Analysts Set Expectations for TSE:RY FY2026 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – National Bank Financial issued their FY2026 earnings per share (EPS) estimates for Royal Bank of Canada in a research report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine expects that the financial services provider will post earnings per share of $14.40 for the year. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

A number of other research analysts have also recently commented on the company. BMO Capital Markets raised their price target on Royal Bank of Canada from C$165.00 to C$195.00 in a research report on Monday. Barclays upped their price target on shares of Royal Bank of Canada from C$145.00 to C$150.00 in a report on Tuesday, August 20th. National Bankshares lifted their price objective on shares of Royal Bank of Canada from C$169.00 to C$181.00 in a research note on Wednesday. CIBC raised their target price on Royal Bank of Canada from C$166.00 to C$167.00 in a report on Friday, September 6th. Finally, Desjardins upped their price objective on Royal Bank of Canada from C$156.00 to C$163.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$168.00.

Royal Bank of Canada Stock Up 2.6 %

Shares of Royal Bank of Canada stock opened at C$174.76 on Thursday. The stock has a market capitalization of C$246.41 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a twelve month low of C$115.57 and a twelve month high of C$175.04. The company has a 50-day simple moving average of C$169.86 and a two-hundred day simple moving average of C$156.49.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its quarterly earnings results on Wednesday, August 28th. The financial services provider reported C$3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of C$2.95 by C$0.31. Royal Bank of Canada had a return on equity of 13.68% and a net margin of 28.67%. The business had revenue of C$14.63 billion during the quarter, compared to the consensus estimate of C$14.27 billion.

Insider Activity

In related news, Director David Ian Mckay sold 74,852 shares of the stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of C$164.59, for a total transaction of C$12,320,115.24. Also, Senior Officer Douglas Antony Guzman sold 15,000 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of C$165.00, for a total transaction of C$2,475,000.00. Following the transaction, the insider now owns 25 shares in the company, valued at C$4,125. This represents a 99.83 % decrease in their position. Insiders have sold 144,770 shares of company stock valued at $23,959,265 in the last ninety days.

Royal Bank of Canada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 22nd will be issued a dividend of $1.42 per share. The ex-dividend date is Thursday, October 24th. This represents a $5.68 dividend on an annualized basis and a yield of 3.25%. Royal Bank of Canada’s payout ratio is currently 50.31%.

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.