FY2027 Earnings Forecast for TSE:NA Issued By Desjardins

National Bank of Canada (TSE:NA) – Equities researchers at Desjardins issued their FY2027 EPS estimates for shares of National Bank of Canada in a report released on Tuesday, November 11th. Desjardins analyst D. Young forecasts that the financial services provider will post earnings per share of $13.00 for the year. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share.

NA has been the topic of a number of other reports. Cibc World Mkts raised shares of National Bank of Canada from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Barclays raised their price objective on National Bank of Canada from C$141.00 to C$147.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. TD Securities raised their price target on National Bank of Canada from C$148.00 to C$161.00 in a research report on Monday. Jefferies Financial Group decreased their price objective on shares of National Bank of Canada from C$157.00 to C$153.00 and set a “hold” rating on the stock in a research report on Thursday, August 28th. Finally, Scotiabank increased their price objective on shares of National Bank of Canada from C$150.00 to C$159.00 in a research note on Friday, October 10th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$146.92.

National Bank of Canada Stock Down 0.2%

TSE NA traded down C$0.28 during trading hours on Thursday, hitting C$162.75. 320,574 shares of the company were exchanged, compared to its average volume of 1,821,762. National Bank of Canada has a 52-week low of C$106.67 and a 52-week high of C$163.44. The company has a 50 day moving average of C$152.19 and a two-hundred day moving average of C$142.88. The firm has a market cap of C$63.83 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 7.14 and a beta of 1.08.

National Bank of Canada Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, November 1st. Shareholders of record on Monday, September 29th were issued a $1.18 dividend. This represents a $4.72 dividend on an annualized basis and a yield of 2.9%. National Bank of Canada’s dividend payout ratio (DPR) is 44.93%.

National Bank of Canada Company Profile

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.