Seaport Res Ptn Boosts Earnings Estimates for Raymond James

Raymond James (NYSE:RJF) – Investment analysts at Seaport Res Ptn boosted their FY2025 earnings estimates for Raymond James in a research note issued on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings per share of $10.30 for the year, up from their prior estimate of $10.25. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q4 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.88 EPS, Q2 2026 earnings at $2.70 EPS, Q3 2026 earnings at $2.76 EPS, Q4 2026 earnings at $3.12 EPS and FY2026 earnings at $11.45 EPS.

Raymond James (NYSE:RJF) last issued its quarterly earnings results 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. The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Raymond James had a return on equity of 19.30% and a net margin of 13.86%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.13 earnings per share.

Several other research analysts also recently commented on RJF. Citigroup lifted their target price on Raymond James from $145.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday. JMP Securities lifted their price objective on shares of Raymond James from $146.00 to $150.00 and gave the stock a “market outperform” rating in a research report on Thursday, October 24th. Wells Fargo & Company reissued an “equal weight” rating and issued a $169.00 price objective (up from $152.00) on shares of Raymond James in a research report on Thursday, December 12th. Keefe, Bruyette & Woods lifted their target price on shares of Raymond James from $143.00 to $170.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Finally, Morgan Stanley increased their price target on shares of Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a report on Tuesday, October 29th. Nine investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $156.18.

Raymond James Trading Down 3.1 %

Raymond James stock opened at $154.41 on Friday. The stock has a 50-day simple moving average of $159.83 and a 200 day simple moving average of $134.90. The stock has a market capitalization of $31.51 billion, a P/E ratio of 15.90, a PEG ratio of 0.91 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.02. Raymond James has a 52 week low of $104.24 and a 52 week high of $171.38.

Raymond James Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from Raymond James’s previous quarterly dividend of $0.45. Raymond James’s dividend payout ratio (DPR) is 20.60%.

Insider Buying and Selling at Raymond James

In other news, CEO Paul C. Reilly sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $167.30, for a total value of $8,365,000.00. Following the completion of the transaction, the chief executive officer now directly owns 283,110 shares in the company, valued at approximately $47,364,303. The trade was a 15.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bella Loykhter Allaire sold 1,170 shares of the stock in a transaction that occurred 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 sale, the insider now owns 80,421 shares in the company, valued at $13,625,730.03. This represents a 1.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 64,621 shares of company stock valued at $10,729,488 in the last three months. Corporate insiders own 9.74% of the company’s stock.

Institutional Trading of Raymond James

Institutional investors and hedge funds have recently modified their holdings of the business. Wellington Management Group LLP grew its position in 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 valued at $1,483,542,000 after acquiring an additional 2,898,242 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Raymond James by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,544,610 shares of the financial services provider’s stock valued at $556,533,000 after purchasing an additional 488,245 shares during the last quarter. Ceredex Value Advisors LLC increased its position in Raymond James by 191.3% during 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. Two Sigma Advisers LP bought a new position in Raymond James in the 3rd quarter valued at approximately $34,105,000. Finally, Worldquant Millennium Advisors LLC acquired a new stake in Raymond James in the third quarter valued at approximately $28,985,000. 83.83% of the stock is currently owned by institutional investors.

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.