Raymond James Financial Stock Today
| RJF Stock | USD 123.60 1.64 1.34% |
Performance10 of 100
| Odds Of DistressLess than 12
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Raymond James is trading at 123.60 as of the 20th of April 2024. This is a 1.34 percent increase since the beginning of the trading day. The stock's lowest day price was 122.29. Raymond James has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Raymond James Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 30th of December 1987 | Classification Financials |
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 company has 209.03 M outstanding shares of which 4.26 M shares are at this time shorted by investors with about 4.48 days to cover. More on Raymond James Financial
Moving together with Raymond Stock
| 0.71 | DIST | Distoken Acquisition | PairCorr |
| 0.73 | AB | AllianceBernstein Earnings Call This Week | PairCorr |
| 0.68 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
Moving against Raymond Stock
| 0.67 | AC | Associated Capital | PairCorr |
| 0.64 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
| 0.59 | DHIL | Diamond Hill Investment | PairCorr |
Raymond Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Raymond James' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Raymond James or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Raymond James' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Raymond James' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Dennis Zank | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Investment Banking & Brokerage, Financial Services, NYSE Composite, SP 500 Index, ARCA Securities Broker, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Raymond James report their recommendations after researching Raymond James' financial statements, talking to executives and customers, or listening in on Raymond James' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Raymond James Financial. The Raymond consensus assessment is calculated by taking the average forecast from all of the analysts covering Raymond James. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Raymond James' liquidity, profitability, solvency, and operating efficiency, Raymond James Financial is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Raymond James Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Raymond James' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Raymond James' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Raymond James' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Raymond James' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Raymond James' financial leverage. It provides some insight into what part of Raymond James' total assets is financed by creditors.
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Raymond James Financial (RJF) is traded on New York Stock Exchange in USA. It is located in 880 Carillon Parkway, Saint Petersburg, FL, United States, 33716 and employs 18,000 people. Raymond James is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 25.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Raymond James's market, we take the total number of its shares issued and multiply it by Raymond James's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Raymond James Financial runs under Capital Markets sector within Financials industry. The entity has 209.03 M outstanding shares of which 4.26 M shares are at this time shorted by investors with about 4.48 days to cover.
Raymond James Financial has about 6.18 B in cash with (3.51 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 108.93.
Check Raymond James Probability Of Bankruptcy
Ownership AllocationRaymond James owns a total of 209.03 Million outstanding shares. The majority of Raymond James Financial outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Raymond James Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Raymond James. Please pay attention to any change in the institutional holdings of Raymond James Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Raymond Ownership Details
Raymond Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Raymond James jumping above the current price in 90 days from now is about 22.64%. The Raymond James Financial probability density function shows the probability of Raymond James stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0002 indicating Raymond James Financial market returns are reactive to returns on the market. As the market goes up or down, Raymond James is expected to follow. Additionally, raymond James Financial has an alpha of 0.114, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Raymond James to move above the current price in 90 days from now is about 22.64 (This Raymond James Financial probability density function shows the probability of Raymond Stock to fall within a particular range of prices over 90 days) .
Raymond Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Raymond James that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Raymond James' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Raymond James' value.| Instituion | Recorded On | Shares | |
| Earnest Partners Llc | 2023-12-31 | 2.3 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 2.2 M | |
| Agf Management Ltd | 2023-12-31 | 2.1 M | |
| Norges Bank | 2023-12-31 | 2.1 M | |
| Brave Warrior Advisors Llc | 2023-09-30 | 2.1 M | |
| Northern Trust Corp | 2023-12-31 | 2 M | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 1.9 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.8 M | |
| Bank Of America Corp | 2023-12-31 | 1.7 M | |
| Vanguard Group Inc | 2023-12-31 | 22.3 M | |
| Blackrock Inc | 2023-12-31 | 16.4 M |
Raymond James Historical Income Statement
Raymond James Financial Income Statement is one of the three primary financial statements used for reporting Raymond's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Raymond James Financial revenue and expense. Raymond James Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Raymond James' Operating Income is most likely to increase significantly in the upcoming years. The Raymond James' current EBIT is estimated to increase to about 8.7 B, while Cost Of Revenue is projected to decrease to roughly 231.7 M. View More FundamentalsRaymond Stock Against Markets
Picking the right benchmark for Raymond James stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Raymond James stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Raymond James is critical whether you are bullish or bearish towards Raymond James Financial at a given time. Please also check how Raymond James' historical prices are related to one of the top price index indicators.
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Raymond James Corporate Directors
Raymond James corporate directors refer to members of a Raymond James board of directors. The board of directors generally takes responsibility for the Raymond James' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Raymond James' board members must vote for the resolution. The Raymond James board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan Story | Non-Executive Lead Independent Director | Profile | |
| Jeffrey Edwards | Non-Executive Independent Director | Profile | |
| Gordon Johnson | Non-Executive Independent Director | Profile | |
| Roderick McGeary | Non-Executive Independent Director | Profile |
How to buy Raymond Stock?
Before investing in Raymond James, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Raymond James. To buy Raymond James stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Raymond James. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Raymond James stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Raymond James Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Raymond James Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Raymond James Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Raymond Stock please use our How to Invest in Raymond James guide.
Already Invested in Raymond James Financial?
The danger of trading Raymond James Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Raymond James is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Raymond James. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Raymond James Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Raymond James Financial is a strong investment it is important to analyze Raymond James' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Raymond James' future performance. For an informed investment choice regarding Raymond Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Raymond Stock analysis
When running Raymond James' price analysis, check to measure Raymond James' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raymond James is operating at the current time. Most of Raymond James' value examination focuses on studying past and present price action to predict the probability of Raymond James' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raymond James' price. Additionally, you may evaluate how the addition of Raymond James to your portfolios can decrease your overall portfolio volatility.
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Is Raymond James' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raymond James. If investors know Raymond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raymond James listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.009 | Dividend Share 1.71 | Earnings Share 7.99 | Revenue Per Share 55.841 | Quarterly Revenue Growth 0.083 |
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.