National Bank of Canada (TSE:NA) – Analysts at Cormark issued their FY2019 earnings per share (EPS) estimates for shares of National Bank of Canada in a research note issued to investors on Friday. Cormark analyst M. Grauman expects that the financial services provider will post earnings per share of $6.06 for the year.

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A number of other equities research analysts also recently weighed in on NA. Scotiabank lifted their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company an “outperform” rating in a report on Monday, August 21st. TD Securities lifted their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “hold” rating in a report on Thursday, August 31st. Royal Bank Of Canada lifted their price objective on National Bank of Canada from C$62.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Canaccord Genuity lifted their price objective on National Bank of Canada from C$60.00 to C$62.00 in a report on Thursday, August 31st. Finally, BMO Capital Markets lifted their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “market perform” rating in a report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. National Bank of Canada presently has a consensus rating of “Hold” and a consensus target price of C$61.58.

National Bank of Canada (TSE:NA) traded down C$0.47 during mid-day trading on Monday, reaching C$63.25. The company had a trading volume of 1,096,792 shares, compared to its average volume of 1,091,169. National Bank of Canada has a fifty-two week low of C$49.42 and a fifty-two week high of C$64.14.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Monday, September 25th were given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.67%. The ex-dividend date was Friday, September 22nd. National Bank of Canada’s dividend payout ratio (DPR) is presently 47.17%.

In other National Bank of Canada news, insider Jean Dagenais sold 10,000 shares of the company’s stock in a transaction on Thursday, September 21st. The shares were sold at an average price of C$58.45, for a total transaction of C$584,500.00. Also, Director Richard Fortin bought 2,000 shares of the company’s stock in a transaction on Friday, September 22nd. The shares were acquired at an average price of C$57.76 per share, with a total value of C$115,520.00. In the last 90 days, insiders purchased 16,900 shares of company stock valued at $988,018 and sold 17,100 shares valued at $980,254.

About National Bank of Canada

Earnings History and Estimates for National Bank of Canada (TSE:NA)

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