Analysts Set Expectations for TSE:RY FY2026 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Research analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for shares of Royal Bank of Canada in a report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine expects that the financial services provider will earn $14.40 per share for the year. 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 issued its quarterly earnings results on Wednesday, August 28th. The financial services provider reported C$3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$2.95 by C$0.31. The business had revenue of C$14.63 billion during the quarter, compared to analyst estimates of C$14.27 billion. Royal Bank of Canada had a return on equity of 13.68% and a net margin of 28.67%.

A number of other analysts also recently weighed in on the stock. Cormark boosted their target price on shares of Royal Bank of Canada from C$166.00 to C$171.00 in a report on Thursday, August 29th. Desjardins boosted 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 note on Tuesday, August 6th. Barclays raised Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Thursday. National Bankshares boosted their target price on Royal Bank of Canada from C$169.00 to C$181.00 in a research report on Wednesday. Finally, Bank of America raised their price target on Royal Bank of Canada from C$162.00 to C$180.00 in a research report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$168.00.

Royal Bank of Canada Stock Performance

RY opened at C$174.71 on Thursday. The stock has a market capitalization of C$246.34 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 3.42 and a beta of 0.84. The company has a fifty day moving average of C$170.00 and a 200 day moving average of C$156.75. Royal Bank of Canada has a fifty-two week low of C$115.57 and a fifty-two week high of C$175.32.

Royal Bank of Canada Dividend Announcement

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

Insider Buying and Selling at Royal Bank of Canada

In other Royal Bank of Canada news, Director David Ian Mckay sold 74,852 shares of Royal Bank of Canada 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 10,000 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of C$164.60, for a total value of C$1,646,000.00. Following the completion of the sale, the insider now owns 25 shares of the company’s stock, valued at approximately C$4,115. The trade was a 99.75 % decrease in their ownership of the stock. In the last quarter, insiders sold 144,770 shares of company stock worth $23,959,265.

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.