Raymond James Financial, Inc. (RJF)
Market Cap | 32.97B |
Revenue (ttm) | 12.78B |
Net Income (ttm) | 2.06B |
Shares Out | 203.30M |
EPS (ttm) | 9.70 |
PE Ratio | 16.72 |
Forward PE | 15.55 |
Dividend | $1.80 (1.11%) |
Ex-Dividend Date | Oct 1, 2024 |
Volume | 580,324 |
Open | 162.83 |
Previous Close | 162.62 |
Day's Range | 160.53 - 162.83 |
52-Week Range | 102.42 - 164.33 |
Beta | 1.00 |
Analysts | Hold |
Price Target | 138.58 (-14.55%) |
Earnings Date | Oct 23, 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 2024, Raymond James Financial's revenue was $12.78 billion, an increase of 11.00% compared to the previous year's $11.51 billion. Earnings were $2.06 billion, an increase of 19.16%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RJF stock is "Hold." The 12-month stock price forecast is $138.58, which is a decrease of -14.55% from the latest price.
News
Raymond James CEO: M&A pipeline is returning
Paul Reilly, Raymond James CEO, joins 'Money Movers' to discuss the M&A pipeline buildup, why the pipeline appears to be refilling, and much more.
Raymond James Financial, Inc. (RJF) Q4 2024 Earnings Call Transcript
Raymond James Financial, Inc. (NYSE:RJF) Q4 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Kristie Waugh - Senior Vice President, Investor Relations & FP&A Paul Reilly...
Raymond James Financial Reports Fiscal Fourth Quarter and Fiscal 2024 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported record net revenues of $3.46 billion and net income available to common shareholders of $601 million, or $2.86 per diluted share, for the fisca...
This Home Depot Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Raymond James: Undervalued Opportunity To Buy Profitable Asset Manager And Wealth Advisor
Signs of market undervaluation after the summer downgrade from Wolfe Research present potential to buy below the 200-day SMA. Proven YoY revenue and earnings growth along with future analyst EPS growt...
Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock
ST. PETERSBURG, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- On August 21, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common ...
Raymond James: Ignore Schwab Earnings, Bank Is Solid
Charles Schwab shares dropped 9% after a disappointing quarterly report, announcing a shift to rely more on third-party banks for capital and funding risks. This caused Raymond James Financial, Inc. s...
Raymond James Financial, Inc. (RJF) Q3 2024 Earnings Call Transcript
Raymond James Financial, Inc. (NYSE:RJF) Q3 2024 Earnings Conference Call July 24, 2024 5:00 PM ET Company Participants Kristie Waugh - Senior Vice President, Investor Relations and FP&A Paul Reilly ...
Raymond James Financial Reports Fiscal Third Quarter of 2024 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.23 billion and net income available to common shareholders of $491 million, or $2.31 per diluted share, for the fiscal third...
UBS recommends these options trades to sponge off rival earnings reports
One of the features of this stock-market run, which on Wednesday carried the S&P 500 SPX to its 37th record high of the year, is just how much complacency there is, as measured by low readings of impl...
Raymond James: Staying Positive Considering Capital Allocation And Upcoming Results
RJF has excess capital for M&A and dividends based on a comparison of its actual Tier 1 leverage ratio of 12.3% and the company's 10% target. RJF's Q3 FY 2024 results are expected to meet or exceed Wa...
JPMorgan downgraded on valuation, while Bank of America shines as top pick: analyst
JPMorgan Chase & Co. on Monday drew a downgrade to peer perform while Bank of America Corp. was highlighted as a top pick at Wolfe Research before the big banks deliver profit updates in the coming da...
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: Still Bullish Considering In-Line Results And Positive Outlook
Raymond James Financial's Q2 FY 2024 results met expectations, with revenue growing and normalized EPS growing by +9% YoY and +14% YoY, respectively. RJF's Q3 FY 2024 prospects are favorable based on ...
Raymond James Financial, Inc. (RJF) Q2 2024 Earnings Call Transcript
Raymond James Financial, Inc. (NYSE:RJF) Q2 2024 Results Earnings Conference Call April 24, 2024 5:00 PM ET
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 Financial, Inc. (RJF) Q1 2024 Earnings Call Transcript
Raymond James Financial, Inc. (RJF) Q1 2024 Earnings Call Transcript
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...