Raymond James Financial, IncNYSE: RJF
Financials · Investment Banking & Brokerage
$156.18
-1.63%
Vol: 1.1M
Research Digest
Friday, June 19, 2026
Raymond James Financial appoints AI-focused Chief Architect Seth Ford, signaling a major technology transformation push ahead of July earnings.
Raymond James Financial named Seth Ford as SVP and Chief Architect on June 9, 2026, to lead AI, advanced analytics, and cloud architecture evolution across its platforms. Ford brings deep financial services technology experience from Vanguard and Fidelity. The firm reported record client assets of $1.87 trillion and 11.6% annual revenue growth, with Q2 revenue of $4.3 billion beating estimates. No material negative catalysts emerged overnight; the next earnings release is scheduled for July 22, 2026. The technology hire could accelerate platform modernization but introduces execution risk if integration timelines slip.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Raymond James declared $0.54 quarterly dividend May 13 and added advisor teams overseeing $660M in assetsPositive▶
Raymond James Financial's board declared a quarterly cash dividend of $0.54 per share on May 13, 2026, payable July 15. The firm added advisor teams to its Financial Institutions Division at FNBO that oversee approximately $145M and another $515M duo in Kansas City, MO. The company also continued growing its independent channel despite losing a $1.3B advisor team to Concurrent. RJF was upgraded to a strong buy citing robust growth and the Clark Capital acquisition. The stock trades at $155.22 with a market cap of $32.09B. Risk: insider selling and a small 4.1% loss over six months suggest mixed sentiment as the firm navigates advisor competition.
May 20Raymond James declared a $0.54 quarterly dividend May 13 while expanding advisor force amid insider selling concerns.Mixed▶
Raymond James Financial's board declared a $0.54 per-share quarterly cash dividend on May 13, 2026, payable July 15 to holders of record July 1. The firm continued advisor recruitment momentum, with its Financial Institutions Division adding the Weber/Peavey/Stone team to FNBO ($145M AUM in Kansas City) and a separate $515M FNBO duo in Kansas City, Missouri. The independent channel also attracted new advisors from Wells Fargo, UBS, and Northwestern Mutual, though the firm did lose a $1.3B advisor team to Concurrent. Stock trades around $155.88 with a 14.57 P/E and 1.3% yield. Sentiment is mixed: insider selling has raised concerns, but analysts upgraded to strong buy citing robust growth, low leverage, valuation, advisor expansion, net inflows, and the Clark Capital acquisition.
May 19Raymond James declares $0.54 quarterly dividend on May 13 as insider selling and Clark Capital integration draw mixed analyst viewsMixed▶
On May 13, 2026, Raymond James Financial's board declared a quarterly cash dividend of $0.54 per share, payable July 15, 2026. Coverage flagged possible bearish signals from insider stock disposals even as the firm continues advisor-network expansion, integrating recently added FNBO-affiliated teams overseeing roughly $145M and $420M in client assets. Growth narrative is supported by the Clark Capital acquisition, strong net inflows, and the firm being upgraded to strong buy by one outlet citing low leverage and compelling valuation. Shares traded around $155 in mid-May with a 14.6x P/E and 1.3% dividend yield, lagging the S&P 500 over the prior six months. Risk: insider selling combined with sector underperformance could limit near-term upside despite favorable fundamentals.
May 18Raymond James declared its quarterly common-stock dividend on May 13 while shares slid amid AI-disruption concerns for advisory firmsMixed▶
Raymond James Financial's board declared its quarterly common-stock dividend on May 13. Shares closed at $154.11 on May 15, down 0.94%, and have fallen 4.1% over the past six months while the S&P 500 has gained 7.7% over the same window. Pressure on the stock has been linked to investor concerns about AI disruption in the financial advisory space, though Q2 2026 EPS of $2.83 beat estimates by 2.5%. The Financial Institutions Division added an advisor team at FNBO overseeing roughly $145M in client assets. The 11-analyst consensus rating is Hold with an average 12-month target of $182.91, implying ~19.5% upside.
May 15Raymond James declares $0.54 quarterly dividend on May 13 and rolls out Client 360 AI platform amid $1.1B technology investmentPositive▶
Raymond James Financial's Board declared a quarterly cash dividend of $0.54 per share on May 13, payable July 15 to shareholders of record July 1, 2026. The firm rolled out its Client 360 platform and launched an AI learning academy for advisors as part of a reported $1.1B technology investment focused on advisor productivity. RJF closed its acquisition of Clark Capital Management Group and introduced proprietary active ETFs to expand its asset management menu. Its Financial Institutions Division added a Kansas City advisor team overseeing ~$145M in client assets. Shares traded between $153.39 and $156.23 on May 15. UBS raised its target to $166 from $158 on April 23; the average analyst rating is Hold with a 12-month target of $182.91 (~20% upside).
May 14Raymond James declares $0.54 quarterly dividend and gets upgraded to Strong Buy on advisor network growthPositive▶
Raymond James Financial declared a $0.54 quarterly dividend payable July 15, 2026 to shareholders of record July 1. The stock was upgraded to Strong Buy citing robust growth, earnings momentum, low leverage, and compelling valuation, supported by advisor network expansion and the Clark Capital acquisition. RJF added a Kansas City advisor team overseeing about $145M in assets to its Financial Institutions Division. Trading at $155.22 with a market cap near $32B, though shares are down about 4.1% over the past six months.
May 13Raymond James was upgraded to Strong Buy on May 11 after Q2 2026 EPS of $2.83 beat estimates and Clark Capital acquisition closed.Positive▶
Raymond James reported Q2 2026 EPS of $2.83, beating $2.76 consensus on robust net inflows and advisor-network growth. The firm received a Strong Buy upgrade citing low leverage, margin expansion and an attractive 13x forward P/E. Raymond James closed the acquisition of asset manager Clark Capital Management Group ($46B AUM) and reported its Practice Capital Solutions Program is oversubscribed, with 12 deals done and ~100 in talks. CEO Paul Shoukry confirmed AI agent Raimond is in advisor pilot for broader 2026 rollout. Risk is the recent departure of a $1.2B advisor team to RIA Concurrent, signaling competitive pressure on the broker-dealer channel.
May 12Raymond James was upgraded to strong buy in early May 2026 as it rolled out the Client 360 platform and AI advisor academy, with Q2 EPS of $2.83 beating estimates.Positive▶
Raymond James launched its Client 360 platform and AI learning academy for financial advisors at its annual Las Vegas conference, moving closer to full-service platforms like Morgan Stanley and UBS. The firm reported Q2 2026 EPS of $2.83, beating $2.76 estimates by 2.54%. An early May upgrade to strong buy cited robust growth, earnings momentum, low leverage, A-level credit ratings, 88% YoY decrease in credit loss provisions, and compelling valuation at 12.7x forward P/E. The Clark Capital acquisition is expanding asset management, while the Practice Capital Solutions Program is oversubscribed with 12 advisor practices staked and 100 more in talks. Stock trades at $155.22 with $32.09B market cap.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MSMORGAN | $223.28 | -0.75% | +12.8% | 17.6x | 1.22 | $352.0B |
| GSGOLDMAN | $1,098.69 | -0.04% | +11.7% | 16.7x | 1.29 | $323.5B |
| IBKRINTERACTIVE | $96.07 | +1.03% | +14.6% | 33.4x | 1.33 | $162.8B |
| SCHWSCHWAB | $91.53 | -3.15% | +1.8% | 12.6x | 0.77 | $159.5B |
| HOODROBINHOOD | $108.14 | +2.79% | +42.8% | 38.0x | 2.35 | $97.4B |
| RJFRAYMOND | $156.18 | -1.63% | +2.5% | 11.7x | 0.95 | $30.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.