What is Zacks Research’s Forecast for RJF Q4 Earnings?

Raymond James Financial, Inc. (NYSE:RJF) – Analysts at Zacks Research lifted their Q4 2025 earnings estimates for shares of Raymond James Financial in a note issued to investors on Monday, June 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $2.59 for the quarter, up from their previous forecast of $2.58. The consensus estimate for Raymond James Financial’s current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James Financial’s Q1 2027 earnings at $2.89 EPS and Q3 2027 earnings at $3.06 EPS.

Several other brokerages have also recently commented on RJF. JMP Securities reissued a “market outperform” rating and set a $175.00 price target on shares of Raymond James Financial in a research report on Thursday, April 24th. Bank of America cut shares of Raymond James Financial from a “buy” rating to a “neutral” rating and set a $159.00 target price for the company. in a research note on Wednesday, April 30th. Cowen reaffirmed a “hold” rating on shares of Raymond James Financial in a research report on Thursday, April 24th. The Goldman Sachs Group decreased their price objective on shares of Raymond James Financial from $198.00 to $173.00 and set a “buy” rating for the company in a research report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Raymond James Financial from $149.00 to $143.00 and set a “neutral” rating on the stock in a research note on Thursday, April 24th. Eleven research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $153.82.

Raymond James Financial Trading Up 1.1%

Shares of NYSE:RJF opened at $159.88 on Wednesday. The company’s 50-day moving average price is $147.63 and its two-hundred day moving average price is $149.68. Raymond James Financial has a one year low of $104.24 and a one year high of $174.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.04 and a quick ratio of 1.02. The stock has a market capitalization of $32.26 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 1.90 and a beta of 1.02.

Raymond James Financial (NYSE:RJF) last announced its earnings results on Wednesday, April 23rd. The financial services provider reported $2.42 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.02). The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.46 billion. Raymond James Financial had a return on equity of 19.31% and a net margin of 13.99%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.31 EPS.

Hedge Funds Weigh In On Raymond James Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. Formidable Asset Management LLC raised its holdings in shares of Raymond James Financial by 0.9% during the 4th quarter. Formidable Asset Management LLC now owns 7,901 shares of the financial services provider’s stock worth $1,227,000 after buying an additional 67 shares in the last quarter. Venturi Wealth Management LLC raised its stake in Raymond James Financial by 2.2% during the first quarter. Venturi Wealth Management LLC now owns 3,318 shares of the financial services provider’s stock worth $461,000 after acquiring an additional 73 shares in the last quarter. Keybank National Association OH lifted its holdings in shares of Raymond James Financial by 0.7% in the fourth quarter. Keybank National Association OH now owns 11,248 shares of the financial services provider’s stock worth $1,747,000 after acquiring an additional 76 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in shares of Raymond James Financial by 5.5% in the 1st quarter. EP Wealth Advisors LLC now owns 1,506 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 78 shares in the last quarter. Finally, Cigna Investments Inc. New grew its holdings in shares of Raymond James Financial by 4.1% during the 1st quarter. Cigna Investments Inc. New now owns 2,044 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 81 shares during the last quarter. 83.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Raymond James Financial

In related news, insider James E. Bunn sold 3,650 shares of the business’s stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $136.49, for a total value of $498,188.50. Following the completion of the sale, the insider directly owned 78,227 shares in the company, valued at approximately $10,677,203.23. The trade was a 4.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Bella Loykhter Allaire sold 6,570 shares of the stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $146.61, for a total value of $963,227.70. Following the sale, the insider directly owned 74,586 shares in the company, valued at approximately $10,935,053.46. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by company insiders.

Raymond James Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $2.00 annualized dividend and a dividend yield of 1.25%. Raymond James Financial’s dividend payout ratio (DPR) is presently 19.25%.

Raymond James Financial Company Profile

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.