Analysts See $0.63 EPS for Canadian Western Bank (CWB)

Marco Green
August 23, 2017

Analysts await Royal Bank Of Canada (NASDAQ:RY) to report earnings on Aug, 23 for the fiscal quarter ending Jul 2017. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 4.38%, annually. Laurentian Bank of Canada (TSE:LB) has 0.00% since August 23, 2016 and is. After $1.39 actual EPS reported by Laurentian Bank of Canada for the previous quarter, Wall Street now forecasts 5.76 % EPS growth.

Total revenue for the three months ended July 31 was $9.99 billion, down 2.6 per cent from a year ago. Royal Bank Of Canada had a return on equity of 16.69% and a net margin of 23.16%. This is assuming the current $1.47 EPS is accurate.

Shares of Laurentian Bank of Canada (TSE LB) opened at 53.53 on Tuesday. The company has market cap of $751.92 million. The company's 50-day moving average is $54.37 and its 200-day moving average is $56.06. This represents a $2.48 dividend on an annualized basis and a yield of 4.63%. Royal Bank Of Canada's dividend payout ratio (DPR) is presently 49.36%. The firm has "Buy" rating by Argus Research given on Monday, December 12. The stock increased 0.43% or $0.24 on August 21, reaching $55.53. They now have a C$60.00 price objective on the stock. Zacks Investment Research upgraded shares of National Bank of Canada from a "hold" rating to a "buy" rating and set a $47.00 price target on the stock in a report on Wednesday, July 5th.

Cumberland Partners Ltd decreased Royal Bank Of Canada (RY) stake by 3.83% reported in 2016Q4 SEC filing. Scotiabank lowered their target price on Canadian Western Bank from C$29.00 to C$28.00 and set a "sector perform" rating for the company in a report on Friday, June 2nd. The stock has "Buy" rating by TD Securities on Monday, February 27. The company presently has a consensus rating of "Hold" and a consensus price target of $87.57. The legal version of this article can be viewed at https://weekherald.com/2017/08/22/laurentian-bank-of-canada-lb-scheduled-to-post-earnings-on-tuesday.html. If you are reading this story on another publication, it was illegally copied and republished in violation of US and global copyright and trademark laws.

National Bank of Canada has a 52-week low of $34.19 and a 52-week high of $46.10. The company was maintained on Monday, August 15 by Citigroup. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.

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