Royal Bank of Canada (RY) Stock Price, News & Analysis

Company Overview

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $120.79 to $121.73
• 50-Day Range: $108.54 to $121.23
• 52-Week Range: $100.32 to $128.05
• Volume: 863,929 shs
• Average Volume: 1.09 million shs
• Market Capitalization: $171.14 billion
• P/E Ratio: 14.68
• Dividend Yield: 3.39%
• Price Target: $156.50
• Consensus Rating: Buy

Royal Bank of Canada Stock Analysis - MarketRank™

Royal Bank of Canada scored higher than 93% of companies evaluated by MarketBeat, and ranked 64th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Royal Bank of Canada has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Royal Bank of Canada has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.26%

Earnings Growth

Earnings for Royal Bank of Canada are expected to grow by 10.26% in the coming year, from $9.16 to $10.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Royal Bank of Canada is 14.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Bank of Canada is 14.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.27.

Price to Earnings Growth Ratio

Royal Bank of Canada has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Royal Bank of Canada has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.35% of the float of Royal Bank of Canada has been sold short.

Short Interest Ratio / Days to Cover

Royal Bank of Canada has a short interest ratio ("days to cover") of 13.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Royal Bank of Canada has recently increased by 129.87%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Royal Bank of Canada pays a meaningful dividend of 3.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Royal Bank of Canada has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Royal Bank of Canada is 46.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Royal Bank of Canada will have a dividend payout ratio of 40.69% next year. This indicates that Royal Bank of Canada will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.43

Percentage of Shares Shorted

1.35% of the float of Royal Bank of Canada has been sold short.

Short Interest Ratio / Days to Cover

Royal Bank of Canada has a short interest ratio ("days to cover") of 13.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Royal Bank of Canada has recently increased by 129.87%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

Royal Bank of Canada has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 78 news articles for Royal Bank of Canada this week, compared to 19 articles on an average week.

Search Interest

Only 11 people have searched for RY on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

MarketBeat Follows

8 people have added Royal Bank of Canada to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Royal Bank of Canada insiders have not sold or bought any company stock.

Percentage Held by Institutions

45.31% of the stock of Royal Bank of Canada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RY Stock Analysis - Frequently Asked Questions

How have RY shares performed this year?

Royal Bank of Canada's stock was trading at $120.51 on January 1st, 2025. Since then, RY stock has increased by 0.6% and is now trading at $121.23.
View the best growth stocks for 2025 here.

How were Royal Bank of Canada's earnings last quarter?

Royal Bank of Canada (NYSE:RY) announced its earnings results on Thursday, November, 30th. The financial services provider reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.13. The financial services provider earned $9.59 billion during the quarter, compared to the consensus estimate of $9.63 billion. Royal Bank of Canada had a net margin of 12.08% and a trailing twelve-month return on equity of 15.26%.
Read the conference call transcript.

Does Royal Bank of Canada have any subsidiaries?

Royal Bank of Canada subsidiaries include Brewin Dolphin, WayPay, City National Corporation, BlueBay Asset Management, Mourant Private Wealth, Richardson Barr & Co., Ferris Baker Watts Incorporated, and others.

Who are Royal Bank of Canada's major shareholders?

Royal Bank of Canada's top institutional shareholders include Massachusetts Financial Services Co. MA (0.19%), Bank of New York Mellon Corp (0.09%), Canoe Financial LP (0.07%) and DekaBank Deutsche Girozentrale (0.07%).

How do I buy shares of Royal Bank of Canada?

Shares of RY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Royal Bank of Canada own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royal Bank of Canada investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/30/2023
• Record date for 2/24 Dividend: 1/27/2025
• Ex-Dividend for 2/24 Dividend: 1/27/2025
• Dividend Payable: 2/24/2025
• Record date for 5/23 Dividend: 4/24/2025
• Ex-Dividend for 5/23 Dividend: 4/24/2025
• Today: 5/04/2025
• Dividend Payable: 5/23/2025
• Next Earnings (Estimated): 5/29/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:RY
• CIK: 1000275
• Web: www.rbc.com
• Phone: (888) 212-5533
• Fax: 416-955-7800
• Employees: 91,400
• Year Founded: 1896

Price Target and Rating

• Average Stock Price Target: $156.50
• High Stock Price Target: $193.00
• Low Stock Price Target: $120.00
• Potential Upside/Downside: +29.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.90
• Trailing P/E Ratio: 14.68
• Forward P/E Ratio: 13.23
• P/E Growth: 1.8
• Net Income: $11.92 billion
• Net Margins: 12.08%
• Pretax Margin: 14.78%
• Return on Equity: 15.26%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $60.46 billion
• Price / Sales: 2.83
• Cash Flow: $10.57 per share
• Price / Cash Flow: 11.47
• Book Value: $61.37 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 1,411,680,000
• Free Float: N/A
• Market Cap: $171.14 billion
• Optionable: Optionable
• Beta: 0.82