Q3 EPS Estimate for Royal Bank of Canada Lifted by Analyst

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Investment analysts at Desjardins boosted their Q3 2025 EPS estimates for shares of Royal Bank of Canada in a research note issued on Tuesday, August 12th. Desjardins analyst D. Young now expects that the financial services provider will earn $3.28 per share for the quarter, up from their previous forecast of $3.12. Desjardins currently has a “Buy” rating and a $193.00 target price on the stock. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

RY has been the subject of a number of other research reports. Barclays increased their price objective on shares of Royal Bank of Canada from C$182.00 to C$190.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group lowered their price objective on shares of Royal Bank of Canada from C$198.00 to C$196.00 in a research report on Thursday, May 22nd. National Bank Financial cut shares of Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report on Thursday, May 29th. National Bankshares increased their price objective on shares of Royal Bank of Canada from C$177.00 to C$180.00 and gave the stock a “sector perform” rating in a research report on Friday. Finally, Scotiabank raised shares of Royal Bank of Canada to a “strong-buy” rating in a research report on Thursday, May 15th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Royal Bank of Canada has a consensus rating of “Buy” and a consensus target price of C$189.62.

Royal Bank of Canada Price Performance

Royal Bank of Canada stock opened at C$188.50 on Friday. The firm has a 50 day simple moving average of C$179.46 and a 200-day simple moving average of C$171.29. Royal Bank of Canada has a 1-year low of C$151.25 and a 1-year high of C$189.43. The stock has a market cap of C$266.73 billion, a price-to-earnings ratio of 16.42, a price-to-earnings-growth ratio of 3.42 and a beta of 0.84.

Insider Buying and Selling at Royal Bank of Canada

In other Royal Bank of Canada news, Senior Officer Jennifer Kristine Publicover sold 401 shares of the firm’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of C$174.06, for a total value of C$69,798.94. Following the completion of the transaction, the insider owned 152 shares of the company’s stock, valued at C$26,457.45. This trade represents a 72.51% decrease in their position. Also, Director David Ian Mckay sold 20,304 shares of the firm’s stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of C$182.30, for a total transaction of C$3,701,453.72. Insiders sold 63,039 shares of company stock valued at $11,175,413 in the last 90 days.

Royal Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 22nd will be given a $1.54 dividend. The ex-dividend date of this dividend is Thursday, July 24th. This represents a $6.16 annualized dividend and a yield of 3.3%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.48. Royal Bank of Canada’s dividend payout ratio is 49.49%.

About Royal Bank of Canada

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S.