What is Cormark’s Estimate for TSE:RY Q2 Earnings?

Royal Bank of Canada (TSE:RY) (NYSE:RY) – Cormark issued their Q2 2025 EPS estimates for Royal Bank of Canada in a research report issued to clients and investors on Tuesday, May 20th. Cormark analyst L. Persaud anticipates that the financial services provider will earn $3.12 per share for the quarter. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $12.35 per share. Cormark also issued estimates for Royal Bank of Canada’s FY2025 earnings at $13.16 EPS and FY2026 earnings at $14.30 EPS.

Other equities research analysts have also recently issued research reports about the company. Scotiabank upgraded Royal Bank of Canada to a “strong-buy” rating in a report on Thursday, May 15th. Jefferies Financial Group decreased their target price on Royal Bank of Canada from C$195.00 to C$180.00 in a research report on Monday, April 21st. National Bankshares set a C$179.00 target price on Royal Bank of Canada and gave the company an “outperform” rating in a report on Thursday. UBS Group cut their price target on Royal Bank of Canada from C$198.00 to C$196.00 in a research note on Thursday. Finally, Cibc World Mkts upgraded shares of Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 3rd. One analyst has rated the stock with a hold rating, five have issued a buy rating and five have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$180.33.

Royal Bank of Canada Trading Up 0.4%

RY stock opened at C$176.08 on Friday. The firm has a 50 day moving average of C$164.66 and a 200-day moving average of C$169.38. The company has a market cap of C$249.15 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 3.42 and a beta of 0.84. Royal Bank of Canada has a 12-month low of C$140.53 and a 12-month high of C$180.45.

Insider Activity

In related news, Director David Ian Mckay sold 20,304 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of C$161.89, for a total transaction of C$3,287,014.56. Also, Senior Officer Graeme Ashley Hepworth sold 308 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of C$169.67, for a total transaction of C$52,257.10. Insiders sold 82,942 shares of company stock valued at $13,809,909 in the last ninety days.

Royal Bank of Canada Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 23rd were issued a $1.48 dividend. The ex-dividend date was Thursday, April 24th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 3.36%. Royal Bank of Canada’s dividend payout ratio (DPR) is presently 49.49%.

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.