Raymond James Financial Inc. (NYSE:RJF) has been experiencing a range of activities recently. The company's stocks recently underperformed compared to competitors, sparking concerns among investors. The company, however, remains a standout among big cap stocks. A $100 investment in Raymond James 5 years ago, would have significantly increased in worth today. Several investment firms such as
Allspring Global Investments HoldingsLLC and
Norden Group LLC have recently bought and sold considerable amounts of shares. There has been positive growth for RJF underpinning its
share price. Notably, the firm's Q2 2024 earnings were reportedly less than expectations even as its revenues rise year over year. Furthermore, the
institutional ownership for Raymond James sits at an impressive 76%. Its
dividend performance and sustainability continue to attract investors for its potential long-term value. In the meantime, recent executive changes are taking place at the firm which will see the introduction of a new CEO, and the retirement of some executives. Despite some turbulence, Raymond James remains bullish.
Raymond James Financial RJF News Analytics from Tue, 26 Mar 2013 07:00:00 GMT to Sun, 07 Jul 2024 10:00:06 GMT -
Rating 4
- Innovation -5
- Information 7
- Rumor -1
