Raymond James Financial Company Profile (NYSE:RJF)

About Raymond James Financial (NYSE:RJF)

Raymond James Financial logoRaymond 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 Banking & Brokerage Services
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:RJF
  • CUSIP: 75473010
  • Web: www.raymondjames.com
Capitalization:
  • Market Cap: $12.35976 billion
  • Outstanding Shares: 143,712,000
Average Prices:
  • 50 Day Moving Avg: $82.53
  • 200 Day Moving Avg: $79.02
  • 52 Week Range: $57.84 - $87.22
P/E:
  • Trailing P/E Ratio: 20.60
  • Foreward P/E Ratio: 14.91
  • P/E Growth: 1.00
Sales & Book Value:
  • Annual Revenue: $6.12 billion
  • Price / Sales: 2.03
  • Book Value: $37.50 per share
  • Price / Book: 2.31
Dividend:
  • Annual Dividend: $0.88
  • Dividend Yield: 1.0%
Profitability:
  • Net Margins: 9.78%
  • Return on Equity: 13.37%
  • Return on Assets: 2.19%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.14%
Misc:
  • Average Volume: 606,515 shs.
  • Beta: 1.67
  • Short Ratio: 2.37
 

Frequently Asked Questions for Raymond James Financial (NYSE:RJF)

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 declared a quarterly dividend on Thursday, August 24th. Shareholders of record on Monday, October 2nd will be given a dividend of $0.22 per share on Monday, October 16th. This represents a $0.88 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Friday, September 29th. View Raymond James Financial's Dividend History.

How were Raymond James Financial's earnings last quarter?

Raymond James Financial, Inc. (NYSE:RJF) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $1.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.24 by $0.02. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.61 billion. Raymond James Financial had a return on equity of 13.37% and a net margin of 9.78%. Raymond James Financial's quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 EPS. View Raymond James Financial's Earnings History.

When will Raymond James Financial make its next earnings announcement?

Raymond James Financial is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Raymond James Financial.

Where is Raymond James Financial's stock going? Where will Raymond James Financial's stock price be in 2017?

6 equities research analysts have issued 12-month target prices for Raymond James Financial's shares. Their forecasts range from $85.00 to $94.00. On average, they expect Raymond James Financial's stock price to reach $89.80 in the next twelve months. View Analyst Ratings for Raymond James Financial.

What are analysts saying about Raymond James Financial stock?

Here are some recent quotes from research analysts about Raymond James Financial stock:

  • 1. According to Zacks Investment Research, "Shares of Raymond James have outperformed the industry over the past three months. This performance was supported by the company’s impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. The company remains well positioned to grow via acquisitions. In April, it announced a deal to acquire Scout Investments and Reams Asset Management division. In 2016, the company acquired U.S. Private Client Services unit of Deutsche Asset & Wealth Management, which along with the prior transactions should help in expanding its market share. However, elevated expenses and concentration risks arising from significant dependence on U.S. operations for revenues remain major concerns for the company. Nevertheless, Raymond James’ capital deployment activities continue to gain investors’ confidence." (8/30/2017)
  • 2. 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)

Who are some of Raymond James Financial's key competitors?

Who are Raymond James Financial's key executives?

Raymond James Financial's management team includes the folowing people:

  • Thomas A. James, Executive Chairman of the Board
  • John C. Carson Jr., President
  • Paul C. Reilly, Chief Executive Officer, Director
  • Jeffrey Paul Julien, Chief Financial Officer, Executive Vice President - Finance, Treasurer
  • Paul D. Allison, Chairman, President, Chief Executive Officer of Raymond James Ltd.
  • Scott A. Curtis, President of Raymond James Financial Services, Inc
  • Jeffrey A. Dowdle, President - Asset Management Group
  • Tashtego S. Elwyn, President - Private Client Group - Raymond James & Associates
  • Steve M. Raney, President, Chief Executive Officer of Raymond James Bank, N.A.
  • Jeffrey E. Trocin, President - Global Equities and Investment Banking of Raymond James & Associates, Inc.

Who owns Raymond James Financial stock?

Raymond James Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.99%), Robeco Institutional Asset Management B.V. (0.08%), APG Asset Management N.V. (0.04%), State Treasurer State of Michigan (0.03%), Covenant Asset Management LLC (0.02%) and Mutual of America Capital Management LLC (0.02%). Company insiders that own Raymond James Financial stock include Bella Loykhter Allaire, 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, Jonathan N Santelli, Paul C Reilly, Paul D Allison, Steven M Raney, Tashtego S Elwyn and Thomas A James. View Institutional Ownership Trends for Raymond James Financial.

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 Fisher Asset Management LLC, Robeco Institutional Asset Management B.V., State Treasurer State of Michigan, Shell Asset Management Co. and Covenant Asset Management LLC. Company insiders that have sold Raymond James Financial stock in the last year include Bella Loykhter Allaire, Dennis W Zank, George Catanese, Jeffrey P Julien, Jennifer C Ackart, John C Jr Carson, Jonathan N Santelli, Paul C Reilly, Paul D Allison, Steven M Raney and Tashtego S Elwyn. View Insider Buying and Selling for Raymond James Financial.

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 APG Asset Management N.V., Eqis Capital Management Inc., Oakbrook Investments LLC and Mutual of America Capital Management LLC. Company insiders that have bought Raymond James Financial stock in the last two years include Benjamin Esty and Francis S Godbold. View Insider Buying and Selling for Raymond James Financial.

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.

What is Raymond James Financial's stock price today?

One share of Raymond James Financial stock can currently be purchased for approximately $86.63.


MarketBeat Community Rating for Raymond James Financial (NYSE RJF)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  218 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Raymond James Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Raymond James Financial (NYSE:RJF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $89.80 (3.66% upside)
Consensus Price Target History for Raymond James Financial (NYSE:RJF)
Price Target History for Raymond James Financial (NYSE:RJF)
Analysts' Ratings History for Raymond James Financial (NYSE:RJF)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$85.00LowView Rating Details
9/14/2017Wells Fargo & CompanyUpgradeMarket Perform -> Outperform$86.00 -> $90.00LowView Rating Details
7/13/2017InstinetReiterated RatingBuy$89.00 -> $90.00LowView Rating Details
7/13/2017NomuraBoost Price TargetBuy$89.00 -> $90.00LowView Rating Details
7/10/2017Buckingham ResearchReiterated RatingBuy$88.00 -> $94.00LowView Rating Details
10/28/2016JMP SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
7/20/2016Credit Suisse GroupSet Price TargetBuy$56.00N/AView Rating Details
4/22/2016Goldman Sachs Group IncBoost Price TargetNeutral$54.00 -> $56.00N/AView Rating Details
1/12/2016Citigroup Inc.DowngradeBuy -> NeutralN/AView Rating Details
12/4/2015MacquarieBoost Price TargetNeutral$57.00 -> $60.00N/AView Rating Details
10/23/2015Susquehanna Bancshares IncLower Price TargetPositive$61.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Raymond James Financial (NYSE:RJF)
Earnings by Quarter for Raymond James Financial (NYSE:RJF)
Earnings History by Quarter for Raymond James Financial (NYSE RJF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.35N/AView Earnings Details
7/26/2017Q3 2017$1.24$1.26$1.61 billion$1.62 billionViewN/AView Earnings Details
4/26/2017Q2 2017$1.14$1.28$1.55 billion$1.56 billionViewN/AView Earnings Details
1/25/2017Q1 2017$1.01$1.07$1.48 billion$1.49 billionViewN/AView Earnings Details
10/26/2016Q4$0.99$1.28$1.44 billion$1.46 billionViewN/AView Earnings Details
7/20/2016Q316$0.90$0.93$1.32 billion$1.36 billionViewN/AView Earnings Details
4/20/2016Q2$0.75$0.90$1.29 billion$1.31 billionViewN/AView Earnings Details
1/20/2016Q1$0.84$0.73$1.29 billion$1.27 billionViewN/AView Earnings Details
10/21/2015Q4$0.92$0.88$1.33 billion$1.34 billionViewListenView Earnings Details
7/22/2015Q3$0.89$0.91$1.30 billion$1.32 billionViewListenView Earnings Details
4/22/2015Q215$0.83$0.77$1.27 billion$1.29 billionViewN/AView Earnings Details
1/21/2015Q115$0.86$0.87$1.26 billion$1.25 billionViewN/AView Earnings Details
10/29/2014Q4$0.85$0.94$1.24 billion$1.29 billionViewN/AView Earnings Details
7/23/2014Q3$0.76$0.85$1.20 billion$1.21 billionViewN/AView Earnings Details
4/23/2014Q214$0.77$0.72$1.18 billion$1.20 billionViewN/AView Earnings Details
1/22/2014Q114$0.73$0.81$1.14 billion$1.18 billionViewN/AView Earnings Details
7/24/2013Q3 2013$0.67$0.65$1.11 billion$1.11 billionViewN/AView Earnings Details
4/24/2013Q2 2013$0.77$0.68$1.14 billion$1.14 billionViewN/AView Earnings Details
1/23/2013Q1 2013$0.69$0.69$1.08 billion$1.11 billionViewN/AView Earnings Details
7/25/2012$0.66$0.64ViewN/AView Earnings Details
10/19/2011$0.55$0.52ViewN/AView Earnings Details
7/20/2011$0.51$0.59ViewN/AView Earnings Details
4/21/2011$0.62$0.64ViewN/AView Earnings Details
1/19/2011$0.53$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Raymond James Financial (NYSE:RJF)
Current Year EPS Consensus Estimate: $5.01 EPS
Next Year EPS Consensus Estimate: $5.81 EPS

Dividends

Current Dividend Information for Raymond James Financial (NYSE:RJF)
Most Recent Dividend:10/16/2017
Annual Dividend:$0.88
Dividend Yield:1.02%
Dividend Growth:2.30% (3 Year Average)
Payout Ratio:20.90% (Trailing 12 Months of Earnings)
17.56% (Based on This Year's Estimates)
15.15% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Raymond James Financial (NYSE:RJF)

Dividend History by Quarter for Raymond James Financial (NYSE RJF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/24/2017Quarterly$0.221.12%9/29/201710/2/201710/16/2017
5/22/2017quarterly$0.221.2%6/29/20177/3/20177/17/2017
2/22/2017quarterly$0.221.1%3/30/20174/3/20174/17/2017
12/1/2016quarterly$0.221.2%12/29/20161/3/20171/17/2017
8/26/2016quarterly$0.201.4%9/29/201610/3/201610/17/2016
5/25/2016quarterly$0.201.47%6/29/20167/1/20167/15/2016
2/22/2016quarterly$0.201.81%3/30/20164/1/20164/15/2016
11/24/2015quarterly$0.201.38%12/30/20151/4/20161/15/2016
8/20/2015quarterly$0.181.3%9/29/201510/1/201510/15/2015
5/22/2015quarterly$0.181.23%6/29/20157/1/20157/15/2015
2/26/2015quarterly$0.181.26%3/30/20154/1/20154/15/2015
11/24/2014quarterly$0.181.28%12/30/20141/2/20151/15/2015
8/21/2014quarterly$0.161.18%9/29/201410/1/201410/15/2014
5/27/2014quarterly$0.161.3%6/27/20147/1/20147/15/2014
2/25/2014quarterly$0.161.22%3/28/20144/1/20144/15/2014
11/25/2013quarterly$0.161.32%12/30/20131/2/20141/16/2014
8/23/2013quarterly$0.141.34%9/27/201310/1/201310/15/2013
5/23/2013quarterly$0.141.31%6/27/20137/1/20137/15/2013
2/25/2013quarterly$0.141.28%3/27/20134/1/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Raymond James Financial (NYSE:RJF)
Insider Ownership Percentage: 11.18%
Institutional Ownership Percentage: 70.01%
Insider Trades by Quarter for Raymond James Financial (NYSE:RJF)
Institutional Ownership by Quarter for Raymond James Financial (NYSE:RJF)
Insider Trades by Quarter for Raymond James Financial (NYSE:RJF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2017Paul C ReillyCEOSell33,000$83.17$2,744,610.00View SEC Filing  
7/31/2017Bella Loykhter AllaireInsiderSell4,000$82.83$331,320.00View SEC Filing  
5/26/2017Jonathan N SantelliEVPSell1,880$73.30$137,804.00View SEC Filing  
3/2/2017Jennifer C AckartSVPSell2,500$79.44$198,600.00View SEC Filing  
3/1/2017Dennis W ZankCOOSell6,054$81.57$493,824.78View SEC Filing  
2/22/2017Steven M RaneyCEOSell2,115$79.10$167,296.50View SEC Filing  
2/21/2017Tashtego S ElwynInsiderSell4,000$79.21$316,840.00View SEC Filing  
2/13/2017Jeffrey P JulienCFOSell7,752$77.75$602,718.00View SEC Filing  
2/7/2017Dennis W ZankCOOSell12,500$76.98$962,250.00View SEC Filing  
1/31/2017George CataneseSVPSell4,500$74.53$335,385.00View SEC Filing  
1/30/2017Tashtego S ElwynInsiderSell791$74.03$58,557.73View SEC Filing  
12/15/2016Dennis W ZankCOOSell4,095$73.08$299,262.60View SEC Filing  
12/15/2016George CataneseInsiderSell1,179$71.89$84,758.31View SEC Filing  
12/8/2016John C Jr. CarsonPresidentSell20,000$73.83$1,476,600.00View SEC Filing  
12/7/2016Steven M. RaneyCEOSell11,310$73.19$827,778.90View SEC Filing  
12/5/2016Dennis W ZankCOOSell7,910$73.22$579,170.20View SEC Filing  
11/30/2016Paul D AllisonInsiderSell16,500$71.80$1,184,700.00View SEC Filing  
11/29/2016Paul C ReillyCEOSell50,000$71.26$3,563,000.00View SEC Filing  
11/29/2016Tashtego S ElwynInsiderSell6,000$71.03$426,180.00View SEC Filing  
11/28/2016George CataneseInsiderSell6,197$71.51$443,147.47View SEC Filing  
11/28/2016Jennifer C AckartSVPSell7,500$71.63$537,225.00View SEC Filing  
9/1/2016Jeffrey P JulienCFOSell18,600$57.62$1,071,732.00View SEC Filing  
8/29/2016Dennis W ZankCOOSell10,010$57.64$576,976.40View SEC Filing  
8/17/2016Tashtego S ElwynInsiderSell3,791$56.72$215,025.52View SEC Filing  
7/25/2016George CataneseInsiderSell4,158$53.89$224,074.62View SEC Filing  
6/6/2016Dennis W ZankCOOSell15,000$56.54$848,100.00View SEC Filing  
5/26/2016Jeffrey A DowdleInsiderSell4,900$54.18$265,482.00View SEC Filing  
2/11/2016Francis S. GodboldVice ChairmanBuy18,000$40.04$720,720.00View SEC Filing  
2/8/2016Benjamin EstyDirectorBuy1,000$42.18$42,180.00View SEC Filing  
2/3/2016Francis S GodboldVice ChairmanBuy20,000$40.94$818,800.00View SEC Filing  
1/25/2016Francis S GodboldVice ChairmanBuy22,000$43.57$958,540.00View SEC Filing  
12/9/2015Jeffrey E TrocinEVPSell1,100$59.11$65,021.00View SEC Filing  
12/9/2015Thomas A. Jamesmajor shareholderSell27,800$59.28$1,647,984.00View SEC Filing  
12/7/2015Thomas A. Jamesmajor shareholderSell148,639$59.43$8,833,615.77View SEC Filing  
5/8/2015Scott A CurtisInsiderSell6,845$57.92$396,462.40View SEC Filing  
3/5/2015Steven M RaneyCEOSell16,627$58.01$964,532.27View SEC Filing  
3/4/2015Steven M RaneyCEOSell2,328$58.00$135,024.00View SEC Filing  
2/11/2015Dennis W ZankCOOSell14,093$56.36$794,281.48View SEC Filing  
2/4/2015Jeffrey A DowdleEVPSell10,428$54.39$567,178.92View SEC Filing  
12/3/2014George CataneseSVPSell2,068$55.92$115,642.56View SEC Filing  
11/24/2014H William Habermeyer JrDirectorSell2,500$56.23$140,575.00View SEC Filing  
11/13/2014Paul D AllisonCEOSell6,400$57.02$364,928.00View SEC Filing  
11/10/2014Jeffrey E TrocinEVPSell1,000$56.81$56,810.00View SEC Filing  
11/6/2014Dennis W ZankCOOSell7,542$56.78$428,234.76View SEC Filing  
11/6/2014H William Habermeyer JrDirectorSell1,200$56.76$68,112.00View SEC Filing  
8/22/2014Dennis W ZankCOOSell9,430$54.32$512,237.60View SEC Filing  
8/12/2014Jeffrey P JulienCFOSell10,000$51.72$517,200.00View SEC Filing  
5/14/2014Jeffrey DowdleInsiderSell3,683$50.00$184,150.00View SEC Filing  
2/13/2014Dennis ZankCOOSell11,148$50.42$562,082.16View SEC Filing  
11/29/2013Jennifer AckartSVPSell3,000$48.23$144,690.00View SEC Filing  
11/25/2013Chester HelckEVPSell25,000$48.30$1,207,500.00View SEC Filing  
11/18/2013George CataneseSVPSell1,680$46.98$78,926.40View SEC Filing  
11/12/2013H William Habermeyer, Jr.DirectorSell3,550$45.81$162,625.50View SEC Filing  
11/12/2013Paul AllisonCEOSell7,000$46.05$322,350.00View SEC Filing  
8/6/2013Paul AllisonCEOSell2,500$44.12$110,300.00View SEC Filing  
5/21/2013Jeffrey A DowdleInsiderSell4,122$44.98$185,407.56View SEC Filing  
9/5/2012Steven M RaneyCEOSell6,000$36.12$216,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Raymond James Financial (RJF) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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