(RJF) Raymond James Financial - Overview

Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 27.822m USD | Total Return: 10.6% in 12m

Stock Investments, Banking, Brokerage, Planning, Management
Total Rating 34
Safety 36
Buy Signal -0.26
Asset Management +6.7
Investment Banking & Brokerage +7.6
Market Cap: 27,822m
Avg Trading Vol: 190M USD
ATR: 2.72%
Peers RS (IBD): 40.4
Risk 5d forecast
Volatility25.2%
Rel. Tail Risk-2.28%
Reward TTM
Sharpe Ratio0.18
Alpha-13.31
Character TTM
Beta1.033
Beta Downside1.153
Drawdowns 3y
Max DD28.12%
CAGR/Max DD0.67
EPS (Earnings per Share) EPS (Earnings per Share) of RJF over the last years for every Quarter: "2021-03": 1.67, "2021-06": 1.83, "2021-09": 2.06, "2021-12": 2.12, "2022-03": 1.55, "2022-06": 1.61, "2022-09": 2.08, "2022-12": 2.29, "2023-03": 2.03, "2023-06": 1.85, "2023-09": 2.13, "2023-12": 2.4, "2024-03": 2.31, "2024-06": 2.39, "2024-09": 2.95, "2024-12": 2.93, "2025-03": 2.42, "2025-06": 2.18, "2025-09": 3.11, "2025-12": 2.86,
EPS CAGR: 17.75%
EPS Trend: 81.1%
Last SUE: -0.39
Qual. Beats: 0
Revenue Revenue of RJF over the last years for every Quarter: 2021-03: 2378, 2021-06: 2477, 2021-09: 2693, 2021-12: 2780, 2022-03: 2711, 2022-06: 2740, 2022-09: 2965, 2022-12: 2993, 2023-03: 3157, 2023-06: 3253, 2023-09: 3474, 2023-12: 3480, 2024-03: 3594, 2024-06: 3714, 2024-09: 3953, 2024-12: 3982, 2025-03: 3791, 2025-06: 3786, 2025-09: 4130, 2025-12: 4176,
Rev. CAGR: 12.21%
Rev. Trend: 96.6%
Last SUE: 0.54
Qual. Beats: 0
Description: RJF Raymond James Financial

Raymond James Financial, Inc. (RJF) is a diversified financial services company operating in the United States, Canada, and Europe. It provides services to individuals, corporations, and municipalities.

The companys Private Client Group offers financial planning, investment advisory, and securities transaction services. This segment is characteristic of wealth management firms, which focus on personalized financial solutions for individual clients.

The Capital Markets segment handles investment banking services, including equity and debt underwriting and M&A advisory, alongside fixed income and equity brokerage. Investment banking is a key component of the financial sector, facilitating capital raising and corporate transactions.

Asset Management provides portfolio management and related administrative services to retail and institutional clients. This business model relies on generating fees from assets under management (AUM).

The Bank segment offers various loan types, including securities-based and commercial real estate, along with FDIC-insured deposit accounts. This segment operates as a traditional bank, providing lending and deposit services.

The Other segment includes private equity investments. To gain a deeper understanding of RJFs financial health and market position, consider exploring detailed analyses available on platforms like ValueRay.

Headlines to Watch Out For
  • Interest rate fluctuations impact net interest income
  • Equity market performance drives advisory fees
  • Investment banking activity affects capital markets revenue
  • Regulatory changes increase compliance costs
  • Client asset growth boosts recurring revenue
Piotroski VR‑10 (Strict) 5.0
Net Income: 2.10b TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.98 > 1.0
NWC/Revenue: -291.2% < 20% (prev -268.9%; Δ -22.33% < -1%)
CFO/TA 0.02 > 3% & CFO 1.75b > Net Income 2.10b
Net Debt (-5.30b) to EBITDA (2.84b): -1.87 < 3
Current Ratio: 0.31 > 1.5 & < 3
Outstanding Shares: last quarter (201.4m) vs 12m ago -3.73% < -2%
Gross Margin: 88.50% > 18% (prev 0.86%; Δ 8.76k% > 0.5%)
Asset Turnover: 18.57% > 50% (prev 18.53%; Δ 0.05% > 0%)
Interest Coverage Ratio: 1.10 > 6 (EBITDA TTM 2.84b / Interest Expense TTM 1.79b)
Altman Z'' -2.56
A: -0.52 (Total Current Assets 21.23b - Total Current Liabilities 67.49b) / Total Assets 88.76b
B: 0.16 (Retained Earnings 14.05b / Total Assets 88.76b)
C: 0.02 (EBIT TTM 1.97b / Avg Total Assets 85.52b)
D: 0.18 (Book Value of Equity 13.71b / Total Liabilities 76.19b)
Altman-Z'' Score: -2.56 = D
Beneish M -2.97
DSRI: 1.03 (Receivables 4.45b/4.16b, Revenue 15.88b/15.24b)
GMI: 0.97 (GM 88.50% / 86.05%)
AQI: 1.04 (AQ_t 0.75 / AQ_t-1 0.72)
SGI: 1.04 (Revenue 15.88b / 15.24b)
TATA: 0.00 (NI 2.10b - CFO 1.75b) / TA 88.76b)
Beneish M-Score: -2.97 (Cap -4..+1) = A
What is the price of RJF shares? As of April 04, 2026, the stock is trading at USD 144.79 with a total of 1,819,764 shares traded.
Over the past week, the price has changed by +1.00%, over one month by -7.17%, over three months by -14.70% and over the past year by +10.61%.
Is RJF a buy, sell or hold? Raymond James Financial has received a consensus analysts rating of 3.43. Therefor, it is recommend to hold RJF.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 10
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the RJF price?
Wallstreet Target Price 184.8 27.7%
Analysts Target Price 184.8 27.7%
RJF Fundamental Data Overview as of 01 April 2026
P/E Trailing = 13.7722
P/E Forward = 12.0773
P/S = 1.9571
P/B = 2.2691
P/EG = 0.8814
Revenue TTM = 15.88b USD
EBIT TTM = 1.97b USD
EBITDA TTM = 2.84b USD
Long Term Debt = 4.22b USD (from longTermDebt, last quarter)
Short Term Debt = 368.0m USD (from shortTermDebt, last quarter)
Debt = 4.59b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.30b USD (from netDebt column, last quarter)
Enterprise Value = 22.52b USD (27.82b + Debt 4.59b - CCE 9.89b)
Interest Coverage Ratio = 1.10 (Ebit TTM 1.97b / Interest Expense TTM 1.79b)
EV/FCF = 14.49x (Enterprise Value 22.52b / FCF TTM 1.55b)
FCF Yield = 6.90% (FCF TTM 1.55b / Enterprise Value 22.52b)
FCF Margin = 9.78% (FCF TTM 1.55b / Revenue TTM 15.88b)
Net Margin = 13.21% (Net Income TTM 2.10b / Revenue TTM 15.88b)
Gross Margin = 88.50% ((Revenue TTM 15.88b - Cost of Revenue TTM 1.83b) / Revenue TTM)
Gross Margin QoQ = 89.44% (prev 88.64%)
Tobins Q-Ratio = 0.25 (Enterprise Value 22.52b / Total Assets 88.76b)
Interest Expense / Debt = 9.61% (Interest Expense 441.0m / Debt 4.59b)
Taxrate = 22.66% (165.0m / 728.0m)
NOPAT = 1.52b (EBIT 1.97b * (1 - 22.66%))
Current Ratio = 0.31 (Total Current Assets 21.23b / Total Current Liabilities 67.49b)
Debt / Equity = 0.37 (Debt 4.59b / totalStockholderEquity, last quarter 12.57b)
Debt / EBITDA = -1.87 (Net Debt -5.30b / EBITDA 2.84b)
Debt / FCF = -3.41 (Net Debt -5.30b / FCF TTM 1.55b)
Total Stockholder Equity = 12.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.45% (Net Income 2.10b / Total Assets 88.76b)
RoE = 16.94% (Net Income TTM 2.10b / Total Stockholder Equity 12.39b)
RoCE = 11.83% (EBIT 1.97b / Capital Employed (Equity 12.39b + L.T.Debt 4.22b))
RoIC = 9.58% (NOPAT 1.52b / Invested Capital 15.86b)
WACC = 9.30% (E(27.82b)/V(32.41b) * Re(9.61%) + D(4.59b)/V(32.41b) * Rd(9.61%) * (1-Tc(0.23)))
Discount Rate = 9.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.94%
[DCF] Terminal Value 64.98% ; FCFF base≈1.83b ; Y1≈1.20b ; Y5≈549.7m
[DCF] Fair Price = 71.87 (EV 8.86b - Net Debt -5.30b = Equity 14.16b / Shares 197.1m; r=9.30% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 81.12 | EPS CAGR: 17.75% | SUE: -0.39 | # QB: 0
Revenue Correlation: 96.57 | Revenue CAGR: 12.21% | SUE: 0.54 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.02 | Chg7d=+0.000 | Chg30d=-0.007 | Revisions Net=+5 | Analysts=11
EPS current Year (2026-09-30): EPS=12.09 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+13.5% | Growth Revenue=+11.0%
EPS next Year (2027-09-30): EPS=13.73 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+6 | Growth EPS=+13.6% | Growth Revenue=+7.8%
[Analyst] Revisions Ratio: +0.71 (6 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.3% (Discount Rate 9.6% - Earnings Yield 7.3%)
[Growth] Growth Spread = +13.3% (Analyst 15.7% - Implied 2.3%)
External Resources
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