FY2025 Earnings Estimate for RY Issued By Desjardins

Key Points

• Desjardins analysts have raised their FY2025 earnings estimate for Royal Bank of Canada to $10.19 per share, significantly above the consensus estimate of $9.16 per share.
• Royal Bank of Canada reported earnings of $2.79 per share for the most recent quarter, exceeding expectations and marking a 16.1% revenue increase year-over-year.
• Analyst ratings for Royal Bank of Canada vary widely, with one Strong Buy, four Buy, four Hold, and a recently downgraded Sell rating.

Royal Bank Of Canada (NYSE:RY - Free Report) TSE: RY - Desjardins upped their FY2025 earnings per share (EPS) estimates for shares of Royal Bank Of Canada in a research note issued on Wednesday, August 27th. Desjardins analyst D. Young now expects that the financial services provider will post earnings per share of $10.19 for the year, up from their previous forecast of $9.67. The consensus estimate for Royal Bank Of Canada's current full-year earnings is $9.16 per share. Desjardins also issued estimates for Royal Bank Of Canada's Q4 2025 earnings at $2.56 EPS and FY2026 earnings at $10.80 EPS.

RY has been the subject of a number of other research reports. Scotiabank reiterated an "outperform" rating on shares of Royal Bank Of Canada in a research note on Thursday. Cowen reiterated a "hold" rating on shares of Royal Bank Of Canada in a research note on Thursday. Barclays reiterated an "overweight" rating on shares of Royal Bank Of Canada in a report on Thursday, August 14th. National Bank Financial lowered Royal Bank Of Canada from an "outperform" rating to a "sector perform" rating in a research note on Friday, May 30th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Royal Bank Of Canada in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $177.50.

Royal Bank Of Canada Stock Down 0.3%

Shares of NYSE:RY traded down $0.43 during midday trading on Friday, hitting $145.42. The stock had a trading volume of 858,667 shares, compared to its average volume of 1,136,119. The company has a market cap of $204.35 billion, a P/E ratio of 15.36, a PEG ratio of 1.49 and a beta of 0.88. Royal Bank Of Canada has a 12 month low of $106.10 and a 12 month high of $147.64. The business's 50-day simple moving average is $133.28 and its 200-day simple moving average is $124.19. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.11.

Royal Bank Of Canada (NYSE:RY - Get Free Report) TSE: RY last released its earnings results on Wednesday, August 27th. The financial services provider reported $2.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.43. Royal Bank Of Canada had a return on equity of 16.12% and a net margin of 14.03%.The business had revenue of $12.26 billion for the quarter, compared to analyst estimates of $16.03 billion. During the same quarter in the prior year, the company posted $3.26 earnings per share. Royal Bank Of Canada's revenue was up 16.1% on a year-over-year basis.

Institutional Investors Weigh In On Royal Bank Of Canada

A number of large investors have recently modified their holdings of RY. Campbell & CO Investment Adviser LLC raised its stake in Royal Bank Of Canada by 1,187.6% during the first quarter. Campbell & CO Investment Adviser LLC now owns 25,740 shares of the financial services provider's stock worth $2,901,000 after acquiring an additional 23,741 shares in the last quarter. Baskin Financial Services Inc. increased its position in Royal Bank Of Canada by 5.0% during the 1st quarter. Baskin Financial Services Inc. now owns 62,855 shares of the financial services provider's stock valued at $7,079,000 after purchasing an additional 3,006 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Royal Bank Of Canada by 1.1% in the first quarter. Envestnet Asset Management Inc. now owns 341,776 shares of the financial services provider's stock valued at $38,525,000 after buying an additional 3,767 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Royal Bank Of Canada by 4.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 86,847 shares of the financial services provider's stock valued at $9,789,000 after purchasing an additional 3,358 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Royal Bank Of Canada by 4.4% during the 1st quarter. JPMorgan Chase & Co. now owns 6,458,212 shares of the financial services provider's stock worth $727,970,000 after buying an additional 271,531 shares during the period. Institutional investors and hedge funds own 45.31% of the company's stock.

About Royal Bank Of Canada

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.