Cormark Has Pessimistic View of TSE:NA FY2025 Earnings

National Bank of Canada (TSE:NA) – Investment analysts at Cormark dropped their FY2025 EPS estimates for National Bank of Canada in a report released on Thursday, February 27th. Cormark analyst L. Persaud now expects that the financial services provider will earn $10.59 per share for the year, down from their prior estimate of $10.68. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $11.55 EPS.

A number of other equities analysts have also weighed in on the stock. Scotiabank dropped their target price on shares of National Bank of Canada from C$154.00 to C$125.00 and set a “sector perform” rating for the company in a research report on Thursday, February 20th. Barclays lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st. Royal Bank of Canada decreased their price target on shares of National Bank of Canada from C$145.00 to C$144.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. CIBC decreased their price target on shares of National Bank of Canada from C$141.00 to C$135.00 in a research note on Tuesday, February 18th. Finally, UBS Group decreased their price target on shares of National Bank of Canada from C$145.00 to C$140.00 in a research note on Friday. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, National Bank of Canada has a consensus rating of “Hold” and a consensus price target of C$137.20.

National Bank of Canada Stock Performance

Shares of TSE:NA opened at C$118.63 on Monday. The firm has a fifty day moving average price of C$128.49 and a 200 day moving average price of C$129.09. National Bank of Canada has a fifty-two week low of C$105.43 and a fifty-two week high of C$141.15. The firm has a market cap of C$46.25 billion, a price-to-earnings ratio of 10.52, a P/E/G ratio of 7.14 and a beta of 1.12.

National Bank of Canada Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Monday, March 31st will be paid a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.84%. National Bank of Canada’s dividend payout ratio is currently 39.03%.

Insider Activity

In related news, Director Yvon Charest acquired 334 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was bought at an average price of C$125.90 per share, for a total transaction of C$42,050.60. Also, insider Marie-Chantal Gingras sold 600 shares of National Bank of Canada stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of C$132.79, for a total transaction of C$79,674.00. Over the last quarter, insiders have bought 10,526 shares of company stock valued at $1,262,020. 0.21% of the stock is currently owned by company insiders.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.