Seaport Res Ptn Forecasts Weaker Earnings for Raymond James

Raymond James (NYSE:RJF - Free Report) - Equities research analysts at Seaport Res Ptn decreased their Q3 2025 EPS estimates for shares of Raymond James in a research note issued on Thursday, April 24th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $2.30 per share for the quarter, down from their previous forecast of $2.46. The consensus estimate for Raymond James' current full-year earnings is $11.17 per share. Seaport Res Ptn also issued estimates for Raymond James' Q4 2025 earnings at $2.65 EPS, FY2025 earnings at $10.30 EPS, Q2 2026 earnings at $2.64 EPS, Q3 2026 earnings at $2.81 EPS, Q4 2026 earnings at $3.16 EPS and FY2026 earnings at $11.50 EPS.

Raymond James (NYSE:RJF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.02). Raymond James had a net margin of 14.06% and a return on equity of 19.71%. The company had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.46 billion. During the same quarter in the previous year, the business posted $2.31 earnings per share.

A number of other research firms have also weighed in on RJF. Citigroup cut their target price on shares of Raymond James from $180.00 to $150.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Morgan Stanley increased their price objective on shares of Raymond James from $149.00 to $161.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 4th. Bank of America boosted their target price on shares of Raymond James from $198.00 to $201.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on Raymond James from $149.00 to $143.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company decreased their price target on Raymond James from $176.00 to $143.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Ten 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 company. According to MarketBeat, Raymond James presently has a consensus rating of "Hold" and a consensus target price of $157.64.

Raymond James Price Performance

Shares of NYSE RJF opened at $137.50 on Monday. The stock's 50-day moving average is $140.43 and its two-hundred day moving average is $152.01. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.01. The company has a market cap of $28.18 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 0.90 and a beta of 0.94. Raymond James has a 1-year low of $104.24 and a 1-year high of $174.32.

Hedge Funds Weigh In On Raymond James

Hedge funds have recently modified their holdings of the business. Mather Group LLC. raised its position in Raymond James by 12.4% in the 1st quarter. Mather Group LLC. now owns 1,880 shares of the financial services provider's stock valued at $261,000 after purchasing an additional 207 shares during the last quarter. Red Door Wealth Management LLC purchased a new stake in shares of Raymond James in the first quarter valued at about $453,000. New Wave Wealth Advisors LLC purchased a new stake in shares of Raymond James in the first quarter valued at about $489,000. Amalgamated Bank grew its holdings in shares of Raymond James by 4.3% during the first quarter. Amalgamated Bank now owns 36,858 shares of the financial services provider's stock worth $5,120,000 after buying an additional 1,533 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Raymond James by 0.8% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 468,343 shares of the financial services provider's stock valued at $65,058,000 after acquiring an additional 3,691 shares during the period. 83.83% of the stock is currently owned by hedge funds and other institutional investors.

Raymond James Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Tuesday, April 1st. Raymond James's dividend payout ratio is currently 19.25%.

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.

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