Raymond James Financial Inc. (NYSE:RJF) currently has a daily average trading volume of 1.60M but it saw 1217535 shares traded on Wednesday. With a market cap of 18.72B USD, stock’s current market price of $89.48 came falling about -0.93 while comparing to the previous closing price of $90.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $126.00 and as low as $82.00. In the recent trading on the day, stock has struck highest price mark of $90.57 while lowest mark touched by it was $88.81.
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Taking a look at 20-day trading activity of Raymond James Financial Inc. (RJF) gives us an average price of $87.36, while its current price level is -28.98% below from 52-week high level whereas it is 9.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $90.37 while that of 200 days or SMA-200 reads an average of $105.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.02% during that period while stretching the period over a month that increases to 2.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.61 which implies that the stock is in neutral territory.
Over the week, RJF’s stock price is moving 2.47% up while it is -2.07% when we observe its performance for the past one month. Year-to-date it is -16.26% down and over the past year, the stock is showing a downside performance of -5.00%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $2.03 beaten by the consensus estimate of $2.23 for the same. For RJF, analysts are forecasting an EPS-growth rate of 18.40% for current year and estimate for EPS growth in next year is 9.50%. In next quarter, company is expected to be making quarterly sales of $3.03 billion as analysts are expecting the sales for current fiscal year at $11.62 billion and seeing the company making $12.62 billion in sales next year. Moreover, analysts are in estimates of $2.94 billion for current-quarter revenue.
Currently, Raymond James Financial Inc.’s total number of outstanding shares is 214.30M with 9.55% of that held by the insiders while 77.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.30% and return on equity (ROE) at 17.40%. It has a price to earnings ratio (P/E ratio) of 11.77 while having a 9.22 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.94 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 2.10% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Total Stock Market ETF came shrinking its share ownership by 0.51% in the Raymond James Financial Inc. (RJF) increasing its stake to 2.80% with control over 30628.0 shares in the company. As per SEC documents, Vanguard Total Stock Market ETF sought 6,027,650 of company’s common stock of worth $545.68 million as per recent closing price of the stock. Vanguard Total Stock Market ETF is not the only institutional holder which restructured its stake in Raymond James Financial Inc., as Vanguard 500 Index Fund picked 4,549,063 shares of worth $411.83 million to bring its holdings to a total of 24255.0 shares. In the most recent quarter, Vanguard Mid Cap Index Fund came cutting its stake by -0.05% in the company and now holds 4.52 million or 2.10% of the company’s stake having worth of about 409.63 million.
