Raymond James (NYSE:RJF – Free Report) – Stock analysts at Seaport Res Ptn lowered their Q2 2025 earnings per share estimates for shares of Raymond James in a report issued on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $2.39 per share for the quarter, down from their previous forecast of $2.42. The consensus estimate for Raymond James’ current full-year earnings is $11.17 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q3 2025 earnings at $2.46 EPS, Q4 2025 earnings at $2.72 EPS, FY2025 earnings at $10.50 EPS, Q1 2026 earnings at $2.86 EPS, Q2 2026 earnings at $2.73 EPS, Q3 2026 earnings at $2.85 EPS, Q4 2026 earnings at $3.21 EPS and FY2026 earnings at $11.65 EPS.
RJF has been the subject of a number of other research reports. The Goldman Sachs Group cut their price objective on shares of Raymond James from $198.00 to $173.00 and set a “buy” rating for the company in a report on Thursday. Morgan Stanley raised their target price on Raymond James from $149.00 to $161.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 4th. Bank of America upped their price target on Raymond James from $198.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Citigroup lowered their price target on Raymond James from $180.00 to $150.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods boosted their price objective on Raymond James from $170.00 to $177.00 and gave the company a “market perform” rating in a research report on Thursday, January 30th. Nine investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $164.64.
Raymond James Stock Performance
Shares of RJF stock opened at $123.51 on Monday. The stock has a market cap of $25.31 billion, a PE ratio of 12.05, a price-to-earnings-growth ratio of 0.90 and a beta of 0.94. Raymond James has a 52-week low of $104.24 and a 52-week high of $174.32. The business has a 50-day simple moving average of $151.43 and a 200-day simple moving average of $151.20. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.35.
Raymond James (NYSE:RJF – Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.62 by $0.31. Raymond James had a net margin of 14.06% and a return on equity of 19.71%.
Raymond James Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.00 annualized dividend and a yield of 1.62%. Raymond James’s dividend payout ratio is presently 19.51%.
Institutional Trading of Raymond James
Several institutional investors and hedge funds have recently modified their holdings of RJF. TCTC Holdings LLC lifted its stake in shares of Raymond James by 176.7% during the 4th quarter. TCTC Holdings LLC now owns 166 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 106 shares during the period. Y.D. More Investments Ltd boosted its position in shares of Raymond James by 121.0% in the fourth quarter. Y.D. More Investments Ltd now owns 232 shares of the financial services provider’s stock worth $36,000 after buying an additional 127 shares during the period. Plato Investment Management Ltd grew its position in Raymond James by 1,142.1% in the fourth quarter. Plato Investment Management Ltd now owns 236 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 217 shares in the last quarter. Quarry LP increased its stake in Raymond James by 80.3% during the 3rd quarter. Quarry LP now owns 420 shares of the financial services provider’s stock worth $51,000 after buying an additional 187 shares during the period. Finally, Covestor Ltd increased its position in shares of Raymond James by 56.7% during the fourth quarter. Covestor Ltd now owns 337 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 122 shares during the last quarter. 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.
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