FY2027 Earnings Estimate for TSE:NA Issued By Desjardins

National Bank of Canada (TSE:NA) – Research analysts at Desjardins issued their FY2027 earnings per share estimates for shares of National Bank of Canada in a research note issued to investors on Tuesday, November 11th. Desjardins analyst D. Young forecasts that the financial services provider will post earnings of $13.00 per share for the year. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for National Bank of Canada’s current full-year earnings is $10.84 per share.

Other research analysts have also recently issued research reports about the stock. CIBC raised their target price on shares of National Bank of Canada from C$151.00 to C$154.00 and gave the stock a “neutral” rating in a report on Friday, September 5th. TD Securities raised their price target on shares of National Bank of Canada from C$148.00 to C$161.00 in a report on Monday. Jefferies Financial Group lowered their price objective on shares of National Bank of Canada from C$157.00 to C$153.00 and set a “hold” rating for the company in a research note on Thursday, August 28th. Royal Bank Of Canada dropped their target price on shares of National Bank of Canada from C$152.00 to C$148.00 and set a “sector perform” rating for the company in a report on Thursday, August 28th. Finally, Cibc World Mkts raised National Bank of Canada from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$146.92.

National Bank of Canada Price Performance

Shares of National Bank of Canada stock opened at C$162.09 on Thursday. National Bank of Canada has a one year low of C$106.67 and a one year high of C$163.44. The business’s 50 day simple moving average is C$152.55 and its two-hundred day simple moving average is C$143.01. The stock has a market capitalization of C$63.57 billion, a P/E ratio of 15.97, a price-to-earnings-growth ratio of 7.14 and a beta of 1.08.

National Bank of Canada Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, November 1st. Shareholders of record on Monday, September 29th were issued a dividend of $1.18 per share. This represents a $4.72 dividend on an annualized basis and a dividend yield of 2.9%. National Bank of Canada’s dividend payout ratio (DPR) is 44.93%.

National Bank of Canada Company Profile

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.