Seaport Res Ptn Reduces Earnings Estimates for Raymond James

Raymond James (NYSE:RJF) – Equities researchers at Seaport Res Ptn dropped their Q2 2025 EPS estimates for shares of Raymond James in a note issued to investors on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will earn $2.39 per share for the quarter, down from their prior 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.

Raymond James (NYSE:RJF) last released its earnings results on Wednesday, January 29th. The financial services provider reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.62 by $0.31. Raymond James had a return on equity of 19.71% and a net margin of 14.06%.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group lowered their price objective on shares of Raymond James from $198.00 to $173.00 and set a “buy” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. raised their price target on Raymond James from $166.00 to $172.00 and gave the stock a “neutral” rating in a research note on Thursday, January 30th. Keefe, Bruyette & Woods lifted their price objective on Raymond James from $170.00 to $177.00 and gave the stock a “market perform” rating in a report on Thursday, January 30th. Wells Fargo & Company increased their target price on Raymond James from $168.00 to $176.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Finally, UBS Group upgraded Raymond James from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Nine equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Raymond James currently has an average rating of “Hold” and an average price target of $164.64.

Raymond James Trading Down 5.2 %

Raymond James stock opened at $123.51 on Monday. Raymond James has a one year low of $104.24 and a one year high of $174.32. The business’s fifty day moving average is $151.43 and its 200 day moving average is $151.20. The stock has a market capitalization 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. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.01.

Raymond James Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.00 annualized dividend and a dividend yield of 1.62%. Raymond James’s dividend payout ratio is currently 19.51%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in RJF. First Hawaiian Bank grew its stake in Raymond James by 45.5% in the first quarter. First Hawaiian Bank now owns 37,631 shares of the financial services provider’s stock valued at $5,227,000 after purchasing an additional 11,771 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Raymond James by 32.9% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 788 shares of the financial services provider’s stock valued at $109,000 after buying an additional 195 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Raymond James by 4.8% in the 4th quarter. California State Teachers Retirement System now owns 276,397 shares of the financial services provider’s stock worth $42,933,000 after buying an additional 12,616 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Raymond James by 11.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,628 shares of the financial services provider’s stock worth $6,621,000 after acquiring an additional 4,269 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Raymond James during the fourth quarter valued at approximately $17,379,000. 83.83% of the stock is 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.