Raymond James Financial, Inc. (RJF)
NYSE: RJF · Real-Time Price · USD
122.52
-2.58 (-2.06%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Raymond James Financial Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for RJF stock have an average target of 129.91, with a low estimate of 113 and a high estimate of 141. The average target predicts an increase of 6.03% from the current stock price of 122.52.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RJF stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 10 | 10 | 10 | 10 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $127 → $125 | Hold | Maintains | $127 → $125 | +2.02% | Sep 26, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $138 | Buy | Initiates | $138 | +12.63% | Sep 12, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $137 → $135 | Buy | Maintains | $137 → $135 | +10.19% | Jul 25, 2024 |
| UBS | UBS | Hold Maintains $138 → $135 | Hold | Maintains | $138 → $135 | +10.19% | Jul 9, 2024 |
| Jefferies | Jefferies | Hold Maintains $122 → $123 | Hold | Maintains | $122 → $123 | +0.39% | Jul 8, 2024 |
Financial Forecast
Revenue This Year
12.80B
from 11.51B
Increased by 11.24%
Revenue Next Year
13.82B
from 12.80B
Increased by 7.91%
EPS This Year
9.62
from 7.97
Increased by 20.67%
EPS Next Year
10.14
from 9.62
Increased by 5.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.4B | 14.6B | 16.2B | ||
| Avg | 12.8B | 13.8B | 14.9B | ||
| Low | 12.4B | 13.0B | 13.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.8% | 13.9% | 17.5% | ||
| Avg | 11.2% | 7.9% | 7.9% | ||
| Low | 7.4% | 1.7% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.14 | 11.54 | 11.95 | ||
| Avg | 9.62 | 10.14 | 10.98 | ||
| Low | 9.13 | 9.11 | 9.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.3% | 20.0% | 17.9% | ||
| Avg | 20.7% | 5.4% | 8.3% | ||
| Low | 14.6% | -5.2% | -2.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.