National Bank Financial Comments on TSE:RY FY2025 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Research analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of Royal Bank of Canada in a note issued to investors on Wednesday, December 4th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $13.17 per share for the year, up from their prior estimate of $13.14. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

RY has been the subject of a number of other research reports. Cormark lifted their target price on shares of Royal Bank of Canada from C$166.00 to C$171.00 in a report on Thursday, August 29th. Barclays raised shares of Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 21st. Scotiabank boosted their price target on shares of Royal Bank of Canada from C$167.00 to C$197.00 in a report on Monday, November 25th. CIBC boosted their price target on shares of Royal Bank of Canada from C$167.00 to C$176.00 in a report on Tuesday, November 26th. Finally, National Bankshares boosted their price target on shares of Royal Bank of Canada from C$181.00 to C$188.00 in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Royal Bank of Canada presently has an average rating of “Buy” and a consensus price target of C$176.58.

Royal Bank of Canada Stock Performance

RY opened at C$178.47 on Monday. The company has a fifty day moving average price of C$172.06 and a two-hundred day moving average price of C$159.40. Royal Bank of Canada has a 52 week low of C$124.49 and a 52 week high of C$180.45. The firm has a market capitalization of C$251.64 billion, a PE ratio of 15.81, a P/E/G ratio of 3.42 and a beta of 0.84.

Insider Transactions at Royal Bank of Canada

In other news, Senior Officer Douglas Antony Guzman sold 17,000 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$167.95, for a total transaction of C$2,855,150.00. Following the completion of the transaction, the insider now directly owns 25 shares in the company, valued at C$4,198.75. This represents a 99.85 % decrease in their position. Insiders sold a total of 34,648 shares of company stock worth $5,811,275 in the last three months.

Royal Bank of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.32%. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.42. Royal Bank of Canada’s dividend payout ratio is currently 50.31%.

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.