Desjardins Issues Positive Outlook for RY Earnings

Royal Bank Of Canada (NYSE:RY) (TSE:RY) – Research analysts at Desjardins boosted their Q4 2025 EPS estimates for Royal Bank Of Canada in a note issued to investors on Tuesday, November 11th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $2.57 for the quarter, up from their previous forecast of $2.56. The consensus estimate for Royal Bank Of Canada’s current full-year earnings is $9.16 per share. Desjardins also issued estimates for Royal Bank Of Canada’s FY2027 earnings at $11.50 EPS.

Several other equities analysts also recently issued reports on RY. Argus increased their price objective on shares of Royal Bank Of Canada from $140.00 to $162.00 and gave the company a “buy” rating in a report on Friday, August 29th. Zacks Research lowered shares of Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. CIBC lowered Royal Bank Of Canada from a “sector outperform” rating to a “neutral” rating in a research note on Friday, September 5th. Cibc World Mkts cut Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a report on Friday, September 5th. Finally, Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a research note on Thursday, August 14th. Six research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $177.50.

Royal Bank Of Canada Price Performance

Shares of NYSE:RY traded down $0.50 during midday trading on Thursday, reaching $148.47. 54,675 shares of the company’s stock traded hands, compared to its average volume of 1,179,709. The company has a fifty day simple moving average of $146.30 and a two-hundred day simple moving average of $135.80. Royal Bank Of Canada has a 1 year low of $106.10 and a 1 year high of $149.44. The company has a market cap of $208.40 billion, a P/E ratio of 15.67, a PEG ratio of 1.48 and a beta of 0.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its earnings results on Wednesday, August 27th. The financial services provider reported $2.79 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.43. Royal Bank Of Canada had a return on equity of 16.12% and a net margin of 14.03%.The firm had revenue of $12.26 billion for the quarter, compared to analysts’ expectations of $16.03 billion. During the same period last year, the firm earned $3.26 EPS. The company’s quarterly revenue was up 16.1% on a year-over-year basis.

Hedge Funds Weigh In On Royal Bank Of Canada

Hedge funds have recently made changes to their positions in the stock. Toth Financial Advisory Corp acquired a new position in Royal Bank Of Canada during the 3rd quarter worth about $29,000. True Wealth Design LLC acquired a new position in Royal Bank Of Canada during the third quarter worth approximately $31,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Royal Bank Of Canada in the third quarter valued at approximately $38,000. CoreCap Advisors LLC grew its position in shares of Royal Bank Of Canada by 103.8% during the third quarter. CoreCap Advisors LLC now owns 271 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 138 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Royal Bank Of Canada in the 1st quarter valued at $32,000. Hedge funds and other institutional investors own 45.31% of the company’s stock.

About Royal Bank Of Canada

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.