With 2.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.24 million shares. The 52-week range on RJF shows that it touched its highest point at $174.32 and its lowest point at $104.24 during that stretch. It currently has a 1-year price target of $178.92. With its current market cap of 31.78 billion, RJF has annualized dividend of $1.85 while the current yield stands at 1.19%. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RJF was down-trending over the past week, with a drop of -3.74%, but this was down by -8.62% over a month. Three-month performance dropped to -3.49% while six-month performance rose 33.76%. The stock gained 30.87% in the past year, while it has lost -0.17% so far this year. A look at the trailing 12-month EPS for RJF yields 10.24 with Next year EPS estimates of 11.91. For the next quarter, that number is 2.54. This implies an EPS growth rate of 9.57% for this year and 8.17% for next year. EPS is expected to grow by 9.79% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.21%.
Float and Shares Shorts:
At present, 204.58 million RJF shares are outstanding with a float of 184.39 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RJF since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $9.60134 being high and $9.47173 being low. For RJF, this leads to a yearly average estimate of $9.52158. Based on analyst estimates, the high estimate for the next quarter is $2.8 and the low estimate is $2.5. The average estimate for the next quarter is thus $2.66.
