National Bank Financial Estimates RY FY2026 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Research analysts at National Bank Financial issued their FY2026 EPS estimates for Royal Bank of Canada in a research note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine anticipates that the financial services provider will post earnings of $10.37 per share for the year. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $8.88 per share.

RY has been the topic of several other research reports. Barclays raised Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a report on Thursday. TD Securities lowered Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, BMO Capital Markets increased their price target on Royal Bank of Canada from $151.00 to $165.00 and gave the company an “outperform” rating in a research report on Thursday, August 29th. One 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 stock. According to data from MarketBeat, Royal Bank of Canada currently has a consensus rating of “Moderate Buy” and an average target price of $142.50.

Royal Bank of Canada Stock Performance

Shares of RY opened at $125.09 on Thursday. Royal Bank of Canada has a 12-month low of $85.02 and a 12-month high of $126.96. The stock has a market capitalization of $176.84 billion, a P/E ratio of 15.13, a P/E/G ratio of 1.88 and a beta of 0.86. The firm’s 50 day moving average is $123.36 and its 200-day moving average is $114.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.87 and a quick ratio of 0.87.

Royal Bank of Canada (NYSE:RY) (TSE:RY) last announced its earnings results on Wednesday, August 28th. The financial services provider reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. Royal Bank of Canada had a return on equity of 15.17% and a net margin of 12.28%. The business had revenue of $10.68 billion during the quarter, compared to analysts’ expectations of $10.40 billion.

Royal Bank of Canada Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 24th will be issued a dividend of $1.028 per share. The ex-dividend date is Thursday, October 24th. This represents a $4.11 dividend on an annualized basis and a dividend yield of 3.29%. Royal Bank of Canada’s dividend payout ratio is 50.79%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Capital Performance Advisors LLP acquired a new stake in shares of Royal Bank of Canada during the 3rd quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Royal Bank of Canada during the third quarter valued at $25,000. Larson Financial Group LLC acquired a new stake in Royal Bank of Canada during the third quarter valued at $26,000. Ridgewood Investments LLC purchased a new position in Royal Bank of Canada in the second quarter valued at about $27,000. Finally, Grove Bank & Trust acquired a new position in Royal Bank of Canada in the 3rd quarter worth about $28,000. 45.31% of the stock is owned by institutional investors and hedge funds.

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.