Raymond James Issues Negative Estimate for TSE:LB Earnings

Laurentian Bank of Canada (TSE:LB) – Investment analysts at Raymond James lowered their Q2 2025 earnings estimates for shares of Laurentian Bank of Canada in a research note issued on Monday, March 3rd. Raymond James analyst S. Boland now anticipates that the company will post earnings of $0.79 per share for the quarter, down from their prior estimate of $1.02. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share. Raymond James also issued estimates for Laurentian Bank of Canada’s Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.88 EPS and FY2025 earnings at $3.21 EPS.

LB has been the subject of several other reports. Scotiabank lowered their price target on shares of Laurentian Bank of Canada from C$33.00 to C$28.00 and set a “sector perform” rating for the company in a research note on Thursday, February 20th. Jefferies Financial Group boosted their price target on shares of Laurentian Bank of Canada from C$29.00 to C$30.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. BMO Capital Markets lowered their price target on shares of Laurentian Bank of Canada from C$31.00 to C$30.00 in a research note on Monday. National Bankshares boosted their price target on shares of Laurentian Bank of Canada from C$25.00 to C$27.00 and gave the stock an “underperform” rating in a research note on Monday, December 9th. Finally, CIBC boosted their price target on shares of Laurentian Bank of Canada from C$28.00 to C$31.00 in a research note on Tuesday, November 26th. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$28.00.

Laurentian Bank of Canada Stock Up 0.6 %

Laurentian Bank of Canada stock opened at C$26.80 on Thursday. The company has a market capitalization of C$1.18 billion, a PE ratio of -213.75, a P/E/G ratio of 0.76 and a beta of 1.25. The firm has a fifty day simple moving average of C$28.21 and a two-hundred day simple moving average of C$27.71. Laurentian Bank of Canada has a twelve month low of C$24.45 and a twelve month high of C$31.74.

Laurentian Bank of Canada Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Saturday, March 15th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date is Friday, March 7th. Laurentian Bank of Canada’s payout ratio is -1,499.45%.

Laurentian Bank of Canada Company Profile

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.