Raymond James FY2025 EPS Estimate Raised by Seaport Res Ptn

Raymond James (NYSE:RJF) – Analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for shares of Raymond James in a research note issued to investors on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $10.30 per share for the year, up from their prior estimate of $10.25. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q4 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.88 EPS, Q2 2026 earnings at $2.70 EPS, Q3 2026 earnings at $2.76 EPS, Q4 2026 earnings at $3.12 EPS and FY2026 earnings at $11.45 EPS.

RJF has been the subject of several other reports. UBS Group upgraded shares of Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Jefferies Financial Group increased their target price on Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a report on Friday, October 4th. Bank of America lifted their price target on Raymond James from $136.00 to $152.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Morgan Stanley increased their price objective on Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 29th. Finally, The Goldman Sachs Group upgraded shares of Raymond James from a “neutral” rating to a “buy” rating and raised their target price for the stock from $161.00 to $185.00 in a report on Monday, January 6th. Nine analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $156.18.

Raymond James Price Performance

Shares of Raymond James stock opened at $154.41 on Friday. The stock has a market capitalization of $31.51 billion, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.91 and a beta of 1.02. The company has a fifty day moving average of $160.03 and a 200-day moving average of $135.22. Raymond James has a 52-week low of $104.24 and a 52-week high of $171.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.02.

Raymond James (NYSE:RJF) last released its earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.32 billion. Raymond James had a return on equity of 19.30% and a net margin of 13.86%. Raymond James’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.13 EPS.

Hedge Funds Weigh In On Raymond James

Several large investors have recently modified their holdings of RJF. Wealth Enhancement Advisory Services LLC increased its stake in Raymond James by 2.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 39,128 shares of the financial services provider’s stock valued at $6,078,000 after purchasing an additional 769 shares in the last quarter. Bank of New Hampshire grew its holdings in shares of Raymond James by 99,290.0% during the fourth quarter. Bank of New Hampshire now owns 9,939 shares of the financial services provider’s stock valued at $1,544,000 after buying an additional 9,929 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Raymond James by 2.4% during the fourth quarter. Nordea Investment Management AB now owns 16,667 shares of the financial services provider’s stock valued at $2,598,000 after acquiring an additional 389 shares in the last quarter. GAMMA Investing LLC raised its holdings in Raymond James by 78.0% in the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the financial services provider’s stock worth $413,000 after acquiring an additional 1,166 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Raymond James by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,544,610 shares of the financial services provider’s stock valued at $556,533,000 after acquiring an additional 488,245 shares in the last quarter. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Insider Buying and Selling at Raymond James

In related news, insider Tashtego S. Elwyn sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $159.47, for a total transaction of $1,594,700.00. Following the completion of the transaction, the insider now owns 32,688 shares of the company’s stock, valued at $5,212,755.36. This trade represents a 23.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Paul C. Reilly sold 50,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $167.30, for a total value of $8,365,000.00. Following the completion of the sale, the chief executive officer now directly owns 283,110 shares in the company, valued at $47,364,303. This trade represents a 15.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 64,621 shares of company stock valued at $10,729,488. 9.74% of the stock is currently owned by company insiders.

Raymond James Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be issued a $0.50 dividend. This is an increase from Raymond James’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 1.30%. Raymond James’s dividend payout ratio is 20.60%.

About Raymond James

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.