Desjardins Cuts Earnings Estimates for Royal Bank of Canada

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Research analysts at Desjardins lowered their Q2 2025 earnings per share (EPS) estimates for shares of Royal Bank of Canada in a note issued to investors on Thursday, February 27th. Desjardins analyst D. Young now expects that the financial services provider will earn $3.15 per share for the quarter, down from their previous forecast of $3.17. 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 Q3 2025 earnings at $3.20 EPS, Q4 2025 earnings at $3.23 EPS and FY2025 earnings at $13.20 EPS.

RY has been the topic of several other reports. Jefferies Financial Group decreased their price target on shares of Royal Bank of Canada from C$197.00 to C$192.00 in a research report on Tuesday, February 18th. Scotiabank decreased their target price on Royal Bank of Canada from C$197.00 to C$191.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Barclays raised Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 21st. National Bankshares lifted their price objective on Royal Bank of Canada from C$181.00 to C$188.00 in a report on Thursday, December 5th. Finally, Cormark lowered their price objective on Royal Bank of Canada from C$194.00 to C$189.00 in a research report on Friday. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$181.83.

Royal Bank of Canada Stock Down 0.8 %

Shares of RY stock traded down C$1.42 during trading hours on Monday, reaching C$169.56. 3,371,113 shares of the company's stock were exchanged, compared to its average volume of 4,546,480. The stock has a market capitalization of C$239.93 billion, a P/E ratio of 14.77, 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$131.30 and a fifty-two week high of C$180.45. The business has a fifty day moving average price of C$172.44 and a 200-day moving average price of C$169.84.

Insider Activity

In other news, Senior Officer Douglas Antony Guzman sold 1,538 shares of Royal Bank of Canada stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of C$177.09, for a total value of C$272,363.80. Following the completion of the transaction, the insider now owns 25 shares in the company, valued at approximately C$4,427.24. The trade was a 98.40 % decrease in their ownership of the stock. Also, Director David Ian Mckay sold 20,304 shares of the business's stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of C$175.12, for a total value of C$3,555,721.76. In the last quarter, insiders have sold 42,762 shares of company stock worth $7,379,177.

Royal Bank of Canada Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.49%. Royal Bank of Canada's payout ratio is presently 49.49%.

Royal Bank of Canada Company Profile

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.