Raymond James Analysts Lower Earnings Estimates for TSE:LB

Laurentian Bank of Canada (TSE:LB) – Stock analysts at Raymond James dropped their Q1 2026 earnings estimates for shares of Laurentian Bank of Canada in a research report issued on Tuesday, May 27th. Raymond James analyst S. Boland now anticipates that the company will earn $0.91 per share for the quarter, down from their previous forecast of $0.92. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share.

LB has been the subject of a number of other reports. National Bankshares cut their price objective on Laurentian Bank of Canada from C$27.00 to C$25.00 and set an “underperform” rating for the company in a research note on Thursday, May 22nd. CIBC cut their price objective on Laurentian Bank of Canada from C$31.00 to C$29.00 in a research note on Thursday, May 22nd. Scotiabank dropped their price target on 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. BMO Capital Markets dropped their price target on Laurentian Bank of Canada from C$31.00 to C$30.00 in a research note on Monday, March 3rd. Finally, Jefferies Financial Group dropped their price target on Laurentian Bank of Canada from C$29.00 to C$27.00 in a research note on Monday, April 21st. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$27.13.

Laurentian Bank of Canada Trading Up 7.8%

Shares of TSE:LB opened at C$31.09 on Friday. The stock has a 50 day moving average of C$27.15 and a 200 day moving average of C$27.88. The company has a market cap of C$1.37 billion, a PE ratio of -247.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a 12-month low of C$24.37 and a 12-month high of C$31.74.

Laurentian Bank of Canada Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, May 1st were paid a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.05%. Laurentian Bank of Canada’s payout ratio is -1,499.45%.

About Laurentian Bank of Canada

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.