Raymond James (RJF)

Financials · NYSE · US

$159.76+1.10% today

Price as at 2 Oct 2026, 03:18 UTC. Quotes are delayed.

Fundamentals

Market cap$32.76B
P/E ratio15.9
Dividend yield1.28%
Revenue growth (YoY)+13.1%
Profit margin14.6%
Return on equity17.3%
52-week range$138.82 to $182.73

Valuation and ratings

Fair value estimate$333.06
Upside to fair value+108.5%
Analyst target (mean)$182.67
Analyst range$160.00 to $205.00
Analysts with price targets12
Consensus viewbuy
Moat score75/100
Overall rating80/100, high quality

Fair value: $333.06 (+108.5%), see how we got there

Raymond James trades at $159.76, which is 108% below the $333.06 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 15.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

RJF dividend history

Dividend yield1.28%
Paid, trailing 12 months$2.16 per share
Most recent payment$0.540, ex 1 Oct 2026
5-year growth (p.a.)+22.0%
Consecutive years of growth1
Consecutive years paid40

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$2.164
2025$2.004
2024$1.353
2023$1.714
2022$1.785
2021$1.044
2020$0.7403
2019$1.155
2018$0.7334
2017$0.4403
2016$0.5474

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

RJF earnings and analyst estimates

EPS estimate, next year$13.96
Expected EPS growth+16.6%
Expected revenue growth+9.8%

Recommendation mix, 14 published ratings

5 buy9 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Raymond James

Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising investments in third-party funds. The company offers corporate, retail banking and trust services. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.

Industry: Asset ManagementEmployees: 19,500HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

RJF passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

14 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in RJF

Trades in RJF disclosed by members of Congress and executive-branch officials, latest first:

  • Julie Johnson · HouseSell · $1,001 - $15,000 · traded 7 Apr 2025 · disclosed 14 May 2025
  • Jared Moskowitz · HouseSell · $100,001 - $250,000 · traded 14 Jul 2023 · disclosed 21 Aug 2024
  • Daniel Goldman · HouseSell · $15,001 - $50,000 · traded 6 Mar 2023 · disclosed 17 Apr 2023
  • Daniel Goldman · HouseBuy · $15,001 - $50,000 · traded 31 Jan 2023 · disclosed 24 Feb 2023

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

RJF peers

The largest companies in the same industry, then in the same sector.

Every financials company we cover is on the Financials hub.

Common questions

Is Raymond James (RJF) undervalued?

Against our fair value estimate of $333.06, RJF at $159.76 is 108% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own RJF?

14 of the institutions we track reported a position in RJF in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is RJF's P/E ratio?

RJF trades at 15.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Raymond James (RJF) pay a dividend?

Yes. Raymond James yields 1.28% at the current share price. It has paid $2.16 per share over the trailing twelve months. It has paid a dividend in each of the last 40 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its RJF data?

Fundamentals for RJF come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 03:18 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for RJF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.