Market Movers

Raymond James Financial, Inc.’s Stock Price Dips to $113.51, Marking a 6.28% Decrease – A Detailed Analysis

Raymond James Financial, Inc. (RJF)

113.51 USD -7.60 (-6.28%) Volume: 3.69M

Raymond James Financial, Inc.’s stock price is currently at 113.51 USD, witnessing a dip of -6.28% this trading session, with a trading volume of 3.69M. Despite the recent decline, the stock maintains a positive YTD change of +1.80%, showcasing resilience in its performance.


Latest developments on Raymond James Financial, Inc.

Today, Raymond James Financial Inc. saw its stock price rise, despite still underperforming the market. This movement comes after Concurrent Investment Advisors LLC purchased 2,328 shares of Raymond James (NYSE:RJF). The company’s shares also experienced a gap down to $121.11, indicating some volatility in the stock price. Investors will be closely watching Raymond James Financial‘s performance in the coming days to see if these recent events will have a lasting impact on the stock price.


A look at Raymond James Financial, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Raymond James Financial has a mixed outlook according to Smartkarma Smart Scores. While the company scores high in resilience and growth, it falls short in value and dividend factors. This suggests that Raymond James Financial may face challenges in terms of providing value to investors and offering attractive dividends in the long run.

Despite some areas of concern, Raymond James Financial‘s strong performance in resilience and growth could indicate a promising future for the company. With a solid foundation in place, the company may be well-positioned to weather market fluctuations and capitalize on opportunities for expansion. Investors may want to keep an eye on how Raymond James Financial continues to navigate these factors in order to make informed decisions about their investments.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars