Analysts Offer Predictions for Raymond James Q1 Earnings

Raymond James (NYSE:RJF - Free Report) - Zacks Research raised their Q1 2025 EPS estimates for Raymond James in a report issued on Friday, November 15th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.67 for the quarter, up from their prior 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.

Raymond James (NYSE:RJF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.54. Raymond James had a net margin of 13.86% and a return on equity of 19.61%. The business 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.

RJF has been the subject of several other research reports. Jefferies Financial Group boosted their target price on Raymond James from $123.00 to $126.00 and gave the stock a "hold" rating in a research note on Friday, October 4th. Wells Fargo & Company upped their price objective on shares of Raymond James from $140.00 to $152.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. JMP Securities raised their target price on shares of Raymond James from $146.00 to $150.00 and gave the company a "market outperform" rating in a research report on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of Raymond James from $125.00 to $142.00 and gave the stock a "neutral" rating in a report on Thursday, October 24th. Finally, TD Cowen raised 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $140.91.

Raymond James Price Performance

NYSE RJF traded up $2.74 on Monday, hitting $163.42. 1,000,986 shares of the company's stock were exchanged, compared to its average volume of 1,140,933. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.41. Raymond James has a 52 week low of $102.42 and a 52 week high of $164.33. The stock has a market cap of $33.65 billion, a price-to-earnings ratio of 16.82, a P/E/G ratio of 0.81 and a beta of 0.99. The stock has a 50-day moving average of $135.23 and a 200-day moving average of $124.53.

Hedge Funds Weigh In On Raymond James

Institutional investors have recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC increased its stake in shares of Raymond James by 3,960.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 203 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 198 shares in the last quarter. Quarry LP acquired a new position in shares of Raymond James during the second quarter valued at about $29,000. Covestor Ltd grew its stake in shares of Raymond James by 77.0% in the 1st quarter. Covestor Ltd now owns 239 shares of the financial services provider's stock valued at $31,000 after buying an additional 104 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in Raymond James in the third quarter valued at approximately $32,000. Finally, Gladius Capital Management LP acquired a new stake in Raymond James in the 3rd quarter valued at $34,000. 83.83% of the stock is owned by institutional investors and hedge funds.

Raymond James Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 1.10%. Raymond James's dividend payout ratio is currently 18.54%.

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.