Q3 EPS Estimate for Royal Bank of Canada Lifted by Analyst

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

A number of other analysts also recently commented on RY. Scotiabank upgraded shares of Royal Bank of Canada to a “strong-buy” rating in a research report on Thursday, May 15th. CIBC boosted their price target on shares of Royal Bank of Canada from C$182.00 to C$183.00 and gave the stock an “outperform” rating in a research report on Thursday, June 5th. National Bankshares boosted their price target 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. National Bank Financial downgraded shares of Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report on Thursday, May 29th. Finally, Canaccord Genuity Group set a C$194.00 price target on shares of Royal Bank of Canada and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$189.62.

Royal Bank of Canada Trading Down 0.1%

RY stock opened at C$188.50 on Friday. Royal Bank of Canada has a 52 week low of C$151.25 and a 52 week high of C$189.43. The company has a market capitalization 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. The firm’s 50-day moving average is C$179.46 and its two-hundred day moving average is C$171.29.

Royal Bank of Canada Increases Dividend

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

Insider Transactions at Royal Bank of Canada

In other Royal Bank of Canada news, Director David Ian Mckay sold 20,304 shares of the company’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 value of C$3,701,453.72. Also, Senior Officer Graeme Ashley Hepworth sold 308 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of C$182.30, for a total value of C$56,148.92. Insiders sold a total of 63,039 shares of company stock valued at $11,175,413 over the last quarter.

Royal Bank of Canada Company Profile

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.