RY Q1 EPS Estimate Decreased by National Bank Financial

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Stock analysts at National Bank Financial cut their Q1 2025 EPS estimates for shares of Royal Bank of Canada in a research note issued to investors on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will earn $2.30 per share for the quarter, down from their prior estimate of $2.33. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.20 per share. National Bank Financial also issued estimates for Royal Bank of Canada’s Q2 2025 earnings at $2.24 EPS, Q3 2025 earnings at $2.33 EPS, Q4 2025 earnings at $2.35 EPS and FY2025 earnings at $9.22 EPS.

A number of other equities analysts have also recently issued reports on the company. TD Securities cut Royal Bank of Canada from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Barclays raised Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 21st. BMO Capital Markets reduced their price objective 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, December 5th. Finally, StockNews.com downgraded Royal Bank of Canada from a “hold” rating to a “sell” rating in a research note on Wednesday, January 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Royal Bank of Canada has a consensus rating of “Moderate Buy” and an average target price of $156.50.

Royal Bank of Canada Price Performance

Shares of NYSE RY opened at $120.52 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11. The firm has a fifty day simple moving average of $120.71 and a 200 day simple moving average of $121.02. Royal Bank of Canada has a twelve month low of $95.84 and a twelve month high of $128.05. The company has a market capitalization of $170.45 billion, a PE ratio of 14.59, a P/E/G ratio of 1.78 and a beta of 0.87.

Royal Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, January 27th will be given a dividend of $1.0522 per share. This represents a $4.21 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date is Monday, January 27th. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.03. Royal Bank of Canada’s dividend payout ratio (DPR) is currently 49.76%.

Institutional Trading of Royal Bank of Canada

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Royal Bank of Canada in the fourth quarter worth $2,425,519,000. FMR LLC increased its stake in Royal Bank of Canada by 75.8% in the 3rd quarter. FMR LLC now owns 17,866,021 shares of the financial services provider’s stock worth $2,229,834,000 after acquiring an additional 7,702,585 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Royal Bank of Canada by 31.2% in the fourth quarter. Geode Capital Management LLC now owns 8,382,278 shares of the financial services provider’s stock worth $1,027,061,000 after purchasing an additional 1,991,364 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Royal Bank of Canada by 165.1% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,896,755 shares of the financial services provider’s stock worth $361,532,000 after purchasing an additional 1,804,022 shares during the last quarter. Finally, APG Asset Management N.V. raised its stake in Royal Bank of Canada by 1,600.9% in the fourth quarter. APG Asset Management N.V. now owns 1,427,075 shares of the financial services provider’s stock valued at $166,084,000 after purchasing an additional 1,343,174 shares in the last quarter. 45.31% of the stock is currently owned by institutional investors.

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.