National Bank Financial Comments on TSE:RY FY2025 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Stock analysts at National Bank Financial reduced their FY2025 earnings per share estimates for shares of Royal Bank of Canada in a report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $13.14 for the year, down from their prior estimate 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 released its earnings results on Wednesday, August 28th. The financial services provider reported C$3.26 earnings per share for the quarter, topping the consensus estimate of C$2.95 by C$0.31. The business had revenue of C$14.63 billion during the quarter, compared to the consensus estimate of C$14.27 billion. Royal Bank of Canada had a return on equity of 13.68% and a net margin of 28.67%.

Other analysts have also issued research reports about the company. Canaccord Genuity Group boosted their price target on Royal Bank of Canada from C$172.00 to C$188.00 in a report on Tuesday, November 19th. BMO Capital Markets upped their target price on Royal Bank of Canada from C$165.00 to C$195.00 in a report on Monday, November 18th. Desjardins raised their price target on Royal Bank of Canada from C$156.00 to C$163.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. National Bankshares increased their target price on shares of Royal Bank of Canada from C$169.00 to C$181.00 in a report on Wednesday. Finally, Bank of America upped their price target on shares of Royal Bank of Canada from C$162.00 to C$180.00 in a research report on Thursday, August 29th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of C$171.58.

Royal Bank of Canada Price Performance

Royal Bank of Canada stock opened at C$174.71 on Friday. The stock has a market cap of C$246.34 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 3.42 and a beta of 0.84. The firm has a 50-day moving average of C$170.00 and a two-hundred day moving average of C$156.75. Royal Bank of Canada has a 1 year low of C$115.57 and a 1 year high of C$175.32.

Insider Transactions at Royal Bank of Canada

In related news, Director David Ian Mckay sold 74,852 shares of Royal Bank of Canada stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$164.59, for a total value of C$12,320,115.24. Also, Senior Officer Douglas Antony Guzman sold 15,000 shares of the company’s stock in a transaction that occurred on 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. The trade was a 99.83 % decrease in their position. Over the last three months, insiders have sold 144,770 shares of company stock valued at $23,959,265.

Royal Bank of Canada Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 22nd were issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend was Thursday, October 24th. Royal Bank of Canada’s dividend 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.