Royal Bank of Canada (RY) EPS Estimated At $1.52

Lloyd Doyle
November 19, 2017

After having $1.89 EPS previously, Royal Bank of Canada's analysts see 0.53% EPS growth. The business had revenue of $7.43 billion for the quarter, compared to analyst estimates of $7.11 billion. Royal Bank of Canada (NYSE:RY) has risen 16.29% since November 18, 2016 and is uptrending.

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Several other equities research analysts have also recently weighed in on the stock.

Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 4 have Buy rating, 2 Sell and 5 Hold. Canaccord Genuity raised their target price on Laurentian Bank of Canada from C$57.00 to C$58.00 and gave the company a buy rating in a research note on Wednesday, December 7th. Laurentian Bank Of Canada had 43 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was downgraded by TD Securities on Monday, April 3 to "Hold".


Shares of Royal Bank Of Canada (NYSE RY) opened at $79.03 on Friday. They set an "underperform" rating for the company. The stock of Royal Bank of Canada (NYSE:RY) has "Buy" rating given on Monday, August 15 by Citigroup. Dundee Securities maintained it with "Neutral" rating and $87 target in Wednesday, September 21 report. This is an increase from Royal Bank Of Canada's previous quarterly dividend of $0.64. About 573,121 shares traded. The company has a market capitalization of $115,500.00, a price-to-earnings ratio of 14.19, a P/E/G ratio of 2.16 and a beta of 1.08. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14. Royal Bank Of Canada has a 52-week low of $64.20 and a 52-week high of $80.98.

Hedge funds have recently added to or reduced their stakes in the company. The firm has "Outperform" rating given on Thursday, August 27 by Scotia Capital. The company has market cap of $86.28 million.

Another recent and important National Bank of Canada (TSE:NA) news was published by Theglobeandmail.com which published an article titled: "Giving home buyers incentives risks creating a house of horrors" on November 17, 2017. Proficio Capital Partners LLC now owns 2,124 shares of the financial services provider's stock valued at $159,000 after acquiring an additional 26 shares during the period. Moreover, Selway Asset Management has 1.12% invested in the company for 229,589 shares. Intact Investment Management Inc. lifted its position in shares of Royal Bank Of Canada by 178.7% during the 3rd quarter. Shareholders of record on Monday, October 2nd were paid a dividend of $0.62 per share. This is a positive change from Royal Bank Of Canada's previous quarterly dividend of $0.64. Laurentian Bank of Canada's dividend payout ratio is now 55.20%.

National Bank of Canada (the Bank) is an integrated group, which provides financial services to consumers, small- and medium-sized enterprises (SMEs) and large corporations in its domestic market and also offers specialized services internationally.

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