National Bank of Canada (TSE:NA) Sets New 1-Year High – Should You Buy?

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Scotiabank upped their target price on National Bank of Canada from C$214.00 to C$222.00 and gave the company a “sector outperform” rating in a research report on Tuesday, June 16th. Desjardins raised their target price on National Bank of Canada from C$215.00 to C$217.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Canaccord Genuity Group lifted their price objective on shares of National Bank of Canada from C$205.00 to C$224.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Raymond James Financial cut their price objective on National Bank of Canada from C$206.50 to C$203.00 and set a “market perform” rating for the company in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada reduced their target price on National Bank of Canada from C$193.00 to C$180.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$201.08.

National Bank of Canada Stock Performance

The firm has a market capitalization of C$88.54 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 7.14 and a beta of 1.35. The stock’s 50 day simple moving average is C$212.61 and its two-hundred day simple moving average is C$191.74.

National Bank of Canada (TSE:NA) last released its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share 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%. Equities research analysts expect that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

National Bank of Canada Increases Dividend

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

National Bank of Canada Company Profile

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).