Desjardins Has Pessimistic Outlook of TSE:LB Q1 Earnings

Laurentian Bank of Canada (TSE:LB) – Desjardins decreased their Q1 2025 earnings estimates for Laurentian Bank of Canada in a research note issued to investors on Tuesday, February 4th. Desjardins analyst D. Young now anticipates that the company will earn $0.76 per share for the quarter, down from their previous forecast of $0.77. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share. Desjardins also issued estimates for Laurentian Bank of Canada’s FY2026 earnings at $3.35 EPS.

LB has been the topic of a number of other research reports. Scotiabank lifted their price target on shares of Laurentian Bank of Canada from C$30.00 to C$33.00 and gave the company a “sector perform” rating in a research note on Monday, December 9th. BMO Capital Markets boosted their price objective on shares of Laurentian Bank of Canada from C$28.00 to C$31.00 in a research report on Monday, December 9th. CIBC increased their target price on Laurentian Bank of Canada from C$28.00 to C$31.00 in a report on Tuesday, November 26th. National Bankshares boosted their price target on Laurentian Bank of Canada from C$25.00 to C$27.00 and gave the company an “underperform” rating in a report on Monday, December 9th. Finally, Raymond James increased their price objective on Laurentian Bank of Canada from C$27.00 to C$29.00 and gave the stock a “market perform” rating in a report on Monday, December 9th. Three equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Laurentian Bank of Canada has an average rating of “Hold” and a consensus target price of C$28.67.

Laurentian Bank of Canada Price Performance

Laurentian Bank of Canada stock opened at C$27.70 on Thursday. Laurentian Bank of Canada has a fifty-two week low of C$24.45 and a fifty-two week high of C$31.74. The firm has a market capitalization of C$1.22 billion, a price-to-earnings ratio of -44.68, a PEG ratio of 0.76 and a beta of 1.25. The company’s 50 day simple moving average is C$28.96 and its 200 day simple moving average is C$27.53.

Laurentian Bank of Canada Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Friday, January 3rd were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date of this dividend was Friday, January 3rd. Laurentian Bank of Canada’s dividend payout ratio is currently -303.23%.

About Laurentian Bank of Canada

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.