NYSE:RJF - Raymond James Stock Price, Forecast & News

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

Raymond James announced a quarterly dividend on Tuesday, November 26th. Investors of record on Thursday, January 2nd will be given a dividend of $0.37 per share on Thursday, January 16th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Tuesday, December 31st. View Raymond James' Dividend History.

Raymond James (NYSE:RJF) issued its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $1.89 EPS for the quarter, missing the Zacks' consensus estimate of $1.90 by $0.01. The financial services provider earned $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. Raymond James had a net margin of 13.03% and a return on equity of 16.15%. Raymond James's revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.79 earnings per share. View Raymond James' Earnings History.

Raymond James is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Raymond James.

6 equities research analysts have issued 1 year price targets for Raymond James' shares. Their forecasts range from $91.00 to $115.00. On average, they anticipate Raymond James' share price to reach $98.67 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Raymond James.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raymond James in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raymond James.

Press coverage about RJF stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -3.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Raymond James.

Raymond James saw a decrease in short interest in January. As of January 31st, there was short interest totalling 2,420,000 shares, a decrease of 6.6% from the January 15th total of 2,590,000 shares. Based on an average daily volume of 785,700 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.0% of the shares of the company 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), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Raymond James investors own include Energy Transfer LP Unit (ET), AT&T (T), JPMorgan Chase & Co. (JPM), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER), Alibaba Group (BABA), SunCoke Energy Partners (SXCP) and Weyerhaeuser (WY).

Raymond James' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.82%), FMR LLC (2.37%), Earnest Partners LLC (1.38%), Geode Capital Management LLC (1.36%), Bank of New York Mellon Corp (1.16%) and Boston Partners (1.12%). Company insiders that own Raymond James stock include Dennis W Zank, 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 First Trust Advisors LP, Mackay Shields LLC, Marshall Wace LLP, Alliancebernstein L.P., Schonfeld Strategic Advisors LLC, Janus Henderson Group PLC, Marshall Wace North America L.P. and PhiloSmith Capital Corp. Company insiders that have sold Raymond James company stock in the last year include 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 Insider Buying and Selling for Raymond James.

RJF stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Earnest Partners LLC, Goldman Sachs Group Inc., UBS Group AG, Bank of America Corp DE, Jacobs Levy Equity Management Inc., State of Tennessee Treasury Department and UBS Asset Management Americas Inc.. View Insider Buying and Selling 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 $97.61.

Raymond James has a market capitalization of $13.60 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.View Additional Information About Raymond James.

The official website for Raymond James is http://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]