Desjardins Has Positive Outlook of TSE:NA FY2025 Earnings

National Bank of Canada (TSE:NA - Free Report) - Desjardins upped their FY2025 earnings estimates for National Bank of Canada in a research report issued on Wednesday, May 28th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings of $10.85 per share for the year, up from their prior forecast of $10.50. Desjardins has a "Hold" rating and a $136.00 price objective on the stock. The consensus estimate for National Bank of Canada's current full-year earnings is $10.84 per share. Desjardins also issued estimates for National Bank of Canada's Q4 2025 earnings at $2.62 EPS.

NA has been the subject of several other research reports. Scotiabank raised National Bank of Canada to a "strong-buy" rating in a research report on Thursday, May 15th. TD Securities reduced their price objective on National Bank of Canada from C$135.00 to C$131.00 and set a "hold" rating for the company in a research report on Wednesday, March 5th. Jefferies Financial Group downgraded shares of National Bank of Canada from a "buy" rating to a "hold" rating and lowered their price objective for the stock from C$147.00 to C$126.00 in a research note on Monday, April 21st. Cibc World Mkts cut shares of National Bank of Canada from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th. Finally, Royal Bank of Canada decreased 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 research report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of C$134.10.

National Bank of Canada Trading Down 1.1%

National Bank of Canada stock traded down C$1.48 during trading hours on Monday, reaching C$133.59. 1,340,387 shares of the company were exchanged, compared to its average volume of 1,933,647. The firm has a market cap of C$52.08 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 7.14 and a beta of 1.12. The stock has a 50-day moving average of C$121.00 and a 200 day moving average of C$125.93. National Bank of Canada has a 12 month low of C$105.43 and a 12 month high of C$141.15.

Insider Transactions at National Bank of Canada

In other National Bank of Canada news, Director Lynn Loewen bought 1,000 shares of National Bank of Canada stock in a transaction dated Monday, March 17th. The shares were acquired at an average cost of C$117.93 per share, with a total value of C$117,930.00. Also, Director Yvon Charest bought 362 shares of National Bank of Canada stock in a transaction dated Tuesday, May 20th. The stock was acquired at an average cost of C$127.93 per share, for a total transaction of C$46,310.66. In the last quarter, insiders have bought 3,509 shares of company stock valued at $413,894. 0.21% of the stock is owned by insiders.

National Bank of Canada Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be issued a $1.18 dividend. This is a positive change from National Bank of Canada's previous quarterly dividend of $1.14. This represents a $4.72 annualized dividend and a dividend yield of 3.53%. National Bank of Canada's dividend 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.