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Are we looking at the next big move in Raymond James Financial, Inc. (RJF)?

Raymond James Financial, Inc. (NYSE: RJF) is 9.88% higher on its value in year-to-date trading and has touched a low of $82.00 and a high of $131.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RJF stock was last observed hovering at around $122.55 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $122.52, the stock is -2.79% and 1.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -0.02% at the moment leaves the stock 12.17% off its SMA200. RJF registered 31.94% gain for a year compared to 6-month gain of 24.17%.

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The stock witnessed a 2.10% loss in the last 1 month and extending the period to 3 months gives it a 12.27%, and is -5.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.34% over the week and 1.76% over the month.

Raymond James Financial, Inc. (RJF) has around 23019 employees, a market worth around $25.61B and $13.51B in sales. Current P/E ratio is 15.36 and Fwd P/E is 11.91. Profit margin for the company is 12.72%. Distance from 52-week low is 49.41% and -6.61% from its 52-week high. The company has generated returns on investments over the last 12 months (11.88%).

The EPS is expected to grow by 16.33% this year.

Raymond James Financial, Inc. (RJF) Top Institutional Holders

The shares outstanding are 208.77M, and float is at 188.54M with Short Float at 2.26%.

Raymond James Financial, Inc. (RJF) Insider Activity

The most recent transaction is an insider purchase by GARCIA ART A,the company’sDirector. SEC filings show that GARCIA ART A bought 879 shares of the company’s common stock on Feb 09 ’24 at a price of $112.30 per share for a total of $98715.0. Following the purchase, the insider now owns 879.0 shares.

Raymond James Financial, Inc. disclosed in a document filed with the SEC on Jan 29 ’24 that Santelli Jonathan N (EVP, Gen Counsel, Secy) sold a total of 1,891 shares of the company’s common stock. The trade occurred on Jan 29 ’24 and was made at $111.91 per share for $0.21 million. Following the transaction, the insider now directly holds 21491.0 shares of the RJF stock.

Still, SEC filings show that on Dec 15 ’23, Raney Steven M (President & CEO RJBank) disposed off 930 shares at an average price of $110.42 for $0.1 million. The insider now directly holds 55,618 shares of Raymond James Financial, Inc. (RJF).

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