Q3 EPS Estimates for Raymond James Boosted by Zacks Research

Raymond James (NYSE:RJF) – Analysts at Zacks Research boosted their Q3 2025 earnings estimates for Raymond James in a report issued on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the financial services provider will earn $2.66 per share for the quarter, up from their prior forecast of $2.61. The consensus estimate for Raymond James’ current full-year earnings is $11.12 per share. Zacks Research also issued estimates for Raymond James’ Q4 2025 earnings at $2.91 EPS, FY2025 earnings at $11.00 EPS, Q1 2026 earnings at $2.80 EPS, Q2 2026 earnings at $2.83 EPS, Q3 2026 earnings at $3.01 EPS, Q4 2026 earnings at $3.02 EPS, FY2026 earnings at $11.66 EPS, Q1 2027 earnings at $3.00 EPS and FY2027 earnings at $12.25 EPS.

Raymond James (NYSE:RJF) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.31. Raymond James had a net margin of 14.06% and a return on equity of 19.71%.

A number of other brokerages also recently weighed in on RJF. UBS Group upgraded shares of Raymond James from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Citigroup upped their target price on shares of Raymond James from $145.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, January 10th. Wells Fargo & Company upped their target price on shares of Raymond James from $168.00 to $176.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. StockNews.com cut shares of Raymond James from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Bank of America increased their price objective on shares of Raymond James from $198.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Nine investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Raymond James has an average rating of “Hold” and an average target price of $166.09.

Raymond James Stock Down 2.9 %

Shares of Raymond James stock opened at $155.03 on Friday. The company has a market cap of $31.77 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 0.93 and a beta of 1.03. The company’s 50 day moving average is $161.49 and its 200 day moving average is $144.74. Raymond James has a twelve month low of $104.24 and a twelve month high of $174.32. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.35.

Raymond James Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, January 2nd were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.29%. This is a boost from Raymond James’s previous quarterly dividend of $0.45. The ex-dividend date was Thursday, January 2nd. Raymond James’s dividend payout ratio (DPR) is presently 19.51%.

Insider Activity at Raymond James

In other Raymond James news, CEO Paul C. Reilly sold 50,000 shares of Raymond James stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $167.30, for a total value of $8,365,000.00. Following the completion of the transaction, the chief executive officer now directly owns 283,110 shares of the company’s stock, valued at $47,364,303. This trade represents a 15.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Bella Loykhter Allaire sold 1,170 shares of Raymond James stock in a transaction on Friday, November 29th. The stock was sold at an average price of $169.43, for a total transaction of $198,233.10. Following the completion of the transaction, the insider now directly owns 80,421 shares of the company’s stock, valued at $13,625,730.03. The trade was a 1.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,621 shares of company stock valued at $10,729,488. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On Raymond James

A number of institutional investors and hedge funds have recently made changes to their positions in RJF. Allspring Global Investments Holdings LLC grew its stake in shares of Raymond James by 0.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 123,098 shares of the financial services provider’s stock worth $15,075,000 after buying an additional 493 shares in the last quarter. MFA Wealth Advisors LLC boosted its stake in shares of Raymond James by 2.7% during the 3rd quarter. MFA Wealth Advisors LLC now owns 4,051 shares of the financial services provider’s stock worth $496,000 after purchasing an additional 105 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Raymond James by 44,291.7% during the 3rd quarter. International Assets Investment Management LLC now owns 10,654 shares of the financial services provider’s stock worth $1,305,000 after purchasing an additional 10,630 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Raymond James by 3.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 28,820 shares of the financial services provider’s stock worth $3,529,000 after purchasing an additional 928 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Raymond James by 468.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 27,576 shares of the financial services provider’s stock worth $3,377,000 after purchasing an additional 22,728 shares during the period. 83.83% of the stock is owned by hedge funds and other institutional investors.

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.