Zacks Research Reduces Earnings Estimates for Raymond James

Raymond James (NYSE:RJF) – Investment analysts at Zacks Research lowered their FY2025 earnings per share estimates for shares of Raymond James in a research report issued on Monday, March 17th. Zacks Research analyst R. Department now expects that the financial services provider will earn $10.98 per share for the year, down from their previous estimate of $11.00. The consensus estimate for Raymond James’ current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James’ Q4 2025 earnings at $2.89 EPS and Q3 2026 earnings at $2.99 EPS.

Several other analysts have also recently issued reports on the company. Morgan Stanley increased their price objective on Raymond James from $149.00 to $161.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods increased their price target on Raymond James from $170.00 to $177.00 and gave the company a “market perform” rating in a research report on Thursday, January 30th. Wells Fargo & Company boosted their price objective on Raymond James from $168.00 to $176.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. The Goldman Sachs Group raised shares of Raymond James from a “neutral” rating to a “buy” rating and raised their target price for the company from $161.00 to $185.00 in a report on Monday, January 6th. Finally, JMP Securities boosted their price target on shares of Raymond James from $175.00 to $190.00 and gave the stock a “market outperform” rating in a report on Thursday, January 30th. Nine investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $167.55.

Raymond James Price Performance

Raymond James stock opened at $141.35 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.35. Raymond James has a 52-week low of $104.24 and a 52-week high of $174.32. The firm has a market cap of $28.96 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.90 and a beta of 1.04. The company’s 50 day moving average is $156.76 and its two-hundred day moving average is $149.29.

Raymond James (NYSE:RJF) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.62 by $0.31. Raymond James had a net margin of 14.06% and a return on equity of 19.71%.

Institutional Trading of Raymond James

A number of large investors have recently made changes to their positions in RJF. Assetmark Inc. increased its holdings in shares of Raymond James by 43.8% in the 4th quarter. Assetmark Inc. now owns 453 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 138 shares during the period. Raymond James Financial Inc. acquired a new position in Raymond James in the fourth quarter valued at $105,701,000. Franklin Resources Inc. raised its holdings in shares of Raymond James by 1.6% in the third quarter. Franklin Resources Inc. now owns 568,070 shares of the financial services provider’s stock valued at $73,940,000 after buying an additional 9,217 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of Raymond James during the fourth quarter worth about $511,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Raymond James during the third quarter worth about $3,561,000. 83.83% of the stock is owned by institutional investors and hedge funds.

Raymond James Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.50 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $2.00 annualized dividend and a yield of 1.41%. Raymond James’s dividend payout ratio is presently 19.51%.

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.