Raymond James Q1 EPS Forecast Increased by Zacks Research

Raymond James (NYSE:RJF) – Stock analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Raymond James in a research report issued to clients and investors on Tuesday, November 12th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.63 for the quarter, up from their previous forecast of $2.62. The consensus estimate for Raymond James’ current full-year earnings is $10.78 per share. Zacks Research also issued estimates for Raymond James’ Q4 2026 earnings at $3.05 EPS and FY2026 earnings at $11.04 EPS.

Raymond James (NYSE:RJF) last posted its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.32 billion. Raymond James had a net margin of 13.86% and a return on equity of 19.61%. Raymond James’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm posted $2.13 EPS.

Other equities research analysts also recently issued reports about the company. Wells Fargo & Company increased their price target on Raymond James from $140.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. TD Cowen lifted their price target on Raymond James from $128.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. JMP Securities upped their price objective on Raymond James from $146.00 to $150.00 and gave the stock a “market outperform” rating in a research report on Thursday, October 24th. The Goldman Sachs Group lifted their target price on shares of Raymond James from $125.00 to $142.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Finally, Jefferies Financial Group increased their price target on shares of Raymond James from $123.00 to $126.00 and gave the stock a “hold” rating in a report on Friday, October 4th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Raymond James currently has an average rating of “Hold” and a consensus target price of $140.91.

Raymond James Trading Down 0.3 %

Shares of Raymond James stock opened at $160.15 on Friday. The stock has a market cap of $32.98 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 0.81 and a beta of 0.99. The firm has a fifty day moving average price of $134.32 and a 200 day moving average price of $124.24. Raymond James has a 1 year low of $102.42 and a 1 year high of $163.45. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.02 and a quick ratio of 0.99.

Raymond James Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Tuesday, October 1st. Raymond James’s payout ratio is 18.54%.

Institutional Investors Weigh In On Raymond James

Large investors have recently bought and sold shares of the company. Metis Global Partners LLC boosted its stake in shares of Raymond James by 1.4% in the third quarter. Metis Global Partners LLC now owns 6,115 shares of the financial services provider’s stock worth $749,000 after acquiring an additional 82 shares during the last quarter. Wedmont Private Capital lifted its holdings in Raymond James by 5.1% in the 3rd quarter. Wedmont Private Capital now owns 1,769 shares of the financial services provider’s stock valued at $222,000 after purchasing an additional 86 shares in the last quarter. Portside Wealth Group LLC boosted its stake in Raymond James by 3.9% during the 3rd quarter. Portside Wealth Group LLC now owns 2,495 shares of the financial services provider’s stock worth $306,000 after purchasing an additional 93 shares during the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in shares of Raymond James by 1.6% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 6,237 shares of the financial services provider’s stock worth $771,000 after buying an additional 96 shares in the last quarter. Finally, Covestor Ltd raised its position in shares of Raymond James by 77.0% in the first quarter. Covestor Ltd now owns 239 shares of the financial services provider’s stock valued at $31,000 after buying an additional 104 shares during the last quarter. 83.83% of the stock is currently 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.