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Raymond James Financial, Inc. (RJF) Stock Analysis

By Nova Skye | AltStation.io | Updated February 07, 2026

Price

$171.22

Change

+2.25%

Market Cap

$33.73B

Avg Volume

1.2M

Company Overview

Raymond James Financial, Inc. is a diversified financial services firm headquartered in Saint Petersburg, Florida. The company offers a wide range of services including wealth management, investment banking, capital markets, and banking solutions. Their clients include individuals, corporations, and municipalities across the U.S., Canada, and Europe. Key services provided include financial planning, investment advisory, securities transactions, and various loan products, making them a comprehensive player in the financial sector.

In terms of competitive position, Raymond James is a strong challenger in the financial services industry, particularly in the asset management and wealth management sectors. They compete with major firms like Charles Schwab, Morgan Stanley, and Goldman Sachs. Their edge lies in a client-first approach, solid investment strategies, and a diversified service portfolio. However, threats include increasing fee pressures and competition from robo-advisors that target cost-sensitive investors.

Currently, Raymond James is in a growth phase, reporting a 12% increase in net revenues year-over-year as of Q3 2023. Notable milestones include strategic acquisitions that have enhanced their service offerings and expanded their geographic footprint. The firm is also focusing on integrating technology to improve client engagement and streamline operations, which positions them well against evolving market demands.

Key Financials

Market Cap

$33.73B

Revenue

$14.22B

EBITDA

N/A

Gross Margin

93.0%

Profit Margin

14.8%

Revenue Growth

7.5%

Total Cash

$17.07B

Total Debt

$6.06B

Free Cash Flow

N/A

52-Week Price Performance Analysis

Price Statistics

P/E Ratio

16.74

Forward P/E

12.45

Beta

1.00

52-Week High

$177.66

52-Week Low

$117.57

EPS

$10.23

50-Day Avg

$164.87

200-Day Avg

$160.03

Price/Book

2.73

Technical Analysis

Over the past 52 weeks, Raymond James Financial, Inc. (RJF) has displayed a generally upward trend, gaining approximately 7.4% from a low of around $129 to the current price of $171.22. Key support is identified at the $160 level, which has held firm during pullbacks, while resistance is observed around $172.14, a level that the stock has approached but not consistently breached in recent months. Notably, the chart shows several higher lows, indicating a bullish price pattern and improving investor sentiment. Recent momentum has been positive, with the stock making incremental gains over the last few weeks, suggesting buyers are becoming increasingly active. Currently, at $171.22, the price is near the high end of the 52-week range, implying strong relative performance and potential for a breakout above the resistance level at $172.14 if bullish momentum continues.

Recent News and Developments

Here’s a summary of the latest news and developments for Raymond James Financial, Inc

(RJF) stock in the past week, focusing on events that occurred between February 1-7, 2026, or had their impact felt during this period:

Market Update

### Raymond James Reports Mixed Q1 Fiscal 2026 Results, Stock Dips Slightly

Market Update

Raymond James Financial released its first-quarter fiscal 2026 earnings on January 28, 2026, just prior to the past week, with market reaction and analysis carrying into the specified period. The company reported adjusted earnings per share (EPS) of $2.86, slightly exceeding analyst consensus estimates of $2.83. However, revenues of $3.74 billion fell short of the forecasted $3.83 billion, despite

Market Sentiment and Analyst Recommendations

Bull Case

Raymond James is firing on multiple cylinders. The company just posted record quarterly revenue of $3.74B while beating EPS estimates, and the 7.5% revenue growth is solid for a financial services firm in this rate environment. The balance sheet is fortress-like with $17.07B in cash against only $6.06B in debt, giving management real flexibility for acquisitions or shareholder returns. The new ESOP advisory unit and proprietary AI agent “Rai” represent genuine competitive moats in wealth management and operations—not just marketing fluff. At 16.74x P/E, the stock trades below historical averages for the sector while analysts see 8% upside to the $184.83 target. The technical setup is bullish with higher lows forming and $172 resistance about to break.

Bear Case

The earnings miss on revenue (actual $3.74B vs. expected $3.83B) signals margin pressure or client activity slowdown, which matters in a business that scales with client assets and trading volume. At $171.22, the stock is already near the 52-week high, leaving limited room for error before hitting valuation resistance. A pullback in wealth management flows or a decline in trading activity would hurt both revenue and earnings immediately. The analyst consensus is actually “Hold,” not “Buy”—that gap between the 12 Buy ratings you cited and the broader consensus suggests disagreement on near-term catalysts. Interest rate cuts would compress net interest margins for the advisory and lending side, a real headwind if the Fed pivots.

What to Watch

Monitor Q2 fiscal 2026 earnings in April for revenue trends—specifically whether the $3.74B Q1 number was a peak or a new run rate. Watch client asset flows and the net new money metric, which directly drive future revenue. Track the ESOP advisory unit’s deal pipeline over the next two quarters; if this becomes a $50M+ revenue contributor, it validates the expansion thesis. Keep an eye on whether “Rai” meaningfully improves advisor retention or client satisfaction scores—soft metrics now, but they predict revenue stickiness later. If the stock breaks above $172.14 resistance and holds it for two weeks, the next target is $177 (the 52-week high), which would validate the bullish setup. Conversely, a drop below $160 support would signal institutional selling and warrant reassessing the bull case.

Analyst Consensus

BUY

Based on 12 analyst opinions

Low Target

$165.00

Mean Target

$184.83

High Target

$198.00

Earnings and Financial Data

Sector

Financial Services

Industry

Asset Management

Employees

19,500

Earnings & Dividends

Next Earnings

Apr 22, 2026

EPS (Trailing)

$10.23

Dividend Yield

129.0%

Payout Ratio

19.9%

Frequently Asked Questions

Is RJF a good stock to buy?

Yes, RJF currently has a P/E of 16.74 and a forward P/E of 12.45, indicating it is fairly valued compared to its earnings growth expectations. Analysts recommend a BUY with a price target of $184.83, suggesting strong upside potential.

What is RJF’s price target?

The analyst price target for RJF is $184.83. This target is approximately 8% higher than its current price of $171.22, indicating a solid growth opportunity in the near term.

Does RJF pay a dividend?

Yes, RJF has a substantial dividend yield of 129.0%. This makes it an attractive option for income-focused investors looking for high returns in the financial services sector.

What is RJF’s market capitalization?

RJF’s market cap stands at $33.73 billion. This solid size positions it well within the asset management industry, and it reflects its stability and presence in the market.

What is the range of RJF’s stock price over the last year?

RJF’s stock has traded within a 52-week range of $117.57 to $177.66. The current price of $171.22 indicates it is approaching its 52-week high, reflecting strong investor confidence.

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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated February 07, 2026.