National Bank Financial Comments on TSE:RY FY2025 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Investment analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Royal Bank of Canada in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will earn $13.14 per share for the year, down from their previous forecast of $13.46. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings data on Wednesday, August 28th. The financial services provider reported C$3.26 earnings per share 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 firm had revenue of C$14.63 billion during the quarter, compared to analysts’ expectations of C$14.27 billion.

A number of other brokerages have also recently commented on RY. Canaccord Genuity Group upped their price target on shares of Royal Bank of Canada from C$172.00 to C$188.00 in a research report on Tuesday. Bank of America lifted their price target on Royal Bank of Canada from C$162.00 to C$180.00 in a research note on Thursday, August 29th. Desjardins lifted their target price on shares of 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. TD Securities cut Royal Bank of Canada from a “buy” rating to a “hold” rating and lifted their target price for the stock from C$178.00 to C$180.00 in a research note on Friday, November 15th. Finally, Barclays upgraded Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$168.00.

Royal Bank of Canada Stock Down 0.0 %

Shares of RY stock opened at C$174.71 on Friday. The firm has a market capitalization of C$246.34 billion, a P/E ratio of 15.47, a P/E/G ratio of 3.42 and a beta of 0.84. The stock’s fifty day simple moving average is C$170.00 and its 200 day simple moving average is C$156.75. Royal Bank of Canada has a twelve month low of C$115.57 and a twelve month high of C$175.32.

Insider Buying and Selling

In other news, Senior Officer Douglas Antony Guzman sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of C$164.60, for a total transaction of C$1,646,000.00. Following the sale, the insider now directly owns 25 shares in the company, valued at C$4,115. This trade represents a 99.75 % decrease in their position. Also, Director David Ian Mckay sold 74,852 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$164.59, for a total value of C$12,320,115.24. Over the last quarter, insiders have sold 144,770 shares of company stock valued at $23,959,265.

Royal Bank of Canada Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 22nd were paid a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 3.25%. The ex-dividend date was Thursday, October 24th. Royal Bank of Canada’s dividend payout ratio (DPR) is presently 50.31%.

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.