National Bank of Canada (TSE:NA) Shares Break Above 50 Day Moving Average – Here’s Why

National Bank of Canada (TSE:NA)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$209.52 and traded as high as C$210.24. National Bank of Canada shares last traded at C$209.95, with a volume of 2,768,970 shares trading hands.

Wall Street Analyst Weigh In

NA has been the topic of a number of research reports. Scotiabank raised their price target on National Bank of Canada from C$241.00 to C$243.00 and gave the stock a “sector outperform” rating in a research note on Thursday, August 27th. Barclays boosted their price objective on National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. Raymond James Financial decreased their price objective on National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating for the company in a report on Thursday, August 27th. Royal Bank Of Canada increased their price objective on National Bank of Canada from C$214.00 to C$224.00 and gave the company a “sector perform” rating in a report on Thursday, August 27th. Finally, Jefferies Financial Group raised their target price on shares of National Bank of Canada from C$212.00 to C$213.00 in a research report on Thursday, September 3rd. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$218.50.

National Bank of Canada Stock Performance

The stock has a market capitalization of C$81.67 billion, a PE ratio of 17.84, a price-to-earnings-growth ratio of 7.14 and a beta of 1.28. The business’s 50-day moving average is C$209.06 and its two-hundred day moving average is C$202.22.

National Bank of Canada Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, November 1st. Stockholders of record on Sunday, November 1st will be paid a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, September 28th. National Bank of Canada’s dividend payout ratio is 41.64%.

Insider Activity at National Bank of Canada

In other National Bank of Canada news, Director Yvon Charest purchased 191 shares of National Bank of Canada stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the acquisition, the director directly owned 21,193 shares of the company’s stock, valued at C$4,942,419.53. This represents a 0.91% increase in their ownership of the stock. 0.21% of the stock is owned by corporate insiders.

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).