RJF Stock Overview
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.
Raymond James Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$98.07|
|52 Week High||US$103.46|
|52 Week Low||US$60.56|
|1 Month Change||-2.82%|
|3 Month Change||5.80%|
|1 Year Change||55.91%|
|3 Year Change||89.86%|
|5 Year Change||98.82%|
|Change since IPO||15,858.30%|
Recent News & Updates
Here's Why I Think Raymond James Financial (NYSE:RJF) Is An Interesting Stock
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Raymond James Financial: Spotlight On Inorganic And Organic Growth Prospects
RJF's recent proposed deal to buy a leading U.K. wealth management firm was a positive surprise in terms of expanding the company's international presence. The two key risks that could lead to slower-than-expected organic growth for RJF in fiscal 2022 are slower-than-expected recruitment activity and lower-than-expected net interest margin. The market values RJF at consensus forward fiscal 2021 and 2022 normalized P/E multiples of 14.4 times and 14.8 times, respectively.
|RJF||US Capital Markets||US Market|
Return vs Industry: RJF exceeded the US Capital Markets industry which returned 42% over the past year.
Return vs Market: RJF exceeded the US Market which returned 17.8% over the past year.
|RJF Average Weekly Movement||3.4%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: RJF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RJF's weekly volatility (3%) has been stable over the past year.
About the Company
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 investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; and securities borrowing and lending services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services.
Raymond James Financial Fundamentals Summary
|RJF fundamental statistics|
Is RJF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RJF income statement (TTM)|
|Cost of Revenue||US$559.00m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.80|
|Net Profit Margin||14.28%|
How did RJF perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Raymond James Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RJF ($98.07) is trading below our estimate of fair value ($149.87)
Significantly Below Fair Value: RJF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RJF's PE Ratio (14.4x) is in line with the US Capital Markets industry average.
PE vs Market: RJF is good value based on its PE Ratio (14.4x) compared to the US market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: RJF is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: RJF is good value based on its PB Ratio (2.5x) compared to the US Capital Markets industry average (49.7x).
How is Raymond James Financial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RJF's forecast earnings growth (8.5% per year) is above the savings rate (2%).
Earnings vs Market: RJF's earnings (8.5% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: RJF's earnings are forecast to grow, but not significantly.
Revenue vs Market: RJF's revenue (8.6% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: RJF's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RJF's Return on Equity is forecast to be low in 3 years time (16.6%).
How has Raymond James Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RJF has high quality earnings.
Growing Profit Margin: RJF's current net profit margins (14.3%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: RJF's earnings have grown by 14.7% per year over the past 5 years.
Accelerating Growth: RJF's earnings growth over the past year (71.5%) exceeds its 5-year average (14.7% per year).
Earnings vs Industry: RJF earnings growth over the past year (71.5%) underperformed the Capital Markets industry 89%.
Return on Equity
High ROE: RJF's Return on Equity (16.9%) is considered low.
How is Raymond James Financial's financial position?
Financial Position Analysis
Short Term Liabilities: RJF's short term assets ($49.9B) exceed its short term liabilities ($17.0B).
Long Term Liabilities: RJF's short term assets ($49.9B) exceed its long term liabilities ($36.6B).
Debt to Equity History and Analysis
Debt Level: RJF has more cash than its total debt.
Reducing Debt: RJF's debt to equity ratio has reduced from 71.8% to 40.9% over the past 5 years.
Debt Coverage: RJF's debt is well covered by operating cash flow (194.9%).
Interest Coverage: Insufficient data to determine if RJF's interest payments on its debt are well covered by EBIT.
What is Raymond James Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RJF's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: RJF's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: RJF's dividends per share have been stable in the past 10 years.
Growing Dividend: RJF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.3%), RJF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RJF's dividends in 3 years are forecast to be well covered by earnings (20.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Reilly (66 yo)
Mr. Paul Christopher Reilly serves as the Chief Executive Officer of Raymond James Financial Inc since May 2010, after joining the Company’s management team as President in May 2009 until April 2010. He ha...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD12.45M) is about average for companies of similar size in the US market ($USD11.11M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Management: RJF's management team is considered experienced (3 years average tenure).
Experienced Board: RJF's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RJF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Raymond James Financial, Inc.'s employee growth, exchange listings and data sources
- Name: Raymond James Financial, Inc.
- Ticker: RJF
- Exchange: NYSE
- Founded: 1962
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$19.567b
- Shares outstanding: 206.16m
- Website: https://www.raymondjames.com
Number of Employees
- Raymond James Financial, Inc.
- 880 Carillon Parkway
- Saint Petersburg
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:29|
|End of Day Share Price||2021/12/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.