Q1 EPS Estimates for Raymond James Raised by Zacks Research

Raymond James (NYSE:RJF) – Stock analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of Raymond James in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $2.72 per share for the quarter, up from their previous forecast of $2.69. The consensus estimate for Raymond James’ current full-year earnings is $10.99 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.53 EPS, Q4 2025 earnings at $2.84 EPS, FY2025 earnings at $10.69 EPS, Q1 2026 earnings at $2.76 EPS, Q2 2026 earnings at $2.78 EPS, Q3 2026 earnings at $2.94 EPS, Q4 2026 earnings at $2.96 EPS, FY2026 earnings at $11.44 EPS, Q1 2027 earnings at $2.94 EPS and FY2027 earnings at $11.96 EPS.

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

Several other brokerages have also recently issued reports on RJF. JMP Securities boosted their price target on Raymond James from $146.00 to $150.00 and gave the company a “market outperform” rating in a research note on Thursday, October 24th. 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 raised their price target on Raymond James from $128.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Citigroup upped their price objective on shares of Raymond James from $145.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Finally, UBS Group raised shares of Raymond James from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Nine equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Raymond James currently has an average rating of “Hold” and a consensus price target of $156.09.

Raymond James Stock Performance

NYSE RJF opened at $164.89 on Thursday. Raymond James has a 12-month low of $104.24 and a 12-month high of $171.38. The firm has a 50-day moving average price of $160.43 and a two-hundred day moving average price of $135.96. The company has a market capitalization of $33.70 billion, a P/E ratio of 16.98, a P/E/G ratio of 0.89 and a beta of 1.02. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.37.

Raymond James Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, January 2nd were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This is a positive change from Raymond James’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 1.21%. Raymond James’s payout ratio is 20.60%.

Insider Buying and Selling

In other news, insider Tashtego S. Elwyn sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $159.47, for a total value of $1,594,700.00. Following the completion of the transaction, the insider now owns 32,688 shares of the company’s stock, valued at $5,212,755.36. This represents a 23.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Bella Loykhter Allaire sold 3,451 shares of Raymond James stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $165.62, for a total transaction of $571,554.62. Following the sale, the insider now owns 80,421 shares in the company, valued at approximately $13,319,326.02. This represents a 4.11 % 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 worth $10,729,488 in the last three months. 0.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Raymond James

Several large investors have recently modified their holdings of RJF. Crossmark Global Holdings Inc. raised its position in Raymond James by 19.5% during the 4th quarter. Crossmark Global Holdings Inc. now owns 18,524 shares of the financial services provider’s stock worth $2,878,000 after purchasing an additional 3,028 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of Raymond James by 5.9% in the fourth quarter. Ballentine Partners LLC now owns 2,284 shares of the financial services provider’s stock valued at $355,000 after buying an additional 128 shares during the period. Guinness Asset Management LTD raised its position in shares of Raymond James by 36.0% during the fourth quarter. Guinness Asset Management LTD now owns 4,418 shares of the financial services provider’s stock worth $686,000 after acquiring an additional 1,170 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Raymond James by 7,238.7% in the fourth quarter. UMB Bank n.a. now owns 45,353 shares of the financial services provider’s stock worth $7,045,000 after acquiring an additional 44,735 shares during the period. Finally, HB Wealth Management LLC bought a new stake in Raymond James in the fourth quarter valued at approximately $223,000. Institutional investors own 83.83% of the company’s stock.

Raymond James Company Profile

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.