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Raymond James Financial, Inc. (RJF) is a leading player in the financial services sector with a market cap of $24.6 billion. Based in Saint Petersburg, Florida, the company serves individuals, corporations, and municipalities through its extensive network of subsidiaries.
Shares of Raymond James have underperformed the broader market over the past 52 weeks. RJF has rallied 15.1% over this time frame, while the broader S&P 500 Index ($SPX) has surged 27.7%. Meanwhile, in 2024, RJF stock gained 5.5%, compared to SPX’s nearly 18% rise on a YTD basis.