Zacks Research Predicts Increased Earnings for Raymond James

Raymond James (NYSE:RJFFree Report) – Research analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of Raymond James in a research report issued on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $2.59 per share for the quarter, up from their previous forecast of $2.51. The consensus estimate for Raymond James’ current full-year earnings is $10.73 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.46 EPS, Q3 2025 earnings at $2.54 EPS, Q4 2025 earnings at $2.68 EPS, FY2025 earnings at $10.28 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $2.70 EPS and FY2027 earnings at $11.63 EPS.

Raymond James (NYSE:RJFGet Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $2.95 EPS for the quarter, beating the consensus estimate of $2.41 by $0.54. Raymond James had a net margin of 13.86% and a return on equity of 19.61%. The business had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the business earned $2.13 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis.

A number of other brokerages have also recently commented on RJF. JPMorgan Chase & Co. reduced their price target on shares of 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 increased their target price on shares of Raymond James from $125.00 to $142.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Morgan Stanley increased their price objective on shares of Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. Wells Fargo & Company boosted their price objective on shares of Raymond James from $140.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Finally, Jefferies Financial Group increased their price target 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $140.91.

Read Our Latest Research Report on RJF

Raymond James Stock Down 1.0 %

Shares of NYSE RJF opened at $160.64 on Thursday. The stock has a market capitalization of $33.08 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.82 and a beta of 0.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.02 and a quick ratio of 0.99. The company has a 50-day moving average price of $133.47 and a 200-day moving average price of $123.99. Raymond James has a 1 year low of $101.90 and a 1 year high of $163.45.

Raymond James Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.12%. Raymond James’s dividend payout ratio (DPR) is presently 18.54%.

Institutional Investors Weigh In On Raymond James

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ceredex Value Advisors LLC raised 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 purchasing an additional 474,443 shares in the last quarter. AGF Management Ltd. raised its holdings in Raymond James by 17.2% in the 2nd quarter. AGF Management Ltd. now owns 2,580,467 shares of the financial services provider’s stock valued at $318,972,000 after acquiring an additional 378,033 shares in the last quarter. Earnest Partners LLC boosted its position in shares of Raymond James by 5.9% during the 1st quarter. Earnest Partners LLC now owns 2,468,196 shares of the financial services provider’s stock valued at $316,966,000 after acquiring an additional 138,075 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in shares of Raymond James by 34.4% during the third quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 493,729 shares of the financial services provider’s stock valued at $60,462,000 after acquiring an additional 126,437 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Raymond James by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,024,612 shares of the financial services provider’s stock valued at $250,238,000 after acquiring an additional 113,826 shares during the last quarter. 83.83% of the stock is owned by institutional investors and hedge funds.

Raymond James Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Raymond James (NYSE:RJF)

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