Royal Bank of Canada (TSE:RY – Free Report) (NYSE:RY) – Equities researchers at National Bank Financial issued their Q1 2025 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 expects that the financial services provider will post earnings per share of $3.28 for the quarter. 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 Q2 2025 earnings at $3.20 EPS, Q3 2025 earnings at $3.33 EPS, Q4 2025 earnings at $3.36 EPS and FY2026 earnings at $14.71 EPS.
RY has been the subject of several other reports. CIBC raised their price target on shares of Royal Bank of Canada from C$167.00 to C$176.00 in a research note on Tuesday, November 26th. Barclays upgraded Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 21st. TD Securities lowered Royal Bank of Canada from a “buy” rating to a “hold” rating and upped their price objective for the company from C$178.00 to C$180.00 in a report on Friday, November 15th. Canaccord Genuity Group raised their price objective on Royal Bank of Canada from C$188.00 to C$191.00 in a research note on Thursday. Finally, Jefferies Financial Group dropped their target price on shares of Royal Bank of Canada from C$168.00 to C$165.00 and set a “buy” rating for the company in a research report on Monday, August 12th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$176.58.
Royal Bank of Canada Price Performance
TSE:RY opened at C$178.27 on Friday. The business’s 50-day simple moving average is C$171.64 and its 200-day simple moving average is C$158.94. Royal Bank of Canada has a fifty-two week low of C$123.44 and a fifty-two week high of C$180.45. The stock has a market capitalization of C$251.36 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 3.42 and a beta of 0.84.
Insider Activity
In related news, Senior Officer Douglas Antony Guzman sold 10,270 shares of Royal Bank of Canada stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of C$166.20, for a total transaction of C$1,706,874.00. Following the transaction, the insider now owns 25 shares of the company’s stock, valued at C$4,155. The trade was a 99.76 % decrease in their ownership of the stock. Insiders sold a total of 44,918 shares of company stock worth $7,518,149 in the last three months.
Royal Bank of Canada Increases Dividend
The business 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 $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 3.32%. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.42. Royal Bank of Canada’s 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.
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