RJF · NYQ
S&P 500
Raymond James Financial, Inc.
Financial services · Asset Management
$168.11
+$0.31 (+0.18%) Nov 10, 2026
Session of Nov 10, 2026 · updated · Source: Yahoo Finance
Consensus of 16 analysts
Buy
Median price target $182.00 +8.3%
- Open
- $168.59
- Day range
- 166.83 – $169.41
- 52-week range
- 138.82 – $182.73
- Volume
- 950,417
- Market cap
- $32,338M
- P/E (TTM)
- 14.1x
- EPS (TTM)
- $11.91
- EPS est. FY 2027
- $14.23
- P/E est. FY 2027
- 11.8x
- Dividend yield
- n/a
- Beta
- 0.95
- Payout
- 18%
The analysis of this company is being prepared and will appear in the next update.
Raymond James Financial financials
Q2 2026 results, quarter ended Jun 30, 2026
| Metric | Q2 2026 | 1-year change |
|---|---|---|
| Total revenue | $3,865M | +15.6% |
| Net income | $595M | +36.5% |
| Earnings per share | $3.01 | +32.8% |
| Net margin | 15.4% | +2.3 pp |
| Free cash flow | −$308M | −148.6% |
| Debt / equity | 0.35 | +49.4% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | $3,342M | $436M |
| Q3 2025 | $3,667M | $604M |
| Q4 2025 | $3,672M | $563M |
| Q1 2026 | $3,796M | $544M |
| Q2 2026 | $3,865M | $595M |
Raymond James Financial earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 13 | $3.3073.01 – 3.49 | +15.6%$2.860 |
| Next quarterQ1 2027 · Analysts: 13 | $3.4483.27 – 3.60 | +21.8%$2.830 |
| Current yearFY 2027 · Analysts: 15 | $14.22513.41 – 14.96 | +14.6%$12.410 |
| Next yearFY 2028 · Analysts: 11 | $16.38113.40 – 18.17 | +15.2%$14.225 |
Forward P/E: 11.8x (FY 2027) and 10.3x (FY 2028) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | $2.267 | — |
| Q3 2025 | $2.950 | — |
| Q4 2025 | $2.860 | $2.835 |
| Q1 2026 | $2.830 | $2.762 |
| Q2 2026 | $3.140 | $2.912 |
| Q3 2026 | $3.590 | $3.271 |
| Q4 2026 | — | $3.307 |
| Q1 2027 | — | $3.448 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| FY 2023 | $7.970 | — |
| FY 2024 | $9.700 | — |
| FY 2025 | $10.300 | — |
| FY 2026 | $11.910 | — |
| FY 2027 | — | $14.225 |
| FY 2028 | — | $16.381 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $3.448 | +21.8% |
| Q4 2026Estimated | $3.307 | +15.6% |
| Q3 2026 | $3.590est. $3.271 · surprise +9.8% | +21.7% |
| Q2 2026 | $3.140est. $2.912 · surprise +7.8% | +38.5% |
| Q1 2026 | $2.830est. $2.762 · surprise +2.5% | n/a |
| Q4 2025 | $2.860est. $2.835 · surprise +0.9% | n/a |
| Q3 2025 | $2.950 | n/a |
| Q2 2025 | $2.267 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| FY 2028Estimated | $16.381 | +15.2% |
| FY 2027Estimated | $14.225 | +19.4% |
| FY 2026 | $11.910 | +15.6% |
| FY 2025 | $10.300 | +6.2% |
| FY 2024 | $9.700 | +21.7% |
| FY 2023 | $7.970 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Raymond James Financial dividend
Yield and payments
| Dividend yield (TTM) | n/a |
| Forward yield (next 12m) | 1.3% |
| Dividend per share (TTM) | $0.00 |
| Forward dividend (next 12m) | $2.16 |
| Payout (TTM) | 18% |
| Last dividend | $0.54Oct 1, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $1.15 |
| 2020 | $0.74 |
| 2021 | $1.04 |
| 2022 | $1.78 |
| 2023 | $1.71 |
| 2024 | $1.35 |
| 2025 | $2.00 |
| est. 12m | $2.16 |
Raymond James Financial forecasts
16 analyst ratings
Consensus: Buy · 6 buy, 10 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $205.00 | +21.9% |
| Median | $182.00 | +8.3% |
| Low | $160.00 | −4.8% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $156.54 |
| Dec 31, 2025 | $160.59 |
| Jan 30, 2026 | $165.86 |
| Feb 27, 2026 | $153.08 |
| Mar 31, 2026 | $144.79 |
| Apr 30, 2026 | $158.32 |
| May 29, 2026 | $143.41 |
| Jun 30, 2026 | $152.03 |
| Jul 31, 2026 | $175.98 |
| Aug 31, 2026 | $178.17 |
| Sep 30, 2026 | $158.02 |
| Oct 30, 2026 | $157.22 |
| Nov 10, 2026 | $168.11 |
Raymond James Financial peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| RJF | Raymond James Financial | 32,338 | 14.1x | 168.11 | +0.18% | 138.82182.73 |
| BLK | BlackRock | 188,729 | 27.8x | 1,222.15 | +0.61% | 917.391,242.12 |
| BX | Blackstone | 151,248 | 27.3x | 122.53 | −1.23% | 101.73165.14 |
| KKR | KKR & | 93,008 | 29.6x | 100.85 | +2.81% | 82.67144.84 |
| APO | Apollo Global Management | 72,470 | n/a | 122.74 | +0.44% | 99.56153.29 |
| STT | State Street | 46,694 | 14.0x | 171.62 | +0.43% | 111.63195.93 |
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