Q3 EPS Estimates for Raymond James Decreased by Analyst

Raymond James (NYSE:RJF) – Analysts at Zacks Research dropped their Q3 2025 earnings estimates for Raymond James in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $2.60 per share for the quarter, down from their prior forecast of $2.61. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Zacks Research also issued estimates for Raymond James’ Q4 2026 earnings at $2.94 EPS.

A number of other equities research analysts have also recently commented on the stock. The Goldman Sachs Group raised 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. Bank of America raised their price target 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. Wells Fargo & Company reissued an “equal weight” rating and set a $169.00 target price (up from $152.00) on shares of Raymond James in a research note on Thursday, December 12th. Keefe, Bruyette & Woods upped their price target on Raymond James from $143.00 to $170.00 and gave the stock a “market perform” rating in a report on Friday. Finally, Morgan Stanley raised their price objective on Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a report on Tuesday, October 29th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Raymond James has an average rating of “Hold” and a consensus target price of $146.00.

Raymond James Stock Up 2.8 %

Raymond James stock opened at $155.05 on Friday. The business’s 50-day moving average price is $155.28 and its 200 day moving average price is $131.17. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. The firm has a market cap of $31.64 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.91 and a beta of 1.00. Raymond James has a 52 week low of $104.24 and a 52 week high of $171.38.

Raymond James (NYSE:RJF) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.54. The company had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.32 billion. Raymond James had a return on equity of 19.30% and a net margin of 13.86%. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $2.13 EPS.

Raymond James Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 1.29%. This is a positive change from Raymond James’s previous quarterly dividend of $0.45. Raymond James’s dividend payout ratio (DPR) is presently 20.60%.

Insiders Place Their Bets

In related news, insider Bella Loykhter Allaire sold 1,170 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $169.43, for a total value of $198,233.10. Following the completion of the sale, the insider now owns 80,421 shares of the company’s stock, valued at approximately $13,625,730.03. This trade represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Paul C. Reilly sold 50,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $167.30, for a total value of $8,365,000.00. Following the transaction, the chief executive officer now directly owns 283,110 shares in the company, valued at $47,364,303. This trade represents a 15.01 % 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 in the last 90 days. 9.74% of the stock is owned by insiders.

Institutional Investors Weigh In On Raymond James

A number of hedge funds have recently modified their holdings of RJF. Wellington Management Group LLP increased its position in shares of Raymond James by 31.4% during the 3rd quarter. Wellington Management Group LLP now owns 12,114,502 shares of the financial services provider’s stock worth $1,483,542,000 after purchasing an additional 2,898,242 shares during the last quarter. Ceredex Value Advisors LLC lifted its holdings in shares of Raymond James by 191.3% in the 3rd quarter. Ceredex Value Advisors LLC now owns 722,393 shares of the financial services provider’s stock worth $88,464,000 after acquiring an additional 474,443 shares during the last quarter. AGF Management Ltd. boosted its position in shares of Raymond James by 17.2% during the 2nd quarter. AGF Management Ltd. now owns 2,580,467 shares of the financial services provider’s stock worth $318,972,000 after purchasing an additional 378,033 shares during the period. Two Sigma Advisers LP acquired a new stake in Raymond James in the 3rd quarter valued at approximately $34,105,000. Finally, Worldquant Millennium Advisors LLC purchased a new stake in Raymond James in the third quarter valued at approximately $28,985,000. Hedge funds and other institutional investors own 83.83% of the company’s stock.

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.