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A Spotlight On Raymond James Financial, Inc.'s (NYSE:RJF) Fundamentals

Simply Wall St

Attractive stocks have exceptional fundamentals. In the case of Raymond James Financial, Inc. (NYSE:RJF), there's is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Raymond James Financial here.

Established dividend payer with adequate balance sheet

RJF's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. RJF's has produced operating cash levels of 0.47x total debt over the past year, which implies that RJF's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NYSE:RJF Historical Debt, September 2nd 2019

RJF is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

NYSE:RJF Historical Dividend Yield, September 2nd 2019

Next Steps:

For Raymond James Financial, I've put together three key aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for RJF’s future growth? Take a look at our free research report of analyst consensus for RJF’s outlook.
  2. Historical Performance: What has RJF's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of RJF? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.