Raymond James FY2025 EPS Estimate Boosted by Seaport Res Ptn

Raymond James (NYSE:RJF - Free Report) - Stock analysts at Seaport Res Ptn boosted their FY2025 earnings per share estimates for shares of Raymond James in a report issued on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings of $10.30 per share for the year, up from their previous estimate of $10.25. The consensus estimate for Raymond James' current full-year earnings is $10.85 per share. Seaport Res Ptn also issued estimates for Raymond James' Q4 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.88 EPS, Q2 2026 earnings at $2.70 EPS, Q3 2026 earnings at $2.76 EPS, Q4 2026 earnings at $3.12 EPS and FY2026 earnings at $11.45 EPS.

Raymond James (NYSE:RJF - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 EPS for the quarter, beating the consensus estimate of $2.41 by $0.54. The firm had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.32 billion. Raymond James had a net margin of 13.86% and a return on equity of 19.30%. Raymond James's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS.

A number of other research analysts have also issued reports on RJF. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $166.00 target price (up previously from $151.00) on shares of Raymond James in a report on Tuesday. TD Cowen raised their price objective on shares of Raymond James from $128.00 to $150.00 and gave the company a "hold" rating in a research report on Wednesday, October 30th. Jefferies Financial Group increased 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. JMP Securities upped their price target on Raymond James from $146.00 to $150.00 and gave the stock a "market outperform" rating in a report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods boosted their target price on Raymond James from $143.00 to $170.00 and gave the stock a "market perform" rating in a research report on Friday, December 20th. Nine 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 company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $156.18.

Raymond James Stock Performance

Shares of RJF traded down $4.97 during mid-day trading on Friday, hitting $154.41. 1,189,221 shares of the company's stock were exchanged, compared to its average volume of 1,006,170. The firm has a market capitalization of $31.51 billion, a P/E ratio of 15.90, a P/E/G ratio of 0.91 and a beta of 1.02. Raymond James has a fifty-two week low of $104.24 and a fifty-two week high of $171.38. The business's 50 day moving average is $159.83 and its two-hundred day moving average is $134.90. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37.

Institutional Trading of Raymond James

A number of hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Raymond James by 31.4% in the third quarter. Wellington Management Group LLP now owns 12,114,502 shares of the financial services provider's stock worth $1,483,542,000 after buying an additional 2,898,242 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Raymond James by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 4,544,610 shares of the financial services provider's stock worth $556,533,000 after purchasing an additional 488,245 shares during the last quarter. Ceredex Value Advisors LLC lifted its position in shares of Raymond James by 191.3% in the 3rd quarter. Ceredex Value Advisors LLC now owns 722,393 shares of the financial services provider's stock worth $88,464,000 after buying an additional 474,443 shares during the last quarter. Two Sigma Advisers LP acquired a new position in shares of Raymond James in the 3rd quarter valued at about $34,105,000. Finally, Worldquant Millennium Advisors LLC acquired a new position in Raymond James in the third quarter valued at approximately $28,985,000. Hedge funds and other institutional investors own 83.83% of the company's stock.

Insider Activity at Raymond James

In related news, insider Tashtego S. Elwyn sold 10,000 shares of Raymond James stock in a transaction on 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 owns 32,688 shares in the company, valued at approximately $5,212,755.36. The trade was a 23.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bella Loykhter Allaire sold 3,451 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $165.62, for a total value of $571,554.62. Following the completion of the sale, the insider now owns 80,421 shares of the company's stock, valued at approximately $13,319,326.02. This represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 64,621 shares of company stock worth $10,729,488. 9.74% of the stock is owned by company insiders.

Raymond James Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is a boost from Raymond James's previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 1.30%. Raymond James's dividend payout ratio (DPR) is currently 20.60%.

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.