Feed / RJF

Raymond James Financial, Inc.

RJF

Financial Services · 158.16 -0.9% today

Isolated · not yet confirmedMarket checked 2 Oct, 15:55 GMT-4

Market read

No connected market move is active around Raymond James Financial, Inc..

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-0.9% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • RJF's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if RJF's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Asset Management

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • RJF's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 4, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations617
Usable filing statements216
Verified relationships6
Evidence supporting the case
  • Latest annual revenue changed +6.6% year over year.
  • Operating cash flow covered net income at 1.14x in the latest annual period.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
  • EV/sales is 48% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 2, 2026

158.16
6m+11.2%12m-4.7%24m+29.1%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-09-30$9.9B+21.3%$6.63+0.4%
2022-09-30$11.3B+14.1%$6.98+1.9%
2023-09-30$13.0B+14.9%$7.97+0.7%
2024-09-30$14.9B+14.9%$9.70-2.1%
2025-09-30$15.9B+6.6%$10.30-2.7%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
“Net revenues decreased $27 million primarily due to the impact of incremental interest expense from the $1.5 billion of senior notes issued in September 2025, net of interest income on the reinvested proceeds, as well as the impact of decreases in short-term…”
10-Q · May 6, 2026 ↗
Legal and regulatory exposuremixed · 4 filings
“Loss provisions for legal and regulatory matters The recorded amount of liabilities related to legal and regulatory matters is subject to significant management judgment.”
10-Q · May 6, 2026 ↗
Supply chain and availabilitynegative · 1 filings
“The gains or losses resulting from translating foreign currency financial statements into U.S.”
10-K · Nov 25, 2025 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.1× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

158.16-0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for RJF. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for RJF. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind RJF

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

MSDLMorgan Stanley Direct Lending FundpartnerFeb 26, 2026 ▾

“On March 28, 2025, we entered into equity distribution agreements (the “Equity Distribution Agreements”) by and among us, the Adviser, and each of Truist Securities, Inc., Keefe, Bruyette & Woods, Inc., RBC Capital Markets, LLC, Raymond James & Associates, In…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

RJF is currently a Early Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for RJF; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.