TSE:RY Q2 EPS Forecast Lifted by National Bank Financial

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Investment analysts at National Bank Financial raised their Q2 2025 earnings per share estimates for Royal Bank of Canada in a report released on Thursday, February 27th. National Bank Financial analyst G. Dechaine now expects that the financial services provider will post earnings of $3.29 per share for the quarter, up from their previous forecast of $3.20. 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 Q3 2025 earnings at $3.41 EPS, Q4 2025 earnings at $3.41 EPS, FY2025 earnings at $13.74 EPS and FY2026 earnings at $14.89 EPS.

A number of other research analysts have also issued reports on RY. Jefferies Financial Group lowered their target price on Royal Bank of Canada from C$197.00 to C$192.00 in a report on Tuesday, February 18th. BMO Capital Markets lowered their price objective on shares of Royal Bank of Canada from C$195.00 to C$193.00 in a research note on Thursday, December 5th. Scotiabank cut 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. Cormark reduced their target price on shares of Royal Bank of Canada from C$194.00 to C$189.00 in a report on Friday. Finally, Canaccord Genuity Group upped their price target on Royal Bank of Canada from C$188.00 to C$191.00 in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$181.83.

Royal Bank of Canada Price Performance

Shares of RY traded down C$1.42 during midday trading on Monday, reaching C$169.56. The stock had a trading volume of 3,371,113 shares, compared to its average volume of 4,546,480. The company 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. The firm's 50 day moving average price is C$172.44 and its 200-day moving average price is C$169.84. Royal Bank of Canada has a 52 week low of C$131.30 and a 52 week high of C$180.45.

Insider Buying and Selling

In related news, Senior Officer Douglas Antony Guzman sold 1,538 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of C$177.09, for a total transaction of C$272,363.80. Following the completion of the sale, the insider now directly owns 25 shares in the company, valued at approximately C$4,427.24. This trade represents a 98.40 % decrease in their ownership of the stock. Also, Senior Officer Graeme Ashley Hepworth sold 308 shares of the business's stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of C$175.12, for a total value of C$53,938.25. In the last ninety days, insiders sold 42,762 shares of company stock valued at $7,379,177.

Royal Bank of Canada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 3.49%. Royal Bank of Canada's payout ratio is 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.