Analysts Issue Forecasts for RY Q1 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Equities research analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of Royal Bank of Canada in a report released on Wednesday, December 4th. Desjardins analyst D. Young expects that the financial services provider will post earnings of $2.29 per share for the quarter. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $8.73 per share. Desjardins also issued estimates for Royal Bank of Canada’s Q2 2025 earnings at $2.25 EPS, Q3 2025 earnings at $2.32 EPS and FY2026 earnings at $9.94 EPS.

RY has been the subject of a number of other research reports. BMO Capital Markets cut their target price on shares of Royal Bank of Canada from $195.00 to $193.00 and set an “outperform” rating for the company in a research report on Thursday. TD Securities downgraded Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Barclays raised Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 21st. One equities research 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.50.

Royal Bank of Canada Trading Down 1.5 %

Shares of RY stock opened at $126.05 on Friday. Royal Bank of Canada has a fifty-two week low of $90.71 and a fifty-two week high of $128.05. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $123.78 and a 200-day simple moving average of $115.89. The stock has a market cap of $178.19 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.85 and a beta of 0.86.

Royal Bank of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be given a $1.0522 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 3.34%. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.03. Royal Bank of Canada’s payout ratio is currently 52.91%.

Institutional Trading of Royal Bank of Canada

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new position in Royal Bank of Canada in the third quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Royal Bank of Canada during the 3rd quarter worth approximately $25,000. Larson Financial Group LLC purchased a new position in Royal Bank of Canada in the third quarter valued at approximately $26,000. Whittier Trust Co. of Nevada Inc. lifted its position in Royal Bank of Canada by 110.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the financial services provider’s stock valued at $28,000 after buying an additional 118 shares in the last quarter. Finally, Grove Bank & Trust purchased a new stake in Royal Bank of Canada during the third quarter worth approximately $28,000. Hedge funds and other institutional investors own 45.31% of the company’s stock.

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.