Research Analysts Issue Forecasts for TSE:LB FY2025 Earnings

Laurentian Bank of Canada (TSE:LB) – Cormark lowered their FY2025 earnings per share (EPS) estimates for Laurentian Bank of Canada in a research report issued on Monday, March 3rd. Cormark analyst L. Persaud now expects that the company will earn $3.40 per share for the year, down from their previous forecast of $3.61. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share. Cormark also issued estimates for Laurentian Bank of Canada’s FY2026 earnings at $3.75 EPS.

LB has been the subject of several other research reports. Jefferies Financial Group upped their price target on shares of Laurentian Bank of Canada from C$29.00 to C$30.00 and gave the company a “hold” rating in a research report on Monday, December 9th. BMO Capital Markets decreased their target price on Laurentian Bank of Canada from C$31.00 to C$30.00 in a research report on Monday. National Bankshares lifted their price target on Laurentian Bank of Canada from C$25.00 to C$27.00 and gave the company an “underperform” rating in a report on Monday, December 9th. CIBC raised their price objective on Laurentian Bank of Canada from C$28.00 to C$31.00 in a research report on Tuesday, November 26th. Finally, Raymond James decreased their price target on shares of Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday. Three investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$28.00.

Laurentian Bank of Canada Trading Down 0.1 %

LB stock opened at C$26.65 on Wednesday. The firm has a 50-day moving average of C$28.26 and a two-hundred day moving average of C$27.70. The firm has a market capitalization of C$1.17 billion, a PE ratio of -212.56, a P/E/G ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a one year low of C$24.45 and a one year high of C$31.74.

Laurentian Bank of Canada Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Saturday, March 15th will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.05%. The ex-dividend date is Friday, March 7th. Laurentian Bank of Canada’s payout ratio is presently -1,499.45%.

About Laurentian Bank of Canada

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.