Raymond James Financial (RJF)
NYSEFinancialsAsset ManagementSnapshot 2026-10-30
$157.22-2.52%
Close 2026-10-30 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-10-30
Research Workspace
Put RJF beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Investment Banking & Brokerage is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 8% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskMostly healthy — no soft spokes
Raymond James depends on continued Private Client Group asset and fee-account growth, supported by steady revenue expansion. Revenue growth eased from 16% to 15% year over year, despite a fourth-quarter earnings beat. RJF trades at 14× P/E versus the 17× peer median. Expectations look modest compared with our view. The specific risk is weaker recurring-fee growth, which could pressure asset growth. Our model puts the next-quarter miss probability near 25%. Peer multiples imply a price about 11% above where it trades; our read remains intact; this read is provisional.
Trailing returns as of 2026-10-30. RJF is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 16 analysts currently covering RJF (as of Oct 2026).
Based on 4 Wall Street analysts offering 12-month price targets for RJF in the last 4 months.
Continue this research
Compare RJF with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| RJF Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Investment Banking & Brokerage — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put RJF next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Grow Private Client Group assets and fee-based accounts
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $157.22
The last 12 months of price, then the range of analyst 12-month targets from today’s $157.22.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Fiscal 2027 expense target and expected fee growth support operating discipline and continued asset-based revenue expansion.
Record Q4 results and six years of growth provide meaningful evidence of sustained business momentum.
Quarterly earnings beat and share response reinforce operating momentum, though details are limited.
Record revenue and an estimates beat confirm broad business strength.
Threatens: Grow Private Client Group assets and fee-based accounts
Recurring fees growth is at risk, impacting asset growth.
Advances: Maintain disciplined capital allocation including dividends and share repurchas…
Dividend declaration supports disciplined capital allocation objective.
Advances: Increase Private Client Group assets
Strong Q2 results indicate growth in Private Client Group assets.
Advances: Increase Private Client Group assets
Enhanced capital deployment supports asset growth strategy.