Raymond James Financial, Inc.
(RJF)
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124.42 USD +1.03
Closed: 03 May, 3:55 pm
Symbol RJF
Market Cap 26B
Price 124.42
Open 125.00
52-wk High 131.19
50 Day Avg 123.34
Earnings Announcement 2024-07-24
Website https://www.raymondjames.com
Name Raymond James Financial, Inc.
Shares Outstanding 209,028,000
Change % 0.363%
Low 123.81
52-wk Low 84.06
200 Day Avg 110.53
Last Dividend 1.80
Exchange NYSE
Volume 596,682
Previous Close 123.97
High 125.00
EPS 8.28
PE 15.03
Avg Volume 1,026,132
CUSIP 754730109
Raymond James Financial, Inc. Outlook
Description 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; and securities borrowing and lending services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential, securities-based, and other loans; and loan syndication services. The Other segment engages in the private equity investments, including various direct and third-party private equity investments; and legacy private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
Currency USD
ISIN US7547301090
Industry Financial - Capital Markets
Changes 0.45
CUSIP 754730109
Range 84.06 - 131.19
Beta 1.04
CIK 0000720005

Raymond James Financial, Inc. News

30-Apr-2024 10:51 AM

Seven bank-stock picks as industry nears ‘positive inflections'

There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appearing to be high relative to expected earnings compared to historical levels.

25-Apr-2024 4:34 PM

Raymond James: Still Bullish Considering In-Line Results And Positive Outlook

Raymond James Financial's Q2 FY 2024 results met expectations, with revenue growing and normalized EPS growing by +9% YoY and +14% YoY, respectively. RJF's Q3 FY 2024 prospects are favorable based on an evaluation of its recruitment and asset growth metrics. A Buy rating for Raymond James Financial is maintained, taking into consideration its in-line second quarter earnings and positive outlook for Q3.

25-Apr-2024 8:11 AM

Raymond James' (RJF) Q2 Earnings Miss, Revenues Rise Y/Y

Higher expenses and a rise in provisions hurt Raymond James' (RJF) fiscal Q2 earnings. Yet, a rise in revenues on the back of robust capital markets performance offers supports.

24-Apr-2024 9:30 PM

Raymond James Financial (RJF) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Raymond James Financial (RJF) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

24-Apr-2024 6:36 PM

Raymond James Financial, Inc. (RJF) Misses Q2 Earnings Estimates

Raymond James Financial, Inc. (RJF) came out with quarterly earnings of $2.31 per share, missing the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.03 per share a year ago.

22-Apr-2024 8:51 AM

What's in Store for Raymond James (RJF) in Q2 Earnings?

Improvement in IB business and decent trading performance, along with higher interest income, are expected to have supported Raymond James' (RJF) fiscal Q2 earnings.

19-Apr-2024 10:20 AM

Wall Street's Insights Into Key Metrics Ahead of Raymond James Financial (RJF) Q2 Earnings

Besides Wall Street's top -and-bottom-line estimates for Raymond James Financial (RJF), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

04-Apr-2024 9:47 AM

Here's Why You Should Buy Raymond James (RJF) Stock Now

A turnaround in the capital markets business, Raymond James' (RJF) efforts to grow organically and inorganically, and a solid balance sheet position are likely to aid financials. This makes the stock worth investing in.

01-Apr-2024 1:00 PM

Raymond James Financial (RJF) Upgraded to Buy: What Does It Mean for the Stock?

Raymond James Financial (RJF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

01-Apr-2024 1:00 PM

Are You Looking for a Top Momentum Pick? Why Raymond James Financial, Inc. (RJF) is a Great Choice

Does Raymond James Financial, Inc. (RJF) have what it takes to be a top stock pick for momentum investors? Let's find out.

01-Apr-2024 6:06 AM

3 Companies Buying Back Stock Before New Highs

Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.