Seaport Res Ptn Has Bullish Outlook for RJF FY2025 Earnings

Raymond James Financial, Inc. (NYSE:RJF - Free Report) - Analysts at Seaport Res Ptn lifted their FY2025 earnings per share (EPS) estimates for Raymond James Financial in a note issued to investors on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will earn $10.40 per share for the year, up from their previous estimate of $10.30. The consensus estimate for Raymond James Financial's current full-year earnings is $11.17 per share. Seaport Res Ptn also issued estimates for Raymond James Financial's Q4 2025 earnings at $2.74 EPS and Q2 2026 earnings at $2.65 EPS.

Other research analysts have also recently issued reports about the company. Citigroup lifted their price objective on Raymond James Financial from $150.00 to $165.00 and gave the company a "neutral" rating in a report on Monday. Cowen reiterated a "hold" rating on shares of Raymond James Financial in a report on Thursday, April 24th. JMP Securities reiterated a "market outperform" rating and set a $175.00 price objective on shares of Raymond James Financial in a report on Thursday, April 24th. The Goldman Sachs Group cut their price objective on Raymond James Financial from $198.00 to $173.00 and set a "buy" rating on the stock in a report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on Raymond James Financial from $143.00 to $151.00 and gave the company a "neutral" rating in a report on Tuesday. Ten equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Raymond James Financial has a consensus rating of "Hold" and a consensus price target of $158.00.

Raymond James Financial Stock Up 0.7%

Shares of RJF stock opened at $158.70 on Thursday. The stock has a market cap of $32.02 billion, a P/E ratio of 15.27, a price-to-earnings-growth ratio of 1.89 and a beta of 1.02. The stock has a fifty day moving average price of $149.30 and a 200 day moving average price of $149.80. Raymond James Financial has a one year low of $104.24 and a one year high of $174.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.04 and a quick ratio of 1.02.

Raymond James Financial (NYSE:RJF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $2.42 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.02). The business had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $3.46 billion. Raymond James Financial had a net margin of 13.99% and a return on equity of 19.31%. The firm's revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.31 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RJF. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Raymond James Financial in the 1st quarter valued at $25,000. TCTC Holdings LLC grew its holdings in Raymond James Financial by 176.7% in the 4th quarter. TCTC Holdings LLC now owns 166 shares of the financial services provider's stock valued at $26,000 after buying an additional 106 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in Raymond James Financial in the 1st quarter valued at $27,000. Golden State Wealth Management LLC grew its holdings in Raymond James Financial by 164.0% in the 1st quarter. Golden State Wealth Management LLC now owns 198 shares of the financial services provider's stock valued at $28,000 after buying an additional 123 shares in the last quarter. Finally, Olde Wealth Management LLC acquired a new position in Raymond James Financial in the 1st quarter valued at $33,000. 83.83% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Bella Loykhter Allaire sold 6,570 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $146.61, for a total transaction of $963,227.70. Following the transaction, the insider directly owned 74,586 shares of the company's stock, valued at approximately $10,935,053.46. The trade was a 8.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James E. Bunn sold 3,650 shares of the business's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $136.49, for a total value of $498,188.50. Following the transaction, the insider directly owned 78,227 shares in the company, valued at $10,677,203.23. The trade was a 4.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by insiders.

Raymond James Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Tuesday, July 1st. Raymond James Financial's dividend payout ratio (DPR) is 19.25%.

Raymond James Financial 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.

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