Raymond James Financial, Inc.

Raymond James Financial, Inc.

RJF

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Market Cap$30.37B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Raymond James Financial, Inc.Raymond James Financial, Inc.14.21.33%-1.9-

Earnings Call Q2 2026

April 22, 2026 - AI Summary

Strong Financial Performance: Raymond James reported record revenues of $3.86 billion in Q2 2026, marking a 13% year-over-year increase and a 3% rise from the previous quarter. Pretax income reached $735 million, up 10% from the same quarter last year and a 1% increase sequentially.
Adviser Recruitment and Retention: The firm maintained a robust recruitment pipeline with $23 billion in net new assets during the quarter, reflecting a 5.8% annualized growth rate. The trailing production of newly recruited advisers totaled $141 million, with substantial client assets transferred, indicating strong retention and recruitment momentum against competitors.
Mixed Impact of Interest Rates: Although the Private Client Group (PCG) assets under administration increased by 15% year-over-year, the lower interest rate environment presented challenges, reducing non-compensable revenues and impacting pretax margins, which fell slightly from the previous year. The ongoing trend of declining interest rates continues to be a headwind for margins.

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$163.29

Target Price by Analysts

3.7% upsideRaymond James Financial Target Price DetailsTarget Price
$155.64

Current Fair Value

1.1% downside

Overvalued by 1.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$30.37 Billion
Enterprise Value$23.69 Billion
Dividend Yield$2.08 (1.33%)
Earnings per Share$10.53
Beta0.95
Outstanding Shares196,100,000

Return

Return on EquityNaN%ROE
Return on Assets2.71%
Return on Invested Capital14.23%

Valuation & Multiples

P/E Ratio14.24P/E Ratio
PEG-PEG
Price to Sales1.9Price to Sales
Price to Book Ratio2.04Price to Book Ratio
Enterprise Value to Revenue1.44
Enterprise Value to EBIT8.92
Enterprise Value to Net Income11
Total Debt to Enterprise0.15
Debt to Equity-Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 22, 2026
EPS Estimate
$2.76
Average shareholder expectation
Revenue Estimate
$3.85 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 22, 2026
EPS Estimate
$2.91
Average shareholder expectation
Revenue Estimate
$3.87 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.3623▼ 15.90%
Total Calls389,716▼ 26.58%
Total Puts141,195▼ 48.97%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %77.00%▼ 0.68%
Total Invested$21.95B▼ 10.71%
Investors Holding934▼ 26.00%

ESG Score

No data

About Raymond James Financial, Inc.

18,910 employees
CEO: Paul Reilly

Raymond James Financial, Inc. is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company ...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation, directly influencing corporate tax structures, capital investment credits, and the overall tax burden on financial markets and industries, which is highly critical for Raymond James and its clients.

Finance

This powerful committee controls taxation, trade, and entitlement spending. Its decisions on corporate and capital gains tax policy directly impact corporate valuations, client wealth management strategies, investment decisions, and overall market sentiment, making it critically relevant to Raymond James.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC, which regulates the derivatives/futures market where Raymond James is active. Crucially, it is also a key player in defining cryptocurrencies as digital commodities, directly impacting an emerging asset class relevant to financial services.

Banking, Housing, and Urban Affairs

This committee directly regulates the entire financial system, including the Fed and SEC, setting bank capital requirements, overseeing cryptocurrency regulation, and impacting real estate markets. This is central to Raymond James' core operations as a diversified financial services firm.