National Bank of Canada (TSE:NA) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts maintain a “Hold” consensus: Eight of 11 analysts rate National Bank of Canada a hold, while two recommend buying and one issues a strong buy. The average 12-month price target is C$211.62.
• Recent brokerages raised their price targets, with targets ranging from C$220 to C$238, although most maintained hold-equivalent ratings; the stock recently opened at C$218.34.
• The quarterly dividend increased to C$1.32 per share, or C$5.28 annually, representing a 2.4% yield and a 42.83% payout ratio. The bank also reported quarterly EPS of C$3.23 and revenue of C$3.91 billion.

National Bank of Canada (TSE:NA - Get Free Report) has received an average recommendation of "Hold" from the eleven analysts that are currently covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$211.62.

Several brokerages recently weighed in on NA. Barclays increased their target price on National Bank of Canada from C$188.00 to C$220.00 in a report on Friday. Scotiabank lifted their price target on National Bank of Canada from C$214.00 to C$222.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, June 16th. Canaccord Genuity Group boosted their price objective on National Bank of Canada from C$205.00 to C$224.00 and gave the company a "hold" rating in a research report on Tuesday, July 7th. Desjardins lowered National Bank of Canada from a "buy" rating to a "hold" rating and increased their price objective for the company from C$217.00 to C$238.00 in a research note on Wednesday, August 5th. Finally, TD increased their price objective on National Bank of Canada from C$202.00 to C$227.00 and gave the company a "hold" rating in a research note on Wednesday, August 12th.

National Bank of Canada Stock Up 0.7%

National Bank of Canada stock opened at C$218.34 on Friday. The firm has a fifty day simple moving average of C$225.50 and a two-hundred day simple moving average of C$203.56. National Bank of Canada has a twelve month low of C$141.46 and a twelve month high of C$237.13. The company has a market capitalization of C$84.09 billion, a PE ratio of 19.32, a P/E/G ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The firm had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. As a group, equities analysts expect that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

National Bank of Canada Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were issued a dividend of $1.32 per share. The ex-dividend date was Monday, June 29th. This represents a $5.28 dividend on an annualized basis and a yield of 2.4%. This is an increase from National Bank of Canada's previous quarterly dividend of $1.24. National Bank of Canada's dividend payout ratio (DPR) is currently 42.83%.

Insiders Place Their Bets

In other news, Director Yvon Charest purchased 191 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was acquired at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the transaction, the director directly owned 21,193 shares of the company's stock, valued at approximately C$4,942,419.53. This represents a 0.91% increase in their position. 0.21% of the stock is owned by insiders.

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the 'Bank') is one of Canada's six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange TSX: NA.

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