RJF Stock Recent News
RJF LATEST HEADLINES
The headline numbers for Raymond James Financial (RJF) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Raymond James Financial, Inc. (RJF) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $1.85 per share a year ago.
Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.23 billion and net income available to common shareholders of $491 million, or $2.31 per diluted share, for the fiscal third quarter ended June 30, 2024. Excluding $23 million of expenses related to acquisitions, quarterly adjusted net income available to common shareholders was $508 million(2), or $2.39 per diluted share(2).
Robust IB and trading business performance, high rates and decent lending activities are likely to have aided Raymond James' (RJF) fiscal Q3 earnings.
Raymond James Financial (RJF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RJF has excess capital for M&A and dividends based on a comparison of its actual Tier 1 leverage ratio of 12.3% and the company's 10% target. RJF's Q3 FY 2024 results are expected to meet or exceed Wall Street's estimates, considering the positive read-throughs from recent operating data disclosures. I retain my Buy rating for Raymond James Financial after evaluating the company's future financial performance and capital allocation outlook.
A top Big Cap 20 component and financial services provider Raymond James Financial has formed a key chart pattern and could be ripe for a breakout.
Investors with an interest in Financial - Investment Bank stocks have likely encountered both Raymond James Financial, Inc. (RJF) and Tradeweb Markets (TW). But which of these two stocks presents investors with the better value opportunity right now?
Raymond James Financial (RJF) reported earnings 30 days ago. What's next for the stock?
ST. PETERSBURG, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable July 15, 2024 to shareholders of record on July 1, 2024.