FY2025 Earnings Forecast for TSE:NA Issued By Desjardins

National Bank of Canada (TSE:NA) – Equities research analysts at Desjardins lowered their FY2025 earnings per share (EPS) estimates for shares of National Bank of Canada in a research note issued to investors on Wednesday, August 27th. Desjardins analyst D. Young now anticipates that the financial services provider will post earnings of $10.90 per share for the year, down from their previous forecast of $11.15. Desjardins has a “Hold” rating and a $149.00 price objective on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share. Desjardins also issued estimates for National Bank of Canada’s FY2026 earnings at $11.50 EPS.

Other analysts have also recently issued reports about the stock. Scotiabank lifted their target price on shares of National Bank of Canada from C$142.00 to C$147.00 and gave the company an “outperform” rating in a research note on Thursday. CIBC boosted their price objective on National Bank of Canada from C$147.00 to C$151.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Cibc World Mkts raised shares of National Bank of Canada from a “strong sell” rating to a “hold” rating in a report on Friday, August 1st. Jefferies Financial Group reduced their price objective on National Bank of Canada from C$157.00 to C$153.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Barclays increased their price objective on shares of National Bank of Canada from C$141.00 to C$147.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. Two research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, National Bank of Canada has a consensus rating of “Hold” and a consensus price target of C$143.17.

National Bank of Canada Stock Up 0.7%

Shares of TSE NA opened at C$144.36 on Monday. National Bank of Canada has a 12 month low of C$106.67 and a 12 month high of C$151.97. The company has a market cap of C$56.49 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 7.14 and a beta of 1.11. The business has a fifty day simple moving average of C$144.13 and a 200-day simple moving average of C$130.33.

National Bank of Canada Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, November 1st. Stockholders of record on Monday, September 29th will be paid a dividend of $1.18 per share. This represents a $4.72 annualized dividend and a dividend yield of 3.3%. National Bank of Canada’s dividend payout ratio is presently 44.93%.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.