News headlines about Raymond James (NYSE:RJF) have trended positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Raymond James earned a news sentiment score of 2.62 on their scale. InfoTrie also assigned media stories about the financial services provider an news buzz score of 2 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Raymond James’ score:
- Verastem stock price target cut to $6 from $12 at Raymond James (feeds.marketwatch.com)
- Peter Bermont Ranked To Barron’s “Top 1,200 Financial Advisors” List (finance.yahoo.com)
- Raymond James Sees Mixed View on Barrick and Newmont on JV vs Merger (feedproxy.google.com)
- U.S. Core Inflation Unexpectedly Cools on Autos, Drug Prices (finance.yahoo.com)
- One burned-up sector is about to shine bright, Raymond James’ Saut says (cnbc.com)
Raymond James stock opened at $82.00 on Friday. The stock has a market cap of $11.45 billion, a PE ratio of 12.67, a P/E/G ratio of 0.67 and a beta of 1.56. Raymond James has a 1 year low of $69.11 and a 1 year high of $102.17. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.12 and a quick ratio of 1.10.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Monday, April 1st will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Friday, March 29th. Raymond James’s dividend payout ratio (DPR) is presently 21.02%.
RJF has been the subject of several analyst reports. Zacks Investment Research upgraded Raymond James from a “sell” rating to a “hold” rating in a research report on Monday, January 28th. Citigroup decreased their target price on Raymond James from $86.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, December 10th. ValuEngine lowered Raymond James from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. Wells Fargo & Co restated a “buy” rating on shares of Raymond James in a research report on Thursday, January 24th. Finally, Argus initiated coverage on Raymond James in a research report on Wednesday, March 6th. They set a “buy” rating and a $92.00 target price for the company. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $95.20.
ILLEGAL ACTIVITY WARNING: “Raymond James (RJF) Receives News Sentiment Score of 2.62” was originally published by WKRB News and is the sole property of of WKRB News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://www.wkrb13.com/2019/03/15/raymond-james-rjf-receives-news-sentiment-score-of-2-62.html.
Raymond James Company Profile
Raymond James Financial, Inc, a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments.
Further Reading: Should I invest in “strong buy” stocks?
Receive News & Ratings for Raymond James Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raymond James and related companies with MarketBeat.com's FREE daily email newsletter.