Raymond James Issues Negative Outlook for TSE:LB Earnings

Laurentian Bank of Canada (TSE:LB - Free Report) - Investment analysts at Raymond James cut their Q2 2025 earnings estimates for shares of Laurentian Bank of Canada in a research report issued on Tuesday, May 27th. Raymond James analyst S. Boland now anticipates that the company will post earnings of $0.69 per share for the quarter, down from their prior forecast of $0.79. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share. Raymond James also issued estimates for Laurentian Bank of Canada's Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $3.03 EPS, Q2 2026 earnings at $0.83 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $3.47 EPS.

Several other research firms also recently issued reports on LB. BMO Capital Markets dropped their price objective on shares of Laurentian Bank of Canada from C$31.00 to C$30.00 in a report on Monday, March 3rd. CIBC reduced their price objective on Laurentian Bank of Canada from C$31.00 to C$29.00 in a report on Thursday, May 22nd. National Bankshares reduced their price target on Laurentian Bank of Canada from C$27.00 to C$25.00 and set an "underperform" rating on the stock in a research report on Thursday, May 22nd. Scotiabank dropped their price objective on Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 20th. Finally, Jefferies Financial Group decreased their price objective on Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday, April 21st. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of C$27.13.

Laurentian Bank of Canada Stock Performance

TSE:LB traded down C$0.31 during trading hours on Thursday, hitting C$30.29. 116,788 shares of the company's stock traded hands, compared to its average volume of 202,878. The firm has a market cap of C$1.33 billion, a P/E ratio of -241.59, a P/E/G ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a twelve month low of C$24.37 and a twelve month high of C$31.74. The stock's fifty day moving average price is C$27.15 and its two-hundred day moving average price is C$27.89.

Laurentian Bank of Canada Announces Dividend

The firm also recently declared 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. This represents a $1.88 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend was Tuesday, April 1st. Laurentian Bank of Canada's dividend payout ratio (DPR) is presently -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.