- Raymond James reported adjusted earnings per share (EPS) of $2.95 for the fourth quarter.
- This figure is a notable increase from last year’s $2.13, surpassing the anticipated $2.43.
- The regular EPS came in slightly lower at $2.86.
- The effective tax rate for the quarter was 20.8%.
- The company’s net revenue reached $3.46 billion, marking a 13% year-over-year increase.
- This revenue also exceeded the forecasted $3.31 billion.
- Current analyst ratings include 8 buys, 11 holds, and no sells on the stock.
A look at Raymond James Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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, Inc. is positioned for a stable long-term outlook based on the Smartkarma Smart Scores. With solid ratings across key areas, including Value, Dividend, Growth, Resilience, and Momentum, the company demonstrates a strong overall performance. Particularly noteworthy are its high scores in Resilience and Growth, indicating a robust ability to withstand market challenges and a potential for future expansion. This bodes well for investors seeking a reliable and growing financial services provider.
Raymond James Financial, operating in the United States, Canada, and overseas, offers a comprehensive range of financial services through its investment firms. With balanced ratings in important factors, investors may find Raymond James Financial a promising choice for long-term investment opportunities, backed by its consistent performance and strategic positioning in the market.
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.
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