Raymond James Financial, Inc. (RJF)
NYSE: RJF · IEX Real-Time Price · USD
125.89
-0.53 (-0.42%)
May 20, 2024, 11:05 AM EDT - Market open
Raymond James Financial Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for RJF stock have an average target of 124.9, with a low estimate of 113 and a high estimate of 141. The average target predicts a decrease of -0.79% from the current stock price of 125.89.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RJF stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 7 | 8 | 8 | 8 | 10 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $131 → $126 | Hold | Maintains | $131 → $126 | +0.09% | Apr 25, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $145 → $141 | Strong Buy | Maintains | $145 → $141 | +12.00% | Apr 25, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $132 → $131 | Hold | Maintains | $132 → $131 | +4.06% | Apr 25, 2024 |
| Citigroup | Citigroup | Hold Maintains $112 → $132 | Hold | Maintains | $112 → $132 | +4.85% | Apr 11, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 9, 2024 |
Financial Forecast
Revenue This Year
12.79B
from 11.62B
Increased by 10.10%
Revenue Next Year
13.80B
from 12.79B
Increased by 7.89%
EPS This Year
9.81
from 7.97
Increased by 23.14%
EPS Next Year
10.44
from 9.81
Increased by 6.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5B | 15.2B | 16.4B | 15.3B | 16.2B |
| Avg | 12.8B | 13.8B | 15.1B | 14.8B | 15.6B |
| Low | 12.1B | 12.8B | 14.2B | 14.3B | 15.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.2% | 18.5% | 18.6% | 1.6% | 10.0% |
| Avg | 10.1% | 7.9% | 9.5% | -2.3% | 5.8% |
| Low | 4.1% | - | 3.2% | -5.2% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.55 | 12.04 | 12.21 | 10.82 | 11.66 |
| Avg | 9.81 | 10.44 | 11.29 | 10.40 | 11.21 |
| Low | 9.26 | 9.35 | 10.15 | 10.09 | 10.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.4% | 22.7% | 17.0% | -4.2% | 12.0% |
| Avg | 23.1% | 6.3% | 8.2% | -7.9% | 7.8% |
| Low | 16.2% | -4.7% | -2.7% | -10.6% | 4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.