Raymond James FY2025 EPS Forecast Raised by Seaport Res Ptn

Raymond James (NYSE:RJF) – Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of Raymond James in a report issued on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $10.30 per share for the year, up from their prior estimate of $10.25. The consensus estimate for Raymond James’ current full-year earnings is $10.85 per share. Seaport Res Ptn also issued estimates for Raymond James’ Q4 2025 earnings at $2.81 EPS, Q1 2026 earnings at $2.88 EPS, Q2 2026 earnings at $2.70 EPS, Q3 2026 earnings at $2.76 EPS, Q4 2026 earnings at $3.12 EPS and FY2026 earnings at $11.45 EPS.

Raymond James (NYSE:RJF) last announced its earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 EPS for the quarter, beating the consensus estimate of $2.41 by $0.54. Raymond James had a return on equity of 19.30% and a net margin of 13.86%. The business had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the prior year, the business posted $2.13 earnings per share. The firm’s revenue was up 13.4% on a year-over-year basis.

A number of other analysts have also recently commented on RJF. Citigroup upped their price target on shares of Raymond James from $145.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday. Morgan Stanley upped their target price on Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. TD Cowen lifted their target price on Raymond James from $128.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods increased their price target on Raymond James from $143.00 to $170.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $169.00 price objective (up previously from $152.00) on shares of Raymond James in a research note on Thursday, December 12th. Nine research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $156.18.

Raymond James Trading Down 3.1 %

NYSE:RJF opened at $154.41 on Friday. Raymond James has a 52 week low of $104.24 and a 52 week high of $171.38. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.02. The firm’s fifty day moving average is $159.83 and its 200-day moving average is $134.90. The firm has a market cap of $31.51 billion, a P/E ratio of 15.90, a P/E/G ratio of 0.91 and a beta of 1.02.

Raymond James Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.30%. This is a positive change from Raymond James’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Thursday, January 2nd. Raymond James’s dividend payout ratio (DPR) is 20.60%.

Insider Transactions at Raymond James

In related news, CEO Paul C. Reilly sold 50,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $167.30, for a total transaction of $8,365,000.00. Following the transaction, the chief executive officer now directly owns 283,110 shares of the company’s stock, valued at $47,364,303. This trade represents a 15.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Tashtego S. Elwyn sold 10,000 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $159.47, for a total transaction of $1,594,700.00. Following the transaction, the insider now owns 32,688 shares in the company, valued at approximately $5,212,755.36. This trade represents a 23.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 64,621 shares of company stock valued at $10,729,488 over the last three months. Corporate insiders own 9.74% of the company’s stock.

Hedge Funds Weigh In On Raymond James

Several hedge funds have recently modified their holdings of the company. Franklin Resources Inc. boosted its holdings in shares of Raymond James by 1.6% in the 3rd quarter. Franklin Resources Inc. now owns 568,070 shares of the financial services provider’s stock worth $73,940,000 after buying an additional 9,217 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Raymond James by 1.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 473,140 shares of the financial services provider’s stock valued at $57,941,000 after acquiring an additional 7,028 shares during the period. Banque Cantonale Vaudoise bought a new position in shares of Raymond James during the 3rd quarter valued at approximately $3,561,000. XTX Topco Ltd increased its stake in shares of Raymond James by 390.7% during the 2nd quarter. XTX Topco Ltd now owns 8,351 shares of the financial services provider’s stock worth $1,032,000 after purchasing an additional 6,649 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Raymond James by 109.3% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 111,462 shares of the financial services provider’s stock worth $13,778,000 after purchasing an additional 58,200 shares during the period. Institutional investors own 83.83% of the company’s stock.

About Raymond James

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.