Desjardins Cuts Earnings Estimates for Royal Bank of Canada

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Stock analysts at Desjardins dropped their Q2 2025 earnings per share estimates for Royal Bank of Canada in a research report issued on Thursday, February 27th. Desjardins analyst D. Young now anticipates that the financial services provider will post earnings per share of $2.21 for the quarter, down from their previous forecast of $2.25. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share. Desjardins also issued estimates for Royal Bank of Canada’s Q3 2025 earnings at $2.24 EPS, Q4 2025 earnings at $2.26 EPS and FY2025 earnings at $9.24 EPS.

Several other research analysts have also recently commented on RY. Barclays raised Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research report on Thursday, November 21st. StockNews.com raised Royal Bank of Canada from a “sell” rating to a “hold” rating in a research report on Friday. BMO Capital Markets reduced their target price on 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, TD Securities downgraded shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $156.50.

Royal Bank of Canada Stock Down 1.1 %

Shares of RY stock opened at $116.87 on Monday. The stock has a market cap of $165.30 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 1.80 and a beta of 0.87. Royal Bank of Canada has a one year low of $95.84 and a one year high of $128.05. The stock has a fifty day moving average price of $120.07 and a 200 day moving average price of $121.66. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.86 and a quick ratio of 0.86.

Royal Bank of Canada Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be paid a $1.0251 dividend. The ex-dividend date is Thursday, April 24th. This represents a $4.10 annualized dividend and a dividend yield of 3.51%. Royal Bank of Canada’s dividend payout ratio is presently 45.73%.

Institutional Investors Weigh In On Royal Bank of Canada

Several institutional investors and hedge funds have recently made changes to their positions in the company. Park Square Financial Group LLC acquired a new stake in shares of Royal Bank of Canada in the 4th quarter valued at $25,000. Brucke Financial Inc. bought a new position in shares of Royal Bank of Canada in the fourth quarter valued at about $472,000. Canerector Inc. bought a new position in shares of Royal Bank of Canada in the fourth quarter valued at about $7,833,000. Polar Asset Management Partners Inc. raised its holdings in shares of Royal Bank of Canada by 32.2% in the fourth quarter. Polar Asset Management Partners Inc. now owns 19,837 shares of the financial services provider’s stock valued at $2,390,000 after buying an additional 4,837 shares during the last quarter. Finally, Ascent Group LLC bought a new position in shares of Royal Bank of Canada in the fourth quarter valued at about $201,000. Institutional investors and hedge funds own 45.31% of the company’s stock.

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.