Equities Analysts Issue Forecasts for RY FY2025 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Equities research analysts at Desjardins lifted their FY2025 earnings per share estimates for Royal Bank of Canada in a research note issued to investors on Wednesday, December 4th. Desjardins analyst D. Young now anticipates that the financial services provider will earn $9.19 per share for the year, up from their prior forecast of $8.96. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.22 per share. Desjardins also issued estimates for Royal Bank of Canada’s Q4 2025 earnings at $2.34 EPS.

Several other analysts have also recently commented on the stock. Barclays upgraded shares of Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a report on Thursday, November 21st. BMO Capital Markets decreased their target price on shares of Royal Bank of Canada from $195.00 to $193.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, TD Securities downgraded shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $156.50.

Royal Bank of Canada Trading Down 1.5 %

NYSE:RY opened at $126.05 on Monday. The stock has a market cap of $178.19 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 1.86 and a beta of 0.86. Royal Bank of Canada has a fifty-two week low of $90.71 and a fifty-two week high of $128.05. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.87 and a quick ratio of 0.87. The stock’s 50-day moving average is $123.82 and its two-hundred day moving average is $116.17.

Royal Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be paid a dividend of $1.0522 per share. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, January 27th. This represents a $4.21 annualized dividend and a dividend yield of 3.34%. Royal Bank of Canada’s dividend payout ratio is 50.85%.

Hedge Funds Weigh In On Royal Bank of Canada

Several institutional investors have recently bought and sold shares of RY. National Bank of Canada FI increased its holdings in shares of Royal Bank of Canada by 16.7% during the 2nd quarter. National Bank of Canada FI now owns 20,232,204 shares of the financial services provider’s stock valued at $2,141,681,000 after acquiring an additional 2,901,033 shares during the last quarter. FMR LLC grew its holdings in Royal Bank of Canada by 75.8% during the third quarter. FMR LLC now owns 17,866,021 shares of the financial services provider’s stock valued at $2,229,834,000 after purchasing an additional 7,702,585 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Royal Bank of Canada by 0.9% during the third quarter. CIBC Asset Management Inc now owns 13,622,472 shares of the financial services provider’s stock valued at $1,706,833,000 after purchasing an additional 124,348 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Royal Bank of Canada by 2.2% in the second quarter. The Manufacturers Life Insurance Company now owns 12,127,506 shares of the financial services provider’s stock valued at $1,289,274,000 after purchasing an additional 256,023 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Royal Bank of Canada by 1.8% in the second quarter. Legal & General Group Plc now owns 10,504,593 shares of the financial services provider’s stock worth $1,118,150,000 after buying an additional 190,341 shares during the last quarter. 45.31% of the stock is currently owned by 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.