9 Red Days In A Row: Raymond James Financial Stock Is Down 9.6%
A lengthy losing streak for Raymond James Financial has drawn attention, but the underlying numbers tell a story of their own.
A nine-day slide in Raymond James Financial (RJF) stock has erased about $3.4 billion from the company’s market value. The stock has now moved lower for 9 consecutive trading days, shedding a cumulative 9.6% and leaving its market capitalization at about $32 billion.
For any investor holding the stock, such a persistent move forces a fresh look at the company’s standing. Raymond James Financial stock trades at about $163.77 a share as of 9/17/2026.
The Streak Next To The S&P 500
Here is how RJF stock stacks up against the S&P 500 over the streak and the periods around it:
| Return Period | RJF | S&P 500 |
|---|---|---|
| 1D | -0.5% | 1.1% |
| 9D (Current Streak) | -9.6% | -1.4% |
| 1M (21D) | -8.7% | -0.7% |
| 3M (63D) | 3.5% | 2.9% |
| YTD 2026 | 3.1% | 11.6% |
| 2025 | 4.7% | 16.4% |
| 2024 | 40.8% | 23.3% |
| 2023 | 6.1% | 24.2% |
What do the numbers say about this slide?
This streak is unusual in the current market. In fact, no other S&P 500 stock is currently on a losing streak of 9 days or more. The selling is also specific to the company, a trend independent of the broader market. While RJF fell, the S&P 500 returned -1.4% over the same 9 trading days. The sources for this note do not show why the recent move happened. On valuation, the company’s fundamentals do not stand out from its peers. RJF trades at a price-to-earnings multiple of 13.8, which is just below the median of 14.0 among S&P 500 Financials stocks.
A streak is a signal, not a command.
A long run of selling like this is information. It tells you that momentum is negative and that other market participants are paying attention. It is not, however, an instruction to sell, nor is it a sign that a rebound is imminent. The disciplined response is to use the new price as a reason to re-evaluate the business. The data here provides a starting point for that work, setting the stock’s valuation against its peers.
If the drop has you weighing an entry, resist buying on price alone. Our Buy the Dip screen ranks the marked-down names where growth and cash generation still hold up.
Those watching the group rather than this one name have another route: a U.S. broker-dealers & securities exchanges ETF like IAI holds the whole group, not the single stock. It is still a concentrated bet on that one theme, though, which is exactly the gap the portfolio below closes.
Weakness In One Name Should Be Noise, Not News
For a diversified holder, a streak like this is a data point. For a concentrated one, it is a hole in the plan. The difference is never the stock; it is the portfolio built around it.
Building that portfolio is what the Trefis High Quality (HQ) Portfolio does: roughly 30 businesses with the cash generation and balance-sheet strength to absorb a bad month, selected and rebalanced by rules. It has a track record of outpacing a benchmark that combines the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Make the next streak, in either direction, someone else’s drama.