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RJF

RJF

Financial Services · Asset Management

$157.75+1.96%
Mkt Cap: $30.74BDY: 1.40%

Performance

RJF (RJF) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

RJF (RJF) operates in the Asset Management space within the Financial Services sector. With a market cap of $30.7B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case6
  • Low P/E of 14.9× suggests the stock may be undervalued relative to earnings
  • Forward P/E (11.8×) is lower than trailing P/E (14.9×) — analysts expect earnings to improve
  • Revenue growth of 13% YoY shows solid business momentum
  • Healthy profit margin of 14.6%
  • ROE of 17.3% shows management efficiently converts equity into profit
  • Current ratio of 2.3× — ample short-term liquidity
Bear Case1
  • High debt-to-equity of 48.48× increases financial risk, especially with elevated interest rates

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

1.40%

5Y Avg Annual

$1.5840

Last Payment

$0.5400

Ex-Date

04/01/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest04/01/2026
04/15/2026$0.54001.37%
01/02/2026
01/16/2026$0.54001.37%
10/01/2025
10/15/2025$0.50001.27%
07/01/2025
07/15/2025$0.50001.27%
04/01/2025
04/15/2025$0.50001.27%
01/02/2025
01/16/2025$0.50001.27%
10/01/2024
10/15/2024$0.45001.14%
07/01/2024
07/15/2024$0.45001.14%

Magic Number

Shares needed to self-fund your next purchase

$157.75

Price

÷

$0.5400

Last div. (quarterly)

=

293

shares

Own 293 RJF shares ($46,220.75) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$46,220.75

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 22, 2026

36

days

EPS (TTM)

$10.60

P/E (TTM)

14.9

Fwd P/E

11.8

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$30.74B
P/E Ratio14.88
Forward P/E11.80
P/B Ratio
PEG Ratio0.86
EPS (TTM)$10.60

Trading

Open
Day High
Day Low
52W High$177.66
52W Low$138.82
Volume
Avg Volume (3M)1,374,187
Beta0.95

Dividends

Dividend Yield1.40%
Annual Rate$2.16
Ex-Div Date2026-07-01
Payout Ratio19.64%

Profitability

Profit Margin14.58%
Operating Margin19.32%
ROE17.29%
ROA2.45%
Revenue Growth13.10%
Earnings Growth15.30%

Balance Sheet

Total Revenue$14.72B
Total Debt$6.11B
Debt / Equity48.48
Current Ratio2.29
Free Cash Flow

Fair Value Estimates

Current price: $157.75

Graham Number

√(22.5 × EPS × Book Value)

$124.09

-21.3% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$26.27

-83.3% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

17.3%

Return on equity — measures how efficiently capital is used

Positive profit margin

14.6%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+13.1%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+15.3%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

48.48×

Low financial leverage reduces risk of distress

Current ratio above 1

2.29×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$217M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

1.40%

Stock must distribute income to shareholders

Related Assets

Financial Services

About RJF

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.

Sector

Financial Services

Industry

Asset Management

Location

Saint Petersburg, United States

Employees

19,500