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 declared a quarterly dividend on Friday, February 21st. Investors of record on Wednesday, April 1st will be paid a dividend of $0.37 per share on Wednesday, April 15th. This represents a $1.48 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Tuesday, March 31st. View Raymond James' Dividend History.

Raymond James (NYSE:RJF) issued its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates 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 16.15% and a net margin of 13.03%. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.79 EPS. 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 Wall Street analysts have issued 1-year target prices for Raymond James' shares. Their forecasts range from $91.00 to $115.00. On average, they anticipate Raymond James' stock price to reach $98.67 in the next year. This suggests a possible upside of 18.3% 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.

News articles about RJF stock have been trending very negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Raymond James earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Raymond James.

Raymond James saw a increase in short interest in February. As of February 14th, there was short interest totalling 3,120,000 shares, an increase of 28.9% from the January 30th total of 2,420,000 shares. Based on an average trading volume of 755,800 shares, the days-to-cover ratio is presently 4.1 days. Approximately 2.5% 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), 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 institutional and retail investors. Top institutional shareholders 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 Bella Loykhter Allaire, 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 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 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, Macquarie Group Ltd., Earnest Partners LLC, Goldman Sachs Group Inc., UBS Group AG, Bank of America Corp DE, Jacobs Levy Equity Management Inc. and State of Tennessee Treasury Department. 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 $83.41.

Raymond James has a market capitalization of $11.62 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]