News articles about Raymond James Financial (NYSE:RJF) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Raymond James Financial earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.6116224724365 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

Raymond James Financial (NYSE:RJF) traded up $2.29 during midday trading on Wednesday, hitting $91.02. 1,113,524 shares of the company were exchanged, compared to its average volume of 997,018. Raymond James Financial has a fifty-two week low of $71.35 and a fifty-two week high of $99.10. The company has a quick ratio of 1.12, a current ratio of 1.14 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $12,961.19, a price-to-earnings ratio of 22.09, a PEG ratio of 0.76 and a beta of 1.63.

Raymond James Financial (NYSE:RJF) last posted its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $1.61 EPS for the quarter, beating the Zacks’ consensus estimate of $1.42 by $0.19. Raymond James Financial had a net margin of 9.00% and a return on equity of 14.87%. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the business earned $1.07 earnings per share. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. analysts forecast that Raymond James Financial will post 6.89 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Wednesday, January 3rd were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Tuesday, January 2nd. This is a positive change from Raymond James Financial’s previous quarterly dividend of $0.22. Raymond James Financial’s dividend payout ratio (DPR) is currently 24.27%.

A number of research analysts recently commented on the stock. Credit Suisse Group reiterated a “hold” rating and set a $99.00 price objective on shares of Raymond James Financial in a research note on Friday, January 26th. Buckingham Research raised their price objective on shares of Raymond James Financial from $113.00 to $117.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $102.00 price objective on shares of Raymond James Financial in a research note on Thursday, January 25th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $110.00 price objective (up previously from $94.00) on shares of Raymond James Financial in a research note on Thursday, January 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $99.29.

In related news, Vice Chairman Francis S. Godbold sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $85.51, for a total transaction of $3,847,950.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP George Catanese sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $85.63, for a total transaction of $171,260.00. Following the sale, the senior vice president now owns 6,678 shares of the company’s stock, valued at $571,837.14. The disclosure for this sale can be found here. Insiders have sold 325,479 shares of company stock valued at $28,161,533 over the last 90 days. 10.46% of the stock is currently owned by insiders.

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About Raymond James Financial

Raymond James Financial, Inc (RJF) is a financial holding company. The Company’s subsidiaries include Raymond James & Associates, Inc (RJ&A), Raymond James Financial Services, Inc (RJFS), Raymond James Financial Services Advisors, Inc (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc (Eagle), and Raymond James Bank, N.A.

Insider Buying and Selling by Quarter for Raymond James Financial (NYSE:RJF)

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