Seaport Res Ptn Issues Optimistic Outlook for RJF Earnings

Raymond James Financial, Inc. (NYSE:RJF) – Equities researchers at Seaport Res Ptn increased their Q1 2026 earnings estimates for shares of Raymond James Financial in a research note issued on Thursday, October 23rd. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $2.92 per share for the quarter, up from their prior forecast of $2.91. The consensus estimate for Raymond James Financial’s current full-year earnings is $11.17 per share. Seaport Res Ptn also issued estimates for Raymond James Financial’s Q1 2027 earnings at $3.24 EPS, Q2 2027 earnings at $3.10 EPS, Q3 2027 earnings at $3.27 EPS and Q4 2027 earnings at $3.59 EPS.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised their price target on shares of Raymond James Financial from $178.00 to $180.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Wells Fargo & Company raised their price target on shares of Raymond James Financial from $155.00 to $163.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Cowen reissued a “hold” rating on shares of Raymond James Financial in a research note on Thursday, October 23rd. JMP Securities boosted their target price on shares of Raymond James Financial from $185.00 to $190.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Raymond James Financial in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $177.20.

Raymond James Financial Trading Down 1.1%

Shares of Raymond James Financial stock opened at $159.88 on Monday. The stock has a market cap of $31.88 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 1.22 and a beta of 1.03. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.04 and a quick ratio of 1.02. The firm has a fifty day moving average price of $167.22 and a 200 day moving average price of $157.09. Raymond James Financial has a 1 year low of $117.57 and a 1 year high of $177.66.

Raymond James Financial (NYSE:RJF) last issued its earnings results on Wednesday, October 22nd. The financial services provider reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.28. Raymond James Financial had a net margin of 13.42% and a return on equity of 18.33%. The firm had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter last year, the company posted $2.95 earnings per share. The firm’s revenue was up 7.7% compared to the same quarter last year.

Hedge Funds Weigh In On Raymond James Financial

Several institutional investors and hedge funds have recently bought and sold shares of RJF. Vanguard Group Inc. raised its stake in shares of Raymond James Financial by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 22,244,204 shares of the financial services provider’s stock valued at $3,089,942,000 after acquiring an additional 347,916 shares during the period. Primecap Management Co. CA raised its stake in shares of Raymond James Financial by 3.0% in the 2nd quarter. Primecap Management Co. CA now owns 10,013,852 shares of the financial services provider’s stock valued at $1,535,824,000 after acquiring an additional 295,163 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Raymond James Financial by 41.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,616,998 shares of the financial services provider’s stock valued at $861,479,000 after acquiring an additional 1,651,380 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of Raymond James Financial by 0.7% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,136,413 shares of the financial services provider’s stock valued at $574,590,000 after acquiring an additional 29,086 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Raymond James Financial by 19.1% in the 1st quarter. Invesco Ltd. now owns 2,901,435 shares of the financial services provider’s stock valued at $403,038,000 after acquiring an additional 466,129 shares during the period. 83.83% of the stock is currently owned by institutional investors and hedge funds.

Raymond James Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, October 1st. Raymond James Financial’s payout ratio is presently 19.44%.

About Raymond James Financial

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.