Desjardins Cuts Earnings Estimates for Royal Bank of Canada

Royal Bank of Canada (NYSE:RY - Free Report) TSE: RY - Stock analysts at Desjardins cut their Q2 2025 EPS estimates for Royal Bank of Canada in a report released on Thursday, February 27th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $2.21 for the quarter, down from their previous estimate of $2.25. The consensus estimate for Royal Bank of Canada's current full-year earnings is $9.16 per share. Desjardins also issued estimates for Royal Bank of Canada's Q3 2025 earnings at $2.24 EPS, Q4 2025 earnings at $2.26 EPS and FY2025 earnings at $9.24 EPS.

Other equities research analysts have also issued research reports about the stock. Barclays upgraded shares of Royal Bank of Canada from an "equal weight" rating to an "overweight" rating in a report on Thursday, November 21st. StockNews.com upgraded shares of Royal Bank of Canada from a "sell" rating to a "hold" rating in a research report on Friday. BMO Capital Markets decreased their price target on shares of Royal Bank of Canada from $195.00 to $193.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Finally, TD Securities cut shares of Royal Bank of Canada from a "buy" rating to a "hold" rating in a research report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $156.50.

Royal Bank of Canada Stock Performance

RY opened at $118.17 on Monday. Royal Bank of Canada has a fifty-two week low of $95.84 and a fifty-two week high of $128.05. The stock has a market capitalization of $167.13 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 1.80 and a beta of 0.87. The company has a fifty day moving average of $120.14 and a 200 day moving average of $121.62. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86.

Royal Bank of Canada Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be issued a dividend of $1.0251 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a $4.10 annualized dividend and a dividend yield of 3.47%. Royal Bank of Canada's payout ratio is currently 45.73%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Private Advisor Group LLC grew its position in Royal Bank of Canada by 1.6% in the third quarter. Private Advisor Group LLC now owns 6,160 shares of the financial services provider's stock valued at $768,000 after acquiring an additional 95 shares in the last quarter. US Bancorp DE increased its holdings in shares of Royal Bank of Canada by 0.3% during the third quarter. US Bancorp DE now owns 86,594 shares of the financial services provider's stock valued at $10,801,000 after purchasing an additional 250 shares during the period. Farther Finance Advisors LLC grew its holdings in Royal Bank of Canada by 42.0% during the third quarter. Farther Finance Advisors LLC now owns 8,907 shares of the financial services provider's stock worth $1,111,000 after acquiring an additional 2,636 shares during the period. Pembroke Management LTD increased its stake in Royal Bank of Canada by 3.8% in the 3rd quarter. Pembroke Management LTD now owns 10,492 shares of the financial services provider's stock worth $1,309,000 after purchasing an additional 384 shares in the last quarter. Finally, PDS Planning Inc boosted its position in Royal Bank of Canada by 4.8% during the 3rd quarter. PDS Planning Inc now owns 3,875 shares of the financial services provider's stock worth $483,000 after acquiring an additional 176 shares during the period. 45.31% of the stock is currently owned by hedge funds and other institutional investors.

About Royal Bank of Canada

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses.

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