RJF
Raymond James FinancialPrevious close
157.22
Change
−4.07 / −2.52%
P/E (TTM) ?
13.2
Market Cap
$30.2B
1M
−0.51%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.6M / 1.3M
1.21× average
Latest earnings analysisFY2026 Q3Reported 2026-07-22
Raymond James Q3 FY26: record revenue and EPS, helped by a lower tax rate
Raymond James posted records across the board in its fiscal third quarter, and the growth is broad: net revenues rose 16.0% and diluted EPS 42.0% year over year. The catch is quality, since the 20.7% tax rate drove most of the sequential earnings gain. My view is Bullish. Read the segment notes and the balance sheet below.
Read the full analysis →Revenue$4.36BYoY +28.40%
EPS (non-GAAP)$3.14Beatest. $2.94
Next-day move−1.11%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-06 | 2026-07-22 | $4.4B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-03 | 2026-04-22 | $4.3B | Pending |
| FY2026 Q1 Quarter ended 2025-12 | 2026-01-28 | $4.2B | Pending |
| FY2025 Q4 Quarter ended 2025-09 | 2025-10-22 | $15.9B | Pending |
| FY2025 Q3 Quarter ended 2025-06 | 2025-07-23 | $3.8B | Pending |
| FY2025 Q2 Quarter ended 2025-03 | 2025-04-23 | $3.8B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 11 of its 5-year rangeCheap
5-year range 12.8 – 17.0 · Median 14.8
No buybacks or dividends in the last four quarters
P/E (TTM)
13.2
P/B
2.4
P/S
1.8
Dividend Yield
1.59%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.3% on average on the first trading day after, rising 2 times
Most recent −1.11%
Volatility & Correlation
1-year beta 0.72 · Correlation with S&P 500 0.37Tracks the market
Annualized volatility 25% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $1.3MNet selling $1.3M
- 08-28Allaire Bella LoykhterChief Admin OfficerSell$1.3M7,500 shares · Avg price 177.60
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 4.36 | +13.5% | — | 0.60 | 3.01 |
| FY2026 Q2 | 4.26 | +10.8% | — | 0.54 | 2.72 |
| FY2026 Q1 | 4.18 | +3.5% | — | 0.56 | 2.79 |
| FY2025 Q4 | 4.19 | +4.7% | — | 0.60 | 2.96 |
| FY2025 Q3 | 3.84 | +2.1% | — | 0.44 | 2.12 |
| FY2025 Q2 | 3.85 | +5.7% | — | 0.50 | 2.36 |
| FY2025 Q1 | 4.04 | +14.6% | — | 0.60 | 2.86 |
| FY2024 Q4 | 4.00 | +13.9% | — | 0.60 | 2.85 |
| FY2024 Q3 | 3.76 | +14.2% | — | 0.49 | 2.31 |
| FY2024 Q2 | 3.64 | +15.2% | — | 0.48 | 2.22 |
| FY2024 Q1 | 3.52 | +16.3% | — | 0.50 | 2.32 |
| FY2023 Q4 | 3.52 | +17.1% | — | 0.43 | 2.03 |