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. Stockholders 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 1.65%. The ex-dividend date is Tuesday, December 31st. View Raymond James' Dividend History.

Raymond James (NYSE:RJF) announced its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by $0.01. The financial services provider earned $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. Raymond James had a return on equity of 16.37% and a net margin of 13.03%. The business's quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $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 brokerages have issued 12 month target prices 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 10.2% 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 and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Raymond James.

Media headlines about RJF stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Raymond James earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Raymond James.

Raymond James saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 2,580,000 shares, an increase of 7.9% from the November 28th total of 2,390,000 shares. Based on an average daily volume of 825,200 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.1% of the company's 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), Lazard (LAZ), Stifel Financial (SF), 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 many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.24%), Deroy & Devereaux Private Investment Counsel Inc. (0.15%), New York State Teachers Retirement System (0.13%), Raymond James Trust N.A. (0.08%), Smith Graham & Co. Investment Advisors LP (0.05%) and Nisa Investment Advisors LLC (0.05%). 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 PhiloSmith Capital Corp, New York State Teachers Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, RBA Wealth Management LLC, Smith Graham & Co. Investment Advisors LP, Janney Montgomery Scott LLC and First Hawaiian Bank. 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 K.J. Harrison & Partners Inc, New England Professional Planning Group Inc., California Public Employees Retirement System, Raymond James Trust N.A., Campbell & CO Investment Adviser LLC, Sciencast Management LP, Strs Ohio and Diversified Trust Co. 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 $89.55.

Raymond James has a market capitalization of $12.47 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]