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Kritika Sarmah

Is Raymond James Financial Stock Outperforming the S&P 500?

With a market cap of $29.4 billion, Saint Petersburg, Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial services company that provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States and internationally. 

Companies worth $10 billion or more are typically referred to as "large-cap stocks." KDP fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the asset management industry. Raymond James Financial sets itself apart with its client-first culture, a conservative management philosophy, and a diversified business model that spans wealth management, capital markets, and banking, providing resilience across market cycles. Its strong advisor retention, consistent profitability, and long-term focus on organic growth further reinforce its competitive edge.

 

Despite its strengths, the stock has plunged 14.8% from its 52-week high of $174.32 touched on Jan 29. Moreover, over the past three months, RJF stock has grown 4.3%, underperforming the S&P 500 Index’s ($SPX7% uptick during the same time frame.

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RJF stock has declined 4.4% on a YTD basis, underperforming SPX’s 2.6% uptick in 2025. However, RJF has surged 28.4% over the past 52 weeks, significantly outperforming SPX’s 11.1% gains.

RJF has been trading above its 200-day and 50-day moving averages since early May, indicating a bullish trend.

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RJF stock grew marginally following the release of its Q2 earnings on Apr. 23. The company reported a 9% year-over-year increase in its net revenues, which amounted to $3.4 billion, mainly driven by a robust growth in all of its segments. Its adjusted net income for the quarter came in at $507 million. Moreover, RJF’s adjusted EPS amounted to $2.42 but failed to meet the consensus estimates marginally.

Within the asset management arena, rival Ameriprise Financial, Inc. (AMP) has underperformed RJF, surging 21% over the past year and declining 3.7% in 2025.

Among the 15 analysts covering the RJF stock, the consensus rating is a “Moderate Buy.” Its mean price target of $156.43 suggests a modest 5.3% upside potential from current price levels.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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