National Bank Financial Estimates TSE:RY FY2025 Earnings

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for shares of Royal Bank of Canada in a research note issued to investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $13.35 for the year, down from their previous estimate of $13.74. The consensus estimate for Royal Bank of Canada's current full-year earnings is $12.35 per share. National Bank Financial also issued estimates for Royal Bank of Canada's FY2026 earnings at $14.07 EPS.

Several other research analysts have also recently commented on RY. TD Securities lowered their target price on shares of Royal Bank of Canada from C$180.00 to C$178.00 and set a "hold" rating on the stock in a report on Friday, February 28th. UBS Group raised their price objective on Royal Bank of Canada from C$192.00 to C$198.00 in a research note on Friday, March 7th. CIBC upgraded Royal Bank of Canada from a "neutral" rating to an "outperform" rating and upped their target price for the company from C$167.00 to C$168.00 in a research report on Friday, April 4th. National Bankshares reduced their target price on Royal Bank of Canada from C$190.00 to C$179.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. Finally, Jefferies Financial Group cut their price objective on shares of Royal Bank of Canada from C$197.00 to C$192.00 in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of C$181.00.

Royal Bank of Canada Stock Performance

Shares of RY stock traded up C$1.27 on Wednesday, hitting C$158.55. The company's stock had a trading volume of 733,390 shares, compared to its average volume of 4,401,244. Royal Bank of Canada has a fifty-two week low of C$131.57 and a fifty-two week high of C$180.45. The company has a market capitalization of C$224.35 billion, a PE ratio of 13.82, a PEG ratio of 3.42 and a beta of 0.84. The stock's 50 day moving average is C$164.45 and its 200-day moving average is C$169.94.

Insider Activity at Royal Bank of Canada

In other news, Senior Officer Graeme Ashley Hepworth sold 308 shares of the firm's stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$161.89, for a total transaction of C$49,862.12. Also, Director David Ian Mckay sold 20,304 shares of the business's stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of C$175.12, for a total transaction of C$3,555,721.76. Insiders sold a total of 61,836 shares of company stock valued at $10,443,690 in the last quarter.

Royal Bank of Canada Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 23rd will be given a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, April 24th. Royal Bank of Canada's dividend payout ratio is 49.49%.

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.