Analyzing Raymond James Financial Inc. (RJF) By Technical Indicators


As of Wednesday close, Raymond James Financial Inc.’s (NYSE:RJF) stock was down -$0.84, moving down -0.93 percent to $89.48. The average number of shares traded per day over the past five days has been 1,144,220 shares. 4 times new highs have been achieved over the past 5 days, with a $2.16 gain in that time frame. In the last twenty days, the average volume was 1,445,210, while in the previous 50 days, it was 1,564,410.

Since last month, RJF stock retreated -2.07%. Shares of the company fell to $82.00 on 05/04/23, the lowest level in the past month. A 52-week high of $126.00 was reached on 01/26/23 after having rallying from a 52-week low of $82.00. Since the beginning of this year, RJF’s stock price has dropped by -16.26% or -$17.37, and marked a new high 11 times. However, the stock has declined by -28.98% since its 52-week high.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


RJF stock investors should be aware that Raymond James Financial Inc. (RJF) stock had its last reported insider trading activity 108 days ago on Feb 06. Perry Jodi, the President, ICD for RJFS of the company, disposed of 6,343 shares for $112.30 on Feb 06. It resulted in a $712,319 divestment by the insider. Raney Steven M sold 5,577 shares at an average price of $107.58 on Dec 15. The insider now owns 56,537 shares following the transaction. On Dec 14, Chair & CEO REILLY PAUL C sold 24,016 shares at $111.27 apiece. The transaction was valued at $2,672,330.

Valuation Metrics

Right now, Raymond James Financial Inc. (RJF) has a P/E ratio of about 11.77. The stock’s beta is 1.03. Besides these, the trailing price-to-sales (P/S) ratio of 1.56, the price-to-book (PB) ratio of 1.94.

The latest dividend of $0.42 per share was paid out, remained unchanged from last year’s $0.42. On Thursday December 1 2022, a $0.08 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.37, and the total debt-to-equity ratio was 5.90. On the profitability front, the trailing twelve-month gross margin is 91.30% percent. In the year ended March 30, operating margins totaled 18.70%. Based on annual data, RJF earned $2.12 billion in gross profit and brought in $11.0 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.30%. Return on equity (ROE) for the past 12 months was 17.40%.

In Raymond James Financial Inc.’s quarter-end financial report for March 30, it reported total debt of $2.04 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Raymond James Financial Inc. to report $2.23 quarterly earnings, the actual figure was $2.03 per share, beating the consensus estimate by -9.00%. During the quarter, the company generated $614.0 million in EBITDA. The value of shareholders’ equity is $211.91 million.

Technical Picture

This quick technical analysis looks at Raymond James Financial Inc.’s (RJF) price momentum. With a historical volatility rate of 20.39%, the RSI 9-day stood at 55.20% on 24 May.

With respect to its five-day moving average, the current Raymond James Financial Inc. price is up by +2.47% percent or $2.16. At present, RJF shares trade -2.95% below its 20-day simple moving average and -17.14% percent below its 100-day simple moving average. However, the stock is currently trading approximately -3.08% below its SMA50 and -12.24% below its SMA200.

Stochastic coefficient K was 79.76% and Stochastic coefficient D was 86.18%, while ATR was 2.07. Given the Stochastic reading of 65.24% for the 14-day period, the RSI (14) reading has been calculated as 50.61%. As of today, the MACD Oscillator reading stands at 1.94, while the 14-day reading stands at 2.78.

Analyst Ratings

Raymond James Financial Inc. (RJF) has been rated Overweight by analysts. According to 0 brokerage firms, RJF is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Raymond James Financial Inc. stock as buy, with 6 recommending it as overweight.

With a median target price of $108.50, the current consensus forecast for the stock is $95.00 – $136.00. Based on these forecasts, analysts predict Raymond James Financial Inc. (RJF) will achieve an average price target of $109.60.


Please enter your comment!
Please enter your name here