Raymond James Financial (RJF) Stock Overview
A diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
RJF Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Raymond James Financial, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$146.75 |
| 52 Week High | US$177.66 |
| 52 Week Low | US$138.82 |
| Beta | 1.0 |
| 1 Month Change | -6.05% |
| 3 Month Change | -6.00% |
| 1 Year Change | 0.45% |
| 3 Year Change | 54.65% |
| 5 Year Change | 67.23% |
| Change since IPO | 47,803.98% |
Recent News & Updates
Seeking Alpha • May 02
Raymond James Continues To Be An Investment-Grade Buying Opportunity
Summary Raymond James Financial is upgraded to a strong buy, driven by robust growth, earnings momentum, low leverage, and compelling valuation. RJF's growth is fueled by advisor network expansion, strong net inflows, and the Clark Capital acquisition, supporting top-line resilience through market cycles. Improving operating margins, AI-driven efficiencies, and consensus EPS growth of 11-12% YoY underpin a bullish earnings outlook, despite interest expense headwinds. RJF offers a standout dividend growth profile (+44% annual), low payout ratio (<20%), and remains undervalued at 13x forward P/E, with a $176 price target (+12.7% upside). Read the full article on Seeking Alpha
Narrative Update • Apr 18
RJF: Buybacks And AI Execution Will Support Long Term Earnings Power
Analysts have trimmed their average long term price target on Raymond James Financial by about $12 to approximately $171. This reflects updated assumptions for slightly lower revenue growth, a modestly higher discount rate, and a somewhat lower future P/E multiple, in line with several recent target cuts across the Street.Recent updates
Seeking Alpha • May 02
Raymond James Continues To Be An Investment-Grade Buying Opportunity
Summary Raymond James Financial is upgraded to a strong buy, driven by robust growth, earnings momentum, low leverage, and compelling valuation. RJF's growth is fueled by advisor network expansion, strong net inflows, and the Clark Capital acquisition, supporting top-line resilience through market cycles. Improving operating margins, AI-driven efficiencies, and consensus EPS growth of 11-12% YoY underpin a bullish earnings outlook, despite interest expense headwinds. RJF offers a standout dividend growth profile (+44% annual), low payout ratio (<20%), and remains undervalued at 13x forward P/E, with a $176 price target (+12.7% upside). Read the full article on Seeking AlphaNarrative Update • Apr 18
RJF: Buybacks And AI Execution Will Support Long Term Earnings Power
Analysts have trimmed their average long term price target on Raymond James Financial by about $12 to approximately $171. This reflects updated assumptions for slightly lower revenue growth, a modestly higher discount rate, and a somewhat lower future P/E multiple, in line with several recent target cuts across the Street.Narrative Update • Apr 03
RJF: Buybacks And AI Adoption Will Support Earnings Power Into 2026
The analyst price target for Raymond James Financial has changed to $182.75 from $184.83, as analysts weigh higher and lower recent target revisions along with views on discount rate, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research updates on Raymond James Financial cluster around valuation assumptions, revenue trajectory, and profitability, leading to both higher and lower price targets in a short span of time.Narrative Update • Mar 19
RJF: Buybacks And AI Initiatives Will Support Earnings Power Into 2026
Analysts have raised their average price target on Raymond James Financial by $15, reflecting updated assumptions around the firm's discount rate and future P/E, based on a mix of new coverage initiations as well as both upward and downward target revisions in recent research. Analyst Commentary Recent research on Raymond James Financial reflects a mix of optimism and caution, with some firms lifting price targets and others trimming them, as new coverage initiations feed into the overall view on valuation and execution risk.Narrative Update • Mar 04
RJF: Buybacks And AI Adoption Will Shape Earnings Power Into 2026
Narrative Update: Raymond James Financial The updated analyst price target for Raymond James Financial reflects a modest shift in valuation assumptions, with small adjustments to the discount rate, revenue growth, profit margin, and forward P/E inputs as analysts synthesize mixed recent research that includes both higher and lower target revisions alongside a new bullish initiation. Analyst Commentary Recent Street research on Raymond James Financial reflects a mix of optimism and caution, with multiple firms revisiting their price targets and one new bullish initiation.Narrative Update • Feb 18
RJF: Buybacks And Capital Returns Will Shape Earnings Power Into 2026
Analysts have adjusted their price targets on Raymond James Financial, with a net move of $9. This reflects updated assumptions around the discount rate and a slightly higher future P/E multiple.Narrative Update • Feb 03
RJF: Buybacks And AI Execution Will Shape Earnings Power Into 2026
Analysts have nudged their fair value estimate for Raymond James Financial higher to about $185 per share, reflecting updated views on growth, margins, and a slightly richer future P/E multiple that align with recent shifts in Street price targets. Analyst Commentary Recent Street research around Raymond James Financial has been active, with several price target changes and a fresh initiation shaping how analysts frame the risk reward profile.Narrative Update • Jan 20
RJF: Buybacks And Capital Markets Momentum Will Shape Earnings Power Into 2026
The Raymond James Financial analyst price target edges slightly lower, with our fair value estimate nudging down by about $0.73 to $182.82, as analysts factor in modestly higher modeled revenue growth alongside slightly softer profit margin assumptions and a marginally higher forward P/E. Analyst Commentary Recent Street research on Raymond James Financial points to a generally constructive view, with several firms lifting price targets following quarterly results and model updates.Narrative Update • Jan 06
RJF: Share Repurchases And Business Momentum Will Support Earnings Power Into 2026
Narrative Update on Raymond James Financial The Raymond James Financial analyst price target nudged higher by about $0.27 to roughly $183.55 as analysts factored in slightly adjusted fair value and discount rate assumptions, supported by recent model updates following quarterly results and generally constructive commentary on capital return, organic growth, and business momentum across segments. Analyst Commentary Recent Street research on Raymond James Financial clusters around modestly higher price targets and a generally constructive tone on execution, capital return, and near term growth drivers, with some caution on the durability of current activity levels.Narrative Update • Dec 15
RJF: Share Repurchases Will Support Earnings Power Into 2026
Analysts modestly raised their blended price target on Raymond James Financial to approximately $183.27 from about $183.80, as they factor in slightly lower revenue growth assumptions but better than previously expected profitability, driven by resilient transactional activity, improved organic growth in the Private Client Group, and continued capital returns. Analyst Commentary Recent Street research reflects a generally constructive stance on Raymond James Financial, with most firms nudging price targets higher while keeping ratings clustered around Neutral and Market Perform.Analysis Article • Dec 07
Raymond James Financial's (NYSE:RJF) Dividend Will Be Increased To $0.54
Raymond James Financial, Inc.'s ( NYSE:RJF ) dividend will be increasing from last year's payment of the same period to...Narrative Update • Dec 01
RJF: Share Repurchases And Pipeline Momentum Will Drive Upside Into 2026
Raymond James Financial's analyst price target moved slightly lower to $183.80 from $184.50. Analysts factored in moderated revenue growth and higher discount rates, while optimism around improved organic growth, ongoing share repurchases, and positive business momentum helped offset these factors.Narrative Update • Nov 17
RJF: Share Repurchases And Deal Pipeline Will Drive Upside Into 2026
Analysts have modestly increased their price target for Raymond James Financial to $184.50. This slight upward revision is supported by recent positive quarterly results and ongoing strength across the company's business segments.Narrative Update • Nov 02
RJF: Private Client Group Momentum And Share Buybacks Will Drive Returns
Analysts have raised their price target for Raymond James Financial from $179.75 to $184.42, citing improved revenue growth and profit margin expectations following recent quarterly performance and positive business momentum. Analyst Commentary Recent street research on Raymond James Financial reflects a mix of optimism and caution among analysts, with several price target adjustments following the latest quarterly results.Narrative Update • Oct 18
New Advisor Hires And AI Will Shape Future Success
Raymond James Financial's analyst price target has been raised from $175.83 to $179.75, as analysts cite improved market sentiment, resilient trading activity, and stronger asset flows that support the company's outlook. Analyst Commentary Recent analyst updates on Raymond James Financial present a nuanced outlook, highlighting both areas of strength and potential challenges for the company.Narrative Update • Oct 04
New Advisor Hires And AI Will Shape Future Success
Raymond James Financial's analyst price target has edged higher from $173.27 to $175.83. Analysts cite disciplined advisor recruitment and higher assets under management, balanced against a slower growth outlook and elevated valuations.Analysis Article • Jun 18
We Ran A Stock Scan For Earnings Growth And Raymond James Financial (NYSE:RJF) Passed With Ease
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Seeking Alpha • Apr 21
Raymond James: Anticipating Slower Growth And More Active Cash Management (Rating Downgrade)
Summary My rating for Raymond James is lowered to a Hold; I have considered its unfavorable financial expectations and potential shareholder value enhancement initiatives. RJF's Q2FY25 revenue and EPS are projected to grow by 9% and 7%, respectively, which will be inferior to what it achieved for the first quarter. But the company could have opportunities to deploy capital in uncertain times; these include cheap business acquisitions or accretive share repurchases. Read the full article on Seeking AlphaSeeking Alpha • Nov 29
Raymond James: Fully Priced As Investors Dollars Pour Into U.S. Stocks
Summary Asset managers are thriving with record US equity inflows and stabilized bond markets, providing favorable conditions for investors. Raymond James Financial posted strong Q4 results, with record client assets and significant revenue and EPS beats, yet trades at a premium. Despite robust fundamentals, RJF's valuation appears slightly overvalued, with potential risks from cost-conscious investors and market volatility. Technical analysis suggests RJF has more upside potential, targeting $180, but caution is advised due to possible downside gaps and valuation concerns. Read the full article on Seeking AlphaSeeking Alpha • Sep 10
Raymond James: Undervalued Opportunity To Buy Profitable Asset Manager And Wealth Advisor
Summary Signs of market undervaluation after the summer downgrade from Wolfe Research present potential to buy below the 200-day SMA. Proven YoY revenue and earnings growth along with future analyst EPS growth forecast, driven by AUA and fee-driven business. Tier 1 capital is well above regulatory minimums, and CRE loan exposure is part of a large and diversified asset portfolio. Dividend stability and growth have been proven in the last 5 years, and we are expecting continued sustainability and growth looking ahead. Read the full article on Seeking AlphaShareholder Returns
| RJF | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -3.5% | 0.5% | 1.2% |
| 1Y | 0.5% | 9.3% | 27.0% |
Return vs Industry: RJF underperformed the US Capital Markets industry which returned 10.7% over the past year.
Return vs Market: RJF underperformed the US Market which returned 28.2% over the past year.
Price Volatility
| RJF volatility | |
|---|---|
| RJF Average Weekly Movement | 3.5% |
| Capital Markets Industry Average Movement | 3.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: RJF has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RJF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1962 | 19,500 | Paul Shoukry | www.raymondjames.com |
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services.
Raymond James Financial, Inc. Fundamentals Summary
| RJF fundamental statistics | |
|---|---|
| Market cap | US$28.42b |
| Earnings (TTM) | US$2.14b |
| Revenue (TTM) | US$14.72b |
13.4x
P/E Ratio1.9x
P/S RatioIs RJF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RJF income statement (TTM) | |
|---|---|
| Revenue | US$14.72b |
| Cost of Revenue | US$1.03b |
| Gross Profit | US$13.70b |
| Other Expenses | US$11.56b |
| Earnings | US$2.14b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 22, 2026
| Earnings per share (EPS) | 10.98 |
| Gross Margin | 93.03% |
| Net Profit Margin | 14.54% |
| Debt/Equity Ratio | 44.1% |
How did RJF perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield19%
Payout RatioDoes RJF pay a reliable dividends?
See RJF dividend history and benchmarks| Raymond James Financial dividend dates | |
|---|---|
| Ex Dividend Date | Jul 01 2026 |
| Dividend Pay Date | Jul 15 2026 |
| Days until Ex dividend | 28 days |
| Days until Dividend pay date | 42 days |
Does RJF pay a reliable dividends?
See RJF dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 07:17 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Raymond James Financial, Inc. is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Heal | Argus Research Company |
| Benjamin Budish | Barclays |
| Chinedu Bolu | Bernstein |