Raymond James Financial, Inc. (RJF)
NYSE: RJF · IEX Real-Time Price · USD
108.62
-2.48 (-2.23%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Raymond James Financial Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for RJF stock have an average target of 128.2, with a low estimate of 113 and a high estimate of 141. The average target predicts an increase of 18.03% from the current stock price of 108.62.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RJF stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 10 | 10 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $138 → $135 | Hold | Maintains | $138 → $135 | +24.29% | Jul 9, 2024 |
| Jefferies | Jefferies | Hold Maintains $122 → $123 | Hold | Maintains | $122 → $123 | +13.24% | Jul 8, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $130 → $133 | Hold | Maintains | $130 → $133 | +22.45% | Jul 8, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 8, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $131 → $126 | Hold | Maintains | $131 → $126 | +16.00% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
13.05B
from 11.62B
Increased by 12.30%
Revenue Next Year
14.04B
from 13.05B
Increased by 7.58%
EPS This Year
9.62
from 7.97
Increased by 20.68%
EPS Next Year
10.27
from 9.62
Increased by 6.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.5B | 15.8B | 16.2B | 15.3B | 16.2B |
| Avg | 13.0B | 14.0B | 15.0B | 14.8B | 15.6B |
| Low | 12.3B | 12.8B | 13.9B | 14.3B | 15.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.5% | 21.1% | 15.5% | 2.6% | 10.0% |
| Avg | 12.3% | 7.6% | 6.5% | -1.3% | 5.8% |
| Low | 5.6% | -1.9% | -0.9% | -4.2% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.36 | 11.92 | 12.08 | 10.82 | 11.66 |
| Avg | 9.62 | 10.27 | 11.18 | 10.40 | 11.21 |
| Low | 9.04 | 9.53 | 10.61 | 10.09 | 10.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.0% | 23.9% | 17.5% | -3.3% | 12.0% |
| Avg | 20.7% | 6.8% | 8.9% | -7.0% | 7.8% |
| Low | 13.4% | -1.0% | 3.3% | -9.8% | 4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.