Laurentian Bank of Canada (TSE:LB - Free Report) - Raymond James lowered their Q1 2026 EPS estimates for Laurentian Bank of Canada in a research report issued on Tuesday, May 27th. Raymond James analyst S. Boland now anticipates that the company will earn $0.91 per share for the quarter, down from their previous forecast of $0.92. Raymond James currently has a "Market Perform" rating and a $28.00 target price on the stock. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share.
A number of other research analysts have also issued reports on LB. Scotiabank increased their target price on Laurentian Bank of Canada from C$28.00 to C$32.00 and gave the company a "sector perform" rating in a research report on Tuesday. Desjardins raised their target price on Laurentian Bank of Canada from C$27.00 to C$29.00 and gave the stock a "sell" rating in a research note on Tuesday. National Bankshares lifted their price objective on Laurentian Bank of Canada from C$25.00 to C$28.00 and gave the company an "underperform" rating in a research note on Tuesday. CIBC lifted their price target on Laurentian Bank of Canada from C$28.00 to C$33.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, BMO Capital Markets decreased 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 investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of C$29.00.
Read Our Latest Stock Report on Laurentian Bank of Canada
Laurentian Bank of Canada Stock Performance
TSE LB traded up C$0.06 during trading hours on Friday, reaching C$30.41. The stock had a trading volume of 38,262 shares, compared to its average volume of 202,360. Laurentian Bank of Canada has a 52-week low of C$24.37 and a 52-week high of C$31.74. The stock has a fifty day moving average of C$27.20 and a 200 day moving average of C$27.92. The stock has a market cap of C$1.34 billion, a P/E ratio of -242.54, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25.
Laurentian Bank of Canada Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Investors 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 dividend on an annualized basis and a yield of 6.18%. Laurentian Bank of Canada's payout ratio is -1,499.45%.
About Laurentian Bank of Canada
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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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