National Bank of Canada (TSE:NA) Hits New 12-Month High – What’s Next?

National Bank of Canada (TSE:NA) reached a new 52-week high on Monday . The stock traded as high as C$230.87 and last traded at C$229.92, with a volume of 48775 shares trading hands. The stock had previously closed at C$229.93.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NA shares. Jefferies Financial Group boosted their price target on National Bank of Canada from C$172.00 to C$188.00 in a research report on Wednesday, May 20th. TD boosted their target price on National Bank of Canada from C$182.00 to C$202.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Scotiabank upped their target price on National Bank of Canada from C$214.00 to C$222.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, June 16th. Desjardins increased their price target on National Bank of Canada from C$215.00 to C$217.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Canaccord Genuity Group lifted their price target on shares of National Bank of Canada from C$205.00 to C$224.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$201.08.

National Bank of Canada Price Performance

The stock’s fifty day simple moving average is C$213.59 and its 200-day simple moving average is C$192.50. The company has a market capitalization of C$88.62 billion, a P/E ratio of 20.36, a PEG ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA) last issued its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The company had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. On average, research analysts predict that National Bank of Canada will post 10.8360791 earnings per share for the current year.

National Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, August 1st. Shareholders of record on Saturday, August 1st will be issued a $1.32 dividend. This is an increase from National Bank of Canada’s previous quarterly dividend of $1.24. The ex-dividend date of this dividend is Monday, June 29th. This represents a $5.28 dividend on an annualized basis and a yield of 2.3%. National Bank of Canada’s payout ratio is 42.83%.

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).