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RJF
Raymond James Financial, Inc.
$151.37
1.18
(0.79%)
| Exchange: | NYSE |
| Market Cap: | 29.499B |
| Shares Outstanding: | 119.303M |
Delayed data
About The Company
| Sector: | Financial Services | |||||
| Industry: | Financial – Capital Markets | |||||
| CEO: | Paul Marone Shoukry | |||||
| Full Time Employees: | 24565 | |||||
| Address: |
| |||||
| Website: | https://www.raymondjames.com |
Raymond James Financial, Inc. operates as a comprehensive financial services firm, extending a wide array of services to individuals, businesses, and governmental entities throughout the United States, Canada, and Europe. Its diverse operations are categorized into several key segments: Private Client Group, Capital Markets, Asset Management, Banking, and an “Other” category. The Private Client Group division equips clients with various investment solutions, personalized portfolio management, a selection of insurance and annuity products, and mutual funds. This segment also provides essential backing to third-party product partners, covering aspects like sales and marketing support, distribution, accounting, and general administrative assistance. Additionally, it facilitates margin loans and offers securities borrowing and lending services. Within the Capital Markets segment, the company engages in investment banking activities, which include orchestrating equity and debt offerings, along with offering expert advisory services for mergers and acquisitions. It further provides robust brokerage services for both fixed income and equity securities. The Asset Management segment specializes in delivering sophisticated asset and portfolio management services, complemented by administrative support functions such as detailed record-keeping, for both individual (retail) and institutional clients. Raymond James Bank maintains a portfolio of insured deposit accounts and a diverse range of lending products. These include commercial and industrial loans, financing for commercial real estate (CRE) and CRE construction, tax-exempt loans, residential mortgages, and securities-based loans. The bank also plays a role in loan syndication. Finally, the Other segment encompasses the firm’s private equity activities, comprising direct investments and those made through third-party private equity funds, as well as the management of legacy private equity portfolios. Established in 1962, the company’s corporate headquarters are situated in St. Petersburg, Florida.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 12,841,000 | 14,741,000 | 15,912,000 |
| Gross Profit | 11,336,000 | 12,594,000 | 14,028,000 |
| EBITDA | 2,445,000 | 2,822,000 | 4,756,000 |
| Operating Income | 2,280,000 | 2,643,000 | 4,561,000 |
| Net Income | 1,739,000 | 2,068,000 | 2,135,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 78,360,000 | 82,992,000 | 88,230,000 |
| Total Liabilities | 68,173,000 | 71,325,000 | 75,726,000 |
| Total Stockholders Equity | 10,214,000 | 11,673,000 | 12,503,000 |
| Total Debt | 3,476,000 | 4,027,000 | 4,411,000 |
| Cash and Cash Equivalents | 9,313,000 | 10,998,000 | 11,389,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -3,514,000 | 2,155,000 | 0 |
| Capital Expenditure | -173,000 | -205,000 | 0 |
| Free Cash Flow | -3,687,000 | 1,950,000 | 0 |
| Net Income | 1,739,000 | 2,068,000 | 0 |
| Net Change in Cash | -2,111,000 | 1,800,000 | 0 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 19,097,409.492 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 19,685,966.880 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 19,409,538.800 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 7,389,223.949 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 7,616,950.246 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 7,509,993.907 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 3,776,887.674 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 3,928,951.473 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 3,857,531.918 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 11,117,744.411 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 11,460,378.872 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 11,299,453.551 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 18.670 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 19.020 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 18.280 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 2 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: RJF demonstrates consistent revenue growth as reflected in recent income statements, with strong net income and operating cash flow figures. The company's ability to generate positive free cash flow (as per cash flow statements) supports financial stability and flexibility for reinvestment or dividend payouts.
- High Profitability Metrics: Key metrics such as gross profit margin TTM and net profit margin TTM indicate efficient cost management and profitability compared to industry averages, positioning RJF as a leader within the financial services sector.
- Strong Balance Sheet: Balance sheet data highlights a healthy level of cash and cash equivalents alongside manageable total liabilities, with a reasonable debt-to-equity ratio TTM, reflecting a solid financial foundation to weather economic fluctuations.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates RJF intrinsic value between $135.15 – $147.68 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
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Common questions about RJF valuation
Is Raymond James Financial, Inc. (RJF) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Raymond James Financial, Inc. (RJF) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is RJF a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether RJF trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is RJF’s P/E ratio?
You can see RJF’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for RJF?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is RJF a good long-term investment?
Whether RJF fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
RJF
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Daily snapshot
0.79
Trading Metrics:
| Open: | 150.91 | Previous Close: | 150.19 | |
| Day Low: | 148.13 | Day High: | 152.52 | |
| Year Low: | 138.82 | Year High: | 177.66 | |
| Price Avg 50: | 150.68 | Price Avg 200: | 159.35 | |
| Volume: | 996222 | Average Volume: | 1.406M |
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Login — it's freeRJF full analysis
Welcome Welcome Welcome to MARKETSNAP’s SWOT analysis for Raymond James & Associates, or as we often refer to it in the ticker world, RJF. I I'm I I'm I If you’re tuning in, you’re likely a long-term investor looking to dig into the nitty gritty of a solid financial services player. Raymond James is a well-established name in the investment and financial planning game, and I I I today, we’re going to unpack where they stand, what’s driving their story,…
