Raymond James Financial (NYSE:RJF) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

28 Jan 2026, 17:04 by Doug Wharley · The Cerbat Gem

Raymond James Financial (NYSE:RJF – Get Free Report) announced its earnings results on Wednesday. The financial services provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.01, FiscalAI reports. Raymond James Financial had a return on equity of 18.19% and a net margin of 13.42%.The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.83 billion.

Raymond James Financial Stock Down 0.3%

RJF stock traded down $0.44 during midday trading on Wednesday, hitting $168.58. The company’s stock had a trading volume of 1,511,687 shares, compared to its average volume of 1,177,579. The firm’s 50-day moving average is $163.75 and its 200-day moving average is $164.58. The company has a current ratio of 1.07, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44. Raymond James Financial has a 12 month low of $117.57 and a 12 month high of $177.66. The company has a market cap of $33.29 billion, a PE ratio of 16.38, a P/E/G ratio of 1.33 and a beta of 0.99.

Raymond James Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, January 2nd. This is an increase from Raymond James Financial’s previous quarterly dividend of $0.50. Raymond James Financial’s dividend payout ratio (DPR) is presently 20.99%.

Insider Activity

In related news, insider Paul C. Reilly sold 130,687 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $163.15, for a total transaction of $21,321,584.05. Following the sale, the insider directly owned 260,546 shares of the company’s stock, valued at $42,508,079.90. This trade represents a 33.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.58% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Raymond James Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new position in shares of Raymond James Financial in the 3rd quarter worth $82,000. MUFG Securities EMEA plc bought a new stake in shares of Raymond James Financial during the 2nd quarter valued at about $83,000. Fiduciary Trust Co purchased a new stake in shares of Raymond James Financial during the 3rd quarter valued at about $202,000. EverSource Wealth Advisors LLC lifted its stake in shares of Raymond James Financial by 137.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,184 shares of the financial services provider’s stock worth $182,000 after purchasing an additional 685 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Raymond James Financial by 62.9% in the third quarter. Brown Brothers Harriman & Co. now owns 1,331 shares of the financial services provider’s stock worth $230,000 after buying an additional 514 shares during the last quarter. Hedge funds and other institutional investors own 83.83% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on RJF shares. JPMorgan Chase & Co. upped their price objective on shares of Raymond James Financial from $178.00 to $180.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Bank of America increased their price target on shares of Raymond James Financial from $194.00 to $196.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Keefe, Bruyette & Woods raised their price objective on shares of Raymond James Financial from $174.00 to $181.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. Morgan Stanley reiterated a “positive” rating on shares of Raymond James Financial in a report on Monday, December 22nd. Finally, Citigroup restated an “outperform” rating on shares of Raymond James Financial in a research report on Thursday, October 9th. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $182.17.

Read Our Latest Report on Raymond James Financial

Raymond James Financial Company Profile

(Get Free Report)

Raymond James Financial is a diversified financial services firm headquartered in St. Petersburg, Florida. Founded in 1962, the company provides a range of services to individual investors, businesses and institutions through a combination of wealth management, capital markets, investment banking, asset management, banking and trust services. Its business model centers on a network of financial advisors and broker-dealer operations that deliver personalized financial planning, investment advisory services and brokerage solutions.

The firm’s core offerings include private client wealth management delivered by independent and employee advisors, equity and fixed-income research, institutional sales and trading, and investment banking services such as mergers and acquisitions advisory and capital raising.