Q2 EPS Estimates for Raymond James Reduced by Zacks Research

Raymond James (NYSE:RJF) – Equities researchers at Zacks Research cut their Q2 2025 earnings estimates for Raymond James in a report released on Monday, March 17th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.49 for the quarter, down from their previous forecast of $2.50. The consensus estimate for Raymond James’ current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James’ Q3 2025 earnings at $2.67 EPS, Q1 2026 earnings at $2.82 EPS, Q2 2026 earnings at $2.84 EPS, FY2026 earnings at $11.68 EPS, Q1 2027 earnings at $3.05 EPS and FY2027 earnings at $12.40 EPS.

Raymond James (NYSE:RJF) last announced its earnings results 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 return on equity of 19.71% and a net margin of 14.06%.

Several other analysts also recently weighed in on the stock. The Goldman Sachs Group raised shares of Raymond James from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $161.00 to $185.00 in a research report on Monday, January 6th. UBS Group raised Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Wells Fargo & Company raised their target price on Raymond James from $168.00 to $176.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. StockNews.com downgraded Raymond James from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, JMP Securities raised their price objective on Raymond James from $175.00 to $190.00 and gave the stock a “market outperform” rating in a research note on Thursday, January 30th. Nine analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Raymond James has a consensus rating of “Hold” and an average price target of $167.55.

Raymond James Stock Performance

RJF opened at $141.64 on Wednesday. The company has a market cap of $29.02 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 0.90 and a beta of 1.04. 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 firm’s 50-day moving average price is $157.02 and its 200-day moving average price is $149.14. Raymond James has a 52-week low of $104.24 and a 52-week high of $174.32.

Hedge Funds Weigh In On Raymond James

Several institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in Raymond James by 31.4% during the third quarter. Wellington Management Group LLP now owns 12,114,502 shares of the financial services provider’s stock worth $1,483,542,000 after buying an additional 2,898,242 shares in the last quarter. Norges Bank purchased a new stake in shares of Raymond James during the 4th quarter worth about $294,647,000. Raymond James Financial Inc. acquired a new stake in shares of Raymond James during the 4th quarter valued at about $105,701,000. Select Equity Group L.P. purchased a new position in shares of Raymond James in the 4th quarter valued at about $81,611,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Raymond James by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,544,610 shares of the financial services provider’s stock valued at $556,533,000 after purchasing an additional 488,245 shares in the last quarter. 83.83% of the stock is owned by hedge funds and other institutional investors.

Raymond James Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, April 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.41%. Raymond James’s payout ratio is 19.51%.

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.