RJF - Raymond James Financial, Inc.
| Previous Close | 84.83 |
| Open | 85.28 |
| Bid | 85.82 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 85.22 - 86.06 |
| 52 Week Range | 69.11 - 97.39 |
| Volume | 736,420 |
| Avg. Volume | 918,617 |
| Market Cap | 12.092B |
| Beta (3Y Monthly) | 1.38 |
| PE Ratio (TTM) | 12.59 |
| EPS (TTM) | 6.82 |
| Earnings Date | Jul 24, 2019 |
| Forward Dividend & Yield | 1.36 (1.60%) |
| Ex-Dividend Date | 2019-06-28 |
| 1y Target Est | 100.88 |
- Simply Wall St.•2 days ago
Are Insiders Selling Raymond James Financial, Inc. (NYSE:RJF) Stock?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- Zacks•2 days ago
What's in the Offing for Raymond James (RJF) in Q3 Earnings?
Slight improvement in advisory fees and muted growth in underwriting income are expected to influence Raymond James' (RJF) fiscal Q3 earnings.
- Zacks•5 days ago
E*TRADE (ETFC) Q2 Earnings Beat Estimates, DARTs Improve
E*TRADE's (ETFC) Q2 performance displays a rise in net interest income, a benefit to provision for loan losses and improved DARTs, partly muted by fall in fee income and higher expenses.
- Zacks•7 days ago
Raymond James (RJF) Earnings Expected to Grow: Should You Buy?
Raymond James (RJF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire•7 days ago
Steward Partners Adds New Advisor in Texas
New Advisor from J.P. Morgan Securities brings over $225 Million in Assets DALLAS , July 17, 2019 /PRNewswire/ -- Steward Partners Global Advisory , LLC, an employee-owned, full-service independent partnership ...
- Bloomberg•8 days ago
U.S. Retail Sales Post Broad Gains in June
(Bloomberg) -- U.S. retail sales and factory output in June exceeded expectations and underscored steady economic growth even as Federal Reserve officials signal they’re prepared to reduce interest rates.The value of retail purchases rose 0.4% for a second month, more than the 0.2% median projection in a Bloomberg survey of economists, Commerce Department data showed Tuesday. Production at the nation’s manufacturers also advanced 0.4%, the most this year, according to a separate report from the Fed.Yields on the 10-year Treasury note rose and the dollar advanced after the reports, though traders maintained bets that the central bank will lower borrowing costs at least a quarter point later this month.Sales in the “control group” retail subset, a key gauge which excludes food services, car dealers, building-materials stores and gasoline stations, increased 0.7%, also exceeding projections. In the second quarter, the measure jumped an annualized 7.5%, the strongest quarterly performance since the final three months of 2005. Some analysts view the measure as a more accurate gauge of underlying consumer demand.Even with the June gain in factory output, the measure fell during the second quarter at a 2.2% annual rate for the first back-to-back declines since 2016 -- evidence of weakness that the central bank could potentially cite as one of the reasons for an interest-rate cut.The retail figures show the biggest part of the economy -- consumer spending -- continues to drive economic growth, while business spending and manufacturing remain the weak links due to tepid global demand and trade policy concerns. The latter, along with muted inflation, help explain why Fed policy makers have indicated they are open to reducing their benchmark interest rate as “insurance” against external risks to the economy.“The retail sales data today gives you comfort that the domestic economy is in good shape and the consumer is in a good spot," said Michael Gapen, chief U.S. economist at Barclays Plc. “Business spending, business confidence and manufacturing production are where the economy is slowing and if the Fed is looking to insulate the economy, some cuts to support financial market conditions and keep the domestic economy strong is still a reasonable response.”Another report Tuesday showed sentiment among U.S. homebuilders crept higher in July after falling the previous month, indicating lower mortgage rates are helping shore up demand.Powell ViewThe retail gain underscores Fed Chairman Jerome Powell’s view that consumer spending and finances remain healthy amid a tight labor market that’s been supporting the expansion. Strength at retailers may also complicate the debate for policy makers as they gather July 30-31 to chart their course amid growing headwinds from slowing global growth to trade tensions.Eleven of 13 major retail categories increased, led by a 1.7% increase in nonstore retailers, which include online vendors.The retail sales gain “feeds into the narrative we’ve been seeing which is consumer strength continuing to support the economy with a strong labor market and wage growth,” said Scott Brown, chief economist at Raymond James Financial Inc. “It’s consistent with consumer spending supporting the overall economy, but part of the strength we’re seeing in the second-quarter numbers is payback because the first quarter was so soft.”Powell in congressional testimony last week left it all but certain that the Fed is poised to cut rates for the first time in a decade. Still, he told lawmakers that consumer spending has reliably driven growth and rebounded to a solid pace after first-quarter weakness.The initial reading of second-quarter gross domestic product is due July 26. A survey this month showed growth probably slowed to a 1.8% annualized pace from 3.1%, though consumption was seen picking up.The Fed’s industrial production report showed manufacturing was bolstered by a solid gain in motor vehicle output. Total industrial production, which includes mines and utilities, was unchanged as milder-than-usual weather reduced demand for air conditioning.(Updates with homebuilder sentiment in eighth paragraph.)\--With assistance from Kristy Scheuble.To contact the reporters on this story: Reade Pickert in Washington at epickert@bloomberg.net;Katia Dmitrieva in Washington at edmitrieva1@bloomberg.netTo contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Vince GolleFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks•8 days ago
Schwab (SCHW) Q2 Earnings & Revenues Match, Expenses Rise
Relatively high interest rates and growth in total client assets aid Schwab's (SCHW) Q2 earnings. However, increase in operating costs is a headwind.
- Zacks•14 days ago
Piper Jaffray Inks Deal to Acquire Sandler O'Neill for $485M
Piper Jaffray's (PJC) acquisition of Sandler O'Neill will be earnings accretive and expand its M&A business.
- American City Business Journals•28 days ago
Tampa Bay employers land among Forbes’ best
Fourteen Bay area employers are among the 185 best companies to work for in Florida, according to Forbes.
- Zacks•28 days ago
Online Brokers Down on Disappointing Near-Term Prospects
Prospects of online brokers - Schwab (SCHW), TD Ameritrade (AMTD) and E*TRADE (ETFC) - look dismal due to a number of factors that are weighing on investors' sentiments.
- Zacks•29 days ago
5 Reasons That Make Piper Jaffray (PJC) Investment Worthy
Piper Jaffray (PJC) stock is worth considering now, given its solid prospects and favorable operating backdrop.
- Zacks•last month
Stifel Inks Deal to Acquire GMP's Capital Markets Business
In a bid to fortify its investment banking business and establish foothold in Canada, Stifel Financial (SF) seals deal to buy capital markets business of Toronto-based GMP Capital.
- Business Wire•last month
Lisa Detanna Named to Barron’s 2019 Top 100 Women Financial Advisors
Lisa Detanna, Managing Director of Global Wealth Solutions Group of Raymond James and Senior Vice President, Investments, of Raymond James, has once again been named to the Barron’
- Zacks•last month
Is Raymond James (RJF) a Great Pick for Value Investors Now?
Let's see if Raymond James (RJF) stock is a good choice for value-oriented investors right now from multiple angles.
- PR Newswire•last month
Steward Partners Continues 2019 Growth with Two New Advisors, New Office
New Advisors from UBS and Morgan Stanley bring $195 Million in Assets WASHINGTON and HENDERSONVILLE, N.C. , June 11, 2019 /PRNewswire/ -- Steward Partners Global Advisory , LLC, an employee-owned, full-service ...
- American City Business Journals•last month
Tampa Bay investors look to make millions off Salesforce-Tableau $15.7B acquisition
Tampa Bay area financial investors stand to benefit from an agreement in which San Francisco’s Salesforce will acquire Tableau, a Seattle-based interactive data visualization software company, in a $15.7 billion all-stock transaction. Salesforce, a cloud-based software company, said it expected the deal would bolster its revenues in fiscal 2020 by as much as $400 million. The company said it would give class A and B stockholders of Tableau 1.103 shares of Salesforce, worth $177.88 a piece based on the closing share price of Salesforce on Friday.
- Markit•last month
See what the IHS Markit Score report has to say about Raymond James Financial Inc.
Raymond James Financial Inc NYSE:RJFView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for RJF with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting RJF. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding RJF totaled $9.29 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Insider Monkey•2 months ago
Hedge Funds Have Never Been This Bullish On Raymond James Financial, Inc. (RJF)
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
- Reuters•2 months ago
Toro Gold hires bank to explore sale as IPO plans shelved -sources
West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said. Toro Gold started preparing last year for a London listing, sources said at the time, but it is now exploring a sale as initial public offerings of small capitalisation miners are no longer generating interest, even to risk-seeking investors.
- American City Business Journals•2 months ago
These 2 banks had the largest Q1 profits in South Florida
Florida-based banks increased their lending but experienced a small drop in profits during the first quarter of 2019, according to the Federal Deposit Insurance Corp. The most profitable banks in the tri-county area, include Miami Lakes-based BankUnited (NYSE: BKU) – $70.8 million in first quarter profits – and Miami-based City National Bank – $37.9 million. Florida banks had a combined net income of $467 million in the first quarter, down from $511 million during the same time last year, when there were 127 banks based in the state. It also represents a fall from the $487 million in net income reported for the fourth quarter of 2018, when there were 117 Florida banks.
- Zacks•2 months ago
Here's Why it is Wise to Hold on to Goldman (GS) Stock Now
Cost-saving measures and diversified product portfolio support Goldman (GS). However, litigation issues pose a headwind.
- Simply Wall St.•2 months ago
Here's How P/E Ratios Can Help Us Understand Raymond James Financial, Inc. (NYSE:RJF)
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...
- Zacks•2 months ago
Morgan Stanley (MS) Slashes Six Equity Business Jobs in Asia
Due to year-over-year decline in equity trading revenues in first-quarter 2019, Morgan Stanley (MS) is cutting jobs at its equities business in Asia.
- Zacks•2 months ago
Is Raymond James (RJF) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks•2 months ago
Why Is Raymond James (RJF) Down 6.1% Since Last Earnings Report?
Raymond James (RJF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
