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Model output · Signal date 2026-10-16

Raymond James Financial Inc (RJF) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D Neutral Alpha
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Middle 30% of 5184 stocks scored
Rank correlation · 90D 26.0% Spearman, 357 dates
Market Cap $30.16B large-cap · #5 of 26 peers
Summary

Raymond James Financial Inc (RJF) stock forecast summary

On Oct. 16, 2026, RJF is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.

Raymond James Financial Inc is a large-cap company with a market capitalization of $30.16B. It ranks number 5 by market capitalization among the 26 Security Brokers, Dealers & Flotation Companies issuers in our coverage with a current forecast.

For RJF, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 26.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 26.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

RJF price chart and AI forecast

RJF
Cross-section · 2026-10-16

How RJF ranks among 5184 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Raymond James Financial Inc (RJF) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Security Brokers, Dealers & Flotation Companies peers listed below that report each metric.

Valuation & Market

MetricRJFIndustry medianRank
Market Cap $30.16B $5.18B 5/26
P/E Ratio 13.66x 15.14x 12/19
P/B Ratio 2.37x 2.37x 11/21
Dividend Yield 1.42% 2.62% 10/12
EPS $11.48 – –
Book Value/Share $66.02 – –
Revenue/Share $88.32 – –
FCF/Share $7.50 – –

Profitability & Margins

MetricRJFIndustry medianRank
ROE 18.2% 17.2% 8/18
ROA 2.5% 1.6% 5/16
Net Margin 13.6% 13.3% 7/17
EBT Margin 35.7% 20.3% 7/21
Tax Rate 10.5% – –

Financial Health

MetricRJFIndustry medianRank
D/E Ratio 6.41x 6.41x 12/23
Financial Leverage 7.42x 7.42x 11/21

Cash Flow

MetricRJFIndustry medianRank
Operating Cash Flow $1.64B $198M 3/22
Free Cash Flow $1.44B $195M 2/14
Capital Spending -$197M -$44M 10/14
OCF Growth YoY -23.7% -4.1% 9/15
FCF Growth YoY -26.2% -26.2% 6/11
FCF/Sales 8.5% 9.8% 8/14
CapEx/Sales 1.2% 1.1% 7/14

Operational Efficiency

MetricRJFIndustry medianRank
Asset Turnover 0.18x 0.18x 9/17
Fixed Assets Turnover 23.8x 27.6x 10/16

Income Statement

MetricRJFIndustry medianRank
Total Revenue $16.99B $2.39B 4/21
Net Income $2.31B $307M 4/18

Dividend & Shareholder Information

MetricRJFIndustry medianRank
Dividends Per Share $2.22 – –
Payout Ratio 19.3% 32.5% 9/11
Shares Outstanding 192M – –
Net Income Growth 8.1% 36.3% 13/16
EPS Growth 12.7% 39.9% 14/17

Balance Sheet Highlights (USD millions)

Cash & Short-term Investments$9.98B10.6% of assets
Total Liabilities$81.45B86.5% of assets
Quarterly Financial Reports

RJF quarterly financials and insider trading

Industry Peers · Security Brokers, Dealers & Flotation Companies

Raymond James Financial Inc (RJF) industry peers

Companies classified under the same SEC industry code as Raymond James Financial Inc (Security Brokers, Dealers & Flotation Companies): 27 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
RJF Raymond James Financial Inc ▶ $30.16B 13.7x 2.4x
MS Morgan Stanley ▶ $283.60B 14.6x 2.4x
GS Goldman Sachs Group Inc ▲ $256.60B 13.6x 2.1x
HOOD Robinhood Markets, Inc. ▲ $88.89B 43.9x –
IBKR Interactive Brokers Group, Inc. ▶ $36.94B 34.5x 33.9x
NMR Nomura Holdings Inc ▼ $26.81B 6.1x 1.2x
SEIC Sei Investments Co ▼ $12.53B 18.4x 5.0x
FRHC Freedom Holding Corp. ▼ $11.10B 71.8x 7.2x
SF Stifel Financial Corp ▲ $10.46B 11.6x 1.8x
JEF Jefferies Financial Group Inc. ▲ $10.33B 15.1x 1.0x
VIRT Virtu Financial, Inc. ▶ $8.82B 9.4x 4.7x
GLXY Galaxy Digital Inc. ▼ $6.31B – –
MKTX Marketaxess Holdings Inc ▼ $5.79B 18.6x 4.7x
PIPR Piper Sandler Companies ▲ $4.57B 19.0x 3.3x
WT Wisdomtree, Inc. ▲ $3.24B 24.9x 7.7x
MIAX Miami International Holdings, Inc. ▲ $3.07B 32.2x 2.7x
ETOR Etoro Group Ltd. ▼ $2.04B – –
JSM Navient Corp ▲ $1.50B – 0.6x
OPY Oppenheimer Holdings Inc ▲ $1.08B 11.3x 1.1x
ACGP Associated Capital Group, Inc. ▼ $669M 15.3x 0.9x
MTC Mmtec, Inc. ▶ $604M – 46.6x
CSHR Coinshares Plc ▲ $511M – –
SIEB Siebert Financial Corp ▲ $83M 8.1x 0.9x
COHN Cohen & Co Inc. ▶ $69M 2.3x 1.1x
DOMH Dominari Holdings Inc. ▲ $47M – 2.2x
LGHL Lion Group Holding Ltd ▼ $130K – –
GLDI Credit Suisse Ag ▼ N/A – –

Where RJF sits on the market map

Finance · Security Brokers, Dealers & Flotation Companies
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News

Raymond James Financial Inc (RJF) stock news

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FAQ

Raymond James Financial Inc (RJF) stock forecast FAQ

What is the Raymond James Financial Inc (RJF) stock forecast?

On Oct. 16, 2026, RJF is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.

How accurate are Raymond James Financial Inc stock predictions?

For RJF, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 26.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 26.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Raymond James Financial Inc forecasts updated?

Raymond James Financial Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Raymond James Financial Inc's industry peers?

27 issuers in our coverage, RJF included, share the SEC industry code Security Brokers, Dealers & Flotation Companies. The largest are: Morgan Stanley (MS), Goldman Sachs Group Inc (GS), Robinhood Markets, Inc. (HOOD), Interactive Brokers Group, Inc. (IBKR), Nomura Holdings Inc (NMR), Sei Investments Co (SEIC).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.