Seaport Res Ptn Comments on Raymond James’ Q1 2025 Earnings (NYSE:RJF)

Raymond James (NYSE:RJF) – Stock analysts at Seaport Res Ptn raised their Q1 2025 EPS estimates for shares of Raymond James in a research report issued on Friday, April 26th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings per share of $2.59 for the quarter, up from their previous estimate of $2.51. The consensus estimate for Raymond James’ current full-year earnings is $9.37 per share.

Raymond James (NYSE:RJF) last released its earnings results on Wednesday, April 24th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.32 by ($0.01). The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.15 billion. Raymond James had a net margin of 12.72% and a return on equity of 18.24%. The business’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.03 earnings per share.

RJF has been the subject of several other research reports. Citigroup increased their price target on shares of Raymond James from $112.00 to $132.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. StockNews.com cut shares of Raymond James from a “buy” rating to a “hold” rating in a report on Friday, February 9th. Jefferies Financial Group reiterated a “hold” rating and issued a $117.00 price objective (up previously from $112.00) on shares of Raymond James in a research note on Tuesday, January 9th. UBS Group decreased their target price on Raymond James from $116.00 to $115.00 and set a “neutral” rating for the company in a research report on Thursday, January 25th. Finally, Morgan Stanley upped their price target on Raymond James from $113.00 to $123.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 9th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $126.22.

Raymond James Stock Down 1.0 %

Shares of NYSE:RJF opened at $122.00 on Monday. Raymond James has a 1 year low of $82.00 and a 1 year high of $131.19. The company has a market capitalization of $25.50 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 0.85 and a beta of 1.05. The business has a fifty day moving average price of $123.20 and a two-hundred day moving average price of $112.85. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.99 and a quick ratio of 0.97.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Future Financial Wealth Managment LLC purchased a new stake in Raymond James in the first quarter valued at approximately $33,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Raymond James during the 4th quarter valued at $30,000. OLD Point Trust & Financial Services N A purchased a new stake in shares of Raymond James during the 4th quarter valued at $33,000. Addison Advisors LLC lifted its holdings in shares of Raymond James by 32.9% during the 3rd quarter. Addison Advisors LLC now owns 416 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 103 shares during the last quarter. Finally, CVA Family Office LLC purchased a new position in Raymond James in the fourth quarter worth $50,000. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Insiders Place Their Bets

In other news, Director Art A. Garcia acquired 879 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was bought at an average cost of $112.30 per share, for a total transaction of $98,711.70. Following the completion of the transaction, the director now owns 879 shares of the company’s stock, valued at $98,711.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Steven M. Raney sold 4,174 shares of the business’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $121.01, for a total transaction of $505,095.74. Following the completion of the transaction, the chief executive officer now directly owns 51,009 shares in the company, valued at $6,172,599.09. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Art A. Garcia bought 879 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $112.30 per share, for a total transaction of $98,711.70. Following the completion of the purchase, the director now directly owns 879 shares in the company, valued at $98,711.70. The disclosure for this purchase can be found here. 9.74% of the stock is owned by corporate insiders.

Raymond James Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 1.48%. Raymond James’s dividend payout ratio (DPR) is 21.77%.

About Raymond James

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.