Assessing Raymond James Finl: Insights From 10 Financial Analysts

Raymond James Finl RJF underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 6 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 2 0 0
2M Ago 0 0 0 0 0
3M Ago 1 2 3 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $158.1, a high estimate of $185.00, and a low estimate of $142.00. This upward trend is evident, with the current average reflecting a 11.81% increase from the previous average price target of $141.40.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Raymond James Finl among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Cho JP Morgan Raises Neutral $166.00 $151.00
Alexander Blostein Goldman Sachs Raises Buy $185.00 $161.00
Kyle Voigt Keefe, Bruyette & Woods Raises Market Perform $170.00 $143.00
Michael Brown Wells Fargo Raises Equal-Weight $169.00 $152.00
Bill Katz TD Cowen Raises Hold $150.00 $128.00
Michael Cyprys Morgan Stanley Raises Equal-Weight $145.00 $132.00
Devin Ryan JMP Securities Raises Market Outperform $150.00 $146.00
Mark McLaughlin B of A Securities Raises Buy $152.00 $136.00
Michael Brown Wells Fargo Raises Overweight $152.00 $140.00
Alexander Blostein Goldman Sachs Raises Neutral $142.00 $125.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Raymond James Finl. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Raymond James Finl compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Raymond James Finl's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Raymond James Finl's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Raymond James Finl analyst ratings.

Get to Know Raymond James Finl Better

Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.5 trillion of assets under administration as of September 2024. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.

Financial Insights: Raymond James Finl

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Raymond James Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 13.28% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 17.59%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Raymond James Finl's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 5.28%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Raymond James Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.73%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Raymond James Finl's debt-to-equity ratio is below the industry average. With a ratio of 0.27, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

Which Stocks Are Analysts Recommending Now?

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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