Is Raymond James Financial, Inc. (NYSE: RJF) Still A Loss Stock Despite Being Up 6.50% YTD?

During the recent session, Raymond James Financial, Inc. (NYSE:RJF)’s traded shares were 1.36 million, with the beta value of the company hitting 1.04. At the last check today, the stock’s price was $118.75, reflecting an intraday loss of -6.89% or -$8.79. The 52-week high for the RJF share is $131.19, that puts it down -10.48 from that peak though still a striking 30.95% gain since the share price plummeted to a 52-week low of $82.00. The company’s market capitalization is $24.82B, and the average trade volume was 1.07 million shares over the past three months.

Raymond James Financial, Inc. (NYSE:RJF) trade information

Raymond James Financial, Inc. (RJF) registered a -6.89% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.89% in intraday trading to $118.75, hitting a weekly high. The stock’s 5-day price performance is -2.63%, and it has moved by -5.30% in 30 days. Based on these gigs, the overall price performance for the year is 29.97%.

Raymond James Financial, Inc. (RJF) estimates and forecasts

Statistics show that Raymond James Financial, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Raymond James Financial, Inc. (RJF) shares have gone up 25.44% during the last six months, with a year-to-date growth rate less than the industry average at 13.86% against 16.60. In the rating firms’ projections, revenue will increase 9.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.24B as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 3.33B by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.76%. While earnings are projected to return 14.18% in 2024, the next five years will return 15.10% per annum.

RJF Dividends

Raymond James Financial, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Raymond James Financial, Inc. is 1.74, with the dividend yield indicating at 1.47 percent, continuing the trend of increasing dividends in recent years.

Raymond James Financial, Inc. (NYSE:RJF)’s Major holders