National Bank Financial Weighs in on RY Q2 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Investment analysts at National Bank Financial lifted their Q2 2025 earnings per share (EPS) estimates for shares of Royal Bank of Canada in a report released on Thursday, May 15th. National Bank Financial analyst G. Dechaine now anticipates that the financial services provider will post earnings per share of $2.35 for the quarter, up from their previous estimate of $2.30. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share.

Other analysts have also recently issued reports about the company. StockNews.com upgraded Royal Bank of Canada from a “sell” rating to a “hold” rating in a research report on Friday, May 9th. CIBC raised shares of Royal Bank of Canada from a “neutral” rating to a “sector outperform” rating in a research note on Friday, April 4th. Scotiabank assumed coverage on shares of Royal Bank of Canada in a research note on Thursday, May 15th. They issued a “sector outperform” rating on the stock. Finally, Cibc World Mkts upgraded Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Royal Bank of Canada presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

Royal Bank of Canada Price Performance

Shares of Royal Bank of Canada stock opened at $126.44 on Monday. The firm has a market cap of $178.84 billion, a PE ratio of 15.31, a P/E/G ratio of 1.80 and a beta of 0.89. Royal Bank of Canada has a twelve month low of $102.44 and a twelve month high of $128.05. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $116.66 and a 200 day moving average price of $119.42.

Institutional Investors Weigh In On Royal Bank of Canada

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Royal Bank of Canada in the 4th quarter worth $2,425,519,000. Goldman Sachs Group Inc. grew its stake in shares of Royal Bank of Canada by 129.9% in the first quarter. Goldman Sachs Group Inc. now owns 7,063,761 shares of the financial services provider’s stock valued at $796,227,000 after buying an additional 3,990,839 shares in the last quarter. Vanguard Group Inc. increased its stake in Royal Bank of Canada by 5.7% during the first quarter. Vanguard Group Inc. now owns 62,571,520 shares of the financial services provider’s stock worth $7,048,307,000 after purchasing an additional 3,387,971 shares during the period. Canada Pension Plan Investment Board increased its stake in Royal Bank of Canada by 104.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,346,768 shares of the financial services provider’s stock worth $715,043,000 after buying an additional 3,244,266 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Royal Bank of Canada by 31.2% during the 4th quarter. Geode Capital Management LLC now owns 8,382,278 shares of the financial services provider’s stock worth $1,027,061,000 after buying an additional 1,991,364 shares in the last quarter. Institutional investors and hedge funds own 45.31% of the company’s stock.

Royal Bank of Canada Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be given a $1.0251 dividend. The ex-dividend date is Thursday, April 24th. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.24%. Royal Bank of Canada’s dividend payout ratio (DPR) is presently 46.18%.

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.