Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) – Stock analysts at Desjardins boosted their FY2025 earnings per share estimates for Royal Bank Of Canada in a note issued to investors on Wednesday, August 27th. Desjardins analyst D. Young now expects that the financial services provider will earn $10.19 per share for the year, up from their previous estimate of $9.67. 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 Q4 2025 earnings at $2.56 EPS and FY2026 earnings at $10.80 EPS.
Other analysts have also issued research reports about the company. National Bank Financial lowered Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a report on Friday, May 30th. National Bankshares restated a “sector perform” rating on shares of Royal Bank Of Canada in a research report on Friday, August 15th. Barclays restated an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, August 14th. Cowen restated a “hold” rating on shares of Royal Bank Of Canada in a research report on Thursday. Finally, Wall Street Zen downgraded Royal Bank Of Canada from a “hold” rating to a “sell” rating in a research report on Saturday, May 31st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.00.
Royal Bank Of Canada Stock Up 0.5%
Royal Bank Of Canada stock opened at $146.02 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $205.19 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.68 and a beta of 0.89. Royal Bank Of Canada has a fifty-two week low of $106.10 and a fifty-two week high of $147.64. The stock’s fifty day moving average is $132.91 and its two-hundred day moving average is $123.93.
Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last posted its earnings results on Wednesday, August 27th. The financial services provider reported $2.79 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.43. The company had revenue of $12.26 billion for the quarter, compared to analyst estimates of $16.03 billion. Royal Bank Of Canada had a return on equity of 16.31% and a net margin of 14.03%.Royal Bank Of Canada’s revenue was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.26 earnings per share.
Hedge Funds Weigh In On Royal Bank Of Canada
Several large investors have recently added to or reduced their stakes in RY. Brighton Jones LLC lifted its position in Royal Bank Of Canada by 33.1% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock worth $279,000 after buying an additional 575 shares during the period. Tower Research Capital LLC TRC lifted its position in Royal Bank Of Canada by 544.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,196 shares of the financial services provider’s stock worth $265,000 after buying an additional 1,855 shares during the period. Stifel Financial Corp lifted its position in Royal Bank Of Canada by 6.2% during the fourth quarter. Stifel Financial Corp now owns 28,393 shares of the financial services provider’s stock worth $3,422,000 after buying an additional 1,650 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Royal Bank Of Canada by 3.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,860 shares of the financial services provider’s stock worth $345,000 after buying an additional 90 shares during the period. Finally, Voya Investment Management LLC lifted its position in Royal Bank Of Canada by 173.9% during the fourth quarter. Voya Investment Management LLC now owns 15,833 shares of the financial services provider’s stock worth $1,908,000 after buying an additional 10,053 shares during the period. 45.31% of the stock is currently owned by hedge funds and other institutional investors.
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.
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