National Bank Financial Comments on RY FY2026 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Investment analysts at National Bank Financial reduced their FY2026 EPS estimates for shares of Royal Bank of Canada in a note issued to investors on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will earn $10.30 per share for the year, down from their prior estimate of $10.44. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share.

RY has been the subject of a number of other research reports. StockNews.com downgraded shares of Royal Bank of Canada from a “hold” rating to a “sell” rating in a report on Wednesday, January 1st. Barclays raised shares of Royal Bank of Canada from an “equal weight” rating to an “overweight” rating in a report on Thursday, November 21st. BMO Capital Markets cut their price objective on shares of 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. Finally, TD Securities cut shares of Royal Bank of Canada from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Royal Bank of Canada has a consensus rating of “Moderate Buy” and an average price target of $156.50.

Royal Bank of Canada Stock Down 0.3 %

Shares of RY opened at $120.52 on Thursday. Royal Bank of Canada has a 52 week low of $95.84 and a 52 week high of $128.05. The firm has a market cap of $170.45 billion, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 1.81 and a beta of 0.87. The firm’s 50-day simple moving average is $120.71 and its 200 day simple moving average is $121.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new position in shares of Royal Bank of Canada in the third quarter valued at $25,000. Dunhill Financial LLC bought a new position in shares of Royal Bank of Canada during the third quarter valued at about $25,000. Larson Financial Group LLC purchased a new stake in Royal Bank of Canada during the third quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Royal Bank of Canada by 110.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the financial services provider’s stock worth $28,000 after buying an additional 118 shares during the last quarter. Finally, WealthTrak Capital Management LLC purchased a new stake in Royal Bank of Canada during the fourth quarter worth about $28,000. 45.31% of the stock is owned by institutional investors.

Royal Bank of Canada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Monday, January 27th will be paid a dividend of $1.0522 per share. The ex-dividend date of this dividend is Monday, January 27th. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.03. This represents a $4.21 annualized dividend and a yield of 3.49%. Royal Bank of Canada’s dividend payout ratio is currently 49.76%.

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.