Research Analysts Offer Predictions for RY FY2026 Earnings

Royal Bank Of Canada (NYSE:RY) (TSE:RY) – Erste Group Bank reduced their FY2026 EPS estimates for shares of Royal Bank Of Canada in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the financial services provider will earn $11.87 per share for the year, down from their prior estimate of $12.83. The consensus estimate for Royal Bank Of Canada’s current full-year earnings is $11.83 per share. Erste Group Bank also issued estimates for Royal Bank Of Canada’s FY2027 earnings at $12.92 EPS.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its quarterly earnings results on Thursday, August 27th. The financial services provider reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.18. The business had revenue of $13.22 billion during the quarter, compared to analysts’ expectations of $12.98 billion. Royal Bank Of Canada had a return on equity of 17.79% and a net margin of 16.17%.

A number of other equities research analysts have also recently weighed in on the company. Barclays restated an “overweight” rating on shares of Royal Bank Of Canada in a research note on Friday, August 21st. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a report on Friday, August 28th. Keefe, Bruyette & Woods assumed coverage on shares of Royal Bank Of Canada in a research report on Friday, August 21st. They issued a “market perform” rating on the stock. TD Securities restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Wednesday, August 12th. Finally, Argus set a $225.00 target price on shares of Royal Bank Of Canada in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Royal Bank Of Canada has an average rating of “Moderate Buy” and an average price target of $225.00.

Royal Bank Of Canada Stock Performance

Shares of NYSE RY opened at $204.20 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.10. Royal Bank Of Canada has a 12 month low of $143.13 and a 12 month high of $218.57. The stock has a 50 day moving average of $209.55 and a 200-day moving average of $191.05. The company has a market capitalization of $283.14 billion, a P/E ratio of 17.87, a P/E/G ratio of 1.84 and a beta of 0.79.

Institutional Investors Weigh In On Royal Bank Of Canada

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harvest Fund Management Co. Ltd bought a new position in Royal Bank Of Canada during the 4th quarter worth $25,000. Key Financial Inc grew its holdings in shares of Royal Bank Of Canada by 63.0% during the 1st quarter. Key Financial Inc now owns 163 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 63 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new position in shares of Royal Bank Of Canada in the second quarter worth $28,000. Maseco LLP raised its stake in Royal Bank Of Canada by 355.0% in the first quarter. Maseco LLP now owns 182 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 142 shares in the last quarter. Finally, Highland Investment Advisors LLC bought a new stake in Royal Bank Of Canada during the second quarter worth about $31,000. 45.31% of the stock is currently owned by institutional investors and hedge funds.

Royal Bank Of Canada Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Monday, October 26th will be given a dividend of $1.76 per share. This represents a $7.04 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, October 26th. Royal Bank Of Canada’s dividend payout ratio is presently 43.39%.

About Royal Bank Of Canada

Royal Bank of Canada (RBC) is a diversified financial services company headquartered in Toronto, Canada. Founded in 1864, it is one of Canada’s largest banks and serves individuals, businesses, institutions and governments.

RBC provides personal and commercial banking products, including deposit accounts, mortgages, consumer and business loans, credit cards and payment services. Through its wealth management operations, the company offers investment advice, brokerage, asset management, trust and estate services, and private banking.