Seaport Res Ptn Raises Earnings Estimates for Raymond James

Raymond James (NYSE:RJF) – Equities researchers at Seaport Res Ptn increased their FY2025 earnings estimates for Raymond James in a research report issued to clients and investors on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $10.30 per share for the year, up from their prior forecast 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.

Raymond James (NYSE:RJF) last issued its earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share (EPS) 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 analysts’ expectations of $3.32 billion. Raymond James had a net margin of 13.86% and a return on equity of 19.30%. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company posted $2.13 earnings per share.

A number of other research firms also recently weighed in on RJF. UBS Group raised Raymond James from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Citigroup increased their price objective on shares of Raymond James from $145.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday. The Goldman Sachs Group upgraded shares of Raymond James from a “neutral” rating to a “buy” rating and boosted their target price for the company from $161.00 to $185.00 in a research report on Monday, January 6th. Bank of America increased their price target on shares of Raymond James from $136.00 to $152.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Jefferies Financial Group boosted their price objective on shares of Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a research report on Friday, October 4th. Nine investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $156.18.

Raymond James Stock Performance

RJF stock opened at $154.41 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.00. Raymond James has a 1 year low of $104.24 and a 1 year high of $171.38. The company has a market cap of $31.51 billion, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 0.91 and a beta of 1.02. The stock’s fifty day moving average price is $160.03 and its 200-day moving average price is $135.22.

Institutional Investors Weigh In On Raymond James

Hedge funds have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in Raymond James by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 39,128 shares of the financial services provider’s stock valued at $6,078,000 after buying an additional 769 shares in the last quarter. Bank of New Hampshire boosted its position in shares of Raymond James by 99,290.0% during the 4th quarter. Bank of New Hampshire now owns 9,939 shares of the financial services provider’s stock valued at $1,544,000 after acquiring an additional 9,929 shares during the last quarter. Nordea Investment Management AB grew its holdings in shares of Raymond James by 2.4% in the fourth quarter. Nordea Investment Management AB now owns 16,667 shares of the financial services provider’s stock valued at $2,598,000 after purchasing an additional 389 shares in the last quarter. GAMMA Investing LLC increased its position in Raymond James by 78.0% in the fourth quarter. GAMMA Investing LLC now owns 2,661 shares of the financial services provider’s stock worth $413,000 after purchasing an additional 1,166 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Raymond James by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 4,544,610 shares of the financial services provider’s stock valued at $556,533,000 after purchasing an additional 488,245 shares in the last quarter. 83.83% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Raymond James news, insider Bella Loykhter Allaire sold 3,451 shares of Raymond James stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $165.62, for a total value of $571,554.62. Following the sale, the insider now directly owns 80,421 shares in the company, valued at approximately $13,319,326.02. The trade was a 4.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Paul C. Reilly sold 50,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $167.30, for a total transaction of $8,365,000.00. Following the transaction, the chief executive officer now directly owns 283,110 shares of the company’s stock, 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 64,621 shares of company stock worth $10,729,488 over the last ninety days. Corporate insiders own 9.74% of the company’s stock.

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 dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This is a boost from Raymond James’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 1.30%. Raymond James’s dividend payout ratio (DPR) is currently 20.60%.

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.