Raymond James (RJF) Receives News Sentiment Score of 2.62

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:

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.

Raymond James (NYSE:RJF) last released its quarterly earnings data on Wednesday, January 23rd. The financial services provider reported $1.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.73 by $0.06. Raymond James had a return on equity of 15.86% and a net margin of 12.79%. The business had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the business posted $1.61 EPS. Raymond James’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities analysts forecast that Raymond James will post 7.15 EPS for the current year.

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.

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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.

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