Desjardins Lifts Earnings Estimates for Royal Bank Of Canada

Key Points

• Desjardins analysts have raised their Q3 2025 EPS forecast for Royal Bank Of Canada to $2.39, up from a previous estimate of $2.25.
• The bank has declared a quarterly dividend of $1.1152, which is an increase from the previous dividend of $1.03 and represents an annual yield of 3.3%.
• Royal Bank Of Canada's stock currently has an average rating of "Moderate Buy" with a consensus price target of $193.00.

Royal Bank Of Canada (NYSE:RY - Free Report) TSE: RY - Analysts at Desjardins upped their Q3 2025 earnings per share estimates for shares of Royal Bank Of Canada in a research report issued on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the financial services provider will earn $2.39 per share for the quarter, up from their prior forecast of $2.25. The consensus estimate for Royal Bank Of Canada's current full-year earnings is $9.16 per share. Desjardins also issued estimates for Royal Bank Of Canada's FY2025 earnings at $9.67 EPS and FY2026 earnings at $10.44 EPS.

RY has been the topic of several other research reports. Barclays reaffirmed an "overweight" rating on shares of Royal Bank Of Canada in a report on Thursday. Wall Street Zen downgraded Royal Bank Of Canada from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. National Bankshares reissued a "sector perform" rating on shares of Royal Bank Of Canada in a research note on Friday. National Bank Financial downgraded Royal Bank Of Canada from an "outperform" rating to a "sector perform" rating in a research note on Friday, May 30th. Finally, CIBC reissued an "outperform" rating on shares of Royal Bank Of Canada in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.00.

Royal Bank Of Canada Trading Down 0.1%

NYSE:RY traded down $0.12 during trading hours on Thursday, hitting $136.47. 771,993 shares of the stock were exchanged, compared to its average volume of 1,357,489. The company's 50 day moving average is $131.01 and its two-hundred day moving average is $122.78. Royal Bank Of Canada has a twelve month low of $106.10 and a twelve month high of $137.25. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $191.85 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 1.55 and a beta of 0.89.

Royal Bank Of Canada (NYSE:RY - Get Free Report) TSE: RY last posted its quarterly earnings data on Thursday, May 29th. The financial services provider reported $2.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.05). Royal Bank Of Canada had a return on equity of 15.75% and a net margin of 13.37%. The firm had revenue of $11.38 billion for the quarter, compared to analyst estimates of $15.77 billion. During the same period in the prior year, the company posted $2.92 EPS. The firm's quarterly revenue was up 10.7% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Public Sector Pension Investment Board raised its stake in Royal Bank Of Canada by 1,318.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 1,936,920 shares of the financial services provider's stock worth $254,759,000 after buying an additional 1,800,400 shares during the period. Evergreen Capital Management LLC raised its stake in Royal Bank Of Canada by 13.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 11,633 shares of the financial services provider's stock worth $1,530,000 after buying an additional 1,405 shares during the period. CANADA LIFE ASSURANCE Co raised its stake in Royal Bank Of Canada by 6.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 1,155,876 shares of the financial services provider's stock worth $151,964,000 after buying an additional 75,058 shares during the period. Corient Private Wealth LLC raised its stake in Royal Bank Of Canada by 8.9% during the 2nd quarter. Corient Private Wealth LLC now owns 30,856 shares of the financial services provider's stock worth $4,059,000 after buying an additional 2,513 shares during the period. Finally, Ewing Morris & Co. Investment Partners Ltd. raised its stake in Royal Bank Of Canada by 0.5% during the 2nd quarter. Ewing Morris & Co. Investment Partners Ltd. now owns 29,695 shares of the financial services provider's stock worth $3,906,000 after buying an additional 157 shares during the period. Institutional investors and hedge funds own 45.31% of the company's stock.

Royal Bank Of Canada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Thursday, July 24th will be paid a $1.1152 dividend. This is an increase from Royal Bank Of Canada's previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Thursday, July 24th. This represents a $4.46 dividend on an annualized basis and a dividend yield of 3.3%. Royal Bank Of Canada's dividend payout ratio (DPR) is currently 50.33%.

Royal Bank Of Canada Company Profile

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.