How to buy Raymond James Financial shares

Own Raymond James Financial shares in just a few minutes.

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Raymond James Financial, Inc (RJF) is a leading capital markets business with stocks listed in the US. It opened the day at US$129.08 after a previous close of US$128.86. During the day the price has varied from a low of USD129.08 to a high of USD131.3. The latest price was USD131.1 (25 minute delay). Raymond James Financial is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Raymond James Financial

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Raymond James Financial. Find the share by name or ticker symbol: RJF. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Raymond James Financial reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$132.43, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Raymond James Financial, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Raymond James Financial. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Raymond James Financial share price

Use our graph to track the performance of RJF stocks over time.

Raymond James Financial shares at a glance

Information last updated 2021-06-11.
OpenUS$129.08
HighUS$131.3
LowUS$129.08
CloseUS$131.1
Previous closeUS$128.86
Change US$2.24
Change % 1.7383%
Volume 514,761
Information last updated 2021-06-10.
52-week rangeUS$64.1794 - US$138.56
50-day moving average US$132.1332
200-day moving average US$114.9382
Target priceUS$149.67
PE ratio 17.2766
Dividend yield US$1.52 (1.18%)
Earnings per share (TTM) US$7.487

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Raymond James Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Raymond James Financial price performance over time

Historical closes compared with the last close of $131.1

1 week (2021-06-02) -0.83%
1 month (2021-05-12) 1.35%
3 months (2021-03-12) 9.48%
6 months (2020-12-11) 41.98%
1 year (2020-06-12) 83.10%
2 years (2019-06-12) 57.42%
3 years (2018-06-12) 31.68%
5 years (2016-06-10) 148.01%

Is Raymond James Financial under- or over-valued?

Valuing Raymond James Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Raymond James Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Raymond James Financial's P/E ratio

Raymond James Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Raymond James Financial shares trade at around 17x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Raymond James Financial's PEG ratio

Raymond James Financial's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9494. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Raymond James Financial's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Raymond James Financial financials

Revenue TTM US$8.5 billion
Operating margin TTM 16.98%
Gross profit TTM US$7.3 billion
Return on assets TTM 1.98%
Return on equity TTM 14.48%
Profit margin 12.39%
Book value 55.353
Market capitalisation US$17.8 billion

TTM: trailing 12 months

Shorting Raymond James Financial shares

There are currently 1.5 million Raymond James Financial shares held short by investors – that's known as Raymond James Financial's "short interest". This figure is 1.2% down from 1.5 million last month.

There are a few different ways that this level of interest in shorting Raymond James Financial shares can be evaluated.

Raymond James Financial's "short interest ratio" (SIR)

Raymond James Financial's "short interest ratio" (SIR) is the quantity of Raymond James Financial shares currently shorted divided by the average quantity of Raymond James Financial shares traded daily (recently around 617004.9382716). Raymond James Financial's SIR currently stands at 2.43. In other words for every 100,000 Raymond James Financial shares traded daily on the market, roughly 2430 shares are currently held short.

However Raymond James Financial's short interest can also be evaluated against the total number of Raymond James Financial shares, or, against the total number of tradable Raymond James Financial shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Raymond James Financial's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Raymond James Financial shares in existence, roughly 10 shares are currently held short) or 0.0159% of the tradable shares (for every 100,000 tradable Raymond James Financial shares, roughly 16 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Raymond James Financial.

Find out more about how you can short Raymond James Financial stock.

Raymond James Financial's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Raymond James Financial.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Raymond James Financial's total ESG risk score

Total ESG risk: 25.68

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Raymond James Financial's overall score of 25.68 (as at 12/31/2018) is nothing to write home about – landing it in it in the 49th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Raymond James Financial is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Raymond James Financial's environmental score

Environmental score: 2.23/100

Raymond James Financial's environmental score of 2.23 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Raymond James Financial is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Raymond James Financial's social score

Social score: 9.69/100

Raymond James Financial's social score of 9.69 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Raymond James Financial is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Raymond James Financial's governance score

Governance score: 12.76/100

Raymond James Financial's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Raymond James Financial is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Raymond James Financial's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Raymond James Financial scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Raymond James Financial has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Raymond James Financial, Inc was last rated for ESG on: 2019-01-01.

Total ESG score 25.68
Total ESG percentile 49.26
Environmental score 2.23
Environmental score percentile 2
Social score 9.69
Social score percentile 2
Governance score 12.76
Governance score percentile 2
Level of controversy 2

Raymond James Financial share dividends

20%

Dividend payout ratio: 19.85% of net profits

Recently Raymond James Financial has paid out, on average, around 19.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.21% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Raymond James Financial shareholders could enjoy a 1.21% return on their shares, in the form of dividend payments. In Raymond James Financial's case, that would currently equate to about $1.52 per share.

While Raymond James Financial's payout ratio might seem low, this can signify that Raymond James Financial is investing more in its future growth.

Raymond James Financial's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2021 (the "ex-dividend date").

Have Raymond James Financial's shares ever split?

Raymond James Financial's shares were split on a 3:2 basis on 22 March 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Raymond James Financial shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Raymond James Financial shares which in turn could have impacted Raymond James Financial's share price.

Raymond James Financial share price volatility

Over the last 12 months, Raymond James Financial's shares have ranged in value from as little as US$64.1794 up to US$138.56. A popular way to gauge a stock's volatility is its "beta".

RJF.US volatility(beta: 1.26)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Raymond James Financial's is 1.2571. This would suggest that Raymond James Financial's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Raymond James Financial overview

Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities in the United States, Canada, and Europe. The Private Client Group segment offers securities transaction services, including the sale of equities, mutual funds, fixed income products, and insurance and annuity products to retail clients; mutual funds; investment advisory and margin loan services; custodial, trading, research, and other support services; diversification strategies and alternative investment products; and borrowing and lending of securities to and from other broker-dealers, financial institutions, and other counterparties. The Capital Markets segment provides equity products to institutional clients; investment banking services, including public and private equity financing for corporate clients, merger and acquisition advisory services, and strategic and financial advisory services; and taxable and tax-exempt fixed income products, such as municipal, corporate, government agency and mortgage-backed bonds, and whole loans. This segment also offers public finance and debt underwriting services, interest rate derivatives, and tax credit funds; and publishes research on companies of various industries. The Asset Management segment offers asset management, portfolio management and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The RJ Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential, securities-based, and other loans; and loan syndication. The Other segment engages in the private equity activities, including various direct and third-party private equity investments; and private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.

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