Raymond James Q1 EPS Forecast Increased by Zacks Research

Raymond James (NYSE:RJF - Free Report) - Zacks Research lifted their Q1 2025 EPS estimates for shares of Raymond James in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $2.69 per share for the quarter, up from their previous forecast of $2.67. The consensus estimate for Raymond James' current full-year earnings is $10.85 per share. Zacks Research also issued estimates for Raymond James' Q1 2026 earnings at $2.72 EPS, Q2 2026 earnings at $2.76 EPS, Q3 2026 earnings at $2.92 EPS, FY2026 earnings at $11.33 EPS and FY2027 earnings at $11.79 EPS.

RJF has been the subject of several other research reports. Jefferies Financial Group increased their price objective on shares of Raymond James from $123.00 to $126.00 and gave the company a "hold" rating in a research report on Friday, October 4th. TD Cowen increased their price target on shares of Raymond James from $128.00 to $150.00 and gave the company a "hold" rating in a report on Wednesday, October 30th. JMP Securities boosted their price objective on Raymond James from $146.00 to $150.00 and gave the stock a "market outperform" rating in a research note on Thursday, October 24th. Bank of America raised their price objective on Raymond James from $136.00 to $152.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company reiterated an "equal weight" rating and issued a $169.00 target price (up previously from $152.00) on shares of Raymond James in a report on Thursday, December 12th. Ten equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $142.45.

Raymond James Price Performance

Shares of RJF stock traded down $1.56 on Thursday, reaching $150.86. The company's stock had a trading volume of 1,512,932 shares, compared to its average volume of 1,143,387. The stock's fifty day simple moving average is $154.77 and its 200-day simple moving average is $130.93. Raymond James has a 1 year low of $104.24 and a 1 year high of $171.38. The company has a market capitalization of $30.78 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 0.91 and a beta of 1.00. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37.

Raymond James (NYSE:RJF - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.54. The business 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 firm's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.13 EPS.

Raymond James Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be paid a $0.50 dividend. This is a positive change from Raymond James's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 1.33%. Raymond James's dividend payout ratio (DPR) is presently 20.60%.

Insider Activity

In other Raymond James news, insider Tashtego S. Elwyn sold 10,000 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $159.47, for a total transaction of $1,594,700.00. Following the transaction, the insider now directly owns 32,688 shares in the company, valued at $5,212,755.36. This represents a 23.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $167.30, for a total transaction of $8,365,000.00. Following the completion of the sale, the chief executive officer now owns 283,110 shares of the company's stock, valued at approximately $47,364,303. This represents a 15.01 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,621 shares of company stock valued at $10,729,488. 9.74% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Raymond James

A number of hedge funds and other institutional investors have recently modified their holdings of RJF. Wolff Wiese Magana LLC grew its stake in Raymond James by 3,960.0% in the third quarter. Wolff Wiese Magana LLC now owns 203 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 198 shares during the last quarter. Quarry LP purchased a new position in shares of Raymond James in the 2nd quarter worth approximately $29,000. Future Financial Wealth Managment LLC purchased a new position in shares of Raymond James in the 3rd quarter worth approximately $32,000. Gladius Capital Management LP bought a new position in shares of Raymond James during the 3rd quarter worth approximately $34,000. Finally, Peterson Financial Group Inc. purchased a new stake in Raymond James during the third quarter valued at approximately $37,000. 83.83% of the stock is currently owned by institutional investors.

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.