National Bank of Canada (TSE:NA) Stock Breaks Above 50-Day Moving Average - Should You Sell?

Key Points

• National Bank of Canada shares rose above their 50-day moving average of C$209.52, trading near C$209.95, while the 200-day average stands at C$201.83.
• Analyst views remain mixed: three analysts rate the stock a Buy and eight a Hold, resulting in a consensus Hold rating and an average price target of C$218.50.
• The bank declared a quarterly dividend of C$1.32, equivalent to C$5.28 annually and a 2.5% yield; its payout ratio is 41.64%. Director Yvon Charest also purchased 191 shares.

National Bank of Canada (TSE:NA - Get Free Report) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$209.52 and traded as high as C$210.24. National Bank of Canada shares last traded at C$209.95, with a volume of 2,768,970 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Scotiabank raised their price target on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the stock a "sector outperform" rating in a research note on Thursday, August 27th. Barclays lifted their price objective on shares of National Bank of Canada from C$188.00 to C$220.00 in a report on Friday, August 21st. Raymond James Financial cut their price objective on shares of National Bank of Canada from C$226.50 to C$223.00 and set a "market perform" rating on the stock in a research report on Thursday, August 27th. Royal Bank Of Canada increased their target price on shares of National Bank of Canada from C$214.00 to C$224.00 and gave the stock a "sector perform" rating in a report on Thursday, August 27th. Finally, Canaccord Genuity Group increased their target price on shares of National Bank of Canada from C$224.00 to C$228.00 in a report on Thursday, September 3rd. Three equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$218.50.

National Bank of Canada Price Performance

The firm has a market cap of C$80.38 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 7.14 and a beta of 1.28. The business has a 50-day moving average of C$209.52 and a 200-day moving average of C$201.83.

National Bank of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 1st. Shareholders of record on Sunday, November 1st will be paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, September 28th. National Bank of Canada's dividend payout ratio (DPR) is currently 41.64%.

Insider Buying and Selling at National Bank of Canada

In related news, Director Yvon Charest purchased 191 shares of the stock in a transaction on Tuesday, August 18th. The shares were purchased 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 C$4,942,419.53. This trade represents a 0.91% increase in their ownership of the stock. 0.21% of the stock is owned by company insiders.

National Bank of Canada Company Profile

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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