Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Raymond James Financial's Beta is 0.2788.
Raymond James Financial (FRA:RJF) Beta Explanation
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Raymond James Financial's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Raymond James Financial Beta vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Raymond James Financial's Beta distribution charts can be found below:
* The bar in red indicates where Raymond James Financial's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Raymond James Financial (FRA:RJF) has a Beta of 0.2788 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Raymond James Financial and its competitors.
Is Raymond James Financial's Beta too high?
Raymond James Financial's current Beta is 0.2788. Overall, Raymond James Financial has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Beta compare to ARES and NTRS?
Raymond James Financial's Beta of 0.2788 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Raymond James Financial and its competitors. Raymond James Financial's current Beta is 0.2788. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Based on GuruFocus' analysis, Raymond James Financial (FRA:RJF) is currently considered Fairly Valued. The stock's GF Value™ is €149.83, compared to a current price of €137.45 — trading 8.3% below its estimated fair value. The current Beta is 0.2788. Raymond James Financial's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Raymond James Financial (FRA:RJF), the current Beta is 0.2788 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Raymond James Financial (FRA:RJF) Overvalued in 2026?
Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued.
The current stock price of €137.45 is trading 8.3% below its estimated GF Value™ of €149.83.
GuruFocus considers Raymond James Financial to be Fairly Valued.
Key valuation signals for FRA:RJF:
Beta: 0.2788
GF Value™: €149.83 vs. price of €137.45 (8.3% below fair value)
No single metric tells the full story. See the FRA:RJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
80GF Score
Get the complete analysis for FRA:RJF
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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