Raymond James Financial Inc. (RJF): closed at $71.90 on Wednesday, June 24


Raymond James Financial Inc. (NYSE:RJF) changes shares on Wednesday trading session, with a change of -4.85% or -$3.49 shares. The trading starts at $70.64 and closed at $71.90 throughout the day. The trading session low price was $68.19 and day high was $70.78 on Wednesday, June 24. After the session, the Financial sector daily volume shifted to 0.74 million while its average volume is 1.14M. In other hand, the RJF market cap reached to $9.19B. While, its current target price is $68.41 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -5.45% and down -2.74% for month. Its quarterly performance was 12.55% above, while its half year performance is down -24.36%. RJF yearly performance stood at negative -14.65% and fall -23.53% for year-to-date. Current recommendation for Raymond James Financial Inc. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. RJF EPS (TTM) for 12-month is 6.75. EPS for this year is 11.00%, while for the next year its value is 5.28. Its EPS Q/Q reached -34.00%. It has an EPS of 16.60% up for past five years and for the next five years will be down -6.35%.

Let’s take a look on the analyst recommendations on RJF for the current month and previous month. For the current month, 3 of 10 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 2 rated it sell, 2 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $56.00-$95.00. Average target price for RJF was reached at $71.50.

The insider ownership moved to 0.60% and institutional holding shifted to 75.50%.

The company posted an EPS (TTM) of 6.75. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of 0.9, while 1.8 EPS posted a year ago period. Analyst Estimated EPS for RJF published in the report was 0.57-1.23 during the same period. Comparing with last year, the average estimated EPS was 1.8 which is higher than 1.2 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for RJF fall -14.81% for period of 200 days. SMA for 50 days was 0.40% which is showing green signal, while SMA-20 was -7.82%. The moving average value for Raymond James Financial Inc. (RJF) is 77.99 and 69.92 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in RJF stock. On Jun 09, Santelli Jonathan N, EVP, Gen Counsel, Secy, sold 1,250 trading shares at the cost of $81.33, which valued at 0.1 million. On Jun 05, JULIEN JEFFREY P, Executive VP – Fin, sold 9,150 shares at the cost of $81.58, with total shares of 42,092. On Jun 05, Carson John C Jr., President, sold 10,000 shares at the cost of 82.53. After this transaction, Carson John C Jr. total shares reached to 46,224 which valued at 0.83 million.