Raymond James Financial, Inc. is a diversified financial services company providing private client group (PCG), capital markets, asset management, banking and other services to individuals, corporations and municipalities. Co.'s PCG services include financial planning, investment advisory and securities transaction services, which are provided to clients through financial advisors. Its capital markets services include investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. We show 65 historical shares outstanding datapoints in our RJF shares outstanding history coverage, used to compute RJF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RJF market cap history over the course of time is important for investors
interested in comparing RJF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RJF versus a peer is one thing; comparing
RJF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RJF can fluctuate over the course of history.
With this page we aim to empower investors researching RJF by allowing them to research the RJF market cap history. |
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Video: The Importance of Market Cap
