Q1 EPS Estimates for Raymond James Raised by Zacks Research

Raymond James (NYSE:RJF) – Equities researchers at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for shares of Raymond James in a report issued on Tuesday, November 12th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.59 for the quarter, up from their previous forecast of $2.51. The consensus estimate for Raymond James’ current full-year earnings is $10.73 per share. Zacks Research also issued estimates for Raymond James’ Q2 2025 earnings at $2.46 EPS, Q3 2025 earnings at $2.54 EPS, Q4 2025 earnings at $2.68 EPS, FY2025 earnings at $10.28 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $2.70 EPS and FY2027 earnings at $11.63 EPS.

Raymond James (NYSE:RJF) last announced its quarterly earnings data 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 net margin of 13.86% and a return on equity of 19.61%. The business had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the previous year, the business earned $2.13 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis.

A number of other brokerages have also weighed in on RJF. TD Cowen boosted their price objective on Raymond James from $128.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Bank of America upped their price objective on Raymond James from $136.00 to $152.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on shares of Raymond James from $125.00 to $142.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. cut their price objective on Raymond James from $137.00 to $135.00 and set an “overweight” rating on the stock in a research note on Thursday, July 25th. Finally, JMP Securities boosted their price objective 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. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $140.91.

Raymond James Stock Performance

NYSE RJF opened at $160.64 on Thursday. Raymond James has a fifty-two week low of $101.90 and a fifty-two week high of $163.45. The stock has a market cap of $33.08 billion, a PE ratio of 16.54, a PEG ratio of 0.82 and a beta of 0.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.99 and a current ratio of 1.02. The firm’s fifty day moving average price is $133.47 and its two-hundred day moving average price is $123.99.

Raymond James Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 1.12%. Raymond James’s dividend payout ratio (DPR) is 18.54%.

Hedge Funds Weigh In On Raymond James

Several institutional investors have recently modified their holdings of the business. Metis Global Partners LLC raised its position in shares of Raymond James by 1.4% in the third quarter. Metis Global Partners LLC now owns 6,115 shares of the financial services provider’s stock valued at $749,000 after purchasing an additional 82 shares during the period. Wedmont Private Capital raised its holdings in shares of Raymond James by 5.1% during the 3rd quarter. Wedmont Private Capital now owns 1,769 shares of the financial services provider’s stock valued at $222,000 after buying an additional 86 shares in the last quarter. Portside Wealth Group LLC lifted its position in Raymond James by 3.9% in the 3rd quarter. Portside Wealth Group LLC now owns 2,495 shares of the financial services provider’s stock worth $306,000 after buying an additional 93 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its stake in Raymond James by 1.6% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 6,237 shares of the financial services provider’s stock worth $771,000 after buying an additional 96 shares in the last quarter. Finally, Covestor Ltd grew its position in Raymond James by 77.0% during the first quarter. Covestor Ltd now owns 239 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 104 shares during the last quarter. 83.83% of the stock is owned by institutional investors.

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.