National Bank of Canada (TSE:NA) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

National Bank of Canada (TSE:NA)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$198.31 and traded as high as C$229.98. National Bank of Canada shares last traded at C$226.10, with a volume of 994,138 shares.

Analyst Ratings Changes

A number of research analysts have recently issued reports on NA shares. Canadian Imperial Bank of Commerce lifted their target price on shares of National Bank of Canada from C$209.00 to C$221.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Canaccord Genuity Group increased their price target on National Bank of Canada from C$205.00 to C$224.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Scotiabank raised their price target on National Bank of Canada from C$214.00 to C$222.00 and gave the company a “sector outperform” rating in a report on Tuesday, June 16th. Desjardins lowered National Bank of Canada from a “buy” rating to a “hold” rating and boosted their price objective for the stock from C$217.00 to C$238.00 in a research note on Wednesday. Finally, Jefferies Financial Group increased their target price on National Bank of Canada from C$172.00 to C$188.00 in a report on Wednesday, May 20th. Two analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$202.83.

National Bank of Canada Stock Performance

The firm’s 50-day moving average is C$220.69 and its two-hundred day moving average is C$199.12. The stock has a market cap of C$87.44 billion, a P/E ratio of 20.09, a PEG ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA) last announced its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. The firm had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. As a group, research analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current year.

National Bank of Canada Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were issued a $1.32 dividend. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. This represents a $5.28 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, June 29th. National Bank of Canada’s dividend payout ratio (DPR) is 42.83%.

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).