National Bank Financial Forecasts TSE:RY Q4 Earnings

Key Points

• National Bank Financial has raised its Q4 2025 earnings per share estimate for the Royal Bank of Canada from $3.27 to $3.55.
• Royal Bank of Canada has increased its quarterly dividend to $1.54 per share, up from $1.48, translating to a 3.1% dividend yield.
• Several research firms have raised their price targets for Royal Bank of Canada, including Bank of America, which increased its target from C$214.00 to C$227.00.

Royal Bank of Canada (TSE:RY - Free Report) NYSE: RY - Research analysts at National Bank Financial raised their Q4 2025 earnings estimates for shares of Royal Bank of Canada in a research report issued on Wednesday, August 27th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings of $3.55 per share for the quarter, up from their previous forecast of $3.27. 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 $12.35 per share. National Bank Financial also issued estimates for Royal Bank of Canada's FY2026 earnings at $15.00 EPS.

A number of other equities research analysts also recently issued reports on the stock. National Bankshares increased their target price on shares of Royal Bank of Canada from C$180.00 to C$203.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. Barclays increased their target price on shares of Royal Bank of Canada from C$190.00 to C$203.00 in a research report on Thursday, August 28th. UBS Group cut their price target on shares of Royal Bank of Canada from C$198.00 to C$196.00 in a report on Thursday, May 22nd. Jefferies Financial Group raised their price target on shares of Royal Bank of Canada from C$198.00 to C$207.00 in a report on Wednesday, August 13th. Finally, CIBC raised their price target on shares of Royal Bank of Canada from C$195.00 to C$208.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$206.00.

Royal Bank of Canada Trading Up 0.3%

TSE:RY traded up C$0.52 during trading hours on Friday, hitting C$200.05. 462,565 shares of the stock traded hands, compared to its average volume of 4,353,962. The firm has a 50 day moving average price of C$183.99 and a 200 day moving average price of C$173.13. Royal Bank of Canada has a fifty-two week low of C$151.25 and a fifty-two week high of C$204.60. The firm has a market cap of C$282.13 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 3.42 and a beta of 1.12.

Royal Bank of Canada Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 22nd were paid a $1.54 dividend. This is a boost from Royal Bank of Canada's previous quarterly dividend of $1.48. This represents a $6.16 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, July 24th. Royal Bank of Canada's payout ratio is presently 44.78%.

Insiders Place Their Bets

In other Royal Bank of Canada news, Director David Ian Mckay sold 20,304 shares of the business's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of C$182.30, for a total value of C$3,701,453.72. Also, Senior Officer Jennifer Kristine Publicover sold 401 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of C$182.30, for a total transaction of C$73,102.98. Following the sale, the insider directly owned 152 shares of the company's stock, valued at approximately C$27,709.86. This trade represents a 72.51% decrease in their ownership of the stock. Over the last three months, insiders sold 42,026 shares of company stock valued at $7,517,844.

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.