Raymond James Financial Inc (RJF)
UndervaluedFundamental
69
Price
$157.70
Market Cap
$29.95B
Part 1 · What the company is worth
Overview
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising investments in third-party funds. The company offers corporate, retail banking and trust services. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$15.25B
Trailing 12 months (through 6/30/2026)
Net Income
$2.31B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$2.25B
Total Equity
$12.50B
Total Liabilities
$75.73B
Current Ratio
0.28
Interest Coverage
1.21
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$289.30
Current Price
$157.70
Margin of Safety
+45.5%
Fair Value Range
$188.04 - $390.55
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
13.74
ROE
17.1%
P/B Ratio
2.39
P/FCF
21.04
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
10.0%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (14)
- EPS shows upward trend
- EPS CAGR 10.35%
- Price CAGR 13.04%
- P/FCF 21.04
- P/B ratio 2.39
- Operating margin 18.5%
- Positive free cash flow
- CapEx intensity
- Low reliance on intangibles
- ROE 18.3%
- Revenue growth 5Y 14.3%
- PEG ratio 1.07
- Share dilution -2.8%
- Piotroski F-Score 6/9
Failed (8)
- Debt/equity ratio
- Interest coverage
- Return on tangible assets
- Price below Graham Number
- DCF valuation (Fairly Valued)
- Earnings surprise, average 2.1%
- Earnings quality (operating cash flow / net income) 0.71
- Net margin trend 15.1% vs 17.4%
Unavailable (5)
- ROIC –
- Gross margin –
- Dividend payout –
- Current ratio
- Debt/EBITDA
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
Moderate: some gap between profits and cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Paul Christopher Reilly CPA | Executive Chair | 70 |
| Mr. Paul Marone Shoukry | CEO & Director | 42 |
| Mr. Jonathan W. Oorlog Jr. | Senior VP, CFO & Controller | 61 |
| Mr. Scott Alan Curtis | Chief Operating Officer | 62 |
| Mr. Tashtego Spring Elwyn | President of Private Client Group | 53 |
| Mr. James E. Bunn | President of Capital Markets & Advisory | 52 |
| Ms. Katherine H. Larson | Chief Accounting Officer | 44 |
| Mr. Andy Zolper | Chief information officer | - |
| Ms. Bella Loykhter Allaire | Chief Administrative Officer | 72 |
| Ms. Kristina Waugh | Senior Vice President of Investor Relations and FP&A | - |
Audit Risk
9
Board Risk
8
Compensation Risk
3
Shareholder Rights Risk
5
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2025-11-25
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-05
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-23
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much RJF moves, measured on its daily prices.
More volatile than 13% of the tracked stocks (90-day volatility).
- Volatility 30d
- 20.0%
- Volatility 90d
- 22.4%
- Beta vs S&P 500 (1y)
- 0.69Correlation 0.36
- Max drawdown (12m)
- -18.9%
- ATR (14d, % of price)
- 2.14%
Earnings reactions
How RJF moved around its past quarterly results.
Next earnings release
Oct 28, 2026 · In 4 days · After the close
EPS estimate: 3.27Revenue estimate: $4.2B
What usually happens
- Over the last 12 releases the stock moved a median of 1.3% the next day, up or down.
- Next-day moves: up 6, down 6 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 22, 2026 | After the close | 2.94 | 3.14 | +6.7% | +0.8% | -1.1% | +3.7% |
| Apr 22, 2026 | After the close | 2.80 | 2.83 | +1.0% | -1.5% | -0.7% | +0.7% |
| Jan 28, 2026 | After the close | 2.91 | 2.86 | -1.6% | -0.2% | -0.4% | +0.9% |
| Oct 22, 2025 | After the close | 2.85 | 3.11 | +9.1% | +3.9% | -0.6% | -4.7% |
| Jul 23, 2025 | After the close | 2.38 | 2.18 | -8.4% | +1.6% | +3.7% | +5.3% |
| Apr 23, 2025 | After the close | n/a | n/a | n/a | -1.2% | +1.4% | +1.3% |
| Jan 29, 2025 | After the close | n/a | n/a | n/a | -1.1% | -0.8% | -3.7% |
| Oct 23, 2024 | After the close | n/a | n/a | n/a | +5.4% | +7.3% | +8.5% |
| Jul 24, 2024 | After the close | n/a | n/a | n/a | +0.7% | +5.2% | +3.4% |
| Apr 24, 2024 | After the close | n/a | n/a | n/a | -3.6% | -4.4% | -3.9% |
| Jan 24, 2024 | After the close | n/a | n/a | n/a | +3.1% | +1.2% | -2.1% |
| Oct 25, 2023 | After the close | n/a | n/a | n/a | +3.9% | +5.0% | +4.6% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on RJF and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for RJF.
- 2/26/2026NEUTRALHere's How Much $100 Invested In Raymond James Finl 10 Years Ago Would Be Worth Today
Markets Gazette examines the significance of evaluating historical investment performance. An article calculating the current value of $100 invested in Raymond James Financial ten years ago, while not providing specific figures, highlights the importance of long-term analysis for investors. This type of study helps understand a stock's potential growth and resilience over time, offering insights into investment strategy and portfolio diversification. For current and potential shareholders of Raymond James Financial, a detailed analysis of such past returns can confirm or challenge future expectations, although past performance is no guarantee of future results. It serves as an invitation to look beyond daily fluctuations and consider the power of compounding.