Desjardins Analysts Decrease Earnings Estimates for TSE:RY

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Equities researchers at Desjardins lowered their Q3 2025 earnings per share (EPS) estimates for Royal Bank of Canada in a research report issued on Thursday, May 29th. Desjardins analyst D. Young now expects that the financial services provider will post earnings per share of $3.12 for the quarter, down from their prior forecast of $3.20. 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 Q4 2025 earnings at $3.18 EPS.

Several other equities analysts have also recently weighed in on the stock. Scotiabank raised shares of Royal Bank of Canada to a "strong-buy" rating in a research note on Thursday, May 15th. UBS Group reduced their price target on Royal Bank of Canada from C$198.00 to C$196.00 in a report on Thursday, May 22nd. Cormark reduced their price target on Royal Bank of Canada from C$194.00 to C$189.00 in a report on Friday, February 28th. Jefferies Financial Group reduced their price target on Royal Bank of Canada from C$195.00 to C$180.00 in a report on Monday, April 21st. Finally, CIBC lifted their target price on Royal Bank of Canada from C$182.00 to C$183.00 and gave the stock an "outperform" rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and five have given a strong buy rating to the company. Based on data from MarketBeat, Royal Bank of Canada presently has an average rating of "Buy" and a consensus target price of C$181.08.

Royal Bank of Canada Price Performance

RY stock traded down C$0.77 during mid-day trading on Monday, reaching C$173.48. The company had a trading volume of 2,747,351 shares, compared to its average volume of 4,803,073. The stock has a 50 day simple moving average of C$166.47 and a two-hundred day simple moving average of C$169.57. The company has a market capitalization of C$245.47 billion, a price-to-earnings ratio of 15.12, a PEG ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a 52 week low of C$140.53 and a 52 week high of C$180.45.

Royal Bank of Canada Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Thursday, July 24th will be issued a dividend of $1.54 per share. This represents a $6.16 dividend on an annualized basis and a dividend yield of 3.55%. This is a boost from Royal Bank of Canada's previous quarterly dividend of $1.48. Royal Bank of Canada's payout ratio is currently 49.49%.

Insider Transactions at Royal Bank of Canada

In other Royal Bank of Canada news, Senior Officer Graeme Ashley Hepworth sold 308 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of C$161.89, for a total value of C$49,862.12. Also, Senior Officer Jennifer Kristine Publicover sold 401 shares of the business's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of C$160.27, for a total transaction of C$64,266.71. Following the completion of the sale, the insider now directly owns 152 shares of the company's stock, valued at C$24,360.45. This represents a 72.51% decrease in their position. Insiders sold a total of 62,330 shares of company stock worth $10,312,755 over the last quarter.

About Royal Bank of Canada

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S.