Stock Analysis
Raymond James Financial, Inc.RJF
P/E 13.08×· 5Y range 10.94–19.01×· bottom 16% of history
Sector: Financial Services · Industry: Security Brokers, Dealers & Flotation Companies
AnalystsHold19 analystsP/E 13.1× sits at the 16th percentile of its 5.086926762491444-year history.
Cash covers 164% of debt · Q3 2026.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability85
- Growth80
Risks
- Financial Health31
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓ROE 18.0% — efficient capital deployment
- ✓Revenue CAGR 12.6% — durable top-line growth
- ✓P/E 13.1× at bottom 16% of 5-year history
What's happening with RJF
Profile
Strong valuation, profitability, growth and earnings quality; financial health lags behind.
How is each axis scored?
- Valuation87/100 · Strong
- P/E vs own history (16th pct)25/25
- FCF yield (4.8%)12/25
- P/S (1.8x)25/25
- EV/EBIT (9.0x)25/25
- Growth80/100 · Strong
- Revenue CAGR (12.6%)20/25
- Net income CAGR (11.1%)20/25
- EPS CAGR 5Y (11.7%)20/25
- Fwd implied growth (17.1%)20/25
- Profitability85/100 · Strong
- ROIC (26.1%)25/25
- ROE (18.0%)20/25
- Net margin (13.6%)20/25
- Operating margin (17.3%)20/25
- Financial Health31/100 · Weak
- Altman Z (0.67)3/25
- Current ratio (0.25)0/25
- Interest coverage (1.2x)3/25
- Net cash / debt (Net cash)25/25
- Quality75/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.49)20/25
- FCF conversion (63%)15/25
- Margin stability (σ 1.2%)25/25
- Moat53/100 · Moderate
- ROIC >12% years (5/5 yrs)25/25
- Median gross margin (n/a)0/25
- FCF-positive years (7/9 yrs)10/25
- Worst-year net margin (worst 9.8%)18/25
Risk Flags
- ⚠Altman Z 0.7 — distress-zone balance sheet
- ⚠Interest coverage 1.2× — thin debt cushion
About Raymond James Financial, Inc.
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. Show more
The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
Headquarters: ST PETERSBURG, FL · Employees: 3,878 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
87AP/E (TTM)13.1xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 10.9x–19.0x · 16th pct
P/FCF12.2xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.8%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -43.1%–48.4% · 39th pct
P/S (TTM)1.78xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.5x–2.5x · 15th pct
EV/EBIT9.0xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 8.5x–10.9x · 14th pct
EV/Sales5.2xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E11.2xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.36xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.77A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.43%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio18.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
85AROIC26.1%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE18.0%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA2.5%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.6%A
Grade A: HighNet Income / Revenue
Operating Margin17.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin87.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin8.5%C
Grade C: AverageFCF / Revenue
True FCF Margin7.1%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
80ARevenue CAGR12.6%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR11.1%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)11.7%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth17.1%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-8.8%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income10.3%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.4%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
31DAltman Z-Score0.67D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.25xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.25xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage1.2xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.48xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt1.64xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
75B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.49A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion62.5%C
Grade C: AverageFCF / Net Income
Margin Stability1.2%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.2%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.19xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Allaire Bella Loykhter Filed | Allaire Bella Loykhter | SellOpen market sale | -7500 | |
Helal Tarek Filed | Helal Tarek | Gift | -23397 | |
Helal Tarek Filed | Helal Tarek | Gift | +23.4K | |
Curtis Scott A Filed | Curtis Scott A | Gift | -1000 | |
Elwyn Tashtego S Filed | Elwyn Tashtego S | SellOpen market sale | -10000 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Raney Steven M Filed | Raney Steven M | SellOpen market sale | -5770 | |
Allaire Bella Loykhter Filed | Allaire Bella Loykhter | SellOpen market sale | -29551 | |
Aisenbrey Christopher S Filed | Aisenbrey Christopher S | Option exercise | -600 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
53CROIC >12% Years5/5 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years7/9 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor9.8%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$11.99
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$51.93
Cash & short-term investments per share (Finnhub)
Book Value / Share$66.10
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$6.08B
Total debt obligations (short + long term)
Cash & Equiv.$9.98B
Cash and short-term investments
Net Debt$-3.89BA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$12.78B
Shareholders' equity (book value)
Asset / Liability1.16xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$30.16B
Current Market Capitalization
Beta0.96B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Raymond James Financial, Inc. (RJF)
Piotroski F-Score of 6/9 indicates mixed fundamentals for Raymond James Financial, Inc.. Altman Z-Score of 0.67 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.49 suggests a low likelihood of earnings manipulation.
- Company is effectively debt-free after netting cash.
- Interest coverage of 1.2× leaves little room for earnings shocks.
- At a valuation score of 87/100, RJF trades near the cheapest end of its own historical range (P/E 13.1).
See how RJF ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all RJF moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Regular | 161.19 | +1.88% | 2.21 |
| Sep 22 | Regular | 159.35 | -3.54% | -2.33 |
| Sep 22 | After-hours | 159.39 | -3.51% | -2.31 |
Frequently Asked Questions about RJF
What is the current Raymond James Financial, Inc. (RJF) stock price?
RJF is trading at $156.78 at the last market close, down 0.37% on the session. PreMarketPrice tracks RJF pre-market, intraday and after-hours prices.
Is RJF stock a buy right now?
PreMarketPrice's quantitative model rates Raymond James Financial, Inc.'s financial health at 31/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is RJF stock overvalued?
Raymond James Financial, Inc. trades at a trailing P/E of 13.1 and our valuation score rates it 87/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Raymond James Financial, Inc. report earnings?
No confirmed earnings date is currently scheduled for RJF. The Earnings section lists recent reports and updates as dates are announced.
What sector does Raymond James Financial, Inc. operate in?
Raymond James Financial, Inc. operates in the Financial Services sector, within the Security Brokers, Dealers & Flotation Companies industry. The Related Stocks section lists sector peers for comparison.
What does Raymond James Financial, Inc. do?
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities.
About Raymond James Financial, Inc. (RJF) Stock
Raymond James Financial, Inc. (RJF) is a US-listed stock operating in the Financial Services sector, specifically the Security Brokers, Dealers & Flotation Companies industry. As of the latest update, Raymond James Financial, Inc. is trading at $156.78, down 0.37% on the day with a market capitalization of $30.2 billion. The financial health score for RJF is 31/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for RJF stock.
RJF Stock Analysis & Key Metrics
On PreMarketPrice, you can track Raymond James Financial, Inc. (RJF) across multiple dimensions:
- Pre-market price & movement: Real-time RJF stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for RJF with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Raymond James Financial, Inc. across multiple reporting periods.
- Financial health score: A composite score of 31/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for RJF.
- Sector peers: Compare RJF against 6 other financial services stocks on key financial metrics.
Is RJF a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Raymond James Financial, Inc. (RJF) as an investment. The financial health score of 31/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Raymond James Financial, Inc. (RJF) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.