What is Cormark’s Estimate for TSE:LB FY2025 Earnings?

Laurentian Bank of Canada (TSE:LB) – Analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for Laurentian Bank of Canada in a research report issued to clients and investors on Monday, December 9th. Cormark analyst L. Persaud now forecasts that the company will post earnings of $3.66 per share for the year, down from their previous forecast of $3.79. 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 $4.05 EPS.

Several other research firms also recently commented on LB. National Bankshares lifted their price objective 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. Cibc World Mkts raised shares of Laurentian Bank of Canada to a “hold” rating in a research report on Wednesday, August 21st. CIBC increased their price objective on shares of Laurentian Bank of Canada from C$28.00 to C$31.00 in a research note on Tuesday, November 26th. 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 report on Monday. Finally, Scotiabank boosted their price objective on Laurentian Bank of Canada from C$30.00 to C$33.00 and gave the company a “sector perform” rating in a report on Monday. Three research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, Laurentian Bank of Canada currently has a consensus rating of “Hold” and a consensus target price of C$28.67.

Laurentian Bank of Canada Stock Up 1.7 %

TSE:LB opened at C$30.38 on Wednesday. The stock has a market capitalization of C$1.33 billion, a price-to-earnings ratio of -49.00, a PEG ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a 52 week low of C$24.45 and a 52 week high of C$31.74. The firm has a 50 day moving average of C$27.56 and a 200 day moving average of C$26.77.

Laurentian Bank of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, February 1st. Investors of record on Friday, January 3rd will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.19%. Laurentian Bank of Canada’s dividend payout ratio is currently -303.23%.

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.