What is Desjardins' Forecast for TSE:RY Q1 Earnings?

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Desjardins issued their Q1 2025 earnings estimates for shares of Royal Bank of Canada in a note issued to investors on Wednesday, December 4th. Desjardins analyst D. Young anticipates that the financial services provider will post earnings per share of $3.22 for the quarter. The consensus estimate for Royal Bank of Canada's current full-year earnings is $12.35 per share. Desjardins also issued estimates for Royal Bank of Canada's Q2 2025 earnings at $3.17 EPS, Q3 2025 earnings at $3.27 EPS, FY2025 earnings at $12.95 EPS and FY2026 earnings at $14.00 EPS.

A number of other equities analysts have also recently issued reports on the company. Barclays upgraded Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 21st. Bank of America lifted their price target on shares of Royal Bank of Canada from C$162.00 to C$180.00 in a research note on Thursday, August 29th. CIBC raised their price objective on Royal Bank of Canada from C$167.00 to C$176.00 in a report on Tuesday, November 26th. TD Securities cut Royal Bank of Canada from a "buy" rating to a "hold" rating and increased their price target for the company from C$178.00 to C$180.00 in a research report on Friday, November 15th. Finally, BMO Capital Markets dropped their price objective on Royal Bank of Canada from C$195.00 to C$193.00 in a research note on Thursday. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of C$176.58.

Royal Bank of Canada Stock Down 0.7 %

Shares of TSE:RY traded down C$1.30 during midday trading on Friday, reaching C$178.27. 2,448,700 shares of the company were exchanged, compared to its average volume of 4,789,774. The firm has a market cap of C$251.36 billion, a PE ratio of 15.79, a P/E/G ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a fifty-two week low of C$123.44 and a fifty-two week high of C$180.45. The stock has a fifty day simple moving average of C$171.64 and a two-hundred day simple moving average of C$158.94.

Royal Bank of Canada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.32%. This is a boost from Royal Bank of Canada's previous quarterly dividend of $1.42. Royal Bank of Canada's dividend payout ratio (DPR) is currently 50.31%.

Insider Buying and Selling

In other news, Senior Officer Douglas Antony Guzman sold 10,270 shares of Royal Bank of Canada stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$166.20, for a total transaction of C$1,706,874.00. Following the completion of the sale, the insider now owns 25 shares of the company's stock, valued at approximately C$4,155. This trade represents a 99.76 % decrease in their ownership of the stock. In the last 90 days, insiders sold 44,918 shares of company stock valued at $7,518,149.

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.