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Is Raymond James Financial Stock Outperforming the Nasdaq?
Yahoo Financeยท 2025-09-16 07:14
Company Overview - Raymond James Financial, Inc. (RJF) is valued at $33.9 billion and operates as a diversified financial holding company, providing asset management, banking, research, and other services in North America and Europe [1] - RJF is categorized as a "large-cap stock" due to its market cap exceeding $10 billion, indicating its substantial size and influence in the asset management industry [2] Stock Performance - RJF reached an all-time high of $174.32 on January 29 and is currently trading 3.5% below that peak, with a 15.6% increase over the past three months, outperforming the Nasdaq Composite's 15.2% gains during the same period [3] - Year-to-date, RJF's stock has gained 8.3% and has surged 42.7% over the past 52 weeks, although it lagged behind the Nasdaq's 15.7% gains in 2025 [4] Financial Results - Following the release of mixed Q3 results on July 23, RJF's stock prices increased by 3.7%. Q3 marked the 150th consecutive quarter of profitability for the company, with record net revenues and pre-tax income for the first nine months of the fiscal year [5] - The company's topline for Q3 increased by 5.3% year-over-year to $3.4 billion, exceeding Street expectations by 1.1%. However, adjusted EPS for the quarter dropped 8.8% year-over-year to $2.18, missing consensus estimates by 8% [5] Comparative Analysis - Compared to its peer, State Street Corporation (STT), RJF has lagged behind STT's 14.2% surge in 2025 but has significantly outperformed STT's 34.6% gains over the past year [6] - Among 15 analysts covering RJF stock, the consensus rating is a "Moderate Buy," with a mean price target of $174.92, suggesting a modest 4% upside potential from current price levels [6]