Raymond James Financial(RJF)
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RJF or TW: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-25 16:40
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. RJF currently has a forward P/E ratio of 12.82, while TW ...
Why Is Raymond James Financial (RJF) Up 1.2% Since Last Earnings Report?
zacks.com· 2024-05-24 16:37
It has been about a month since the last earnings report for Raymond James Financial, Inc. (RJF) . Shares have added about 1.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Raymond James Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Raymond James ...
Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock
Newsfilter· 2024-05-20 21:54
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,800 financial advisors. Total client assets are $1.45 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com. Forward-Looking Statements ...
Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock
globenewswire.com· 2024-05-20 21:54
ST. PETERSBURG, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable July 15, 2024 to shareholders of record on July 1, 2024. The Board declared a quarterly dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB) payable July 1, 2024, to shareholders of record on ...
Bet on Banking This Election Season
Schaeffers Research· 2024-05-14 18:30
In January, we noted that per White, the fourth year in an election cycle has a robust 7.28% average return with a very encouraging percent positive of 83%. However, there hasn't been a lot of upside, with an average of about 12% pulling in positive, while all other cycle years have an average positive of about 19%. Below is an updated table, where at first glance the return for the second half of an election year sees a fourth presidential cycle year with an average return of 4.2%, positive 83.3% of the ti ...
Raymond James (RJF) Forays Into the Private Credit Business
Zacks Investment Research· 2024-05-14 13:51
Last month, BCS made a push into the private credit market. The company, along with AGL Credit Management, announced a cooperation agreement and the launch of a private credit investment platform, AGL Private Credit. Likewise, this February, GS entered into a partnership with Mubadala Investment, an Abu Dhabi sovereign wealth fund, to invest $1 billion in private credit deals in multiple Asia-Pacific markets. Raymond James (RJF) is set to enter into the lucrative private credit business. Through its Investm ...
Raymond James Financial(RJF) - 2024 Q2 - Quarterly Report
2024-05-07 20:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-9109 RAYMOND JAMES FINANCIAL, INC. (Exact name of registrant as specified in its charter) Florida 59-1517485 (State or other juri ...
Raymond James Financial(RJF) - 2024 Q2 - Earnings Call Presentation
2024-04-25 03:31
(3) The six months ended March 31, 2023 included the favorable impact of a $32 million insurance settlement received during the period related to a previously settled legal matter. This item has been reflected as an offset to Other expenses within our Other segment. In the computation of our non-GAAP financial measures, we have reversed the favorable impact of this item on adjusted pre-tax income and adjusted net income available to common shareholders. (7) Book value per share is computed by dividing total ...
Raymond James Financial(RJF) - 2024 Q2 - Earnings Call Transcript
2024-04-25 03:30
And our final question today will come from Devin Ryan, Citizens JMP. Paul Shoukry Meanwhile, SumRidge has been nice, in that it has diversified the fixed income revenue streams with its corporate trading technology enabled capability. But that business thrives on volatility. In this past quarter, spread and rate volatility wasn't as significant. So they didn't have sort of the uplift that they had in the preceding quarters. Paul Reilly And once again, ladies and gentlemen, that does conclude today's confer ...
Raymond James Financial(RJF) - 2024 Q2 - Quarterly Results
2024-04-24 20:14
April 24, 2024 FOR IMMEDIATE RELEASE Media Contact: Steve Hollister, 727.567.2824 Investor Contact: Kristina Waugh, 727.567.7654 raymondjames.com/news-and-media/press-releases RAYMOND JAMES FINANCIAL REPORTS FISCAL SECOND QUARTER OF 2024 RESULTS ST. PETERSBURG, Fla – Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.12 billion and net income available to common shareholders of $474 million, or $2.22 per diluted share, for the fiscal second quarter ended March 31, 2024. Excluding $2 ...