Q3 EPS Estimates for Raymond James Boosted by Zacks Research

Raymond James (NYSE:RJF) – Stock analysts at Zacks Research boosted their Q3 2025 EPS estimates for shares of Raymond James in a research report issued to clients and investors on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $2.66 per share for the quarter, up from their previous forecast of $2.61. The consensus estimate for Raymond James’ current full-year earnings is $11.12 per share. Zacks Research also issued estimates for Raymond James’ Q4 2025 earnings at $2.91 EPS, FY2025 earnings at $11.00 EPS, Q1 2026 earnings at $2.80 EPS, Q2 2026 earnings at $2.83 EPS, Q3 2026 earnings at $3.01 EPS, Q4 2026 earnings at $3.02 EPS, FY2026 earnings at $11.66 EPS, Q1 2027 earnings at $3.00 EPS and FY2027 earnings at $12.25 EPS.

Raymond James (NYSE:RJF) last released its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.93 earnings per share (EPS) for the quarter, beating 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%.

Several other equities research analysts have also commented on the stock. The Goldman Sachs Group upgraded shares of Raymond James from a “neutral” rating to a “buy” rating and boosted their price target for the company from $161.00 to $185.00 in a report on Monday, January 6th. Bank of America boosted their price target on shares of Raymond James from $198.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Keefe, Bruyette & Woods boosted their price target on shares of Raymond James from $170.00 to $177.00 and gave the company a “market perform” rating in a report on Thursday, January 30th. Wells Fargo & Company boosted their price target on shares of Raymond James from $168.00 to $176.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. Finally, JMP Securities boosted their price target on shares of Raymond James from $175.00 to $190.00 and gave the company a “market outperform” rating in a report on Thursday, January 30th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Raymond James presently has a consensus rating of “Hold” and a consensus price target of $166.09.

Raymond James Price Performance

Raymond James stock opened at $155.03 on Friday. The stock has a market cap of $31.77 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 0.93 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.01. Raymond James has a 1 year low of $104.24 and a 1 year high of $174.32. The firm has a 50-day moving average of $161.49 and a two-hundred day moving average of $144.74.

Institutional Trading of Raymond James

Large investors have recently made changes to their positions in the business. Franklin Resources Inc. boosted its holdings in Raymond James by 1.6% during the third quarter. Franklin Resources Inc. now owns 568,070 shares of the financial services provider’s stock worth $73,940,000 after buying an additional 9,217 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Raymond James during the third quarter worth $3,561,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Raymond James by 1.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 473,140 shares of the financial services provider’s stock worth $57,941,000 after buying an additional 7,028 shares in the last quarter. UMB Bank n.a. boosted its holdings in Raymond James by 7,238.7% during the fourth quarter. UMB Bank n.a. now owns 45,353 shares of the financial services provider’s stock worth $7,045,000 after buying an additional 44,735 shares in the last quarter. Finally, Longboard Asset Management LP purchased a new stake in Raymond James during the fourth quarter worth $245,000. 83.83% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Tashtego S. Elwyn sold 10,000 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $159.47, for a total value of $1,594,700.00. Following the sale, the insider now directly owns 32,688 shares of the company’s stock, valued at $5,212,755.36. This represents a 23.43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Paul C. Reilly sold 50,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $167.30, for a total transaction 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. In the last quarter, insiders have sold 64,621 shares of company stock valued at $10,729,488. Insiders own 0.54% of the company’s stock.

Raymond James Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.29%. The ex-dividend date was Thursday, January 2nd. This is an increase from Raymond James’s previous quarterly dividend of $0.45. Raymond James’s payout ratio is currently 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.