Research Analysts Offer Predictions for RY FY2025 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Royal Bank of Canada in a note issued to investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $9.35 per share for the year, down from their prior forecast of $9.62. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share. National Bank Financial also issued estimates for Royal Bank of Canada’s FY2026 earnings at $9.85 EPS.

A number of other analysts have also recently weighed in on the stock. Cibc World Mkts raised shares of Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 3rd. CIBC raised Royal Bank of Canada from a “neutral” rating to a “sector outperform” rating in a report on Friday, April 4th. Finally, StockNews.com raised Royal Bank of Canada from a “sell” rating to a “hold” rating in a research note on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Royal Bank of Canada has an average rating of “Buy” and an average target price of $156.50.

Royal Bank of Canada Price Performance

RY stock opened at $113.75 on Wednesday. The stock has a market cap of $160.58 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 1.80 and a beta of 0.82. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.86 and a quick ratio of 0.86. The company has a 50 day simple moving average of $115.41 and a 200 day simple moving average of $120.30. Royal Bank of Canada has a 1 year low of $95.84 and a 1 year high of $128.05.

Royal Bank of Canada Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be given a dividend of $1.0251 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a $4.10 annualized dividend and a dividend yield of 3.60%. Royal Bank of Canada’s payout ratio is 45.96%.

Institutional Investors Weigh In On Royal Bank of Canada

Hedge funds have recently added to or reduced their stakes in the business. Ruggaard & Associates LLC raised its stake in shares of Royal Bank of Canada by 1.8% during the 4th quarter. Ruggaard & Associates LLC now owns 4,685 shares of the financial services provider’s stock worth $565,000 after purchasing an additional 85 shares during the period. Financial Management Professionals Inc. raised its position in Royal Bank of Canada by 26.8% in the fourth quarter. Financial Management Professionals Inc. now owns 426 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 90 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Royal Bank of Canada by 3.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,860 shares of the financial services provider’s stock valued at $345,000 after acquiring an additional 90 shares during the last quarter. Ballentine Partners LLC grew its position in shares of Royal Bank of Canada by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 4,308 shares of the financial services provider’s stock valued at $519,000 after acquiring an additional 94 shares during the period. Finally, Richardson Financial Services Inc. increased its stake in shares of Royal Bank of Canada by 45.7% during the 4th quarter. Richardson Financial Services Inc. now owns 306 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 96 shares during the last quarter. 45.31% of the stock is currently owned by institutional investors.

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.