NYSE:RJFRaymond James Stock Price, Forecast & News

Raymond James' stock was trading at $67.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RJF shares have increased by 2.5% and is now trading at $69.17. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raymond James in the last year. There are currently 2 sell ratings, 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Raymond James.

Raymond James is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Raymond James.

Raymond James (NYSE:RJF) released its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by $0.26. The financial services provider earned $2.07 billion during the quarter, compared to analysts' expectations of $2.01 billion. Raymond James had a net margin of 11.64% and a return on equity of 14.55%. The business's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.81 earnings per share. View Raymond James' earnings history.

Raymond James declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.37 per share on Wednesday, July 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Tuesday, June 30th. View Raymond James' dividend history.

10 analysts have issued 1 year target prices for Raymond James' shares. Their forecasts range from $60.00 to $84.00. On average, they anticipate Raymond James' share price to reach $69.67 in the next year. This suggests a possible upside of 0.7% from the stock's current price. View analysts' price targets for Raymond James.

News headlines about RJF stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Raymond James earned a news impact score of -3.2 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Raymond James.

Raymond James saw a increase in short interest in June. As of June 15th, there was short interest totaling 4,940,000 shares, an increase of 12.8% from the May 31st total of 4,380,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 4.1% of the shares of the stock are sold short. View Raymond James' Current Options Chain.

Some companies that are related to Raymond James include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Raymond James investors own include Energy Transfer LP Unit (ET), JPMorgan Chase & Co. (JPM), AT&T (T), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Ford Motor (F), Weyerhaeuser (WY), Bank of America (BAC), Home Depot (HD) and Netflix (NFLX).

Raymond James trades on the New York Stock Exchange (NYSE) under the ticker symbol "RJF."

Raymond James' stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.12%), State of Alaska Department of Revenue (0.08%), Dalton Greiner Hartman Maher & Co. (0.01%), Polianta Ltd (0.01%), DNB Asset Management AS (0.01%) and Municipal Employees Retirement System of Michigan (0.01%). Company insiders that own Raymond James stock include Bella Loykhter Allaire, Francis S Godbold, George Catanese, James E Bunn, 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 and Tashtego S Elwyn. View institutional ownership trends for Raymond James.

RJF stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Municipal Employees Retirement System of Michigan, and DNB Asset Management AS. Company insiders that have sold Raymond James company stock in the last year include Bella Loykhter Allaire, George Catanese, James E Bunn, Jeffrey A Dowdle, Jeffrey E Trocin, Jeffrey P Julien, Jennifer C Ackart, John C Jr Carson, Jonathan N Santelli, Paul D Allison, Steven M Raney, and Tashtego S Elwyn. View insider buying and selling activity for Raymond James.

RJF stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Polianta Ltd, Trust Co. of Toledo NA OH, Envestnet Asset Management Inc., Martin Capital Partners LLC, Canandaigua National Corp, and Mount Yale Investment Advisors LLC. Company insiders that have bought Raymond James stock in the last two years include Francis S Godbold, and Tashtego S Elwyn. View insider buying and selling activity for Raymond James.

Shares of RJF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RJF stock can currently be purchased for approximately $69.17.

Raymond James has a market capitalization of $9.48 billion and generates $8.02 billion in revenue each year. The financial services provider earns $1.03 billion in net income (profit) each year or $7.40 on an earnings per share basis. Raymond James employs 14,200 workers across the globe.

The official website for Raymond James is www.raymondjames.com.

Raymond James' mailing address is 880 CARILLON PKWY, ST PETERSBURG FL, 33716. The financial services provider can be reached via phone at 727-567-1000 or via email at [email protected]