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Raymond James Financial Inc

Raymond James Financial Inc

RJF
$173.46USD↓-0.04%-0.07 today

MARKET CAP

33.4B

P/E (TTM)

14.5x

FWD P/E

12.4x

DAY RANGE

$172 – $177

52W RANGE

$139
$183

AI Summary

Stalk
Sell NowMedium

RJF has breached its key support cluster around the 173–174 zone, closing decisively below the declining short-term EMAs and the 50-day SMA. This support failure signals a shift to a medium-term bearish bias, with price now forming lower highs and lower lows. Short-term conditions are unfavorable for new long entries and favor reducing exposure on rallies. The long-term uptrend remains intact but is entering a corrective phase. Execution should focus on selling into rallies back into the former support area and EMAs.

  • ↑Q3 revenue $3.93B (+16% YoY, +2% QoQ)
  • ↑Adjusted EPS a record $3.14
  • ↓Weak profitability factors suggest thin margins
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Raymond James Financial, Inc. (NYSE:RJF) is a leading diversified financial services firm based in the United States, providing a comprehensive range of investment banking, asset management, and brokerage services. Renowned for its advisor-centric model, the company fosters a culture of integrity and prioritizes client relationships in a competitive financial services landscape. Its strategic emphasis on innovative technology adoption, particularly AI, positions Raymond James favorably within the ongoing market shift towards digitization and automation.

Bull says

  • ↑Q3 revenue $3.93B (+16% YoY, +2% QoQ)
  • ↑Adjusted EPS a record $3.14
  • ↑AI platform ‘Raymond’ adoption at 99.5% satisfaction
  • ↑$21.7B net new assets in Q3 (5.5% annualized growth)
  • ↑$1.6B in share repurchases over past year
  • ↑High earnings yield, strong momentum, favorable rate sensitivity, low volatility

Bear says

  • ↓Weak profitability factors suggest thin margins
  • ↓Negative growth factors imply potential revenue stagnation
  • ↓Legal defenses driving higher operational costs
  • ↓Activity levels below normalized environment limit growth
  • ↓Unpredictable deal timing clouds investment banking revenues
  • ↓Weak dividend yield and elevated short interest signal caution

Investment themes with RJF

High Dividend Yield↓ -0.51%

Companies paying above-average dividends

AVGO · JPM · XOM
Quality↓ -0.56%

Companies with strong fundamentals and stability

NVDA · AAPL · MSFT
Capital Markets↓ -1.45%

Debt and equity trading fueling economic growth

SNEX · AAMI · PWP
Brokerages↓ -0.86%

GS · MS · SCHW

Earnings Call · Q4 2024 · Mgmt. Guidance

Updated 10-26-2025neutral

Transcript signals

Bull points

  • In fiscal 2024, we generated record net revenues and record net income, showcasing the strength of our diverse and complementary businesses.
  • the firm reported record fiscal fourth quarter net revenues of $3.46 billion, net income available to common shareholders of $601 million, and earnings per diluted share of $2.86.
  • We generated strong returns for the quarter with annualized return on common equity of 21.2% and annualized adjusted return on tangible common equity of 25.8%.

Bear points

  • a portion of those assets left the firm in the fiscal fourth quarter, totaling roughly $3 billion of AUA.
  • We anticipate approximately $5 billion of assets associated with these firms to complete their transfers off the platform in early fiscal 2025.
  • I'm not sure we're willing to declare a total end to the cash reinvestment,
Read full transcript analysis ›