Brokers Offer Predictions for TSE:LB FY2025 Earnings
Laurentian Bank of Canada (TSE:LB - Free Report) - Research analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for shares of Laurentian Bank of Canada in a report issued on Thursday, May 15th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings of $3.17 per share for the year, down from their previous estimate of $3.24. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share. National Bank Financial also issued estimates for Laurentian Bank of Canada's FY2026 earnings at $3.80 EPS.
LB has been the topic of several other research reports. BMO Capital Markets lowered their price target on Laurentian Bank of Canada from C$31.00 to C$30.00 in a report on Monday, March 3rd. Jefferies Financial Group lowered their target price on shares of Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. Raymond James dropped their target price on shares of Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday, March 3rd. Finally, Scotiabank decreased their price target on shares of Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating for the company in a report on Thursday, February 20th. Three analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of C$27.63.
Read Our Latest Research Report on Laurentian Bank of Canada
Shares of TSE LB opened at C$27.77 on Monday. The firm has a market cap of C$1.22 billion, a price-to-earnings ratio of -221.49, a P/E/G ratio of 0.76 and a beta of 1.25. The business's 50-day simple moving average is C$26.84 and its 200-day simple moving average is C$27.77. Laurentian Bank of Canada has a 52 week low of C$24.37 and a 52 week high of C$31.74.
The company also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Thursday, May 1st were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date of this dividend was Tuesday, April 1st. Laurentian Bank of Canada's dividend payout ratio (DPR) is presently -1,499.45%.
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.
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