NYSE:RJFRaymond James Stock Price, Forecast & News

Raymond James' stock was trading at $67.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RJF stock has increased by 3.6% and is now trading at $69.88. 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) announced its quarterly earnings data on Wednesday, April, 29th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 14.55% and a net margin of 11.64%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.81 EPS. 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 2.12%. The ex-dividend date is Tuesday, June 30th. View Raymond James' dividend history.

10 brokerages have issued 1-year price targets 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 twelve months. This suggests that the stock has a possible downside of 0.3%. View analysts' price targets for Raymond James.

Media stories about RJF stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Raymond James earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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 trading volume of 1,360,000 shares, the short-interest ratio is presently 3.6 days. Currently, 4.1% of the company's stock are short sold. 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 variety of retail and institutional investors. Top institutional shareholders 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 purchased 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 $69.88.

Raymond James has a market capitalization of $9.58 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]