Desjardins Issues Negative Outlook for TSE:NA Earnings

National Bank of Canada (TSE:NA) – Research analysts at Desjardins cut their Q2 2025 EPS estimates for shares of National Bank of Canada in a research report issued to clients and investors on Wednesday, February 26th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $2.39 for the quarter, down from their prior forecast of $2.64. Desjardins has a “Hold” rating and a $136.00 price target on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share. Desjardins also issued estimates for National Bank of Canada’s Q3 2025 earnings at $2.60 EPS, Q3 2025 earnings at $2.60 EPS, Q4 2025 earnings at $2.83 EPS, Q4 2025 earnings at $2.83 EPS, FY2026 earnings at $11.60 EPS and FY2026 earnings at $11.60 EPS.

Other analysts have also recently issued reports about the stock. Barclays cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 21st. TD Securities decreased their price objective on shares of National Bank of Canada from C$135.00 to C$131.00 and set a “hold” rating for the company in a research note on Thursday. Cibc World Mkts cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Jefferies Financial Group decreased their target price on shares of National Bank of Canada from C$149.00 to C$147.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Royal Bank of Canada decreased their target price on shares of National Bank of Canada from C$145.00 to C$144.00 and set a “sector perform” rating for the company in a research note on Thursday. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, National Bank of Canada presently has an average rating of “Hold” and an average target price of C$137.20.

National Bank of Canada Trading Up 0.3 %

Shares of TSE NA opened at C$120.41 on Friday. National Bank of Canada has a 12 month low of C$104.84 and a 12 month high of C$141.15. The company has a 50 day simple moving average of C$128.77 and a two-hundred day simple moving average of C$128.84. The stock has a market cap of C$46.95 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 7.14 and a beta of 1.12.

Insider Buying and Selling

In other National Bank of Canada news, insider Marie-Chantal Gingras bought 1,750 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of C$119.45 per share, with a total value of C$209,037.50. Also, Senior Officer Brigitte Hébert sold 400 shares of the company’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of C$132.46, for a total transaction of C$52,984.00. In the last quarter, insiders purchased 6,344 shares of company stock valued at $763,776. 0.21% of the stock is owned by corporate insiders.

National Bank of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Monday, March 31st will be issued a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.79%. National Bank of Canada’s payout ratio is presently 39.03%.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.