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RJF

S&P 500
Neutral · 47/100

Raymond James Financial

Financials
Investment Banking & Brokerage

$156.65

0.5%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 5.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$30.37B

P/E

14.13x

Forward P/E (est.)

13.88x

ROE

17.2%

Revenue Growth

5.3%

EPS Growth

1.8%

Profit Margin

13.0%

FCF Yield

5.5%

Debt / Equity

5.14x

ROIC

Interest Coverage

Current Ratio

Dividend Yield

1.4%

Implied Growth (rev. DCF)

1.5%

Rating Score

47/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what RJF's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. RJF trades near $156.65, around its 50-day average ($152.31) and 200-day average ($158.90). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 89 it is overbought — the recent rally is stretched and can cool off.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. RJF's is $3.39 (~2.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month RJF found buyers near $141.06 (support) and sellers near $160.16 (resistance); its 52-week range is $138.82–$177.66. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Raymond James Financial (RJF) is a large-cap company in the Investment Banking & Brokerage industry, part of the Financials sector of the S&P 500, with a market value around $30.37B.

In its latest reported year it generated about $15.91B in revenue and $2.13B in net profit.

Our model rates RJF Neutral (47/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

12.6%

Revenue moved from $9.91B in 2021 to $15.91B in 2025, a 12.6% compound annual growth rate. The most recent year grew a steady 5.3% year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

87.0%

Operating Margin

16.7%

Net Margin

13.4%

ROE

17.2%

Raymond James Financial keeps about 13.0% of each sales dollar as net profit, with a 87.0% gross margin and 16.7% operating margin. Return on equity is 17.2%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$0.00

Net Debt

-$11.22B

Net cash position

Net Debt / EBITDA

Debt / Equity

5.14x

Leverage: debt-to-equity is 5.1x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $0.00 of total debt against $11.22B of cash.

Cash Flow Analysis
Research

Operating CF

$2.43B

Free Cash Flow

$2.25B

FCF Margin

14.1%

In the latest year Raymond James Financial produced about $2.43B of operating cash flow and $2.25B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

14.13x

P/S

1.94x

P/B

2.69x

EV / EBITDA

RJF trades at 14.1x trailing earnings (about 13.9x on estimated forward earnings), 1.9x sales, and 2.7x book value. Reverse-engineering today's price implies the market expects roughly 1.5% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
14.1xCheap
Forward P/E
13.9xCheap
P/S ratio
1.9xFair
Revenue growth
5.3%Average
EPS growth
1.8%Weak
Gross margin
87.0%Strong
Net margin
13.0%Strong
ROE
17.2%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How RJF stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.

In the Financials sector (76 S&P 500 companies), RJF ranks #69 of 76 by our overall rating. It trades at roughly in line versus the sector on earnings (14.1x P/E vs. 15.2x median) with a higher return on equity (17.2% vs. 15.3%) and slower revenue growth (5.3% vs. 9.1%).

P/E vs sector

14.1x

median 15.2x

ROE vs sector

17.2%

median 15.3%

Growth vs sector

5.3%

median 9.1%

Sector rank

#69

of 76 by rating

CompanyP/ERev Gr.Rating
RJFThis stock14.1x5.3%Neutral· 47
HOOD52.1x41.5%Favorable· 63
SCHW16.8x8.1%Favorable· 66
IBKR156.3x12.9%Neutral· 48
GS17.9x1.3%Neutral· 49
MS19.4x12.3%Neutral· 57
NTRS17x-2.7%Neutral· 42
ACGL6.5x7.8%Strong· 77
Financials median15.2x9.1%65/100

Valuation vs. quality map

sector medianHOODSCHWIBKRGSMSNTRSACGLRJFP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Financials companies by sub-industry and size. Sector median is across all 76 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$108.38$189.66

vs. $156.65 today · expected CAGR -7%4%

Metric20262027202820292030
Revenue$16.71B$17.54B$18.42B$19.34B$20.31B
Net income$2.17B$2.28B$2.39B$2.51B$2.64B
EPS$11.15$11.70$12.29$12.90$13.55
Share price (low)$89.16$93.62$98.30$103.21$108.38
Share price (high)$156.03$163.83$172.02$180.63$189.66
CAGR (low–high)-43% / -0%-23% / 2%-14% / 3%-10% / 4%-7% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for RJF:

  • Strong return on equity (17.2%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~5.5%) funds buybacks and dividends.
Bear Case

The case against RJF:

  • Elevated leverage (debt/equity 5.1x) adds financial risk.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 5.1x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Raymond James Financial is a large-cap financials business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 14.1x earnings, which our model scores Neutral (47/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.