Desjardins Has Positive Estimate for RY FY2025 Earnings

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Equities research analysts at Desjardins increased their FY2025 earnings estimates for Royal Bank of Canada in a research report issued to clients and investors on Wednesday, December 4th. Desjardins analyst D. Young now anticipates that the financial services provider will earn $9.19 per share 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.

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

Royal Bank of Canada Stock Performance

RY stock opened at $125.94 on Monday. The company has a market capitalization of $178.04 billion, a P/E ratio of 15.24, a PEG ratio of 1.89 and a beta of 0.86. The company has a 50-day simple moving average of $123.84 and a 200 day simple moving average of $116.32. Royal Bank of Canada has a fifty-two week low of $91.77 and a fifty-two week 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.

Hedge Funds Weigh In On Royal Bank of Canada

A number of large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its position in Royal Bank of Canada by 6.3% during the third quarter. PNC Financial Services Group Inc. now owns 84,045 shares of the financial services provider’s stock worth $10,483,000 after purchasing an additional 4,980 shares during the period. Legal & General Group Plc lifted its position in Royal Bank of Canada by 1.8% in the second quarter. Legal & General Group Plc now owns 10,504,593 shares of the financial services provider’s stock worth $1,118,150,000 after purchasing an additional 190,341 shares during the period. Creative Planning lifted its position in Royal Bank of Canada by 6.4% in the third quarter. Creative Planning now owns 211,411 shares of the financial services provider’s stock worth $26,369,000 after purchasing an additional 12,693 shares during the period. CIBC Asset Management Inc lifted its position in Royal Bank of Canada by 0.9% in the third quarter. CIBC Asset Management Inc now owns 13,622,472 shares of the financial services provider’s stock worth $1,706,833,000 after purchasing an additional 124,348 shares during the period. Finally, Bridgewater Associates LP raised its stake in Royal Bank of Canada by 150.7% during the third quarter. Bridgewater Associates LP now owns 74,025 shares of the financial services provider’s stock worth $9,249,000 after acquiring an additional 44,494 shares in the last quarter. Institutional investors and hedge funds own 45.31% of the company’s stock.

Royal Bank of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, January 27th will be issued a dividend of $1.0522 per share. This represents a $4.21 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Monday, January 27th. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.03. Royal Bank of Canada’s payout ratio is presently 52.91%.

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.