Desjardins Issues Positive Outlook for TSE:RY Earnings

Key Points

• Desjardins analysts raised their Q3 2025 earnings per share estimate for the Royal Bank of Canada to $3.28, up from $3.12, while maintaining a "Buy" rating with a price objective of $193.00.
• The bank recently announced an increase in its quarterly dividend to $1.54 per share, up from $1.48, resulting in an annual yield of 3.3%.
• Royal Bank of Canada's stock has a consensus rating of "Buy" with a price target of C$189.54, amidst recent recommendations from multiple brokerages.

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Equities research analysts at Desjardins upped their Q3 2025 earnings per share estimates for shares of Royal Bank of Canada in a research report issued to clients and investors on Tuesday, August 12th. Desjardins analyst D. Young now anticipates that the financial services provider will post earnings of $3.28 per share for the quarter, up from their previous forecast of $3.12. Desjardins has a "Buy" rating and a $193.00 price objective on the stock. The consensus estimate for Royal Bank of Canada's current full-year earnings is $12.35 per share.

Several other brokerages have also recently issued reports on RY. Barclays lifted their price objective on Royal Bank of Canada from C$182.00 to C$190.00 and gave the company an "overweight" rating in a research note on Thursday. Scotiabank upgraded Royal Bank of Canada to a "strong-buy" rating in a research note on Thursday, May 15th. Canaccord Genuity Group set a C$194.00 price objective on Royal Bank of Canada and gave the company a "buy" rating in a research note on Tuesday, June 24th. National Bankshares set a C$179.00 price objective on Royal Bank of Canada and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, National Bank Financial cut Royal Bank of Canada from an "outperform" rating to a "sector perform" rating in a research note on Thursday, May 29th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$189.54.

Royal Bank of Canada Stock Performance

Shares of RY opened at C$188.61 on Friday. The stock has a 50-day simple moving average of C$179.19 and a 200-day simple moving average of C$171.21. The stock has a market capitalization of C$266.88 billion, a PE ratio of 16.43, a PEG ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a 1 year low of C$151.25 and a 1 year high of C$188.63.

Insider Buying and Selling at Royal Bank of Canada

In other Royal Bank of Canada news, Senior Officer Jennifer Kristine Publicover sold 401 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of C$182.30, for a total value of C$73,102.98. Following the completion of the sale, the insider owned 152 shares in the company, valued at approximately C$27,709.86. The trade was a 72.51% 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 Tuesday, July 22nd. The shares were sold at an average price of C$182.30, for a total value of C$3,701,453.72. Over the last quarter, insiders sold 63,039 shares of company stock worth $11,175,413.

Royal Bank of Canada Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 22nd will be paid a $1.54 dividend. This is an increase from Royal Bank of Canada's previous quarterly dividend of $1.48. This represents a $6.16 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Thursday, July 24th. Royal Bank of Canada's dividend payout ratio (DPR) is presently 49.49%.

Royal Bank of Canada Company Profile

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.

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