Raymond James Financial, Inc. (RJF)
NYSE: RJF · IEX Real-Time Price · USD
123.60
+1.64 (1.34%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Raymond James Financial Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for RJF stock have an average target of 120, with a low estimate of 108 and a high estimate of 135. The average target predicts a decrease of -2.91% from the current stock price of 123.60.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 7 | 7 | 8 | 8 | 8 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $112 → $132 | Hold | Maintains | $112 → $132 | +6.80% | Apr 11, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 9, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $113 → $123 | Hold | Maintains | $113 → $123 | -0.49% | Apr 9, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $117 → $131 | Hold | Maintains | $117 → $131 | +5.99% | Mar 22, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $106 → $113 | Hold | Maintains | $106 → $113 | -8.58% | Jan 29, 2024 |
Financial Forecast
Revenue This Year
12.79B
from 11.62B
Increased by 10.10%
Revenue Next Year
13.80B
from 12.79B
Increased by 7.89%
EPS This Year
9.81
from 7.97
Increased by 23.14%
EPS Next Year
10.44
from 9.81
Increased by 6.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.5B | 15.2B | 16.4B | 15.8B |
| Avg | 12.8B | 13.8B | 15.1B | 15.2B |
| Low | 12.1B | 12.8B | 14.2B | 14.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.2% | 18.5% | 18.6% | 4.5% |
| Avg | 10.1% | 7.9% | 9.5% | 0.5% |
| Low | 4.1% | - | 3.2% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.55 | 12.04 | 12.21 | 11.66 |
| Avg | 9.81 | 10.44 | 11.29 | 11.21 |
| Low | 9.26 | 9.35 | 10.15 | 10.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 32.4% | 22.7% | 17.0% | 3.2% |
| Avg | 23.1% | 6.3% | 8.2% | -0.7% |
| Low | 16.2% | -4.7% | -2.7% | -3.7% |
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.