What is Cormark’s Forecast for TSE:LB Q2 Earnings?

Laurentian Bank of Canada (TSE:LB) – Stock analysts at Cormark issued their Q2 2025 earnings per share (EPS) estimates for Laurentian Bank of Canada in a research note issued to investors on Tuesday, May 20th. Cormark analyst L. Persaud anticipates that the company will post earnings of $0.65 per share for the quarter. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share.

A number of other research firms also recently commented on LB. Raymond James decreased their target price on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research report on Monday, March 3rd. Jefferies Financial Group reduced their price objective on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. BMO Capital Markets reduced their price objective on Laurentian Bank of Canada from C$31.00 to C$30.00 in a research note on Monday, March 3rd. National Bankshares reduced their price objective on Laurentian Bank of Canada from C$27.00 to C$25.00 and set an “underperform” rating on the stock in a research note on Thursday. Finally, CIBC reduced their price objective on Laurentian Bank of Canada from C$31.00 to C$29.00 in a research note on Thursday. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$27.13.

Laurentian Bank of Canada Trading Up 0.6%

TSE:LB opened at C$28.17 on Friday. The company has a market capitalization of C$1.24 billion, a P/E ratio of -224.68, a P/E/G ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a 12 month low of C$24.37 and a 12 month high of C$31.74. The business’s 50-day moving average is C$26.96 and its 200 day moving average is C$27.81.

Laurentian Bank of Canada Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Thursday, May 1st were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date was Tuesday, April 1st. 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.