Desjardins Issues Optimistic Estimate for TSE:RY Earnings

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Equities researchers at Desjardins raised their Q4 2025 earnings estimates for Royal Bank of Canada in a report released on Tuesday, November 11th. Desjardins analyst D. Young now expects that the financial services provider will post earnings per share of $3.57 for the quarter, up from their previous forecast of $3.56. Desjardins has a “Buy” rating and a $214.00 price objective on the stock. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share. Desjardins also issued estimates for Royal Bank of Canada’s FY2026 earnings at $15.20 EPS and FY2027 earnings at $16.20 EPS.

A number of other equities analysts have also recently weighed in on the stock. TD Securities upped their price objective on shares of Royal Bank of Canada from C$208.00 to C$215.00 in a research report on Monday, November 10th. Canaccord Genuity Group increased their price target on Royal Bank of Canada from C$201.00 to C$219.00 and gave the company a “buy” rating in a report on Thursday, August 28th. BMO Capital Markets raised their price objective on Royal Bank of Canada from C$190.00 to C$203.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. CIBC lowered Royal Bank of Canada from an “outperform” rating to a “neutral” rating and set a C$208.00 target price on the stock. in a research report on Friday, September 5th. Finally, Erste Group Bank upgraded Royal Bank of Canada to a “strong-buy” rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Royal Bank of Canada presently has an average rating of “Moderate Buy” and an average price target of C$207.15.

Royal Bank of Canada Price Performance

Royal Bank of Canada stock opened at C$205.46 on Thursday. Royal Bank of Canada has a 12-month low of C$151.25 and a 12-month high of C$209.06. The company has a market capitalization of C$289.76 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 3.42 and a beta of 1.28. The firm’s fifty day moving average price is C$204.22 and its 200 day moving average price is C$188.19.

Royal Bank of Canada Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 24th. Investors of record on Monday, November 24th will be given a dividend of $1.54 per share. This represents a $6.16 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, October 27th. Royal Bank of Canada’s dividend payout ratio is currently 44.78%.

About Royal Bank of Canada

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S.