What changed
$RJF — ADD 📊
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individual
🎯 Q1 FY26 | Rev $4B | EPS $2.72 vs $2.71 🟢
💡 Consensus expects mid-single-digit EPS growth with a stable 14.3x multiple (historical median). Our variant view sees low-double-digit growth from record bank lending (up 14% YoY to $54.8B) and securities-based loans (up 31%), driving EPS about 5% above consensus and multiple expansion to 15x as the franchise demonstrates steady compounding.
📉 Reward/Risk: 2.5:1
🏢 Business Quality: 8/10 - leading wealth management and capital markets franchise with sticky advisor network, prudent credit risk, and consistent capital returns; recurring fee-based revenue provides earnings stability.
📊 Our read: ADD. Full analysis →
https://stockduty.xyz/s/RJF0619
Also in play: $NJR $SR $OGS
Why it matters
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individual