National Bank Financial Downgrades Royal Bank of Canada (NYSE:RY) to Sector Perform

Royal Bank of Canada (NYSE:RY - Get Free Report) TSE: RY was downgraded by equities research analysts at National Bank Financial from an "outperform" rating to a "sector perform" rating in a report released on Friday, Marketbeat reports. National Bank Financial also issued estimates for Royal Bank of Canada's Q3 2025 earnings at $2.26 EPS and Q4 2025 earnings at $2.33 EPS.

Several other equities research analysts also recently weighed in on RY. Scotiabank started coverage on Royal Bank of Canada in a report on Thursday, May 15th. They set a "sector outperform" rating on the stock. Wall Street Zen upgraded shares of Royal Bank of Canada from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Cibc World Mkts raised shares of Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd. Finally, CIBC reiterated an "outperform" rating on shares of Royal Bank of Canada in a report on Tuesday, May 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Royal Bank of Canada presently has a consensus rating of "Moderate Buy" and an average target price of $156.50.

Royal Bank of Canada Stock Down 0.0%

Royal Bank of Canada stock traded down $0.03 during mid-day trading on Friday, reaching $127.84. 419,740 shares of the company's stock were exchanged, compared to its average volume of 1,316,894. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11. Royal Bank of Canada has a twelve month low of $102.44 and a twelve month high of $129.46. The company has a market cap of $180.82 billion, a P/E ratio of 15.48, a P/E/G ratio of 1.80 and a beta of 0.89. The company has a fifty day moving average of $119.03 and a 200-day moving average of $119.66.

Royal Bank of Canada (NYSE:RY - Get Free Report) TSE: RY last posted its quarterly earnings data on Thursday, May 29th. The financial services provider reported $2.20 earnings per share for the quarter, missing analysts' consensus estimates of $2.25 by ($0.05). The company had revenue of $11.38 billion for the quarter, compared to analysts' expectations of $15.77 billion. Royal Bank of Canada had a return on equity of 15.26% and a net margin of 12.08%. The firm's revenue was up 10.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.92 EPS. Sell-side analysts expect that Royal Bank of Canada will post 9.16 EPS for the current year.

Hedge Funds Weigh In On Royal Bank of Canada

Hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. raised its stake in shares of Royal Bank of Canada by 13.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 729 shares of the financial services provider's stock worth $82,000 after buying an additional 84 shares in the last quarter. Ruggaard & Associates LLC grew its holdings in Royal Bank of Canada by 1.8% during the fourth quarter. Ruggaard & Associates LLC now owns 4,685 shares of the financial services provider's stock worth $565,000 after acquiring an additional 85 shares during the period. Price T Rowe Associates Inc. MD raised its position in Royal Bank of Canada by 3.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,860 shares of the financial services provider's stock worth $345,000 after acquiring an additional 90 shares in the last quarter. Sivia Capital Partners LLC raised its position in Royal Bank of Canada by 2.8% in the first quarter. Sivia Capital Partners LLC now owns 3,350 shares of the financial services provider's stock worth $378,000 after acquiring an additional 91 shares in the last quarter. Finally, Csenge Advisory Group lifted its holdings in Royal Bank of Canada by 4.3% in the first quarter. Csenge Advisory Group now owns 2,197 shares of the financial services provider's stock valued at $255,000 after acquiring an additional 91 shares during the period. 45.31% of the stock is currently owned by hedge funds and other institutional investors.

Royal Bank of Canada Company Profile

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.