Q3 EPS Estimates for Raymond James Lifted by Zacks Research

Raymond James (NYSE:RJF) – Equities research analysts at Zacks Research increased their Q3 2025 earnings per share estimates for shares of Raymond James in a note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Department now expects that the financial services provider will earn $2.61 per share for the quarter, up from their prior estimate of $2.60. The consensus estimate for Raymond James’ current full-year earnings is $10.99 per share.

A number of other equities research analysts also recently issued reports on RJF. Keefe, Bruyette & Woods lifted their price target 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, December 20th. Morgan Stanley boosted their target price on Raymond James from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 29th. UBS Group upgraded Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. The Goldman Sachs Group upgraded shares of Raymond James from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $161.00 to $185.00 in a research report on Monday, January 6th. Finally, Jefferies Financial Group raised their target price on shares of Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a report on Friday, October 4th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Raymond James presently has a consensus rating of “Hold” and a consensus target price of $156.09.

Raymond James Stock Up 1.3 %

Shares of NYSE RJF opened at $167.00 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $160.77 and a 200 day moving average price of $136.46. Raymond James has a 52 week low of $104.24 and a 52 week high of $171.38. The stock has a market capitalization of $34.13 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 0.89 and a beta of 1.02.

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

Raymond James Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a $0.50 dividend. This is a boost from Raymond James’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, January 2nd. Raymond James’s payout ratio is presently 20.60%.

Insiders Place Their Bets

In related 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 value of $198,233.10. Following the completion of the transaction, the insider now directly owns 80,421 shares in the company, valued at approximately $13,625,730.03. This represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Paul C. Reilly sold 50,000 shares of the firm’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 completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 64,621 shares of company stock valued at $10,729,488 in the last quarter. 0.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Raymond James

Several institutional investors and hedge funds have recently bought and sold shares of RJF. Wolff Wiese Magana LLC grew its stake in shares of Raymond James by 3,960.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 203 shares of the financial services provider’s stock valued at $25,000 after buying an additional 198 shares during the period. Quarry LP purchased a new stake in Raymond James during the second quarter valued at about $29,000. Future Financial Wealth Managment LLC acquired a new stake in Raymond James during the third quarter worth about $32,000. Gladius Capital Management LP purchased a new position in shares of Raymond James in the 3rd quarter worth about $34,000. Finally, Peterson Financial Group Inc. acquired a new position in shares of Raymond James in the 3rd quarter valued at about $37,000. 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.