Desjardins Research Analysts Boost Earnings Estimates for RY

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Research analysts at Desjardins boosted their FY2025 earnings per share estimates for shares of Royal Bank of Canada in a report issued on Wednesday, December 4th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $9.19 for the year, up from their previous forecast of $8.96. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.14 per share. Desjardins also issued estimates for Royal Bank of Canada’s Q4 2025 earnings at $2.34 EPS.

A number of other research analysts have also recently weighed in on RY. Barclays upgraded shares of Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 21st. TD Securities cut shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, BMO Capital Markets reduced their price objective on Royal Bank of Canada from $195.00 to $193.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $156.50.

Royal Bank of Canada Price Performance

Shares of NYSE:RY opened at $126.06 on Monday. Royal Bank of Canada has a fifty-two week low of $91.77 and a fifty-two week high of $128.05. The company’s 50-day moving average is $123.84 and its 200 day moving average is $116.32. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $178.21 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 1.89 and a beta of 0.86.

Royal Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, January 27th will be given a $1.0522 dividend. The ex-dividend date is Monday, January 27th. This represents a $4.21 annualized dividend and a dividend yield of 3.34%. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.03. Royal Bank of Canada’s payout ratio is 52.91%.

Institutional Trading of Royal Bank of Canada

Institutional investors have recently modified their holdings of the business. Addison Advisors LLC raised its holdings in Royal Bank of Canada by 9.5% during the 3rd quarter. Addison Advisors LLC now owns 945 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 82 shares during the period. Mount Yale Investment Advisors LLC raised its stake in shares of Royal Bank of Canada by 1.6% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 5,823 shares of the financial services provider’s stock valued at $619,000 after purchasing an additional 92 shares during the period. Drive Wealth Management LLC lifted its holdings in Royal Bank of Canada by 3.4% during the 3rd quarter. Drive Wealth Management LLC now owns 2,799 shares of the financial services provider’s stock worth $349,000 after purchasing an additional 92 shares in the last quarter. Private Advisor Group LLC boosted its stake in Royal Bank of Canada by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 6,160 shares of the financial services provider’s stock worth $768,000 after purchasing an additional 95 shares during the period. Finally, HB Wealth Management LLC grew its holdings in Royal Bank of Canada by 1.9% during the 2nd quarter. HB Wealth Management LLC now owns 5,287 shares of the financial services provider’s stock valued at $562,000 after buying an additional 100 shares in the last quarter. 45.31% of the stock is currently owned by hedge funds and other 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.