National Bank Financial Forecasts TSE:RY Q3 Earnings

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Equities researchers at National Bank Financial dropped their Q3 2025 earnings per share (EPS) estimates for Royal Bank of Canada in a research report issued to clients and investors on Thursday, May 29th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings per share of $3.14 for the quarter, down from their previous forecast of $3.19. National Bank Financial currently has a "Sector Perform" rating on the stock. 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 Q4 2025 earnings at $3.24 EPS, FY2025 earnings at $13.13 EPS and FY2026 earnings at $13.91 EPS.

A number of other analysts have also recently issued reports on the stock. Jefferies Financial Group reduced their target price on shares of Royal Bank of Canada from C$195.00 to C$180.00 in a research note on Monday, April 21st. Cormark reduced their target price on shares of Royal Bank of Canada from C$194.00 to C$189.00 in a research note on Friday, February 28th. Scotiabank raised shares of Royal Bank of Canada to a "strong-buy" rating in a research note on Thursday, May 15th. TD Securities reduced their price objective on shares of Royal Bank of Canada from C$180.00 to C$178.00 and set a "hold" rating for the company in a research note on Friday, February 28th. Finally, Cibc World Mkts raised shares of Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and five have assigned a strong buy rating to the company. Based on data from MarketBeat, Royal Bank of Canada has an average rating of "Buy" and a consensus price target of C$181.08.

Royal Bank of Canada Stock Performance

Shares of Royal Bank of Canada stock traded down C$0.77 during trading on Monday, hitting C$173.48. 2,747,351 shares of the stock traded hands, compared to its average volume of 4,803,073. The stock has a market cap of C$245.47 billion, a P/E ratio of 15.12, a PEG ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a twelve month low of C$140.53 and a twelve month high of C$180.45. The company has a fifty day moving average price of C$166.47 and a two-hundred day moving average price of C$169.57.

Insiders Place Their Bets

In other news, Senior Officer Graeme Ashley Hepworth sold 308 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of C$174.06, for a total transaction of C$53,611.16. Also, Senior Officer Jennifer Kristine Publicover sold 401 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of C$160.27, for a total value of C$64,266.71. Following the transaction, the insider now owns 152 shares of the company's stock, valued at approximately C$24,360.45. This trade represents a 72.51% decrease in their ownership of the stock. Insiders sold a total of 62,330 shares of company stock valued at $10,312,755 in the last quarter.

Royal Bank of Canada Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Thursday, July 24th will be given a dividend of $1.54 per share. This is a positive change from Royal Bank of Canada's previous quarterly dividend of $1.48. This represents a $6.16 dividend on an annualized basis and a yield of 3.55%. Royal Bank of Canada's payout ratio is currently 49.49%.

Royal Bank of Canada Company Profile

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S.