Seaport Res Ptn Issues Optimistic Outlook for RJF Earnings

Raymond James Financial, Inc. (NYSE:RJF - Free Report) - Stock analysts at Seaport Res Ptn boosted their Q1 2026 EPS estimates for Raymond James Financial in a research report issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings per share of $2.90 for the quarter, up from their previous forecast of $2.89. 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 2026 earnings at $3.14 EPS.

A number of other equities analysts also recently weighed in on RJF. Cowen reaffirmed a "hold" rating on shares of Raymond James Financial in a research note on Thursday, April 24th. JMP Securities reissued a "market outperform" rating and set a $175.00 price objective on shares of Raymond James Financial in a research report on Thursday, April 24th. Citigroup increased their price objective on shares of Raymond James Financial from $150.00 to $165.00 and gave the stock a "neutral" rating in a research report on Monday. The Goldman Sachs Group reduced their target price on shares of Raymond James Financial from $198.00 to $173.00 and set a "buy" rating for the company in a report on Thursday, April 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Raymond James Financial from $143.00 to $151.00 and gave the company a "neutral" rating in a research note on Tuesday. Ten analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Raymond James Financial presently has a consensus rating of "Hold" and a consensus price target of $155.91.

Raymond James Financial Stock Performance

NYSE RJF opened at $157.72 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.04 and a quick ratio of 1.02. The company's fifty day moving average is $148.86 and its two-hundred day moving average is $149.74. Raymond James Financial has a 52-week low of $104.24 and a 52-week high of $174.32. The firm has a market capitalization of $31.82 billion, a price-to-earnings ratio of 15.18, a P/E/G ratio of 1.89 and a beta of 1.02.

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Jones Financial Companies Lllp grew its holdings in shares of Raymond James Financial by 30.1% during the 4th quarter. Jones Financial Companies Lllp now owns 1,011 shares of the financial services provider's stock worth $157,000 after purchasing an additional 234 shares during the period. Assetmark Inc. lifted its holdings in shares of Raymond James Financial 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 buying an additional 138 shares during the period. Proficio Capital Partners LLC acquired a new position in Raymond James Financial during the fourth quarter worth $21,334,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Raymond James Financial in the fourth quarter worth $611,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Raymond James Financial in the fourth quarter valued at $224,000. 83.83% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Raymond James Financial

In other news, insider Bella Loykhter Allaire sold 6,570 shares of Raymond James Financial stock in a transaction dated 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 $10,935,053.46. The trade was a 8.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James E. Bunn sold 3,650 shares of the company'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 sale, the insider directly owned 78,227 shares in the company, valued at $10,677,203.23. This trade represents a 4.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.54% of the company's stock.

Raymond James Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $2.00 annualized dividend and a yield of 1.27%. Raymond James Financial's payout ratio 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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