analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Raymond James in a note issued to investors on Friday, November 15th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.67 for the quarter, up from their prior estimate of $2.59. The consensus estimate for Raymond James’ current full-year earnings is $10.83 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.52 EPS, Q3 2025 earnings at $2.61 EPS, Q4 2025 earnings at $2.82 EPS, FY2025 earnings at $10.62 EPS, Q1 2026 earnings at $2.69 EPS and FY2026 earnings at $11.22 EPS.
RJF has been the topic of a number of other reports. Bank of America upped their price target on shares of Raymond James from $136.00 to $152.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. reduced their target price on Raymond James from $137.00 to $135.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. The Goldman Sachs Group lifted their price objective on shares of Raymond James from $125.00 to $142.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. Wells Fargo & Company increased their price target on Raymond James from $140.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, JMP Securities boosted their target price on shares of Raymond James from $146.00 to $150.00 and gave the company a “market outperform” rating in a research note on Thursday, October 24th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $140.91.
Raymond James Stock Down 0.5 %
NYSE RJF opened at $162.62 on Monday. Raymond James has a 52 week low of $102.42 and a 52 week high of $164.33. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $33.49 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 0.80 and a beta of 0.99. The company has a fifty day moving average of $137.09 and a two-hundred day moving average of $125.08.
Raymond James (NYSE:RJF – Get Free Report) last announced its 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. The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Raymond James had a return on equity of 19.61% and a net margin of 13.86%. During the same quarter in the previous year, the business earned $2.13 EPS. The company’s quarterly revenue was up 13.4% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. raised its stake 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. Geode Capital Management LLC grew its position in shares of Raymond James by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 4,351,684 shares of the financial services provider’s stock valued at $531,013,000 after buying an additional 12,869 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Raymond James by 0.9% in the third quarter. M&T Bank Corp now owns 13,682 shares of the financial services provider’s stock valued at $1,676,000 after acquiring an additional 125 shares during the period. Barclays PLC boosted its stake in Raymond James by 33.5% during the 3rd quarter. Barclays PLC now owns 847,108 shares of the financial services provider’s stock worth $103,738,000 after purchasing an additional 212,697 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Raymond James by 6.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 57,958 shares of the financial services provider’s stock worth $7,098,000 after buying an additional 3,595 shares during the last quarter. 83.83% of the stock is owned by institutional investors and hedge funds.
About Raymond James
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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