Core Insights - Raymond James Financial, Inc. (RJF) is a diversified financial services company based in Saint Petersburg, Florida, with a market cap of $32.9 billion, providing services to individuals, corporations, and municipalities across the U.S., Canada, and Europe [1] Earnings Expectations - Analysts anticipate RJF to report a diluted profit of $2.74 per share for the fiscal fourth quarter of 2025, reflecting a 7.1% decrease from $2.95 per share in the same quarter last year [2] - For the full fiscal year, RJF is expected to achieve an EPS of $10.28, which is a 2.3% increase from $10.05 in fiscal 2024, and a further rise to $11.57 in fiscal 2026, representing a 12.6% year-over-year growth [3] Stock Performance - RJF's stock has outperformed the S&P 500 Index, which gained 17.4% over the past 52 weeks, with RJF shares increasing by 32.2% during the same period [4] - The stock also surpassed the Financial Select Sector SPDR Fund's (XLF) 18% gains in the same timeframe [4] Business Drivers - The company's strong performance is attributed to robust investment banking and trading operations, impressive asset management results, and strategic acquisitions that have enhanced financials [5] - RJF's investment banking pipeline remains strong, indicating continued growth potential [5] Recent Financial Results - In Q3, RJF reported revenues of $3.4 billion, marking a 5.3% increase year-over-year, although adjusted EPS fell by 8.8% to $2.18 compared to the previous year [6] Analyst Ratings - The consensus among analysts is moderately bullish, with a "Moderate Buy" rating for RJF stock; out of 15 analysts, four recommend a "Strong Buy" and 11 suggest a "Hold" [7] - The average analyst price target for RJF is $179.69, suggesting a potential upside of 8.8% from current levels [7]