National Bank Financial Predicts TSE:RY FY2026 Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – National Bank Financial issued their FY2026 earnings per share estimates for Royal Bank of Canada in a report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will post earnings of $14.40 per share for the year. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its earnings results on Wednesday, August 28th. The financial services provider reported C$3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$2.95 by C$0.31. Royal Bank of Canada had a net margin of 28.67% and a return on equity of 13.68%. The company had revenue of C$14.63 billion during the quarter, compared to analysts’ expectations of C$14.27 billion.

Several other equities research analysts also recently issued reports on RY. CIBC boosted their price objective on shares of Royal Bank of Canada from C$166.00 to C$167.00 in a research note on Friday, September 6th. Barclays upgraded shares of Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Desjardins boosted their price target on Royal Bank of Canada from C$156.00 to C$163.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Bank of America raised their target price on shares of Royal Bank of Canada from C$162.00 to C$180.00 in a report on Thursday, August 29th. Finally, BMO Capital Markets increased their price objective on shares of Royal Bank of Canada from C$165.00 to C$195.00 in a report on Monday, November 18th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$168.00.

Royal Bank of Canada Stock Down 0.0 %

Shares of TSE:RY opened at C$174.71 on Thursday. The company has a market cap of C$246.34 billion, a P/E ratio of 15.47, a P/E/G ratio of 3.42 and a beta of 0.84. The business has a fifty day simple moving average of C$170.00 and a 200-day simple moving average of C$156.75. Royal Bank of Canada has a 52 week low of C$115.57 and a 52 week high of C$175.32.

Royal Bank of Canada Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 22nd were given a $1.42 dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.25%. Royal Bank of Canada’s dividend payout ratio is currently 50.31%.

Insider Transactions at Royal Bank of Canada

In related news, Director David Ian Mckay sold 74,852 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$164.59, for a total value of C$12,320,115.24. Also, Senior Officer Douglas Antony Guzman sold 7,500 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of C$166.96, for a total value of C$1,252,207.50. Following the transaction, the insider now owns 25 shares of the company’s stock, valued at C$4,174.03. This represents a 99.67 % decrease in their ownership of the stock. In the last quarter, insiders have sold 144,770 shares of company stock valued at $23,959,265.

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.