National Bank Financial Comments on TSE:RY FY2025 Earnings

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Stock analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for Royal Bank of Canada in a research note issued on Sunday, April 6th. National Bank Financial analyst G. Dechaine now expects that the financial services provider will earn $13.35 per share for the year, down from their prior forecast of $13.74. The consensus estimate for Royal Bank of Canada's current full-year earnings is $12.35 per share. National Bank Financial also issued estimates for Royal Bank of Canada's FY2026 earnings at $14.07 EPS.

Other equities research analysts have also issued reports about the company. UBS Group increased their price target on Royal Bank of Canada from C$192.00 to C$198.00 in a research report on Friday, March 7th. Cibc World Mkts upgraded Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. Cormark cut their price target on Royal Bank of Canada from C$194.00 to C$189.00 in a report on Friday, February 28th. Jefferies Financial Group decreased their price objective on shares of Royal Bank of Canada from C$197.00 to C$192.00 in a report on Tuesday, February 18th. Finally, Scotiabank dropped their target price on shares of Royal Bank of Canada from C$197.00 to C$191.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, Royal Bank of Canada presently has an average rating of "Buy" and an average price target of C$181.00.

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Royal Bank of Canada Stock Performance

Royal Bank of Canada stock traded up C$3.68 during trading hours on Wednesday, hitting C$157.28. 5,002,145 shares of the stock were exchanged, compared to its average volume of 4,453,790. Royal Bank of Canada has a 12 month low of C$131.57 and a 12 month high of C$180.45. The business's 50-day moving average is C$164.45 and its two-hundred day moving average is C$169.91. The stock has a market capitalization of C$222.55 billion, a P/E ratio of 13.70, a P/E/G ratio of 3.42 and a beta of 0.84.

Insider Activity

In other news, Director David Ian Mckay sold 20,304 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of C$169.67, for a total value of C$3,444,896.43. Also, Senior Officer Graeme Ashley Hepworth sold 308 shares of the company's stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$161.89, for a total transaction of C$49,862.12. Insiders have sold a total of 61,836 shares of company stock valued at $10,443,690 in the last 90 days.

Royal Bank of Canada Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 23rd will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend is Thursday, April 24th. Royal Bank of Canada's payout ratio is 49.49%.

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.