Q1 EPS Estimates for Raymond James Lifted by Seaport Res Ptn

Raymond James (NYSE:RJF) – Research analysts at Seaport Res Ptn raised their Q1 2025 earnings per share estimates for Raymond James in a research report issued to clients and investors on Thursday, October 24th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $2.70 per share for the quarter, up from their prior forecast of $2.65. The consensus estimate for Raymond James’ current full-year earnings is $10.32 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q2 2025 earnings at $2.36 EPS, FY2025 earnings at $10.25 EPS, Q2 2026 earnings at $2.67 EPS, Q3 2026 earnings at $2.74 EPS and FY2026 earnings at $11.30 EPS.

A number of other equities analysts also recently issued reports on RJF. Wolfe Research reiterated a “peer perform” rating on shares of Raymond James in a research note on Monday, July 8th. Bank of America lifted their target price on Raymond James from $136.00 to $152.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. The Goldman Sachs Group increased their price target on Raymond James from $125.00 to $142.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. TD Cowen lifted their price objective on shares of Raymond James from $130.00 to $133.00 and gave the stock a “hold” rating in a report on Monday, July 8th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Raymond James from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Thursday, July 25th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $139.36.

Raymond James Trading Up 0.6 %

NYSE:RJF opened at $149.02 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.02 and a quick ratio of 0.99. Raymond James has a one year low of $93.91 and a one year high of $149.54. The company has a market cap of $30.69 billion, a PE ratio of 15.35, a PEG ratio of 0.76 and a beta of 1.02. The firm has a 50-day moving average of $125.55 and a 200-day moving average of $121.63.

Raymond James (NYSE:RJF) last released its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.54. Raymond James had a net margin of 13.86% and a return on equity of 19.61%. The firm had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the company posted $2.13 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis.

Raymond James Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Tuesday, October 1st. Raymond James’s payout ratio is 18.54%.

Insider Activity

In related news, CEO Tashtego S. Elwyn sold 31,277 shares of Raymond James stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $109.64, for a total value of $3,429,210.28. Following the sale, the chief executive officer now owns 35,380 shares of the company’s stock, valued at approximately $3,879,063.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 9.74% of the company’s stock.

Institutional Investors Weigh In On Raymond James

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp bought a new position in Raymond James during the third quarter worth about $2,574,000. Ceredex Value Advisors LLC lifted its stake in shares of Raymond James by 191.3% during the 3rd quarter. Ceredex Value Advisors LLC now owns 722,393 shares of the financial services provider’s stock valued at $88,464,000 after buying an additional 474,443 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its holdings in Raymond James by 9.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 9,861 shares of the financial services provider’s stock worth $1,208,000 after buying an additional 845 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. grew its stake in Raymond James by 1.1% in the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 284,168 shares of the financial services provider’s stock valued at $34,799,000 after buying an additional 3,219 shares in the last quarter. Finally, US Bancorp DE grew its stake in Raymond James by 1.9% in the 3rd quarter. US Bancorp DE now owns 72,947 shares of the financial services provider’s stock valued at $8,933,000 after buying an additional 1,393 shares in the last quarter. 83.83% of the stock is currently owned by institutional investors.

Raymond James Company Profile

Raymond James Financial, Inc, a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments.