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NYSE:RJFRaymond James Stock Price, Forecast & News

$65.21
+0.43 (+0.66 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$63.91
Now: $65.21
$65.92
50-Day Range
$57.53
MA: $64.18
$71.47
52-Week Range
$54.21
Now: $65.21
$102.45
Volume861,400 shs
Average Volume1.31 million shs
Market Capitalization$8.94 billion
P/E Ratio9.66
Dividend Yield2.27%
Beta1.37
Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments. The Private Client Group segment provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance products to their individual clients; and borrowing and lending of securities to and from other broker-dealers, financial institutions, and other counterparties. The Capital Markets segment offers securities brokerage, trading, and research services to institutions with a focus on sale of the United States and Canadian equities and fixed income products; and manages and participates in underwritings, merger and acquisition services, and public finance activities. The Asset Management segment engages in the operations of Eagle, the Eagle Family of Funds, Cougar, the asset management operations of Raymond James & Associates, trust services of Raymond James Trust, and other fee-based asset management programs. The RJ Bank segment provides corporate loans, SBL, tax-exempt loans, and residential loans. The Other segment engages in private equity activities, including various direct and third party private equity investments; and private equity funds. Raymond James Financial, Inc. was founded in 1962 and is based in St. Petersburg, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.98 out of 5 stars


Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
CUSIP75473010
Phone727-567-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.02 billion
Cash Flow$8.43 per share
Book Value$47.85 per share

Profitability

Net Income$1.03 billion

Miscellaneous

Employees14,200
Market Cap$8.94 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Raymond James (NYSE:RJF) Frequently Asked Questions

How has Raymond James' stock been impacted by COVID-19 (Coronavirus)?

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. Since then, RJF shares have decreased by 3.3% and is now trading at $65.21. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Raymond James?

9 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, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Raymond James.

When is Raymond James' next earnings date?

Raymond James is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Raymond James.

How were Raymond James' earnings last quarter?

Raymond James (NYSE:RJF) released its quarterly earnings data on Wednesday, April, 29th. The financial services provider reported $1.20 EPS for the quarter, missing the Zacks' 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 return on equity of 14.55% and a net margin of 11.64%. The company's revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $1.81 EPS. View Raymond James' earnings history.

How often does Raymond James pay dividends? What is the dividend yield for Raymond James?

Raymond James declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.37 per share on Wednesday, July 15th. This represents a $1.48 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Tuesday, June 30th. View Raymond James' dividend history.

What price target have analysts set for RJF?

9 brokerages have issued 12 month target prices for Raymond James' stock. Their forecasts range from $60.00 to $84.00. On average, they anticipate Raymond James' share price to reach $69.33 in the next year. This suggests a possible upside of 6.3% from the stock's current price. View analysts' price targets for Raymond James.

Has Raymond James been receiving favorable news coverage?

Press coverage about RJF stock has been trending negative on Monday, InfoTrie Sentiment Analysis reports. 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 negative five to five, with scores nearest to five being the most favorable. Raymond James earned a news impact score of -2.0 on InfoTrie's scale. They also gave media headlines 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 company's share price in the next few days. View the latest news aboutRaymond James.

Are investors shorting Raymond James?

Raymond James saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,560,000 shares, a decline of 14.6% from the April 30th total of 5,340,000 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.7% of the shares of the stock are short sold. View Raymond James' Current Options Chain.

Who are some of Raymond James' key competitors?

What other stocks do shareholders of Raymond James own?

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).

Who are Raymond James' key executives?

Raymond James' management team includes the following people:
  • Mr. Paul Christopher Reilly, Chairman & CEO (Age 63)
  • Mr. John Congleton Carson Jr., Pres (Age 61)
  • Mr. Thomas Alan James Esq., J.D., Chairman Emeritus (Age 75)
  • Mr. Jeffrey Paul Julien, EVP of Fin. & CFO (Age 62)
  • Mr. Dennis William Zank, Chief Operating Officer (Age 64)

What is Raymond James' stock symbol?

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

Who are Raymond James' major shareholders?

Raymond James' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.93%), State Street Corp (3.71%), Primecap Management Co. CA (3.20%), Wellington Management Group LLP (3.15%), JPMorgan Chase & Co. (1.99%) and Eminence Capital LP (1.46%). 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.

Which institutional investors are selling Raymond James stock?

RJF stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wells Fargo & Company MN, Bank of New York Mellon Corp, Janus Henderson Group PLC, Nuveen Asset Management LLC, Eminence Capital LP, Federated Hermes Inc., and UBS Group AG. 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.

Which institutional investors are buying Raymond James stock?

RJF stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Primecap Management Co. CA, First Trust Advisors LP, Principal Financial Group Inc., Vaughan Nelson Investment Management L.P., JPMorgan Chase & Co., APG Asset Management N.V., and APG Asset Management N.V.. 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.

How do I buy shares of 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.

What is Raymond James' stock price today?

One share of RJF stock can currently be purchased for approximately $65.21.

How big of a company is Raymond James?

Raymond James has a market capitalization of $8.94 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.

What is Raymond James' official website?

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

How can I contact Raymond James?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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