Q1 EPS Estimates for Raymond James Boosted by Zacks Research

Raymond James (NYSE:RJF) – Equities research analysts at Zacks Research increased their Q1 2025 EPS estimates for shares of Raymond James in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $2.72 per share for the quarter, up from their previous estimate of $2.69. The consensus estimate for Raymond James’ current full-year earnings is $10.99 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.53 EPS, Q4 2025 earnings at $2.84 EPS, FY2025 earnings at $10.69 EPS, Q1 2026 earnings at $2.76 EPS, Q2 2026 earnings at $2.78 EPS, Q3 2026 earnings at $2.94 EPS, Q4 2026 earnings at $2.96 EPS, FY2026 earnings at $11.44 EPS, Q1 2027 earnings at $2.94 EPS and FY2027 earnings at $11.96 EPS.

Several other equities research analysts have also recently issued reports on RJF. UBS Group upgraded Raymond James from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Citigroup raised their price target on Raymond James from $145.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. JMP Securities upped their price objective on shares of Raymond James from $146.00 to $150.00 and gave the company a “market outperform” rating in a research note on Thursday, October 24th. Morgan Stanley raised their target price on shares of Raymond James from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 29th. Finally, The Goldman Sachs Group upgraded shares of Raymond James from a “neutral” rating to a “buy” rating and boosted their target price for the company from $161.00 to $185.00 in a report on Monday, January 6th. Nine research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $156.09.

Raymond James Stock Up 3.1 %

RJF stock opened at $161.55 on Thursday. The company has a 50 day moving average price of $160.42 and a two-hundred day moving average price of $135.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.02. The stock has a market capitalization of $33.01 billion, a P/E ratio of 16.64, a PEG ratio of 0.89 and a beta of 1.02. Raymond James has a one year low of $104.24 and a one year high of $171.38.

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

Institutional Trading of Raymond James

A number of hedge funds have recently made changes to their positions in the company. Wolff Wiese Magana LLC boosted its stake in shares of Raymond James by 3,960.0% in the third quarter. Wolff Wiese Magana LLC now owns 203 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 198 shares during the period. Quarry LP acquired a new position in Raymond James in the 2nd quarter worth $29,000. Future Financial Wealth Managment LLC purchased a new position in Raymond James in the 3rd quarter valued at about $32,000. Gladius Capital Management LP acquired a new stake in shares of Raymond James during the third quarter valued at about $34,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Raymond James during the third quarter worth about $37,000. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Insider Buying and Selling

In related news, insider Tashtego S. Elwyn sold 10,000 shares of the firm’s stock in a transaction dated 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 sale, the insider now directly owns 32,688 shares in the company, valued at approximately $5,212,755.36. This trade represents a 23.43 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bella Loykhter Allaire sold 3,451 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $165.62, for a total value of $571,554.62. Following the transaction, the insider now directly owns 80,421 shares in the company, valued at $13,319,326.02. This trade represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 64,621 shares of company stock valued at $10,729,488. Company insiders own 0.54% of the company’s stock.

Raymond James Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be issued a dividend of $0.50 per share. This is a positive change 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 annualized dividend and a dividend yield of 1.24%. Raymond James’s payout ratio is presently 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.