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RJF

Raymond James Financial

NYSEFinancialsAsset ManagementSnapshot 2026-05-08

$154.33+0.52%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, RJF has a composite score of 8.0 and a signal label of "mixed." This score is influenced by a medium confidence level of 73.2 and reflects various factors, including a macro score of -7.7 and a sector score of 14.6. The analysis is provisional, indicating that the data may be subject to change.

Composite +8.0as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.06
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
644749609563
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$154.33
TTM EPS
$9.99
Earnings yield
6.5%
P/E (TTM)
15.4

Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1

F3 · Earnings quality
fragile
Bottom 30% cash conversion in financials cohort
Why this rank
TTM NI ($M)
2,031
TTM CFO ($M)
1,315
CFO/NI
0.65
L2

Watch

has something changed worth re-reading?
F4 · Management stability
Insufficient data
No score yet
Earnings setup · pre-print positioning
forward-looking
neutral10 analysts, 43% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.01 → $2.92 (-3.0% / 30d). 1 raised, 7 cut, 10 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 6 maintained. 43% of analysts rate Buy.

Price target activity

4 PT revisions / 30d. Avg target 9.9% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

No recent events recorded.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase Private Client Group assetsgrowthon track100% progress
    4/22: CEO: 'Record PCG fee-based assets and annualized net new asset growth of 7% for the first half of the fiscal year.'
    Why this status

    Stated in 3 of last 3 quarters. Private Client Group assets in fee-based accounts grew 20% over March 2025, reaching $1.04 trillion. The trajectory is delivering on management's growth focus.

  2. 2.Enhance technology solutionsproductwatchprovisional
    4/22: CEO: 'We continue to develop industry-leading technology solutions, including increasing AI integration.'
    Why this status

    Stated in 2 of last 2 quarters. While management emphasizes technology enhancements, the financials do not provide specific metrics on technology-driven efficiency gains. Persistent statement, limited substantive delivery this quarter.

  3. 3.Expand investment banking revenuesgrowthon track100% progress
    4/22: CEO: 'Investment banking revenues of $272 million, up 31% over the prior year.'
    Why this status

    Stated in 2 of last 2 quarters. Investment banking revenues increased 31% over the prior year, reaching $272 million. The trajectory aligns with management's focus on expanding this segment.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −20%, typical day ±0.9%
Why this risk level

Recent vol — 30d annualized 25%; 252d 25%.

Drawdown — Max 1y −20%. Bad day move −3%.

Beta to sector ETF (XLF) 1.12 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 59/100, drawdown 61/100, beta 88/100, earnings vol .

Sector regime
headwind-9.7%sector vs S&P 500, 60d

via XLF

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite59.0 / 100
Capital allocation55
Earnings discipline44
Margin discipline95
Balance sheet58
Guidance credibility
Post-call reaction54
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase Private Client Group assets

    Growth

    Focus on growing Private Client Group assets, particularly in fee-based accounts.

    On track

    Stated in 3 of last 3 quarters. Private Client Group assets in fee-based accounts grew 20% over March 2025, reaching $1.04 trillion. The trajectory is delivering on management's growth focus.

    Private Client Group assets in fee-based accounts grew 20% over March 2025
    100%
    CEO/CFO:CEO: 'Record PCG fee-based assets and annualized net new asset growth of 7% for the first half of the fiscal year.'
    Press releaseSource dated 2026-04-22Stated 3 of last 8 quartersFirst seen 2026-04-22
    Show history (3)
    • 2026-Q1Press release

      CEO: 'Record PCG fee-based assets and annualized net new asset growth of 7%.'

    • 2025-Q4Press release

      CEO: 'Continued growth in PCG assets, driven by market appreciation and net inflows.'

    • 2025-Q3Press release

      CEO: 'Strong growth in PCG fee-based accounts.'

  • #2

    Enhance technology solutions

    Product

    Develop industry-leading technology solutions, including AI integration, to improve efficiency.

    Watch

    Stated in 2 of last 2 quarters. While management emphasizes technology enhancements, the financials do not provide specific metrics on technology-driven efficiency gains. Persistent statement, limited substantive delivery this quarter.

    No score
    CEO/CFO:CEO: 'We continue to develop industry-leading technology solutions, including increasing AI integration.'
    Press releaseSource dated 2026-04-22Stated 2 of last 8 quartersFirst seen 2026-04-22provisional
    Show history (2)
    • 2026-Q1Press release

      CEO: 'Develop industry-leading technology solutions, including AI integration.'

    • 2025-Q4Press release

      CEO: 'Investing in technology to enhance client service and efficiency.'

  • #3

    Expand investment banking revenues

    Growth

    Focus on growing investment banking revenues through higher debt and equity underwriting.

    On track

    Stated in 2 of last 2 quarters. Investment banking revenues increased 31% over the prior year, reaching $272 million. The trajectory aligns with management's focus on expanding this segment.

    Investment banking revenues increased 31% over the prior year
    100%
    CEO/CFO:CEO: 'Investment banking revenues of $272 million, up 31% over the prior year.'
    Press releaseSource dated 2026-04-22Stated 2 of last 8 quartersFirst seen 2026-04-22
    Show history (2)
    • 2026-Q1Press release

      CEO: 'Investment banking revenues of $272 million, up 31%.'

    • 2025-Q4Press release

      CEO: 'Strong growth in investment banking revenues.'

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
51higher = cheaper

Roughly priced in line with peers.

Compared to its own history
86higher = cheaper

Cheaper than its own typical valuation.

P/E
14.0x
EV/EBITDA
7.0x
FCF yield

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
RJF
Raymond James Financial
+8.0fairmoderate
BRK-B
Berkshire Hathaway
+6.0moderate
JPM
JPMorgan Chase
-0.9fulllow
V
Visa Inc.
+20low
MA
Mastercard
+15fulllow
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.9%
A bad day (95th %ile)
A rough but not unusual down day.
-2.5%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-19.6%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)+6.6 pts
  • If financials sector trend rises from +0.07 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-02-23)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-02-23)-8.0 pts
  • If financials sector trend falls from +0.07 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2217d agoItem 2.02

    Results of Operations and Financial Condition On April 22, 2026, Raymond James Financial, Inc. (the “Company”) issued a press release disclosing its results for the fiscal second quarter ended March 31, 2026. A copy of this press release is attached to this Current Report as Exhibit 99.1 and incorporated by reference herein. In addition, a copy of the Company’s Financial Supplement and Earnings Presentation for the fiscal second quarter ended March 31, 2026 are attached as Exhibits 99.2 and 9…

    earnings preannouncementneutralscore 45
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-06 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.