Q1 Earnings Estimate for TSE:LB Issued By Raymond James

Laurentian Bank of Canada (TSE:LB) – Equities research analysts at Raymond James lowered their Q1 2026 earnings per share (EPS) estimates for shares of Laurentian Bank of Canada in a research note issued to investors on Tuesday, May 27th. Raymond James analyst S. Boland now anticipates that the company will post earnings of $0.91 per share for the quarter, down from their prior estimate of $0.92. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share.

A number of other equities analysts also recently issued reports on the company. National Bankshares cut their price target on Laurentian Bank of Canada from C$27.00 to C$25.00 and set an “underperform” rating for the company in a research note on Thursday, May 22nd. Scotiabank cut their price target on Laurentian Bank of Canada from C$33.00 to C$28.00 and set a “sector perform” rating for the company in a research note on Thursday, February 20th. BMO Capital Markets cut their price target on Laurentian Bank of Canada from C$31.00 to C$30.00 in a research note on Monday, March 3rd. Jefferies Financial Group cut their price target on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. Finally, CIBC cut their price target on Laurentian Bank of Canada from C$31.00 to C$29.00 in a research note on Thursday, May 22nd. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$27.13.

Laurentian Bank of Canada Stock Performance

LB stock opened at C$31.09 on Friday. The company has a market capitalization of C$1.37 billion, a P/E ratio of -247.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a 52-week low of C$24.37 and a 52-week high of C$31.74. The business has a 50-day simple moving average of C$27.15 and a two-hundred day simple moving average of C$27.89.

Laurentian Bank of Canada Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, May 1st were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.88 annualized dividend and a dividend yield of 6.05%. Laurentian Bank of Canada’s dividend payout ratio is currently -1,499.45%.

About Laurentian Bank of Canada

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.