Q2 EPS Estimates for Raymond James Reduced by Zacks Research

Raymond James (NYSE:RJF) – Analysts at Zacks Research cut their Q2 2025 EPS estimates for Raymond James in a note issued to investors on Thursday, April 10th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $2.45 for the quarter, down from their previous forecast of $2.49. The consensus estimate for Raymond James’ current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James’ Q4 2025 earnings at $2.69 EPS, FY2025 earnings at $10.59 EPS and Q3 2026 earnings at $2.75 EPS.

Raymond James (NYSE:RJF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.62 by $0.31. Raymond James had a net margin of 14.06% and a return on equity of 19.71%.

A number of other equities research analysts have also commented on RJF. UBS Group upgraded Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Wells Fargo & Company reduced their price target on shares of Raymond James from $176.00 to $143.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th. The Goldman Sachs Group lowered their price objective on shares of Raymond James from $198.00 to $173.00 and set a “buy” rating on the stock in a research report on Thursday, April 3rd. Bank of America increased their target price on shares of Raymond James from $198.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Citigroup decreased their target price on shares of Raymond James from $180.00 to $150.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Nine equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $160.27.

Raymond James Stock Performance

Shares of Raymond James stock opened at $135.08 on Monday. Raymond James has a 12 month low of $104.24 and a 12 month high of $174.32. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.35. The stock has a market cap of $27.68 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 0.90 and a beta of 0.94. The business has a fifty day simple moving average of $145.46 and a 200-day simple moving average of $151.42.

Raymond James Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.48%. The ex-dividend date is Tuesday, April 1st. Raymond James’s payout ratio is 19.51%.

Institutional Trading of Raymond James

Institutional investors and hedge funds have recently made changes to their positions in the stock. MML Investors Services LLC lifted its holdings in Raymond James by 0.4% in the 3rd quarter. MML Investors Services LLC now owns 22,467 shares of the financial services provider’s stock worth $2,751,000 after purchasing an additional 98 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Raymond James in the third quarter worth $463,000. Barclays PLC boosted its holdings in shares of Raymond James by 33.5% during the 3rd quarter. Barclays PLC now owns 847,108 shares of the financial services provider’s stock worth $103,738,000 after buying an additional 212,697 shares during the period. M&T Bank Corp grew its stake in Raymond James by 0.9% in the 3rd quarter. M&T Bank Corp now owns 13,682 shares of the financial services provider’s stock valued at $1,676,000 after buying an additional 125 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Raymond James in the 3rd quarter worth $308,000. Institutional investors and hedge funds 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.