Raymond James Financial is a capital market company located in Florida, United States, which is part of the Financial Services sector, and is traded under the ticker RJF on the NYSE exchange.
Raymond James Financial stock last closed at $127.54, up 0.31% from the previous day, and has increased 33.51% in one year. It has overperformed other stocks in the Capital Markets industry by 0.16 percentage points. Raymond James Financial stock is currently +55.54% from its 52-week low of $82.00, and -2.78% from its 52-week high of $131.19.
As of Apr 24, 2024, there are 209.03M RJF shares outstanding. The market capitalization of RJF is $26.66B. In the past 24 hours, 1.24M RJF shares were traded.
How to Buy Raymond James Financial Stock
Not sure how to invest in Raymond James Financial stock? Here's how.
Choose where to buy Raymond James Financial stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Raymond James Financial stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Put funds into your investment account: Choose your payment method and add your information.
Analyze Raymond James Financial stock: The Raymond James Financial ticker symbol is RJF. Is Raymond James Financial stock a good investment? Should you buy shares of RJF? How do RJF's underlying business fundamentals look? Do top analysts think Raymond James Financial is a good buy? Why has RJF's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if RJF is a good stock to buy).
Make your RJF purchase: Decide if you will purchase RJF shares at the current market price or use a limit order to buy RJF stock at a specific price.
Track your RJF position: Create a watchlist to key updates about your new investment in Raymond James Financial stock.
Step 1: Choose where to buy Raymond James Financial stock
You need an online brokerage account to access the NYSE market and buy RJF stock.
A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to buy RJF stock today.
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Step 4: Analyze Raymond James Financial stock
After you have figured out the best place to buy Raymond James Financial stock, it's very important to evaluate their stock prior to buying, so you actually comprehend the risk as well as the upside.
Raymond James Financial stock at a glance
RJF Price
$127.54
1w %
4.59%
1y %
33.51%
5y %
116.22%
P/E
15.61x
P/B
2.47x
P/S
2.25x
PEG
0.8x
Revenue
$11.85B
Earnings
$1.72B
Fore. Rev. Growth
6.64%
Fore. Earn. Growth
21.65%
Market Cap
$26.66B
Next Earnings
N/A
Next Dividend
N/A
RJF Zen Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on RJF's stock page.
How is RJF stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RJF's true value.
Using relative valuations measures:
RJF may be undervalued based on its P/E ratio of 15.61x, relative to Capital Markets industry P/E ratio of 20.5x
RJF may be overvalued based on its P/B ratio of 2.47x, relative to Capital Markets industry P/B ratio of 1.87x
RJF could be undervalued based on its PEG ratio of 0.8x
RJF profit margin has gone up from 14.2% to 14.5% in the past year.
Cons:
RJF has a relatively high debt to equity ratio of 6.43.
Total RJF debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy RJF stock
Out of 8 Equities analysts who research RJF, the consensus analyst rating on RJF is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent RJF Analyst Recommendations
Michael Cho, a top 46% analyst from JP Morgan upgrades RJF to a strong buy rating and raises their RJF price target from $110.00 to $135.00, on Jan 10, 2024.
Gerald O'Hara, a top 28% analyst from Jefferies downgrades RJF to a hold rating and raises their RJF price target from $112.00 to $117.00, on Jan 9, 2024.
Alexander Blostein, a top 8% analyst from Goldman Sachs downgrades RJF to a hold rating and announces their RJF price target of $116.00, on Jan 3, 2024.
Last year, RJF earnings were $1.72B. In the past 5 year, RJF's earnings have grown by 12.5% per year. This was faster than the Capital Markets industry average of 11.71%.
Last year, RJF revenue was $11.85B. During the past five year, RJF's revenue has gone up by 9.63% per year. This was slower than the Capital Markets industry average of 13.53%.
Raymond James Financial pays a dividend of 1.36%, compared to the Capital Markets industry's average dividend yield of 2.74%. If you owned $1,000 of RJF stock, you would have been paid $13.64 last year.
Raymond James Financial dividend payments have consistently grown over the past decade but have not remained stable.
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Step 5: Make your RJF purchase
You have two primary types of orders:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are mostly fine.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will execute your order.
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How much does it cost to buy one Raymond James Financial share?
As of Apr 24, 2024, it costs $127.54 to buy one share of Raymond James Financial stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.078 shares of RJF.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.