FY2026 EPS Forecast for Royal Bank of Canada Cut by Analyst

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Stock analysts at National Bank Financial dropped their FY2026 EPS estimates for Royal Bank of Canada in a research note issued on Monday, February 17th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $10.30 per share for the year, down from their prior estimate of $10.44. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share.

Other analysts have also recently issued research reports about the stock. Barclays raised shares of Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 21st. TD Securities cut shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. BMO Capital Markets cut their price target on shares of Royal Bank of Canada from $195.00 to $193.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Finally, StockNews.com cut shares of Royal Bank of Canada from a “hold” rating to a “sell” rating in a research report on Wednesday, January 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

Royal Bank of Canada Stock Performance

Shares of Royal Bank of Canada stock opened at $118.92 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11. Royal Bank of Canada has a twelve month low of $95.84 and a twelve month high of $128.05. The stock has a market cap of $168.20 billion, a price-to-earnings ratio of 14.40, a P/E/G ratio of 1.81 and a beta of 0.87. The company’s fifty day moving average is $120.50 and its 200 day moving average is $121.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new position in Royal Bank of Canada in the 3rd quarter worth approximately $25,000. Dunhill Financial LLC purchased a new stake in Royal Bank of Canada in the 3rd quarter worth approximately $25,000. Larson Financial Group LLC purchased a new stake in Royal Bank of Canada in the 3rd quarter worth approximately $26,000. Whittier Trust Co. of Nevada Inc. lifted its stake in Royal Bank of Canada by 110.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 118 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in Royal Bank of Canada in the 4th quarter worth approximately $29,000. 45.31% of the stock is owned by institutional investors.

Royal Bank of Canada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be given a dividend of $1.0522 per share. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.03. This represents a $4.21 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date is Monday, January 27th. Royal Bank of Canada’s dividend payout ratio is currently 49.76%.

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.