US · RJF
Raymond James Financial, Inc.
- Sector
- Financial Services · Financial - Capital Markets
- Headquarters
- Saint Petersburg, FL 33716
- Website
- raymondjames.com
Price · as of 2025-09-30
$156.20
Market cap 30.23B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $98.93 | -36.66% |
| Intrinsic Value(DCF) | $203.34 | +30.18% |
| Graham-Dodd Method(GD) | $76.67 | -50.92% |
| Graham Formula(GF) | $166.81 | +6.79% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $16.68 | $112.66 | $9.62 | $16.12 | $27.40 |
| 2012 | $20.36 | $82.27 | $70.71 | $17.41 | $35.91 |
| 2013 | $27.29 | $92.30 | $159.47 | $19.62 | $45.05 |
| 2014 | $32.45 | $96.23 | $72.70 | $23.47 | $35.67 |
| 2015 | $32.45 | $91.34 | $25.61 | $24.22 | $34.37 |
| 2016 | $42.57 | $86.58 | $20.43 | $25.64 | $31.67 |
| 2017 | $52.68 | $84.60 | $112.11 | $29.99 | $75.01 |
| 2018 | $44.92 | $114.99 | $232.08 | $36.30 | $86.90 |
| 2019 | $54.89 | $75.73 | $205.49 | $39.82 | $74.35 |
| 2020 | $57.13 | $53.24 | $33.66 | $37.13 | $39.05 |
| 2021 | $91.76 | $83.74 | $77.79 | $55.08 | $193.76 |
| 2022 | $108.15 | $72.42 | $113.61 | $54.44 | $154.72 |
| 2023 | $103.76 | $260.94 | $538.00 | $57.35 | $186.13 |
| 2024 | $160.75 | $99.84 | $583.12 | $71.55 | $222.55 |
| 2025 | $162.58 | $98.93 | $532.00 | $76.67 | $166.81 |
AI valuation
Our deep-learning model estimates Raymond James Financial, Inc.'s (RJF) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $98.93
- Current price
- $156.20
- AI upside
- -36.66%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$203.34
+30.18% upside
Graham-Dodd
$76.67
-50.92% upside
Graham Formula
$166.81
+6.79% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| RJF | Raymond James Financial, … | $156.20 | 30.23B | -37% | +30% | -51% | +7% | 15.38 | 2.63 | 2.06 | 4.02 | 248.68 | 3.08 | 88.16% | 28.66% | 13.42% | 17.66% | -150.25% | 2.49% | 0.36 | 2.47 | 0.32 | 0.35 | -1.44 | 619.00% | 794.00% | 1518.00% | 6.84% | 0.04 | -94.05% | 1.27% | 19.50% | 5.12% | 4.19 | 8.51 | 1.20 | 0.22 |
| ACGL | Arch Capital Group Ltd. | $100.15 | 36.32B | +61% | +147% | +23% | +165% | 8.48 | 1.54 | 1.92 | 7.10 | 220.60 | 1.62 | 51.76% | 26.56% | 22.65% | 19.54% | 21.90% | 6.38% | 0.11 | 34.86 | 1.21 | 1.21 | 0.32 | 384.00% | 1474.00% | -746.00% | 16.43% | 0.83 | 30.50% | 0.13% | 1.10% | 5.23% | 7.56 | 6.37 | 2.01 | 1.66 |
| FUTU | Futu Holdings Limited | $148.84 | 20.74B | -40% | -70% | -66% | +42% | 22.65 | 4.39 | 9.06 | 17.24 | 83.20 | 4.41 | 82.01% | 48.72% | 40.05% | 20.67% | 25.19% | 4.25% | 0.31 | — | 1.19 | 0.67 | -0.46 | 2723.00% | 3579.00% | -58056.00% | 25.05% | 0.24 | 138.83% | 0.00% | 0.00% | 3.32% | 17.70 | 3.80 | 8.62 | 1.11 |
| LPLA | LPL Financial Holdings In… | $300.38 | 24.05B | -21% | +1,838% | -76% | +60% | 27.90 | 4.50 | 1.42 | 13.84 | — | -38.15 | 25.59% | 13.45% | 5.08% | 20.86% | 17.92% | 5.43% | 1.36 | 5.66 | 2.42 | 1.89 | 2.85 | -2217.00% | 3718.00% | 24455.00% | -4.08% | -0.11 | -10.26% | 0.39% | 10.90% | 0.95% | 13.22 | -30.77 | 1.78 | 3.20 |
| MS | Morgan Stanley | $166.47 | 264.57B | -27% | +135% | -69% | +30% | 15.56 | 2.35 | 2.26 | 7.45 | 54.98 | 2.95 | 57.48% | 18.91% | 14.52% | 15.60% | 30.78% | 1.28% | 4.26 | 0.45 | 1.17 | 1.17 | 13.70 | 2830.00% | 1257.00% | -229524.00% | 17.57% | 0.09 | 83.34% | 2.51% | 39.10% | 4.74% | 9.02 | 4.29 | 1.70 | 0.45 |
| NWG | NatWest Group plc | $16.60 | 33.09B | +38% | +14% | +23% | +161% | 3.17 | 0.57 | 0.83 | -0.22 | 11.59 | 0.69 | 56.34% | 26.15% | 19.78% | 18.81% | 80.29% | 1.08% | 1.69 | 0.60 | 0.20 | 0.20 | -1.53 | 2736.00% | 320.00% | 73429.00% | 23.70% | 0.01 | 79.68% | 9.73% | 30.80% | 20.20% | -0.26 | -0.34 | -0.07 | -0.51 |
| SCHW | The Charles Schwab Corpor… | $95.20 | 172.81B | -39% | -27% | -52% | -25% | — | 3.43 | 6.11 | 13.33 | — | 5.60 | 80.28% | 49.42% | 31.99% | 0.00% | 42.73% | 0.00% | 0.65 | 3.64 | 2952.94 | 1654.88 | 2.10 | 5585.00% | 645.00% | 32746.00% | 5.18% | 136.93 | 35.45% | 0.00% | — | 0.00% | 14.66 | 22.87 | 7.24 | 133.48 |
| SLF | Sun Life Financial Inc. | $65.55 | 36.34B | -10% | +232,350% | -95% | +109% | 14.71 | 2.13 | 1.24 | 12.13 | 88.06 | 5.30 | 100.00% | 11.37% | 8.87% | 14.03% | 14.53% | 0.92% | 0.90 | 9.12 | — | — | 2.32 | 1670.00% | 2229.00% | 46936.00% | 26.07% | — | 52.31% | 3.95% | 58.10% | 7.22% | 13.46 | 4.74 | 1.53 | 0.32 |
| STT | State Street Corporation | $128.62 | 35.93B | -24% | -2% | -51% | -79% | 12.32 | 1.30 | 1.75 | 12.66 | 84.27 | 1.93 | 67.21% | 18.02% | 14.23% | 11.07% | -39.84% | 0.82% | 1.07 | 0.43 | 3.59 | 0.00 | 5.71 | 1462.00% | -578.00% | -13036.00% | 11.84% | 0.13 | -58.05% | 3.09% | 38.10% | 6.69% | 17.70 | 15.39 | 3.19 | 0.61 |
| WTW | Willis Towers Watson Publ… | $305.17 | 29.22B | -23% | -52% | -94% | -68% | 18.48 | 3.74 | 3.07 | 12.55 | — | -14.17 | 42.06% | 23.01% | 16.53% | 20.27% | 15.73% | 5.64% | 0.87 | 8.59 | 1.20 | 0.42 | 1.41 | -179375.00% | -224.00% | 2202.00% | 5.19% | 0.13 | 13.03% | 1.20% | 22.20% | 7.64% | 15.03 | 21.72 | 3.46 | 1.51 |
About Raymond James Financial, Inc.
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; and securities borrowing and lending services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential, securities-based, and other loans; and loan syndication services. The Other segment engages in the private equity investments, including various direct and third-party private equity investments; and legacy private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
- CEO
- Paul Marone Shoukry
- Employees
- 19K
- Beta
- 1.00
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($203.34 ÷ $156.20) − 1 = +30.18% (DCF, example).