Q2 Earnings Forecast for TSE:LB Issued By Cormark

Laurentian Bank of Canada (TSE:LB - Free Report) - Equities researchers at Cormark issued their Q2 2025 earnings per share (EPS) estimates for Laurentian Bank of Canada in a report released on Tuesday, May 20th. Cormark analyst L. Persaud forecasts that the company will post earnings of $0.65 per share for the quarter. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share.

A number of other equities research analysts have also recently issued reports on LB. Raymond James reduced their price objective on Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday, March 3rd. CIBC cut their price target on Laurentian Bank of Canada from C$31.00 to C$29.00 in a research note on Thursday. Scotiabank cut their price target on Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating for the company in a research note on Thursday, February 20th. Jefferies Financial Group cut their price target on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. Finally, BMO Capital Markets cut their price target on Laurentian Bank of Canada from C$31.00 to C$30.00 in a research note on Monday, March 3rd. Three research analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to MarketBeat, Laurentian Bank of Canada presently has a consensus rating of "Hold" and an average price target of C$27.13.

Laurentian Bank of Canada Stock Up 0.1%

Shares of TSE:LB opened at C$28.00 on Friday. Laurentian Bank of Canada has a 12-month low of C$24.37 and a 12-month high of C$31.74. The stock has a market cap of C$1.23 billion, a PE ratio of -223.32, a P/E/G ratio of 0.76 and a beta of 1.25. The business has a 50 day moving average of C$26.94 and a 200-day moving average of C$27.80.

Laurentian Bank of Canada Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, May 1st were given a dividend of $0.47 per share. The ex-dividend date was Tuesday, April 1st. This represents a $1.88 annualized dividend and a yield of 6.71%. Laurentian Bank of Canada's dividend payout ratio is currently -1,499.45%.

About Laurentian Bank of Canada

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.

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