Zacks Research Lowers Earnings Estimates for Raymond James

Raymond James (NYSE:RJF) – Stock analysts at Zacks Research dropped their Q2 2025 earnings estimates for Raymond James in a note issued to investors on Thursday, April 10th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $2.45 per share for the quarter, down from their prior forecast of $2.49. The consensus estimate for Raymond James’ current full-year earnings is $11.17 per share. Zacks Research also issued estimates for Raymond James’ Q4 2025 earnings at $2.69 EPS, FY2025 earnings at $10.59 EPS and Q3 2026 earnings at $2.75 EPS.

Raymond James (NYSE:RJF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.93 EPS for the quarter, beating 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%.

A number of other equities analysts have also weighed in on the stock. UBS Group upgraded shares of Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. JPMorgan Chase & Co. lifted their price objective on shares of Raymond James from $166.00 to $172.00 and gave the company a “neutral” rating in a research note on Thursday, January 30th. Keefe, Bruyette & Woods increased their target price on Raymond James from $170.00 to $177.00 and gave the stock a “market perform” rating in a research report on Thursday, January 30th. JMP Securities cut their price target on Raymond James from $190.00 to $175.00 and set a “market outperform” rating for the company in a report on Tuesday, April 8th. Finally, Wells Fargo & Company decreased their price objective on Raymond James from $176.00 to $143.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. Nine research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Raymond James has a consensus rating of “Hold” and a consensus target price of $160.27.

Raymond James Stock Up 0.9 %

RJF stock opened at $136.24 on Monday. The stock has a fifty day moving average of $144.81 and a 200-day moving average of $151.31. Raymond James has a fifty-two week low of $104.24 and a fifty-two week high of $174.32. The company has a market capitalization of $27.92 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 0.90 and a beta of 0.94. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.03.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RJF. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Raymond James in the 1st quarter worth about $25,000. TCTC Holdings LLC boosted its stake in Raymond James by 176.7% in the fourth quarter. TCTC Holdings LLC now owns 166 shares of the financial services provider’s stock worth $26,000 after buying an additional 106 shares in the last quarter. Y.D. More Investments Ltd grew its position in Raymond James by 121.0% during the fourth quarter. Y.D. More Investments Ltd now owns 232 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 127 shares during the last quarter. Plato Investment Management Ltd raised its stake in shares of Raymond James by 1,142.1% during the fourth quarter. Plato Investment Management Ltd now owns 236 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 217 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Raymond James by 56.7% in the 4th quarter. Covestor Ltd now owns 337 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 122 shares during the last quarter. 83.83% of the stock is currently owned by hedge funds and other institutional investors.

Raymond James Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Tuesday, April 1st. Raymond James’s dividend payout ratio (DPR) is currently 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.