Q3 EPS Estimates for Raymond James Lowered by Zacks Research

Raymond James (NYSE:RJF) – Equities researchers at Zacks Research dropped their Q3 2025 EPS estimates for Raymond James in a note issued to investors on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $2.60 for the quarter, down from their previous estimate of $2.61. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Zacks Research also issued estimates for Raymond James’ Q4 2026 earnings at $2.94 EPS.

Raymond James (NYSE:RJF) last issued its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.54. Raymond James had a return on equity of 19.30% and a net margin of 13.86%. The business had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same period last year, the business earned $2.13 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year.

Several other analysts also recently weighed in on RJF. Jefferies Financial Group increased their target price on Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a research note on Friday, October 4th. TD Cowen upped their target price on shares of Raymond James from $128.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group raised their price target on shares of Raymond James from $125.00 to $142.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Keefe, Bruyette & Woods upped their price objective on shares of Raymond James from $143.00 to $170.00 and gave the company a “market perform” rating in a research report on Friday. Finally, JMP Securities boosted their price target on Raymond James from $146.00 to $150.00 and gave the company a “market outperform” rating in a research note on Thursday, October 24th. Ten equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $146.00.

Raymond James Stock Up 2.8 %

RJF stock opened at $155.05 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. The company has a 50-day moving average of $154.77 and a two-hundred day moving average of $130.93. The stock has a market capitalization of $31.64 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.91 and a beta of 1.00. Raymond James has a 52-week low of $104.24 and a 52-week high of $171.38.

Raymond James Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.29%. This is a boost from Raymond James’s previous quarterly dividend of $0.45. The ex-dividend date is Thursday, January 2nd. Raymond James’s dividend payout ratio (DPR) is currently 20.60%.

Insider Buying and Selling at Raymond James

In other Raymond James news, insider Bella Loykhter Allaire sold 1,170 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $169.43, for a total transaction of $198,233.10. Following the transaction, the insider now owns 80,421 shares of the company’s stock, valued at approximately $13,625,730.03. This represents a 1.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Paul C. Reilly sold 50,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $167.30, for a total value of $8,365,000.00. Following the sale, the chief executive officer now directly owns 283,110 shares of the company’s stock, valued at $47,364,303. This represents a 15.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 64,621 shares of company stock worth $10,729,488. 9.74% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Raymond James

Hedge funds have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. increased its holdings in Raymond James by 5.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 4,848 shares of the financial services provider’s stock worth $599,000 after purchasing an additional 256 shares in the last quarter. &PARTNERS acquired a new stake in Raymond James in the 2nd quarter valued at approximately $314,000. New York State Teachers Retirement System lifted its stake in Raymond James by 4.6% in the 2nd quarter. New York State Teachers Retirement System now owns 224,518 shares of the financial services provider’s stock valued at $27,753,000 after acquiring an additional 9,852 shares in the last quarter. Family Firm Inc. acquired a new position in Raymond James during the 2nd quarter worth approximately $69,000. Finally, Tranquility Partners LLC grew its stake in shares of Raymond James by 15.1% during the 2nd quarter. Tranquility Partners LLC now owns 5,973 shares of the financial services provider’s stock worth $738,000 after acquiring an additional 783 shares in the last quarter. Institutional investors and hedge funds own 83.83% of the company’s stock.

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.