National Bank Financial Weighs in on TSE:LB FY2025 Earnings

Laurentian Bank of Canada (TSE:LB - Free Report) - Stock analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Laurentian Bank of Canada in a research note issued to investors on Thursday, May 15th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $3.17 for the year, down from their prior estimate of $3.24. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share. National Bank Financial also issued estimates for Laurentian Bank of Canada's FY2026 earnings at $3.80 EPS.

Several other equities research analysts have also recently commented on the stock. BMO Capital Markets lowered their price target on shares of Laurentian Bank of Canada from C$31.00 to C$30.00 in a research report on Monday, March 3rd. Scotiabank cut their price target on Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 20th. Raymond James decreased their price objective on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, March 3rd. Finally, Jefferies Financial Group cut their target price on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of C$27.63.

Laurentian Bank of Canada Trading Up 0.7%

Laurentian Bank of Canada stock traded up C$0.20 during mid-day trading on Monday, hitting C$27.97. The stock had a trading volume of 188,955 shares, compared to its average volume of 194,586. The stock has a 50-day simple moving average of C$26.90 and a two-hundred day simple moving average of C$27.80. The stock has a market capitalization of C$1.23 billion, a PE ratio of -223.08, a P/E/G ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a 12 month low of C$24.37 and a 12 month high of C$31.74.

Laurentian Bank of Canada Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Thursday, May 1st were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 6.72%. The ex-dividend date of this dividend was Tuesday, April 1st. Laurentian Bank of Canada's dividend payout ratio (DPR) is presently -1,499.45%.

About Laurentian Bank of Canada

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.