Raymond James Financial, Inc. (RJF)

NYSE: RJF · Real-Time Price · USD
162.18
-0.44 (-0.27%)
At close: Nov 20, 2024, 4:00 PM
164.68
+2.50 (1.54%)
Pre-market: Nov 21, 2024, 4:19 AM EST
-0.27%
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]

Sector Financials
Founded 1962
Employees 18,000
Stock Exchange NYSE
Ticker Symbol RJF
Full Company Profile

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 Statements

Analyst 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.

Price Target
$138.58
(-14.55% downside)
Analyst Consensus: Hold
Stock Forecasts

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.

27 days ago - CNBC Television

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - GlobeNewsWire

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.

Other symbols: HDAFRMLUVNCLH
6 weeks ago - Benzinga

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...

2 months ago - Seeking Alpha

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 ...

3 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

Other symbols: BKHDLOWNVDASWKS
4 months ago - Market Watch

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...

4 months ago - Seeking Alpha

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...

Other symbols: BACCJPMLPLASCHWSTTWFC
4 months ago - Market Watch

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...

6 months ago - Business Wire

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.

6 months ago - Reuters

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...

6 months ago - GlobeNewsWire

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...

7 months ago - Yahoo Finance

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 ...

7 months ago - Seeking Alpha

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

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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.

8 months ago - WSJ

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...

8 months ago - GlobeNewsWire

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.

9 months ago - Market Watch

Raymond James Financial, Inc. (RJF) Q1 2024 Earnings Call Transcript

Raymond James Financial, Inc. (RJF) Q1 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

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.

10 months ago - Reuters

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...

10 months ago - GlobeNewsWire