Q1 EPS Estimates for Raymond James Raised by Zacks Research

Raymond James (NYSE:RJF) – Stock analysts at Zacks Research upped their Q1 2025 EPS estimates for Raymond James in a report released on Friday, November 15th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $2.67 per share for the quarter, up from their previous estimate of $2.59. The consensus estimate for Raymond James’ current full-year earnings is $10.83 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.52 EPS, Q3 2025 earnings at $2.61 EPS, Q4 2025 earnings at $2.82 EPS, FY2025 earnings at $10.62 EPS, Q1 2026 earnings at $2.69 EPS and FY2026 earnings at $11.22 EPS.

Several other equities research analysts have also issued reports on RJF. Jefferies Financial Group raised their target price on Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a research report on Friday, October 4th. JPMorgan Chase & Co. lowered their price objective 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. Bank of America increased their target price 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 lifted their price target on shares of Raymond James from $140.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Finally, TD Cowen increased their price objective on Raymond James from $128.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Raymond James currently has a consensus rating of “Hold” and a consensus price target of $140.91.

Raymond James Stock Up 1.7 %

RJF opened at $163.42 on Monday. Raymond James has a fifty-two week low of $102.42 and a fifty-two week high of $164.33. The firm has a market capitalization of $33.66 billion, a P/E ratio of 16.83, a PEG ratio of 0.81 and a beta of 0.99. The company’s 50-day moving average is $136.16 and its 200 day moving average is $124.81. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.02 and a quick ratio of 0.99.

Raymond James (NYSE:RJF) last issued its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.54. Raymond James had a return on equity of 19.61% and a net margin of 13.86%. The firm had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the company posted $2.13 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis.

Raymond James Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Tuesday, October 1st. Raymond James’s payout ratio is currently 18.54%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its holdings in shares of Raymond James by 31.4% in the third quarter. Wellington Management Group LLP now owns 12,114,502 shares of the financial services provider’s stock worth $1,483,542,000 after buying an additional 2,898,242 shares during the period. State Street Corp increased its stake in Raymond James by 0.7% in the 3rd quarter. State Street Corp now owns 7,974,740 shares of the financial services provider’s stock worth $976,587,000 after purchasing an additional 54,265 shares during the period. Geode Capital Management LLC increased its stake in Raymond James by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 4,351,684 shares of the financial services provider’s stock worth $531,013,000 after purchasing an additional 12,869 shares during the period. AGF Management Ltd. lifted its position in Raymond James by 17.2% in the second quarter. AGF Management Ltd. now owns 2,580,467 shares of the financial services provider’s stock valued at $318,972,000 after purchasing an additional 378,033 shares during the last quarter. Finally, Earnest Partners LLC boosted its stake in shares of Raymond James by 1.5% during the second quarter. Earnest Partners LLC now owns 2,505,369 shares of the financial services provider’s stock valued at $309,689,000 after purchasing an additional 37,173 shares during the period. 83.83% of the stock is owned by hedge funds and other institutional investors.

Raymond James 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.