Zacks Research Has Positive Estimate for RJF Q4 Earnings

Raymond James Financial, Inc. (NYSE:RJF - Free Report) - Analysts at Zacks Research increased their Q4 2025 EPS estimates for Raymond James Financial in a research note issued to investors on Monday, June 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $2.59 per share for the quarter, up from their prior forecast of $2.58. The consensus estimate for Raymond James Financial's current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James Financial's Q1 2027 earnings at $2.89 EPS and Q3 2027 earnings at $3.06 EPS.

Raymond James Financial (NYSE:RJF - Get Free Report) last posted its quarterly earnings results 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). Raymond James Financial had a net margin of 13.99% and a return on equity of 19.31%. The firm had revenue of $3.40 billion during the quarter, compared to analysts' expectations of $3.46 billion. During the same period last year, the company earned $2.31 EPS. The business's quarterly revenue was up 9.0% on a year-over-year basis.

A number of other equities research analysts have also weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Raymond James Financial from $149.00 to $143.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Wells Fargo & Company lowered their price objective on shares of Raymond James Financial from $176.00 to $143.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Citigroup lowered their price objective on shares of Raymond James Financial from $180.00 to $150.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Cowen reaffirmed a "hold" rating on shares of Raymond James Financial in a report on Thursday, April 24th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $175.00 target price on shares of Raymond James Financial in a report on Thursday, April 24th. Eleven equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $153.82.

Raymond James Financial Trading Up 1.1%

Shares of RJF stock traded up $1.81 during trading hours on Wednesday, hitting $159.99. The company had a trading volume of 361,382 shares, compared to its average volume of 1,325,261. The stock has a market capitalization of $32.28 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.86 and a beta of 1.02. Raymond James Financial has a fifty-two week low of $104.24 and a fifty-two week 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. The company's fifty day moving average is $147.17 and its 200 day moving average is $149.69.

Raymond James Financial Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 1.25%. Raymond James Financial's payout ratio is currently 19.25%.

Insider Buying and Selling

In related news, insider Bella Loykhter Allaire sold 6,570 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $146.61, for a total value of $963,227.70. Following the completion of the sale, the insider owned 74,586 shares in the company, valued at approximately $10,935,053.46. This represents a 8.10% decrease in their position. The sale 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 transaction of $498,188.50. Following the completion of the sale, the insider directly owned 78,227 shares of the company's stock, valued at $10,677,203.23. This represents 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 owned by insiders.

Institutional Trading of Raymond James Financial

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Raymond James Financial by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 22,244,204 shares of the financial services provider's stock valued at $3,089,942,000 after purchasing an additional 347,916 shares during the last quarter. FMR LLC grew its holdings in shares of Raymond James Financial by 2.2% in the 4th quarter. FMR LLC now owns 6,522,025 shares of the financial services provider's stock worth $1,013,066,000 after purchasing an additional 137,277 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Raymond James Financial by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 4,392,260 shares of the financial services provider's stock worth $680,378,000 after purchasing an additional 40,576 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Raymond James Financial by 0.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,136,413 shares of the financial services provider's stock worth $574,590,000 after acquiring an additional 29,086 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Raymond James Financial by 19.1% during the 1st quarter. Invesco Ltd. now owns 2,901,435 shares of the financial services provider's stock worth $403,038,000 after acquiring an additional 466,129 shares during the last quarter. 83.83% of the stock is currently owned by institutional investors and hedge funds.

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.