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Raymond James Financial, Inc. (RJF)

121.95 -5.59 (-4.38%)
At close: 4:00 PM EDT
119.60 -2.35 (-1.93%)
After hours: 4:06 PM EDT
Loading Chart for RJF
DELL
  • Previous Close 127.54
  • Open 123.00
  • Bid 122.01 x 1100
  • Ask 125.00 x 1100
  • Day's Range 117.83 - 123.00
  • 52 Week Range 82.00 - 131.19
  • Volume 2,743,832
  • Avg. Volume 1,043,648
  • Market Cap (intraday) 25.491B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 15.28
  • EPS (TTM) 7.98
  • Earnings Date Jul 24, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 1.80 (1.41%)
  • Ex-Dividend Date Mar 28, 2024
  • 1y Target Est 133.80

Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; diversification strategies and alternative investment products; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment is involved in the private equity investments comprising invests in third-party funds. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.

www.raymondjames.com

18,000

Full Time Employees

September 30

Fiscal Year Ends

Recent News: RJF

Related Videos: RJF

Story behind Raymond James CEO's path to record client assets

Raymond James Financial (RJF) reported its second-quarter earnings revealing revenue of $3.12 billion, which was up 9% year-over-year, just $10 million shy of quarterly estimates. Inversely, the investment bank eked out gains of $2.31 per share (compared to expectations of $2.30). Despite missing out on top-line expectations, the company reported a new record in client assets valued at $1.45 trillion. Raymond James CEO Paul Reilly joins Market Domination to give insight into his company's performance and the secrets behind his success. Reilly has named Raymond James CFO Paul Shoukry to be his successor as chief executive, taking over the position when Reilly plans to retire in October 2025. Reilly names his two biggest accomplishments in his tenure as CEO: "Our big increase in technology, which has paid off, really making the best platforms for wealth advisors anywhere. The second, I haven't messed up the culture yet. We've had 63 years of this tremendous culture, really started by Bob James and institutionalized by Tom James. And through my whole stay, culture has been number one. It's a very family feel firm even for a big firm. Everybody is on a first-name basis. Adviseos aren't afraid to reach out directly to me or anyone else here. And that was also critical as we picked my successor." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Performance Overview: RJF

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

RJF
9.76%
S&P 500
5.84%

1-Year Return

RJF
29.69%
S&P 500
22.03%

3-Year Return

RJF
47.51%
S&P 500
20.77%

5-Year Return

RJF
123.88%
S&P 500
72.46%

Compare To: RJF

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: RJF

Valuation Measures

Annual
As of 4/24/2024
  • Market Cap

    26.66B

  • Enterprise Value

    --

  • Trailing P/E

    15.96

  • Forward P/E

    13.57

  • PEG Ratio (5yr expected)

    1.39

  • Price/Sales (ttm)

    2.35

  • Price/Book (mrq)

    2.49

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    14.82%

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    11.99B

  • Net Income Avi to Common (ttm)

    1.77B

  • Diluted EPS (ttm)

    7.98

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    --

  • Total Debt/Equity (mrq)

    41.75%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: RJF

Analyst Price Targets

123.00
133.80 Average
121.95 Current
145.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: RJF

Fair Value

121.95 Current
 

Dividend Score

0 Low
RJF
Sector Avg.
100 High
 

Hiring Score

0 Low
RJF
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
RJF
Sector Avg.
100 High
 

Research Reports: RJF

  • Daily – Vickers Top Buyers & Sellers for 02/14/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Analyst Report: Raymond James Financial, Inc.

    Raymond James Financial Inc. is a diversified financial services company. The company's businesses provide capital markets, asset management, private client, banking and other services to individuals, corporations and municipalities. The company was founded in 1962 and went public in 1983. RJF has 8700 advisers in the U.S. and total client assets of $1.2 trillion.

    Rating
    Price Target
     
  • Market Digest: AVB, EAT, MCD, RJF, GM

    After four consecutive alarmingly high Nasdaq One-Week Sell/Buy Ratios, data from Vickers Stock Research this week brings a calmer reading. Still, at 3.37, the Nasdaq ratio remains higher than the NYSE ratio at 2.91, this on a scale where readings above 2.50 are bearish. Nevertheless, this data this week represents a sharp decline from the readings in recent weeks, when the Nasdaq One-Week Sell/Buy Ratio reached a peak of 9.80 in the week of January 22, making the current weekly reading the lowest (least glaringly bearish) result since late December.

     
  • Analyst Report: Raymond James Financial, Inc.

    Raymond James Financial Inc. is a diversified financial services company. The company's businesses provide capital markets, asset management, private client, banking and other services to individuals, corporations and municipalities. The company was founded in 1962 and went public in 1983. RJF has 8700 advisers in the U.S. and total client assets of $1.2 trillion.

    Rating
    Price Target
     

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