FY2026 Earnings Estimate for RY Issued By Erste Group Bank

Royal Bank Of Canada (NYSE:RY) (TSE:RY) – Equities researchers at Erste Group Bank lifted their FY2026 earnings estimates for Royal Bank Of Canada in a research report issued to clients and investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel now forecasts that the financial services provider will earn $11.45 per share for the year, up from their previous forecast of $11.33. The consensus estimate for Royal Bank Of Canada’s current full-year earnings is $9.16 per share.

Several other research firms have also recently commented on RY. Jefferies Financial Group downgraded Royal Bank Of Canada from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Bank Of Canada in a research report on Thursday, January 22nd. TD Securities upgraded shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research note on Thursday, February 19th. Finally, UBS Group reaffirmed a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Royal Bank Of Canada currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

Royal Bank Of Canada Stock Up 0.1%

Shares of NYSE:RY opened at $170.68 on Monday. Royal Bank Of Canada has a 1 year low of $106.10 and a 1 year high of $176.19. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The business’s 50-day moving average is $169.84 and its 200-day moving average is $155.33. The company has a market capitalization of $238.55 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.27 and a beta of 0.79.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last released its earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.51 by $0.25. Royal Bank Of Canada had a net margin of 14.83% and a return on equity of 16.83%. The business had revenue of $12.27 billion for the quarter, compared to analyst estimates of $12.12 billion. During the same quarter in the previous year, the business earned $3.07 earnings per share. Royal Bank Of Canada’s revenue for the quarter was up 14.2% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. SG Trading Solutions LLC bought a new position in Royal Bank Of Canada in the 4th quarter valued at about $538,000. Sunbelt Securities Inc. raised its stake in shares of Royal Bank Of Canada by 33.8% in the fourth quarter. Sunbelt Securities Inc. now owns 756 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 191 shares during the last quarter. Compound Planning Inc. lifted its holdings in shares of Royal Bank Of Canada by 8.3% in the fourth quarter. Compound Planning Inc. now owns 21,469 shares of the financial services provider’s stock valued at $3,660,000 after purchasing an additional 1,652 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in shares of Royal Bank Of Canada during the fourth quarter valued at approximately $567,000. Finally, Corient Private Wealth LLC grew its holdings in Royal Bank Of Canada by 5.2% during the fourth quarter. Corient Private Wealth LLC now owns 35,216 shares of the financial services provider’s stock worth $6,005,000 after buying an additional 1,754 shares in the last quarter. 45.31% of the stock is currently owned by institutional investors and hedge funds.

Royal Bank Of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Monday, January 26th were issued a dividend of $1.64 per share. The ex-dividend date was Monday, January 26th. This is a positive change from Royal Bank Of Canada’s previous quarterly dividend of $1.54. This represents a $6.56 annualized dividend and a yield of 3.8%. Royal Bank Of Canada’s dividend payout ratio is currently 47.66%.

Royal Bank Of Canada Company Profile

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.