Q3 EPS Estimates for Raymond James Lifted by Zacks Research

Raymond James (NYSE:RJF) – Equities research analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for Raymond James in a note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $2.61 per share for the quarter, up from their previous estimate of $2.60. The consensus estimate for Raymond James’ current full-year earnings is $10.99 per share.

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

Several other brokerages have also recently commented on RJF. Wells Fargo & Company decreased their target price on Raymond James from $169.00 to $168.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. Morgan Stanley lifted their target price on shares of Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Raymond James from a “neutral” rating to a “buy” rating and upped their price target for the stock from $161.00 to $185.00 in a research note on Monday, January 6th. Jefferies Financial Group lifted their price objective on Raymond James from $123.00 to $126.00 and gave the company a “hold” rating in a research report on Friday, October 4th. Finally, Bank of America boosted their target price on Raymond James from $136.00 to $152.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Nine investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $156.09.

Raymond James Trading Up 1.3 %

Raymond James stock opened at $167.00 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 has a market capitalization of $34.13 billion, a price-to-earnings ratio of 17.20, a P/E/G ratio of 0.89 and a beta of 1.02. The company has a 50 day moving average price of $160.77 and a 200 day moving average price of $136.56.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Donoghue Forlines LLC bought a new position in shares of Raymond James during the 4th quarter worth about $2,055,000. Market Street Wealth Management Advisors LLC bought a new position in Raymond James during the fourth quarter valued at about $210,000. Janney Montgomery Scott LLC raised its holdings in Raymond James by 0.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 35,095 shares of the financial services provider’s stock valued at $5,451,000 after acquiring an additional 249 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Raymond James by 92.7% in the 4th quarter. SG Americas Securities LLC now owns 14,267 shares of the financial services provider’s stock worth $2,216,000 after acquiring an additional 6,865 shares during the period. Finally, Simon Quick Advisors LLC acquired a new stake in shares of Raymond James during the 4th quarter worth approximately $204,000. 83.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Raymond James

In other Raymond James news, CEO Paul C. Reilly sold 50,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 283,110 shares of the company’s stock, valued at $47,364,303. The trade was a 15.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tashtego S. Elwyn sold 10,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $159.47, for a total value of $1,594,700.00. Following the completion of the sale, the insider now directly owns 32,688 shares in the company, valued at approximately $5,212,755.36. This represents a 23.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 64,621 shares of company stock valued at $10,729,488. Corporate insiders own 0.54% of the company’s stock.

Raymond James Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.50 per share. This is a positive change from Raymond James’s previous quarterly dividend of $0.45. The ex-dividend date was Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.20%. Raymond James’s dividend payout ratio is currently 20.60%.

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.