Desjardins Issues Pessimistic Forecast for TSE:NA Earnings

National Bank of Canada (TSE:NA - Free Report) - Stock analysts at Desjardins reduced their Q3 2025 earnings estimates for National Bank of Canada in a research note issued to investors on Wednesday, May 28th. Desjardins analyst D. Young now expects that the financial services provider will earn $2.45 per share for the quarter, down from their prior estimate of $2.60. Desjardins currently has a "Hold" rating and a $136.00 target price on the stock. The consensus estimate for National Bank of Canada's current full-year earnings is $10.84 per share.

Several other research analysts have also recently issued reports on NA. Cormark cut their target price on shares of National Bank of Canada from C$139.00 to C$137.00 in a report on Thursday, February 27th. TD Securities cut their target price on shares of National Bank of Canada from C$135.00 to C$131.00 and set a "hold" rating on the stock in a report on Wednesday, March 5th. CIBC lifted their price target on shares of National Bank of Canada from C$115.00 to C$125.00 in a report on Thursday, May 22nd. Royal Bank of Canada cut their price target on shares of National Bank of Canada from C$145.00 to C$144.00 and set a "sector perform" rating on the stock in a report on Thursday, February 27th. Finally, Cibc World Mkts cut shares of National Bank of Canada from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of C$134.10.

National Bank of Canada Price Performance

TSE NA traded up C$1.37 on Friday, reaching C$134.94. 2,973,810 shares of the company's stock traded hands, compared to its average volume of 1,915,980. National Bank of Canada has a 12 month low of C$105.43 and a 12 month high of C$141.15. The stock has a 50-day simple moving average of C$121.00 and a 200 day simple moving average of C$126.02. The stock has a market cap of C$52.61 billion, a PE ratio of 11.97, a P/E/G ratio of 7.14 and a beta of 1.12.

Insider Buying and Selling

In other National Bank of Canada news, Director Macky Tall bought 4,182 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of C$119.14 per share, with a total value of C$498,243.48. Also, Director Yvon Charest bought 362 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was acquired at an average cost of C$127.93 per share, with a total value of C$46,310.66. Insiders have bought a total of 7,691 shares of company stock worth $912,137 in the last quarter. Corporate insiders own 0.21% of the company's stock.

National Bank of Canada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Monday, June 30th will be paid a $1.18 dividend. This is a boost from National Bank of Canada's previous quarterly dividend of $1.14. This represents a $4.72 dividend on an annualized basis and a yield of 3.50%. National Bank of Canada's payout ratio is presently 39.03%.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.