Raymond James Financial Stock Today
| RJF Stock | USD 127.14 1.66 1.32% |
Performance13 of 100
| Odds Of DistressLess than 15
|
Raymond James is trading at 127.14 as of the 24th of April 2024. This is a 1.32 percent increase since the beginning of the trading day. The stock's lowest day price was 125.46. Raymond James has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Raymond James Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The company has 209.03 M outstanding shares of which 4.26 M shares are at this time shorted by investors with about 4.48 days to cover. More on Raymond James Financial
Moving together with Raymond Stock
| 0.88 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.68 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
| 0.9 | RJF-PB | Raymond James Financial | PairCorr |
Moving against Raymond Stock
| 0.76 | FRHC | Freedom Holding Corp | PairCorr |
| 0.75 | MFH | Mercurity Fintech Holding | PairCorr |
Raymond Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Raymond James' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Raymond James or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Dennis Zank |
| Business Concentration | Trading, Capital Markets, Financial Services, NYSE Composite, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) |
Raymond James Financial (RJF) is traded on New York Stock Exchange in USA. It is located in 880 Carillon Parkway, Saint Petersburg, FL, United States, 33716 and employs 18,000 people. Raymond James is listed under Trading category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 26.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Raymond James's market, we take the total number of its shares issued and multiply it by Raymond James's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Raymond James Financial runs under Capital Markets sector within Financials industry. The entity has 209.03 M outstanding shares of which 4.26 M shares are at this time shorted by investors with about 4.48 days to cover.
Raymond James Financial has about 6.18 B in cash with (3.51 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 108.93.
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Ownership AllocationRaymond James owns a total of 209.03 Million outstanding shares. The majority of Raymond James Financial outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Raymond James Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Raymond James. Please pay attention to any change in the institutional holdings of Raymond James Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Raymond Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Raymond James jumping above the current price in 90 days from now is about 11.01%. The Raymond James Financial probability density function shows the probability of Raymond James stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Raymond James has a beta of 0.3323 indicating as returns on the market go up, Raymond James average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Raymond James Financial will be expected to be much smaller as well. Additionally, raymond James Financial has an alpha of 0.1487, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Raymond James to move above the current price in 90 days from now is about 11.01 (This Raymond James Financial probability density function shows the probability of Raymond Stock to fall within a particular range of prices over 90 days) .
Raymond James Financial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Raymond James market risk premium is the additional return an investor will receive from holding Raymond James long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Raymond James. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Raymond James' alpha and beta are two of the key measurements used to evaluate Raymond James' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1095 | |||
| Jensen Alpha | 0.1487 | |||
| Total Risk Alpha | 0.0252 | |||
| Sortino Ratio | 0.076 |
Raymond Stock Against Markets
Picking the right benchmark for Raymond James stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Raymond James stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Raymond James is critical whether you are bullish or bearish towards Raymond James Financial at a given time. Please also check how Raymond James' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Raymond James without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Raymond James Corporate Directors
Raymond James corporate directors refer to members of a Raymond James board of directors. The board of directors generally takes responsibility for the Raymond James' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Raymond James' board members must vote for the resolution. The Raymond James board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan Story | Non-Executive Lead Independent Director | Profile | |
| Jeffrey Edwards | Non-Executive Independent Director | Profile | |
| Gordon Johnson | Non-Executive Independent Director | Profile | |
| Roderick McGeary | Non-Executive Independent Director | Profile |
How to buy Raymond Stock?
Before investing in Raymond James, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Raymond James. To buy Raymond James stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Raymond James. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Raymond James stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Raymond James Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Raymond James Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Raymond James Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Raymond Stock please use our How to Invest in Raymond James guide.
Already Invested in Raymond James Financial?
The danger of trading Raymond James Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Raymond James is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Raymond James. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Raymond James Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Raymond James Financial is a strong investment it is important to analyze Raymond James' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Raymond James' future performance. For an informed investment choice regarding Raymond Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Raymond James' price analysis, check to measure Raymond James' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raymond James is operating at the current time. Most of Raymond James' value examination focuses on studying past and present price action to predict the probability of Raymond James' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raymond James' price. Additionally, you may evaluate how the addition of Raymond James to your portfolios can decrease your overall portfolio volatility.
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Is Raymond James' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raymond James. If investors know Raymond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raymond James listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.