Raymond James Financial, Inc. (RJF)

NYSE: RJF · IEX Real-Time Price · USD
122.47
+0.60 (0.49%)
Apr 17, 2024, 3:33 PM EDT - Market open
0.49%
Market Cap 25.58B
Revenue (ttm) 11.85B
Net Income (ttm) 1.72B
Shares Out 209.03M
EPS (ttm) 7.98
PE Ratio 15.34
Forward PE 12.41
Dividend $1.80 (1.47%)
Ex-Dividend Date Mar 28, 2024
Volume 621,393
Open 123.44
Previous Close 121.87
Day's Range 121.88 - 124.03
52-Week Range 82.00 - 131.19
Beta 1.04
Analysts Hold
Price Target 120.00 (-2.02%)
Earnings Date Apr 29, 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]

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

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for RJF stock is "Hold." The 12-month stock price forecast is $120.0, which is a decrease of -2.02% from the latest price.

Price Target
$120.0
(-2.02% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

4 weeks 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...

4 weeks 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.

5 weeks ago - Market Watch

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...

7 weeks ago - GlobeNewsWire

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.

2 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...

2 months ago - GlobeNewsWire

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...

3 months ago - Business Wire

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...

Other symbols: KRE
4 months ago - Market Watch

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...

4 months ago - GlobeNewsWire

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.

6 months ago - CNBC Television

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...

6 months ago - GlobeNewsWire

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...

Other symbols: JPM
6 months ago - Investopedia

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.

Other symbols: JPM
6 months ago - PRNewsWire

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.

7 months ago - Investopedia

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.

Other symbols: XLF
7 months ago - Market Watch

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.

Other symbols: SF
7 months ago - Market Watch

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...

8 months ago - GuruFocus

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...

8 months ago - GlobeNewsWire

Final Trades: Align Technology, Alibaba & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ALGNBABAIEO
8 months ago - CNBC Television

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...

9 months ago - GlobeNewsWire

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...

9 months ago - Newsfile Corp

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...

10 months ago - Market Watch

AI Is a Game Changer. 10 Stocks That Could Be Winners—and 6 That Could Be Losers.

Silicon Valley names have gotten the attention, but there are lots of other companies that are using the technology in their operations.

Other symbols: ADBEKOLPLAMAPEPSCHWSF
10 months ago - Barrons

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 ...

11 months ago - GuruFocus

Here are the top 10 Wall Street research firms of the past decade, according to TipRanks

TipRanks' analyst ranking service ranks the top Wall Street firms of the past decade

Other symbols: DBJEFSFTFC
1 year ago - CNBC