Research Analysts Set Expectations for RY Q1 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Desjardins cut their Q1 2025 earnings per share (EPS) estimates for Royal Bank of Canada in a research note issued to investors on Tuesday, February 4th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings of $2.21 per share for the quarter, down from their previous estimate of $2.29. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.20 per share.

RY has been the topic of a number of other reports. TD Securities lowered Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. BMO Capital Markets lowered their target price on Royal Bank of Canada from $195.00 to $193.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Barclays raised Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research report on Thursday, November 21st. Finally, StockNews.com lowered Royal Bank of Canada from a “hold” rating to a “sell” rating in a research report on Wednesday, January 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.50.

Royal Bank of Canada Price Performance

Shares of RY opened at $119.26 on Thursday. Royal Bank of Canada has a 52-week low of $93.97 and a 52-week high of $128.05. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86. The business’s 50 day moving average price is $121.92 and its two-hundred day moving average price is $120.40. The firm has a market cap of $168.68 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 1.82 and a beta of 0.87.

Royal Bank of Canada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Monday, January 27th will be issued a dividend of $1.0522 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $4.21 annualized dividend and a yield of 3.53%. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.03. Royal Bank of Canada’s dividend payout ratio is 49.76%.

Institutional Investors Weigh In On Royal Bank of Canada

Institutional investors have recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new stake in Royal Bank of Canada during the third quarter worth $25,000. Dunhill Financial LLC bought a new position in Royal Bank of Canada in the 3rd quarter valued at $25,000. Larson Financial Group LLC bought a new position in Royal Bank of Canada in the 3rd quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. grew its stake in Royal Bank of Canada by 110.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 118 shares during the period. Finally, Grove Bank & Trust bought a new position in Royal Bank of Canada in the 3rd quarter valued at $28,000. Institutional investors own 45.31% of the company’s stock.

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.