Raymond James Financial, Inc. (RJF)
Market Cap | 25.24B |
Revenue (ttm) | 11.85B |
Net Income (ttm) | 1.72B |
Shares Out | 209.03M |
EPS (ttm) | 7.98 |
PE Ratio | 15.16 |
Forward PE | 12.47 |
Dividend | $1.80 (1.49%) |
Ex-Dividend Date | Mar 28, 2024 |
Volume | 917,791 |
Open | 120.88 |
Previous Close | 120.76 |
Day's Range | 120.60 - 121.42 |
52-Week Range | 82.00 - 122.40 |
Beta | 1.05 |
Analysts | Hold |
Price Target | 117.00 (-3.27%) |
Earnings Date | Apr 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 10 analysts, the average rating for RJF stock is "Hold." The 12-month stock price forecast is $117.0, which is a decrease of -3.27% from the latest price.
News
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 Declares Quarterly Dividends on Common and Preferred Stock
ST. PETERSBURG, Fla., Feb. 23, 2024 (GLOBE NEWSWIRE) -- On February 23, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its commo...
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...
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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...
ReGen III Adds Raymond James & Associates, Inc. As Co-Advisor
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce that further to the Company...
Massachusetts fines Raymond James for charging ‘unreasonably high fees'
William F. Galvin, the Secretary of the Commonwealth of Massachusetts, ordered Raymond James Financial Services, Inc. RJF, +0.71% to return $8.25 million plus interest to customers who were charged “u...
Raymond James: Solid, Profitable and Undervalued
In just six months and a few days, the share price of Raymond James Financial Inc. ( RJF , Financial) fell 30.45%. On Nov. 10, 2022, it hit an all-time high of $123.98, and by the close on May 16, it ...
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Raymond James Financial Reports Second Quarter of Fiscal 2023 Results
Raymond James Financial, Inc. (NYSE: RJF) today reported record net revenues of $2.87 billion and net income available to common shareholders of $425 million, or $1.93 per diluted share, for the fisca...
ReGen III Engages Raymond James
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce the engagement of Raymond ...