TSE:RY FY2026 EPS Estimate Boosted by Erste Group Bank

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Stock analysts at Erste Group Bank increased their FY2026 EPS estimates for Royal Bank of Canada in a research note issued to investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the financial services provider will post earnings of $15.68 per share for the year, up from their prior forecast of $15.61. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

A number of other equities research analysts also recently commented on RY. Canadian Imperial Bank of Commerce lifted their target price on Royal Bank of Canada from C$229.00 to C$242.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. TD Securities raised their price objective on Royal Bank of Canada from C$246.00 to C$260.00 in a research report on Monday, February 9th. Jefferies Financial Group upped their target price on shares of Royal Bank of Canada from C$217.00 to C$220.00 in a research report on Wednesday, February 11th. National Bank Financial increased their target price on shares of Royal Bank of Canada from C$235.00 to C$241.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Finally, BMO Capital Markets lifted their price target on shares of Royal Bank of Canada from C$229.00 to C$245.00 in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Royal Bank of Canada currently has a consensus rating of “Moderate Buy” and a consensus target price of C$238.31.

Royal Bank of Canada Stock Performance

RY opened at C$236.00 on Monday. The stock has a market capitalization of C$330.45 billion, a PE ratio of 16.77, a P/E/G ratio of 3.42 and a beta of 1.28. Royal Bank of Canada has a one year low of C$151.25 and a one year high of C$240.34. The business’s 50 day moving average price is C$232.89 and its 200 day moving average price is C$214.33.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings results on Wednesday, December 3rd. The financial services provider reported C$3.85 earnings per share for the quarter. The business had revenue of C$17.21 billion during the quarter. Royal Bank of Canada had a net margin of 28.23% and a return on equity of 13.27%.

Insider Activity at Royal Bank of Canada

In other Royal Bank of Canada news, Director David Ian Mckay sold 91,288 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the completion of the transaction, the director owned 5,873 shares of the company’s stock, valued at C$1,343,448.75. This trade represents a 93.96% decrease in their position.

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. and other countries.