Royal Bank of Canada (TSE:RY, NYSE:RY) has been the subject of recent analyst reports, with several adjustments to earnings estimates and price targets. Research analysts at Cormark, specifically L. Persaud, revised their FY2026 earnings per share (EPS) estimates for the financial services provider downwards to $14.20 from a previous forecast of $14.30, as noted in a report on Friday, May 30th. Separately, Desjardins analyst D. Young, in a note on Thursday, May 29th, decreased Q3 2025 EPS estimates for Royal Bank of Canada to $3.12 from $3.20, and also provided Q4 2025 EPS estimates at $3.18. The consensus estimate for Royal Bank of Canada's current full-year earnings stands at $12.35 per share.

Several other equities analysts have also updated their outlook on Royal Bank of Canada. TD Securities adjusted their price objective downwards from C$180.00 to C$178.00, setting a "hold" rating in a report dated Friday, February 28th. In contrast, CIBC increased its price objective from C$168.00 to C$174.00 in a research note on Thursday, May 22nd. Cibc World Mkts upgraded Royal Bank of Canada from a "hold" rating to a "strong-buy" rating on Thursday, April 3rd. However, National Bank Financial downgraded the bank from a "strong-buy" rating to a "hold" rating in a research note on a recent Thursday. UBS Group revised its price objective for Royal Bank of Canada downwards from C$198.00 to C$196.00 in a research note on Thursday, May 22nd. Additionally, Cormark lowered its price target on Royal Bank of Canada shares from C$194.00 to C$189.00 in a report on Friday, February 28th. Jefferies Financial Group also adjusted its price objective, lowering it from C$195.00 to C$180.00 in a research note on Monday, April 21st.

Despite these mixed adjustments, Royal Bank of Canada maintains a generally positive analyst outlook. Based on data from MarketBeat.com, the stock holds an average rating of "Buy," with an average target price of C$180.33. Currently, analyst ratings are distributed as two "hold" ratings, five "buy" ratings, and five "strong buy" ratings for the company.

On the market, Royal Bank of Canada's stock (RY) opened at C$173.88 on a recent Monday, reportedly up 0.9%. The company's 50-day simple moving average is C$165.80, and its 200-day simple moving average is C$169.49. Over the past 52 weeks, the stock has seen a low of C$140.53 and a high of C$180.45. Royal Bank of Canada has a market capitalization of C$246.04 billion, a price-to-earnings (P/E) ratio of 15.15, a price-to-earnings-growth (P/E/G) ratio of 3.42, and a beta of 0.84.

Royal Bank of Canada also announced an increase to its quarterly dividend. The firm will pay a dividend of $1.54 per share on Friday, August 22nd, to stockholders of record as of Thursday, July 24th. This represents an annualized dividend of $6.16 and a dividend yield of 3.54%. This marks an increase from the previous quarterly dividend of $1.48. The bank's current dividend payout ratio is 49.49%.

Regarding insider activity, reports indicate that insiders have sold 62,330 shares of company stock worth approximately $10,312,755 over the last ninety days or quarter. Specific transactions include Senior Officer Graeme Ashley Hepworth selling 308 shares on Friday, March 21st, at an average price of C$161.89, for a total value of C$49,862.12. Another transaction by Graeme Ashley Hepworth involved the sale of 308 shares on Thursday, May 22nd, at an average price of C$174.06, totaling C$53,611.16. Additionally, Senior Officer Jennifer Kristine Publicover sold 401 shares on Tuesday, April 22nd, at an average price of C$160.27, for a total of C$64,266.71; following this sale, the insider owned 152 shares valued at C$24,360.45, representing a 72.51% decrease in their position. Director David Ian Mckay also sold 20,304 shares on Tuesday, April 22nd, at an average price of C$160.27, for a total transaction value of C$3,254,042.89.

Royal Bank of Canada operates as a diversified financial services company worldwide. Its Personal & Commercial Banking segment provides a comprehensive range of financial products and services. These include checking and savings accounts, home equity financing, personal lending, private banking, indirect lending (such as auto financing), mutual funds, self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions. The segment also caters to small and medium-sized commercial businesses with lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, and trade products and services.