About Raymond James Financial
Raymond James Financial, Inc. (RJF) is a financial holding company. The Company's subsidiaries include Raymond James & Associates, Inc. (RJ&A), Raymond James Financial Services, Inc. (RJFS), Raymond James Financial Services Advisors, Inc. (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc. (Eagle), and Raymond James Bank, N.A. (RJ Bank). It operates through five segments: Private Client Group (PCG), Capital Markets, Asset Management, RJ Bank and the Other segment. The Private Client Group segment includes the retail branches of the Company's broker-dealer subsidiaries located throughout the United States, Canada and the United Kingdom. The Capital Markets segment includes institutional sales and trading in the United States, Canada and Europe. The Asset Management segment includes the operations of Eagle, the Eagle Family of Funds and other fee-based asset management programs. RJ Bank segment provides corporate loan, securities based loans (SB) and residential loans.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Brokerage - Regional
- Sub-Industry: Investment Banking & Brokerage
- Exchange: NYSE
- Symbol: RJF
- CUSIP: 75473010
- Previous Close: $79.24
- 50 Day Moving Average: $75.01
- 200 Day Moving Average: $65.47
- 52-Week Range: $41.48 - $79.42
- Trailing P/E Ratio: 20.13
- Foreward P/E Ratio: 15.27
- P/E Growth: 1.64
- Market Cap: $11.26B
- Outstanding Shares: 142,110,000
- Beta: 1.53
- Net Margins: 9.91%
- Return on Equity: 12.02%
- Return on Assets: 2.05%
Companies Related to Raymond James Financial:
- Debt-to-Equity Ratio: 0.50%
- Current Ratio: 1.20%
- Quick Ratio: 1.18%
What is Raymond James Financial's stock symbol?
Raymond James Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "RJF."
How often does Raymond James Financial pay dividends? What is the dividend yield for Raymond James Financial?
Raymond James Financial announced a quarterly dividend on Thursday, December 1st. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.22 per share on Tuesday, January 17th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, December 29th. This is an increase from Raymond James Financial's previous quarterly dividend of $0.20.
Where is Raymond James Financial's stock going? Where will Raymond James Financial's stock price be in 2017?
7 brokerages have issued twelve-month target prices for Raymond James Financial's shares. Their predictions range from $56.00 to $88.00. On average, they anticipate Raymond James Financial's share price to reach $67.20 in the next year.
When will Raymond James Financial announce their earnings?
Raymond James Financial is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Raymond James Financial stock?
Here are some recent quotes from research analysts about Raymond James Financial stock:
- Instinet analysts commented, "We updated our RJF model post earnings to reflect updated guidance on rates, expenses, and bank growth, as well as IB outlook commentary. On balance, our estimates came up modestly, as upside from rates and slightly lower non-comps more than offset cuts to IB, with the latter reflecting cautious commentary on tax credit syndication fees. This said, our updated forecasts remain a fair amount above the Street for 2018 (+5%), as we do not think current cons. adequately reflects upside from higher rates / bank growth and improved operating margins, which should translate into continued positive EPS momentum. Our TP increases to $88 (from $87) on positive estimate revisions / higher capital build, but it does not contemplate more aggressive expansion of the securities book, which would be highly accretive to both our forecasts and cons. FY17E EPS from $4.58 to $4.68; FY18E EPS from $5.25 to $5.26." (1/27/2017)
According to Zacks Investment Research, "Raymond James’ shares have underperformed the Zacks categorized Investment Brokers industry over the last six months. Elevated expenses due to regulatory changes and a highly competitive environment remain major concerns. However, the company remains well positioned to grow via acquisitions, supported by its strong liquidity position. Notably, the acquisition of U.S. Private Client Services unit of Deutsche Asset & Wealth Management along with two announced deals are expected to aid the company expand its market share. Further, the company remains committed towards enhancing shareholders’ value through impressive capital deployment activities." (1/5/2017)
Wells Fargo & Company analysts commented, "We think this sets RJF up to have a pretty solid F4Q. We are leaving our EPS estimates unchanged for now (FY2016E = $3.50; FY2017E = $4.10; FY2018E = $4.40) but believe the growth in client assets alone is bullish for the outlook." (9/22/2016)
Who owns Raymond James Financial stock?
Raymond James Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.00%), Frontier Capital Management Co. LLC (1.66%), Thrivent Financial for Lutherans (1.10%), Harfst & Associates Inc. (0.92%), AQR Capital Management LLC (0.89%) and Columbia Wanger Asset Management LLC (0.82%). Company insiders that own Raymond James Financial stock include Benjamin Esty, Dennis W Zank, Francis S Godbold, George Catanese, Jeffrey A Dowdle, Jeffrey E Trocin, Jeffrey P Julien, Jennifer C Ackart, John C Jr Carson, Paul C Reilly, Paul D Allison, Scott A Curtis, Steven M Raney, Tashtego S Elwyn and Thomas A James.
Who sold Raymond James Financial stock? Who is selling Raymond James Financial stock?
Raymond James Financial's stock was sold by a variety of institutional investors in the last quarter, including Columbia Wanger Asset Management LLC, FMR LLC, Loomis Sayles & Co. L P, Nicholas Co. Inc. WI, Pinnacle Associates Ltd., Allianz Asset Management AG, Frontier Capital Management Co. LLC and Highland Capital Management LP. Company insiders that have sold Raymond James Financial stock in the last year include Dennis W Zank, George Catanese, Jeffrey A Dowdle, Jeffrey P Julien, Jennifer C Ackart, John C Jr Carson, Paul C Reilly, Paul D Allison, Steven M Raney and Tashtego S Elwyn.
Who bought Raymond James Financial stock? Who is buying Raymond James Financial stock?
Raymond James Financial's stock was acquired by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Arrowstreet Capital Limited Partnership, Asset Management One Co. Ltd., Thrivent Financial for Lutherans, AQR Capital Management LLC, State Street Corp, Russell Investments Group Ltd. and Renaissance Technologies LLC. Company insiders that have bought Raymond James Financial stock in the last two years include Benjamin Esty and Francis S Godbold.
How do I buy Raymond James Financial stock?
Shares of Raymond James Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Raymond James Financial stock cost?
One share of Raymond James Financial stock can currently be purchased for approximately $79.24.