Q1 EPS Estimates for Raymond James Boosted by Zacks Research

Raymond James (NYSE:RJF) – Equities research analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Raymond James in a report issued on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $2.63 per share for the quarter, up from their previous forecast of $2.62. The consensus estimate for Raymond James’ current full-year earnings is $10.78 per share. Zacks Research also issued estimates for Raymond James’ Q4 2026 earnings at $3.05 EPS and FY2026 earnings at $11.04 EPS.

A number of other brokerages also recently commented on RJF. The Goldman Sachs Group boosted their price objective on shares of Raymond James from $125.00 to $142.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Bank of America increased their price target on shares of Raymond James from $136.00 to $152.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley lifted their target price on shares of Raymond James from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 29th. TD Cowen upped their price objective on Raymond James from $128.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Finally, JMP Securities boosted their target price 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $140.91.

Raymond James Stock Performance

Shares of RJF stock opened at $160.68 on Friday. The company has a market cap of $33.09 billion, a P/E ratio of 16.55, a PEG ratio of 0.81 and a beta of 0.99. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.41. Raymond James has a 52 week low of $102.42 and a 52 week high of $163.45. The business has a 50 day moving average of $135.23 and a two-hundred day moving average of $124.52.

Raymond James (NYSE:RJF) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.54. Raymond James had a return on equity of 19.61% and a net margin of 13.86%. The firm had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the firm earned $2.13 EPS. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year.

Hedge Funds Weigh In On Raymond James

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC boosted its position in shares of Raymond James by 3,960.0% during the third quarter. Wolff Wiese Magana LLC now owns 203 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 198 shares during the last quarter. Quarry LP bought a new position in Raymond James in the second quarter worth about $29,000. Covestor Ltd grew its position in shares of Raymond James by 77.0% in the 1st quarter. Covestor Ltd now owns 239 shares of the financial services provider’s stock worth $31,000 after buying an additional 104 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Raymond James during the third quarter valued at approximately $32,000. Finally, Gladius Capital Management LP purchased a new stake in shares of Raymond James during the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Raymond James Announces Dividend

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

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.