Q1 EPS Estimates for RY Reduced by National Bank Financial

Royal Bank of Canada (NYSE:RY - Free Report) TSE: RY - Research analysts at National Bank Financial dropped their Q1 2025 earnings per share (EPS) estimates for shares of Royal Bank of Canada in a report issued on Monday, February 17th. National Bank Financial analyst G. Dechaine now expects that the financial services provider will earn $2.30 per share for the quarter, down from their previous forecast of $2.33. The consensus estimate for Royal Bank of Canada's current full-year earnings is $9.16 per share. National Bank Financial also issued estimates for Royal Bank of Canada's Q2 2025 earnings at $2.24 EPS, Q3 2025 earnings at $2.33 EPS, Q4 2025 earnings at $2.35 EPS and FY2025 earnings at $9.22 EPS.

Other research analysts also recently issued reports about the company. Barclays upgraded Royal Bank of Canada from an "equal weight" rating to an "overweight" rating in a research note on Thursday, November 21st. TD Securities lowered shares of Royal Bank of Canada from a "buy" rating to a "hold" rating in a research report on Friday, November 15th. BMO Capital Markets cut their target price on Royal Bank of Canada from $195.00 to $193.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Finally, StockNews.com lowered Royal Bank of Canada from a "hold" rating to a "sell" rating in a research report on Wednesday, January 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Royal Bank of Canada currently has an average rating of "Moderate Buy" and a consensus target price of $156.50.

Royal Bank of Canada Stock Performance

RY traded down $0.74 during midday trading on Wednesday, reaching $118.92. The company had a trading volume of 2,169,987 shares, compared to its average volume of 1,258,011. The business has a 50-day moving average of $120.50 and a two-hundred day moving average of $121.11. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11. Royal Bank of Canada has a 1 year low of $95.84 and a 1 year high of $128.05. The company has a market cap of $168.20 billion, a P/E ratio of 14.40, a P/E/G ratio of 1.81 and a beta of 0.87.

Royal Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, January 27th will be paid a $1.0522 dividend. This is a positive change from Royal Bank of Canada's previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, January 27th. This represents a $4.21 dividend on an annualized basis and a yield of 3.54%. Royal Bank of Canada's dividend payout ratio (DPR) is presently 49.76%.

Institutional Investors Weigh In On Royal Bank of Canada

Several large investors have recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new stake in shares of Royal Bank of Canada in the 3rd quarter worth $25,000. Dunhill Financial LLC acquired a new position in shares of Royal Bank of Canada during the third quarter worth $25,000. Larson Financial Group LLC purchased a new stake in Royal Bank of Canada in the third quarter valued at about $26,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Royal Bank of Canada by 110.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 118 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of Royal Bank of Canada in the fourth quarter worth $29,000. 45.31% of the stock is 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.