Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities... Show more
Raymond James Financial, Inc. (RJF) is a diversified financial services holding company headquartered in St. Petersburg, Florida. It operates through three main segments: Private Client Group, which provides wealth management and brokerage services via approximately 8,900 independent advisors; Capital Markets, offering investment banking, equity research, and trading; and Asset Management, managing mutual funds and institutional portfolios. With over $1.77 trillion in total client assets, RJF follows an advisor-centric, independent contractor model that emphasizes personalized service and organic growth. This structure has enabled resilient fee-based revenues, but exposure to market volatility in trading and M&A (mergers and acquisitions) activities influences stock price movements, particularly in cyclical environments.
Over the last 30 days, RJF stock advanced +5%, closing at $151.75 on April 17, 2026, from $144.51 around March 17. The movement featured a steady recovery from an early April low of $141.74, supported by increased trading volume and bullish technical indicators.
In contrast, the past quarter saw a -12% decline, dropping from $171.78 around January 17 to the current level. The trend was volatile and downward overall, with a sharp fall post-Q1 earnings followed by partial rebound, amid range-bound trading between $141 and $152.
The recent uptick in RJF stock stemmed primarily from positive pre-earnings momentum. Analysts anticipate growth in trading and investment banking (IB) revenues for Q2 fiscal 2026, driven by improved market conditions. Technical factors also played a role, with shares breaking above key resistance levels on above-average volume, signaling renewed buyer interest. RJF outperformed peers on several days in mid-April, buoyed by neutral-to-buy technical ratings. Mixed analyst actions, including price target cuts by Morgan Stanley and others but overweight maintenance by Barclays, contributed to cautious optimism. Broader sentiment shifted as financial stocks rotated amid stabilizing macro data.
The quarterly decline was anchored by January's Q1 fiscal 2026 earnings, which showed revenue of $3.74 billion slightly missing estimates despite a 5.6% year-over-year rise, with capital markets revenues dropping sharply due to weaker M&A and advisory fees. EPS beat expectations at $2.86, but pre-tax profits dipped amid higher expenses. Subsequent analyst downgrades and price target reductions from firms like UBS and TD Cowen reflected valuation concerns and macro risks. Sector-wide pressures, including AI disruption fears in wealth management and private credit worries, exacerbated the slide. Insider sales totaling $24 million added to hesitancy, though strong AUM growth provided some cushion. Cumulative impact highlighted sensitivity to equity markets and interest rates affecting net interest income (NII).
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Investors should monitor RJF's upcoming Q2 fiscal 2026 earnings for updates on capital markets recovery, NII trends amid interest rate shifts, and AUM growth. Industry developments like M&A rebound and wealth management demand will be key. Macro factors, including Federal Reserve policy, inflation data, and equity market volatility, could sway sentiment. Strategic moves, such as advisor recruitment or technology investments, alongside risks from regulatory changes or litigation reserves, merit attention. Analyst revisions and institutional flows will signal shifting confidence.
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RJF moved above its 50-day moving average on June 12, 2026 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 10, 2026. You may want to consider a long position or call options on RJF as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for RJF just turned positive on June 05, 2026. Looking at past instances where RJF's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for RJF crossed bullishly above the 50-day moving average on June 17, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RJF advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .
RJF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The 10-day RSI Indicator for RJF moved out of overbought territory on June 18, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RJF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for RJF entered a downward trend on June 08, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RJF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.430) is normal, around the industry mean (4.329). P/E Ratio (14.792) is within average values for comparable stocks, (25.634). Projected Growth (PEG Ratio) (0.877) is also within normal values, averaging (1.360). RJF has a moderately low Dividend Yield (0.013) as compared to the industry average of (0.094). P/S Ratio (2.189) is also within normal values, averaging (17.331).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of investment and financial planning products and services
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