Raymond James Financial
About: Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of nearly 8,800 independent and employee-affiliated advisors, who collectively manage over $1.5 trillion in client assets as of fiscal year-end 2024. While Raymond James maintains a global footprint, the company derives over 90% of its revenue, and an even larger percentage of its operating income, from the United States.
Employees: 8,787
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $105M | Put options by funds: $41.4M
29% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 89
22% more repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 263
2% more funds holding
Funds holding: 823 [Q4 2024] → 837 (+14) [Q1 2025]
0.04% more ownership
Funds ownership: 75.14% [Q4 2024] → 75.18% (+0.04%) [Q1 2025]
10% less capital invested
Capital invested by funds: $23.8B [Q4 2024] → $21.4B (-$2.43B) [Q1 2025]
38% less funds holding in top 10
Funds holding in top 10: 16 [Q4 2024] → 10 (-6) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$163
4%
downside
Avg. target
$172
1%
upside
High target
$180
6%
upside
6 analyst ratings
1 positive
17%
5 neutral
83%
0 negative
0%
Keefe, Bruyette & Woods Kyle Voigt | 0%upside $170 | Market Perform Maintained | 24 Jul 2025 |
JP Morgan Michael Cho | 2%upside $172 | Neutral Maintained | 24 Jul 2025 |
Morgan Stanley Michael Cyprys | 6%upside $180 | Equal-Weight Maintained | 15 Jul 2025 |
JMP Securities Brian Fitzgerald | 6%upside $180 | Market Outperform Maintained | 14 Jul 2025 |
Wells Fargo Michael Brown | 4%downside $163 | Equal-Weight Maintained | 11 Jul 2025 |
Financial journalist opinion
Based on 15 articles about RJF published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Raymond James Financial, Inc. (RJF) Just Flashed Golden Cross Signal: Do You Buy?
Raymond James Financial, Inc. (RJF) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, RJF's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
Neutral
Fox Business
5 days ago
Clients are focused on the long-term goals, Raymond James Financial CEO explains
Raymond James Financial CEO Paul Shoukry unpacks top concerns for clients on 'The Claman Countdown.' #foxbusiness #foxbusinessnews #politics #investing #usnews #markets
Neutral
Zacks Investment Research
6 days ago
RJF Falls as Q3 Earnings Lag on Legal Reserve, IB & Trading Stay Solid
Raymond James misses fiscal Q3 earnings expectations due to a $58M legal reserve. On the other hand, trading and IB strength help lift revenues.
Neutral
GlobeNewsWire
6 days ago
Raymond James Achieves 150 Consecutive Quarters of Profitability, Celebrating Nearly Four Decades of Resilient Growth
ST. PETERSBURG, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- Raymond James has reached a rare and remarkable milestone: 150 consecutive quarters of profitability, a streak spanning nearly 38 years. Announced in the firm's fiscal third-quarter earnings, the achievement reflects Raymond James' enduring strength, guided by a clear set of values and the steady leadership of Chair Emeritus Tom James, Chair Paul Reilly and current CEO Paul Shoukry. Since 1987, the firm has successfully navigated some of the most challenging periods in financial history — from the Black Monday crash and the dot-com bubble to the 2008 global financial crisis and the COVID-19 pandemic. Over that time, Raymond James has grown its annual net income from $9.6 million to more than $2 billion, while client assets under administration have surpassed $1.5 trillion. “When my father founded what would become Raymond James Financial in 1962, he built it on a simple but powerful idea: put clients first,” said Tom James. “That philosophy has guided us through decades of change and challenge. I'm certain he never imagined the scale we've reached today, but his values remain at the heart of every decision we make. I'm deeply grateful to the thousands of professionals who've helped shape this firm's success.” What began as a small financial planning office in downtown St. Petersburg has grown into a global financial services firm with nearly 17,000 employees and 8,900 affiliated financial advisors across two continents. Today, Raymond James includes a thriving Private Client Group, an Asset Management division, a Capital Markets business, and two banks — Raymond James Bank and TriState Capital Bank. “When I became CEO in 2010, I was fortunate to inherit a firm shaped by the vision and values of Tom and Bob James,” said Paul Reilly. “They had already built the framework and culture that continue to define Raymond James today. My role was to carry forward their legacy — to uphold the principles they instilled and ensure they remained central to our growth. By staying true to our long-term strategy and putting people first, we've not only endured through market volatility, recessions, natural disasters and a global pandemic — we've continued to thrive.” The firm's success has been widely recognized, most recently by JD Power's Investor Satisfaction Survey, which cited Raymond James as the top wealth management firm for advised investor satisfaction and included top marks for trust and its people, products and services. “The playbook Bob James introduced more than 60 years ago still works — because it's built on timeless values,” said CEO Paul Shoukry. “Our people understand the culture, believe in it, and live it every day. It's an honor to lead such a committed and principled team.”
Positive
Seeking Alpha
6 days ago
Raymond James: Rising Markets Offset Cash Headwinds (Rating Upgrade)
Raymond James Financial's fundamentals remain strong, with higher AUM and resilient net interest income despite recent earnings noise from a one-time legal reserve. Client cash outflows and potential Fed rate cuts are key risks, but capital returns and a robust balance sheet provide meaningful downside protection. A strong Q4 is expected as rising markets boost advisory revenue and ongoing buybacks enhance shareholder value given excess capital.
Neutral
Seeking Alpha
6 days ago
Raymond James: Consider Both Earnings Disappointment And Long-Term Potential
I maintain a hold rating on RJF after evaluating the company's recent performance and its prospects over a longer time horizon. RJF's Q3 FY25 bottom-line miss was driven by a non-recurring legal-related reserve and the Capital Markets segment's weaker-than-expected growth. But the firm is well-placed to meet its FY2030 topline goal, taking into account the share gain potential for specific business units like Private Client Group.
Positive
The Motley Fool
6 days ago
Raymond James Posts 5 Percent Q3 Gain
Raymond James Posts 5 Percent Q3 Gain
Neutral
Seeking Alpha
6 days ago
Raymond James Financial, Inc. (RJF) Q3 2025 Earnings Call Transcript
Raymond James Financial, Inc. (NYSE:RJF ) Q3 2025 Earnings Conference Call July 23, 2025 5:00 PM ET Company Participants Jonathan W. Oorlog - Senior VP, CFO & Controller Kristina Waugh - Senior Vice President of Investor Relations and FP&A Paul Christopher Reilly - Corporate Participant Executive Chair - Corporate Participant Paul Marone Shoukry - CEO & Director Conference Call Participants Alexander Blostein - Goldman Sachs Group, Inc., Research Division Daniel Thomas Fannon - Jefferies LLC, Research Division Devin Patrick Ryan - Citizens JMP Securities, LLC, Research Division James Francis Mitchell - Seaport Research Partners Kyle Kenneth Voigt - Keefe, Bruyette, & Woods, Inc., Research Division Michael Cho - JPMorgan Chase & Co, Research Division Michael J.
Positive
Zacks Investment Research
1 week ago
Raymond James Financial (RJF) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Raymond James Financial (RJF) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 week ago
Raymond James Financial, Inc. (RJF) Q3 Earnings Lag Estimates
Raymond James Financial, Inc. (RJF) came out with quarterly earnings of $2.18 per share, missing the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $2.39 per share a year ago.
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