Royal Bank of Canada (TSE:RY – Free Report) (NYSE:RY) – Research analysts at National Bank Financial raised their Q2 2025 earnings estimates for shares of Royal Bank of Canada in a research report issued on Thursday, February 27th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings of $3.29 per share for the quarter, up from their previous forecast of $3.20. 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 Q3 2025 earnings at $3.41 EPS, Q4 2025 earnings at $3.41 EPS, FY2025 earnings at $13.74 EPS and FY2026 earnings at $14.89 EPS.
Several other analysts also recently issued reports on the stock. BMO Capital Markets cut their target price on shares of Royal Bank of Canada from C$195.00 to C$193.00 in a research note on Thursday, December 5th. National Bankshares boosted their target price on shares of Royal Bank of Canada from C$181.00 to C$188.00 in a research note on Thursday, December 5th. TD Securities dropped their price target on shares of Royal Bank of Canada from C$180.00 to C$178.00 and set a “hold” rating on the stock in a research note on Friday, February 28th. CIBC dropped their price target on shares of Royal Bank of Canada from C$176.00 to C$175.00 in a research note on Tuesday, February 18th. Finally, Canaccord Genuity Group upped their price target on shares of Royal Bank of Canada from C$188.00 to C$191.00 in a research note on Thursday, December 5th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Royal Bank of Canada currently has an average rating of “Buy” and a consensus target price of C$181.83.
Royal Bank of Canada Stock Down 3.9 %
Shares of TSE:RY opened at C$163.02 on Monday. The company’s fifty day moving average is C$172.15 and its two-hundred day moving average is C$169.94. Royal Bank of Canada has a 12-month low of C$131.57 and a 12-month high of C$180.45. The company has a market cap of C$230.67 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 3.42 and a beta of 0.84.
Royal Bank of Canada Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 3.63%. Royal Bank of Canada’s payout ratio is 49.49%.
Insiders Place Their Bets
In other Royal Bank of Canada news, Senior Officer Douglas Antony Guzman sold 1,538 shares of the stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of C$177.09, for a total transaction of C$272,363.80. Following the transaction, the insider now directly owns 25 shares of the company’s stock, valued at C$4,427.24. This represents a 98.40 % decrease in their ownership of the stock. Also, Senior Officer Graeme Ashley Hepworth sold 308 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of C$169.67, for a total transaction of C$52,257.10. Insiders have sold 42,762 shares of company stock valued at $7,379,177 over the last three months.
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.
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