Q3 EPS Forecast for Royal Bank of Canada Lowered by Analyst

Royal Bank of Canada (NYSE:RY - Free Report) TSE: RY - Equities research analysts at National Bank Financial cut their Q3 2025 earnings estimates for shares of Royal Bank of Canada in a research report issued to clients and investors on Thursday, May 29th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $2.26 for the quarter, down from their prior forecast of $2.30. National Bank Financial has a "Sector Perform" rating on the stock. The consensus estimate for Royal Bank of Canada's current full-year earnings is $9.16 per share. National Bank Financial also issued estimates for Royal Bank of Canada's Q4 2025 earnings at $2.33 EPS.

Royal Bank of Canada (NYSE:RY - Get Free Report) TSE: RY last announced its quarterly earnings results on Thursday, May 29th. The financial services provider reported $2.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.25 by ($0.05). Royal Bank of Canada had a net margin of 12.08% and a return on equity of 15.26%. The company had revenue of $11.38 billion during the quarter, compared to the consensus estimate of $15.77 billion. During the same quarter in the prior year, the firm posted $2.92 earnings per share. The business's revenue was up 10.7% on a year-over-year basis.

Several other equities analysts have also recently weighed in on the company. Scotiabank assumed coverage on Royal Bank of Canada in a report on Thursday, May 15th. They set a "sector outperform" rating for the company. CIBC reissued an "outperform" rating on shares of Royal Bank of Canada in a report on Tuesday, May 20th. Wall Street Zen cut shares of Royal Bank of Canada from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, Cibc World Mkts upgraded shares of Royal Bank of Canada from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Royal Bank of Canada has an average rating of "Moderate Buy" and a consensus target price of $156.50.

Royal Bank of Canada Price Performance

Shares of RY stock traded down $0.30 during trading hours on Monday, hitting $127.57. The stock had a trading volume of 1,023,933 shares, compared to its average volume of 1,322,890. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $180.43 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 1.80 and a beta of 0.89. Royal Bank of Canada has a one year low of $102.44 and a one year high of $129.46. The stock's 50-day moving average price is $119.03 and its two-hundred day moving average price is $119.66.

Institutional Trading of Royal Bank of Canada

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Royal Bank of Canada by 5.7% in the first quarter. Vanguard Group Inc. now owns 62,571,520 shares of the financial services provider's stock valued at $7,048,307,000 after acquiring an additional 3,387,971 shares during the period. TD Asset Management Inc grew its holdings in Royal Bank of Canada by 0.9% during the 1st quarter. TD Asset Management Inc now owns 31,515,404 shares of the financial services provider's stock valued at $3,549,520,000 after purchasing an additional 277,466 shares during the last quarter. Norges Bank purchased a new stake in Royal Bank of Canada in the 4th quarter worth about $2,425,519,000. Bank of Nova Scotia lifted its stake in Royal Bank of Canada by 8.0% in the first quarter. Bank of Nova Scotia now owns 16,802,214 shares of the financial services provider's stock worth $1,892,975,000 after purchasing an additional 1,249,589 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of Royal Bank of Canada by 3.4% during the first quarter. Federation des caisses Desjardins du Quebec now owns 12,656,362 shares of the financial services provider's stock valued at $1,423,464,000 after buying an additional 420,466 shares during the period. 45.31% of the stock is currently owned by institutional investors.

Royal Bank of Canada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Thursday, July 24th will be issued a dividend of $1.1152 per share. This represents a $4.46 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Thursday, July 24th. This is a positive change from Royal Bank of Canada's previous quarterly dividend of $1.03. Royal Bank of Canada's dividend payout ratio is presently 46.18%.

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.