Raymond James Financial, Inc. (RJF)
| Market Cap | 25.30B |
| Revenue (ttm) | 12.09B |
| Net Income (ttm) | 1.77B |
| Shares Out | 207.28M |
| EPS (ttm) | 8.27 |
| PE Ratio | 14.76 |
| Forward PE | 12.42 |
| Dividend | $1.80 (1.47%) |
| Ex-Dividend Date | Jul 1, 2024 |
| Volume | 765,871 |
| Open | 122.53 |
| Previous Close | 123.20 |
| Day's Range | 121.55 - 123.07 |
| 52-Week Range | 91.67 - 131.19 |
| Beta | 1.02 |
| Analysts | Hold |
| Price Target | 124.90 (+2.31%) |
| Earnings Date | Jul 24, 2024 |
About RJF
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; m... [Read more]
Financial Performance
In 2023, RJF's revenue was $11.62 billion, an increase of 5.60% compared to the previous year's $11.00 billion. Earnings were $1.73 billion, an increase of 15.15%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for RJF stock is "Hold." The 12-month stock price forecast is $124.9, which is an increase of 2.31% from the latest price.
News
Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock
ST. PETERSBURG, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stoc...
Lisa Detanna Named to Barron's 2024 List of Top 100 Financial Advisors
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Lisa Detanna, Private Wealth Advisor, Managing Director of Global Wealth Solutions Group at Raymond James located at 9595 Wilshire Blvd Suite 801. Beverly Hills...
Raymond James partners with Todd Boehly's investment firm for private credit push
Raymond James will partner with billionaire Todd Boehly's investment firm Eldridge Industries to expand into the $1.7 trillion private credit market, mirroring attempts by other banks.
Raymond James Establishes New Private Credit Business
St. Petersburg, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Raymond James is expanding the capabilities of its Investment Banking division by partnering with Eldridge Industries and Raymond James Bank to p...
Raymond James CEO discusses Q2 earnings, path to record client assets
Raymond James Financial (RJF) reported its second-quarter earnings revealing revenue of $3.12 billion, which was up 9% year-over-year, just $10 million shy of quarterly estimates. Inversely, the inves...
Raymond James Financial Reports Fiscal Second Quarter of 2024 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.12 billion and net income available to common shareholders of $474 million, or $2.22 per diluted share, for the fiscal secon...
Raymond James FinancialShuffles Leadership
Raymond James Financial named finance chief Paul Shoukry as the successor to longtime CEO Paul Reilly and made other changes to its leadership team.
Raymond James Financial Names Paul Shoukry President and CEO Successor, Announces Additional Key Leadership Changes
ST. PETERSBURG, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- The Raymond James Financial (NYSE: RJF) Board of Directors announced today that as part of its multi-year succession planning process, effectiv...
Raymond James hires Citi bankers for new public-finance office in Seattle
Raymond James Financial Inc. said Monday it's hiring 10 ex-Citigroup Inc. bankers as the bank broadens its reach in the public-finance business from middle-market deals to larger deals.
Raymond James' Q1 profit rises on capital markets, asset management strength
Raymond James reported a rise in first-quarter adjusted profit on Wednesday, helped by strong performance of its capital markets and asset management businesses.
Raymond James Financial Reports Fiscal First Quarter of 2024 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.01 billion and net income available to common shareholders of $497 million, or $2.32 per diluted share, for the fiscal first...
Velocity Clearing and Raymond James Announce Prime Brokerage Services Referral Agreement
NEW YORK--(BUSINESS WIRE)--Velocity Clearing LLC, a global financial services technology company, today announced it has entered into a Prime Brokerage services referral agreement with Raymond James F...
Raymond James raises dividend to boost yield above 1.7%, sets new $1.5 billion stock buyback program
Shares of Raymond James Financial Inc. RJF, +1.35% tacked on 0.3% in Thursday's after-hours session, after the regional bank raised its quarterly dividend by 7% and set a $1.5 billion stock repurchase...
Raymond James Financial Raises Quarterly Dividends on Common Stock; Increases Common Stock Repurchase Authorization
ST. PETERSBURG, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) -- On November 30, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its commo...
Raymond James CEO Paul Reilly on Q4 earnings
Raymond James CEO Paul Reilly joins 'The Exchange' to discuss their latest earnings, the impact of rising interest rates, and more.
Raymond James Financial Reports Fiscal Fourth Quarter and Fiscal 2023 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported record net revenues of $3.05 billion and net income available to common shareholders of $432 million, or $2.02 per diluted share, for the fisca...
Raymond James Teams with JPMorgan Chase for Tax-Management Technology
Raymond James Financial (RJF) shares advanced more than 2% on Monday as the financial firm struck a deal with JPMorgan Chase (JPM) to use JPMorgan's tax-management technology across its managed accoun...
Raymond James Selects J.P. Morgan Asset Management's 55ip to Enhance its Managed Accounts Platform with Integrated Tax Management Technology
-Industry-first partnership will provide custom, tax-smart management at scale for Raymond James Advisors and their clients. NEW YORK , Oct. 16, 2023 /PRNewswire/ -- J.P.
Raymond James Shares Drop After Reporting a Decline in Client Assets as Stock Prices Fell
Shares of Raymond James Financial (RJF) declined after the financial firm reported a drop in client assets under management (AUM) last month, which it blamed on falling stock prices.
Raymond James is ‘not your grandfather's brokerage' says BofA as it gives buy rating
BofA analyst Mark McLaughlin on Monday initiated coverage of Raymond James Financial with a buy rating and a $122 price target as an overlooked name in the financial services space.
More credit unions expected to acquire chartered banks amid consolidation pressure, M&A lawyer says
A deal lawyer who specializes in credit union acquisitions of small, chartered banks said he sees activity picking up again after a pause during the regional-bank crisis earlier this year.
Raymond James: A Diversified Financial Company
The financial services sector is known for its exposure to credit cycles and economic downturns, which affect almost all areas of the sector. One conservative stalwart in this industry is Raymond Jame...
Raymond James Survey: Investors' Top Priorities for Safeguarding Generational Wealth
ST. PETERSBURG, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Raymond James released the results of its recent survey of investors with half a million dollars or more in investible assets, revealing their p...
Final Trades: Align Technology, Alibaba & more
The "Halftime Report" traders give their top picks to watch for the second half.
Raymond James Financial Reports Third Quarter of Fiscal 2023 Results
ST. PETERSBURG, Fla – Raymond James Financial, Inc. (NYSE: RJF) today reported record net revenues of $2.91 billion and net income available to common shareholders of $369 million, or $1.71 per dilute...