Q2 Earnings Estimate for RY Issued By Cormark

Royal Bank of Canada (NYSE:RY) (TSE:RY) – Analysts at 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 post earnings per share of $2.25 for the quarter. The consensus estimate for Royal Bank of Canada’s current full-year earnings is $9.16 per share.

RY has been the subject of several other reports. Wall Street Zen upgraded Royal Bank of Canada from a “sell” rating to a “hold” rating in a report on Friday, May 9th. CIBC reissued an “outperform” rating on shares of Royal Bank of Canada in a research report on Tuesday. Cibc World Mkts raised Royal Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 3rd. Finally, Scotiabank started coverage on Royal Bank of Canada in a research report on Thursday, May 15th. They set a “sector outperform” rating on the stock. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Royal Bank of Canada has an average rating of “Moderate Buy” and a consensus price target of $156.50.

Royal Bank of Canada Stock Performance

NYSE:RY opened at $126.47 on Friday. The business has a 50 day moving average price of $117.22 and a 200-day moving average price of $119.49. Royal Bank of Canada has a fifty-two week low of $102.44 and a fifty-two week high of $128.05. The firm has a market cap of $178.88 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86.

Royal Bank of Canada Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be issued a $1.0251 dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a $4.10 dividend on an annualized basis and a yield of 3.24%. Royal Bank of Canada’s dividend payout ratio is presently 46.18%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC lifted its holdings in Royal Bank of Canada by 84.1% in the 1st quarter. Acadian Asset Management LLC now owns 273,644 shares of the financial services provider’s stock worth $30,810,000 after purchasing an additional 125,044 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Royal Bank of Canada by 6.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,766 shares of the financial services provider’s stock worth $425,000 after acquiring an additional 218 shares during the last quarter. Intech Investment Management LLC increased its stake in Royal Bank of Canada by 22.6% in the 1st quarter. Intech Investment Management LLC now owns 126,753 shares of the financial services provider’s stock worth $14,276,000 after acquiring an additional 23,360 shares during the last quarter. Integrity Alliance LLC. bought a new stake in Royal Bank of Canada in the 1st quarter worth approximately $545,000. Finally, Plato Investment Management Ltd increased its stake in Royal Bank of Canada by 21.3% in the 1st quarter. Plato Investment Management Ltd now owns 30,192 shares of the financial services provider’s stock worth $3,438,000 after acquiring an additional 5,305 shares during the last quarter. 45.31% of the stock is owned by hedge funds and other institutional investors.

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.