Raymond James Financial, Inc. (RJF) Stock

About Raymond James Financial, Inc.

Raymond James Financial, Inc. operates as a comprehensive financial services firm, extending a wide array of services to individuals, businesses, and governmental entities throughout the United States, Canada, and Europe. Its diverse operations are categorized into several key segments: Private Client Group, Capital Markets, Asset Management, Banking, and an "Other" category. The Private Client Group division equips clients with various investment solutions, personalized portfolio management, a selection of insurance and annuity products, and mutual funds. This segment also provides essential backing to third-party product partners, covering aspects like sales and marketing support, distribution, accounting, and general administrative assistance. Additionally, it facilitates margin loans and offers securities borrowing and lending services. Within the Capital Markets segment, the company engages in investment banking activities, which include orchestrating equity and debt offerings, along with offering expert advisory services for mergers and acquisitions. It further provides robust brokerage services for both fixed income and equity securities. The Asset Management segment specializes in delivering sophisticated asset and portfolio management services, complemented by administrative support functions such as detailed record-keeping, for both individual (retail) and institutional clients. Raymond James Bank maintains a portfolio of insured deposit accounts and a diverse range of lending products. These include commercial and industrial loans, financing for commercial real estate (CRE) and CRE construction, tax-exempt loans, residential mortgages, and securities-based loans. The bank also plays a role in loan syndication. Finally, the Other segment encompasses the firm's private equity activities, comprising direct investments and those made through third-party private equity funds, as well as the management of legacy private equity portfolios. Established in 1962, the company's corporate headquarters are situated in St. Petersburg, Florida.

Raymond James Financial, Inc. is led by CEO Paul Marone Shoukry, employs 19,500 people, headquartered in Saint Petersburg, US, publicly traded since 1983.

Raymond James Financial, Inc. (RJF) stock trades at $173.60 with a market capitalization of $33.35B. The stock is valued at a price-to-earnings (P/E) ratio of 14.50, price-to-book of 2.42, price-to-sales of 1.86. Over the past 52 weeks the stock has ranged between $138.82 and $177.66, and currently trades 2.3% below its 52-week high. It pays a dividend yielding 1.36%.

On profitability, Raymond James Financial, Inc. generates a return on equity (ROE) of 17.29%, above the typical market average, return on capital employed of 36.48%, an operating margin of 28.66%, a net profit margin of 13.13%.

In its most recent fiscal year, Raymond James Financial, Inc. reported annual revenue of $15.9B, net profit of $2.1B, revenue has compounded at 14.6% a year over the last five years, profit at 21.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.43 — a conservative balance sheet with little leverage risk, a current ratio of 0.32, total assets of $88.2B, $11.4B in cash and equivalents.

RJF has an average daily trading volume of 1,434,275.7 shares, a beta of 0.95.

Official website: www.raymondjames.com