Raymond James Financial Surges to 497th in Trading Volume with $209 Million Turnover

On July 16, 2025, Raymond James Financial (RJF) saw a significant increase in trading volume, with a turnover of $209 million, marking a 47.41% rise from the previous day. This surge placed RJF at the 497th position in terms of trading volume for the day. Meanwhile, RJF's stock price experienced a slight decline, falling by 0.08% over the past two days, resulting in a cumulative decrease of 1.98%.

Raymond James Financial is scheduled to release its financial results for the third fiscal quarter of 2025 after the market closes on Wednesday, July 23, 2025. This announcement is anticipated to provide insights into the company's performance and may influence investor sentiment.

Raymond James Financial reported strong financial results with quarterly net revenues of $3.4 billion and pre-tax income of $671 million. The firm's quarterly revenue increased by 9.0% compared to the same quarter last year, indicating robust growth and operational efficiency. Additionally, the company had a return on equity of 19.31% and a net margin of 13.99%, reflecting its profitability and effective use of capital.

Morgan Stanley has lifted the target price for Raymond James Financial, acknowledging the company's strong financial performance. This adjustment suggests a positive outlook for the stock and may attract more investor interest.