Royal Bank Of Canada Company Profile (NYSE:RY)

About Royal Bank Of Canada (NYSE:RY)

Royal Bank Of Canada logoRoyal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions (Canadian Banking), Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:RY
  • CUSIP: N/A
  • Web: www.rbc.com
Capitalization:
  • Market Cap: $117.01 billion
  • Outstanding Shares: 1,457,948,000
Average Prices:
  • 50 Day Moving Avg: $77.05
  • 200 Day Moving Avg: $73.09
  • 52 Week Range: $60.92 - $80.98
P/E:
  • Trailing P/E Ratio: 13.33
  • Foreward P/E Ratio: 12.60
  • P/E Growth: 2.84
Sales & Book Value:
  • Annual Revenue: $31.13 billion
  • Price / Sales: 3.76
  • Book Value: $37.00 per share
  • Price / Book: 2.17
Dividend:
  • Annual Dividend: $2.78
  • Dividend Yield: 3.7%
Profitability:
  • Net Margins: 22.98%
  • Return on Equity: 16.63%
  • Return on Assets: 0.92%
Debt:
  • Debt-to-Equity Ratio: 0.14%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 842,329 shs.
  • Beta: 1.06
  • Short Ratio: 11.06
 

Frequently Asked Questions for Royal Bank Of Canada (NYSE:RY)

What is Royal Bank Of Canada's stock symbol?

Royal Bank Of Canada trades on the New York Stock Exchange (NYSE) under the ticker symbol "RY."

How often does Royal Bank Of Canada pay dividends? What is the dividend yield for Royal Bank Of Canada?

Royal Bank Of Canada announced a quarterly dividend on Wednesday, August 23rd. Investors of record on Thursday, October 26th will be paid a dividend of $0.724 per share on Friday, November 24th. This represents a $2.90 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Wednesday, October 25th. This is a boost from Royal Bank Of Canada's previous quarterly dividend of $0.64. View Royal Bank Of Canada's Dividend History.

How will Royal Bank Of Canada's stock buyback program work?

Royal Bank Of Canada announced that its board has initiated a share repurchase program on Monday, April 10th 2017, which permits the company to buyback 30,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

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

Royal Bank Of Canada (NYSE:RY) released its earnings results on Wednesday, August, 23rd. The company reported $1.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.42 by $0.01. The company had revenue of $7.43 billion for the quarter, compared to analysts' expectations of $7.11 billion. Royal Bank Of Canada had a net margin of 22.98% and a return on equity of 16.63%. During the same period in the previous year, the business earned $1.72 EPS. View Royal Bank Of Canada's Earnings History.

When will Royal Bank Of Canada make its next earnings announcement?

Royal Bank Of Canada is scheduled to release their next quarterly earnings announcement on Wednesday, November, 29th 2017. View Earnings Estimates for Royal Bank Of Canada.

Where is Royal Bank Of Canada's stock going? Where will Royal Bank Of Canada's stock price be in 2017?

11 brokerages have issued 1-year price targets for Royal Bank Of Canada's shares. Their forecasts range from $77.00 to $77.00. On average, they anticipate Royal Bank Of Canada's share price to reach $77.00 in the next twelve months. View Analyst Ratings for Royal Bank Of Canada.

Who are some of Royal Bank Of Canada's key competitors?

Who are Royal Bank Of Canada's key executives?

Royal Bank Of Canada's management team includes the folowing people:

  • Kathleen P. Taylor J.D., Independent Chairman of the Board
  • David I. McKay, President, Chief Executive Officer, Director
  • Rod Bolger, Chief Financial Officer
  • Zabeen Hirji, Chief Human Resource Officer
  • Mark Hughes, Group Chief Risk Officer
  • Mike Dobbins, Head - Strategy and Corporate Development
  • Doug A. Guzman, Group Head - Wealth Management and Insurance
  • A. Douglas McGregor, Group Head - Capital Markets and Investor & Treasury Services
  • Bruce Ross, Group Head - Technology and Operations
  • Jennifer Anne Tory, Group Head - Personal & Commercial Banking

Who owns Royal Bank Of Canada stock?

Royal Bank Of Canada's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (0.19%) and Shell Asset Management Co. (0.03%). View Institutional Ownership Trends for Royal Bank Of Canada.

Who bought Royal Bank Of Canada stock? Who is buying Royal Bank Of Canada stock?

Royal Bank Of Canada's stock was acquired by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc. and Shell Asset Management Co.. View Insider Buying and Selling for Royal Bank Of Canada.

How do I buy Royal Bank Of Canada stock?

Shares of Royal Bank Of Canada can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Royal Bank Of Canada's stock price today?

One share of Royal Bank Of Canada stock can currently be purchased for approximately $80.26.


MarketBeat Community Rating for Royal Bank Of Canada (NYSE RY)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Royal Bank Of Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Royal Bank Of Canada (NYSE:RY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $77.00 (4.06% downside)
Consensus Price Target History for Royal Bank Of Canada (NYSE:RY)
Price Target History for Royal Bank Of Canada (NYSE:RY)
Analysts' Ratings History for Royal Bank Of Canada (NYSE:RY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/21/2017ScotiabankDowngradeOutperform -> Sector PerformLowView Rating Details
8/21/2017Howard WeilDowngradeSector PerformLowView Rating Details
7/18/2017Canaccord GenuityInitiated CoverageHold -> HoldLowView Rating Details
5/18/2017National Bank FinancialReiterated RatingSector Perform OverweightLowView Rating Details
4/3/2017TD SecuritiesDowngradeBuy -> HoldLowView Rating Details
2/27/2017Keefe, Bruyette & WoodsUpgradeUnderperform -> Market PerformN/AView Rating Details
12/12/2016ArgusBoost Price TargetBuy$71.00 -> $77.00N/AView Rating Details
11/30/2016BMO Capital MarketsReiterated RatingHoldN/AView Rating Details
12/1/2016Rafferty Capital MarketsReiterated RatingBuy -> HoldN/AView Rating Details
11/14/2016Credit Suisse GroupReiterated RatingOutperformN/AView Rating Details
11/1/2016Bank of America CorporationInitiated CoverageUnderperformN/AView Rating Details
10/27/2016Barclays PLCReiterated RatingSellN/AView Rating Details
9/21/2016Dundee SecuritiesInitiated CoverageNeutralN/AView Rating Details
9/14/2016Citigroup Inc.Boost Price TargetBuy$89.00 -> $95.00N/AView Rating Details
8/26/2016DesjardinsReiterated RatingBuy$86.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Royal Bank Of Canada (NYSE:RY)
Earnings by Quarter for Royal Bank Of Canada (NYSE:RY)
Earnings History by Quarter for Royal Bank Of Canada (NYSE RY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/29/2017        
8/23/20177/31/2017$1.42$1.41$7.11 billion$7.43 billionViewN/AView Earnings Details
5/25/20174/30/2017$1.34$1.42$6.88 billion$7.75 billionViewN/AView Earnings Details
2/24/2017Q117$1.34$1.40$7.23 billion$9.55 billionViewN/AView Earnings Details
8/24/2016Q316$1.33$1.72$7.27 billion$10.26 billionViewListenView Earnings Details
5/26/2016$1.64$1.66$9.51 billion$9.53 billionViewN/AView Earnings Details
2/24/2016$1.67$1.58$9.49 billion$9.36 billionViewN/AView Earnings Details
12/2/2015Q415$1.64$1.74$8.56 billion$8.02 billionViewN/AView Earnings Details
8/26/2015Q215$1.29$1.25$6.72 billion$7.18 billionViewListenView Earnings Details
5/28/2015Q115$1.30$1.61$6.90 billion$7.06 billionViewListenView Earnings Details
2/25/2015Q414$1.31$1.33$7.28 billion$7.66 billionViewN/AView Earnings Details
12/3/2014Q4$1.58$1.57$8.54 billion$8.38 billionViewN/AView Earnings Details
8/22/2014Q214$1.56$1.62$7.78 billion$8.19 billionViewN/AView Earnings Details
5/22/2014Q2$1.42$1.47$7.75 billion$8.27 billionViewN/AView Earnings Details
2/26/2014Q1$1.45$1.44$8.16 billion$8.45 billionViewN/AView Earnings Details
12/5/2013Q4$1.40$1.40$7.51 billion$7.97 billionViewListenView Earnings Details
8/29/2013Q213$1.38$1.38$7.93 billion$7.22 billionViewN/AView Earnings Details
5/30/2013$1.31$1.29$7.48 billion$7.77 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Royal Bank Of Canada (NYSE:RY)
2017 EPS Consensus Estimate: $5.40
2018 EPS Consensus Estimate: $6.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$1.24$1.36$1.29
Q2 20175$1.22$1.36$1.30
Q3 20176$1.29$1.46$1.37
Q4 20176$1.31$1.58$1.44
Q1 20183$1.35$1.60$1.51
Q2 20182$1.58$1.59$1.59
Q3 20182$1.64$1.66$1.65
Q4 20182$1.64$1.65$1.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Royal Bank Of Canada (NYSE:RY)
Next Dividend:11/24/2017
Annual Dividend:$2.78
Dividend Yield:3.46%
Dividend Growth:-0.60% (3 Year Average)
Payout Ratio:50.36% (Trailing 12 Months of Earnings)
46.03% (Based on This Year's Estimates)
43.64% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Royal Bank Of Canada (NYSE:RY)

Dividend History by Quarter for Royal Bank Of Canada (NYSE RY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/23/2017Quarterly$0.723.9%10/25/201710/26/201711/24/2017
5/25/2017quarterly$0.643.7%7/24/20177/26/20178/24/2017
2/24/2017quarterly$0.663.6%4/21/20174/25/20175/24/2017
11/30/2016quarterly$0.623.98%1/24/20171/26/20172/24/2017
8/25/2016quarterly$0.644.1%10/24/201610/26/201611/24/2016
5/27/2016quarterly$0.623.99%7/22/20167/26/20168/24/2016
2/25/2016quarterly$0.594.71%4/21/20164/25/20165/24/2016
12/2/2015$0.591/22/20161/26/20162/24/2016
8/26/2015Quarterly$0.5910/22/201510/26/201511/24/2015
5/28/2015quarterly$0.633.9%7/23/20157/27/20158/24/2015
2/26/2015quarterly$0.613.94%4/21/20154/23/20155/22/2015
12/4/2014quarterly$0.663.71%1/22/20151/26/20152/24/2015
8/22/2014quarterly$0.693.73%10/23/201410/27/201411/24/2014
5/23/2014quarterly$0.653.77%7/22/20147/24/20148/22/2014
2/27/2014quarterly$0.643.93%4/22/20144/24/20145/23/2014
12/5/2013$0.631/23/20141/27/20142/24/2014
12/6/2013quarterly$0.633.88%1/23/20141/27/20142/24/2014
8/29/2013quarterly$0.644.12%10/22/201310/24/201311/22/2013
5/30/2013quarterly$0.614.01%7/23/20137/25/20138/23/2013
2/28/2013quarterly$0.633.96%4/23/20134/25/20135/24/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Royal Bank Of Canada (NYSE:RY)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Royal Bank Of Canada (NYSE:RY)
Latest Headlines for Royal Bank Of Canada (NYSE:RY)
Source:
DateHeadline
fool.ca logoIMF Downgrades India’s Growth: Where Is Fairfax India Holdings Corp. Headed?
www.fool.ca - October 20 at 4:47 PM
seekingalpha.com logoRBC bullish on accelerated approval of Vertex's triple combo CF therapy, price target raised to $181
seekingalpha.com - October 18 at 12:38 PM
seekingalpha.com logoInovio Pharmaceuticals +2.6% as RBC starts at Outperform
seekingalpha.com - October 17 at 6:40 PM
nasdaq.com logoFinancial Sector Update for 10/16/2017: JPM,RY,RY.TO,CSTR,BCS - Nasdaq
www.nasdaq.com - October 17 at 3:32 PM
bloomberg.com logoNew Mortgage Rules May Push Borrowers to Alternative Banks, RBC Warns
www.bloomberg.com - October 17 at 2:59 PM
seekingalpha.com logoMosaic moves lower as RBC cites uncertainty on outlook, Irma damage
seekingalpha.com - October 17 at 1:49 PM
finance.yahoo.com logoRBC Global Asset Management Inc. announces RBC ETF cash distributions for October 2017
finance.yahoo.com - October 17 at 6:56 AM
cnbc.com logoRBC downgrades Ford, cuts earnings estimates: 'It is still very early in the turnaround'
www.cnbc.com - October 16 at 9:41 AM
wsj.com logoJP Morgan's James Dimon May Hate Bitcoin, but He Loves Blockchain - Wall Street Journal
www.wsj.com - October 16 at 6:18 AM
finance.yahoo.com logoRoyal Bank of Canada collaborates with Wave to be the first bank in North America to integrate a full financial management platform with online banking for small business clients
finance.yahoo.com - October 12 at 3:22 PM
finance.yahoo.com logoWisconsin Hsg. & Econ. Dev. Auth. -- Moody's assigns Aa2/VMIG 1 to Wisconsin HEDA Home Ownership Rev. Bds., 2017 Ser. D
finance.yahoo.com - October 11 at 7:22 AM
seekingalpha.com logoRBC names Disney top pick, seeing ESPN becoming less important
seekingalpha.com - October 9 at 11:52 AM
finance.yahoo.com logoRBC Global Asset Management Inc. announces September sales results for RBC Funds, PH&N Funds and BlueBay Funds and third quarter sales results for RBC ETFs
finance.yahoo.com - October 6 at 8:15 AM
finance.yahoo.com logoLakeshore Trust -- Moody's Canadian ABCP activity for week ended 29 September 2017
finance.yahoo.com - October 6 at 8:15 AM
cnbc.com logoIn oil market's 'Game of Thrones,' Putin is Littlefinger climbing ladder of chaos, RBC analyst says
www.cnbc.com - October 4 at 11:43 AM
seekingalpha.com logoIntelsat jumps 11% as RBC praises Intel C-band sharing
seekingalpha.com - October 3 at 6:52 PM
finance.yahoo.com logoInteractive Brokers (IBKR) DARTs Increase 7% Y/Y in September
finance.yahoo.com - October 3 at 12:00 PM
americanbankingnews.com logo$1.52 Earnings Per Share Expected for Royal Bank Of Canada (RY) This Quarter
www.americanbankingnews.com - October 3 at 12:26 AM
americanbankingnews.com logoRoyal Bank Of Canada (RY) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - October 1 at 11:06 AM
reuters.com logoExclusive: Royal Bank of Canada using blockchain for US/Canada payments - executive - Reuters
www.reuters.com - September 30 at 12:28 AM
reuters.com logoRBC's CEO pushes back on suggestion bitcoin is a fraud - Reuters
www.reuters.com - September 30 at 12:28 AM
marketwatch.com logoRBC Investor & Treasury Services maintains global fund administrator position for fifth year running
www.marketwatch.com - September 29 at 11:19 AM
nasdaq.com logoCanadian Stocks Are Rising Despite Lackluster GDP Report - Canadian Commentary
www.nasdaq.com - September 29 at 11:19 AM
finance.yahoo.com logoTrade Accelerator Program launches nationwide to take Canadian exporters global
finance.yahoo.com - September 22 at 5:46 PM
bizjournals.com logoInitiating Research Reports on Banking Equities -- Royal Bank of Canada, Sterling Bancorp, SunTrust Banks, and PNC Financial Services
www.bizjournals.com - September 19 at 7:20 AM
seekingalpha.com logoTeva sells remaining assets in women's health unit for $1.38B; shares ease 1% premarket as RBC says turnaround to be "prolonged"
seekingalpha.com - September 18 at 8:43 AM
seekingalpha.com logoRBC Capital upgrades Applied Materials
seekingalpha.com - September 18 at 8:43 AM
seekingalpha.com logoRBC Capital sees upside on Hostess Brands
seekingalpha.com - September 18 at 7:13 AM
fool.ca logoBCE Inc. or Royal Bank of Canada: Which Stock Is Best for Your Retirement Portfolio? - The Motley Fool Canada
www.fool.ca - September 13 at 4:44 PM
finance.yahoo.com logoZeus Receivables Trust -- Moody's Canadian ABCP activity for week ended September 8, 2017
finance.yahoo.com - September 13 at 4:44 PM
finance.yahoo.com logoRBC commits US$300,000 in support of Hurricane Irma relief efforts
finance.yahoo.com - September 12 at 9:25 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Royal Bank of Canada's Q3 Adjusted EPS Improved 8% Y-o-Y
finance.yahoo.com - September 12 at 9:25 AM
americanbankingnews.com logoRoyal Bank Of Canada (RY) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 6 at 11:01 AM
finance.yahoo.com logoColorado Springs (City of) CO -- Moody's affirms VMIG 1 on City of Colorado Springs, CO Utilities Rev. Bonds Series 2009C
finance.yahoo.com - September 6 at 7:55 AM
feeds.benzinga.com logoFitapelli Kurta Alleges Financial Advisor David Holz Concentrated 95% of a 91-Year-Old Widow's Portfolio in Puerto Rican Bonds
feeds.benzinga.com - September 6 at 6:46 AM
fool.ca logoRoyal Bank of Canada: Do Earnings Tell the Whole Story?
www.fool.ca - September 5 at 7:42 AM
finance.yahoo.com logoRoyal Bank of Canada breached its 50 day moving average in a Bullish Manner : RY-US : September 4, 2017
finance.yahoo.com - September 5 at 7:42 AM
cnbc.com logoHere’s what to expect from crude post-Harvey, according to RBC
www.cnbc.com - September 4 at 6:10 PM
finance.yahoo.com logoMoody's assigns Prime-1 (sf) rating to Lakeshore Trust Canadian ABCP Program
finance.yahoo.com - September 2 at 8:18 AM
americanbankingnews.com logoHead to Head Review: Mitsubishi UFJ Financial Group (MTU) and Royal Bank Of Canada (RY)
www.americanbankingnews.com - September 2 at 4:22 AM
seekingalpha.com logoBHP Billiton downgraded at RBC on mature asset base
seekingalpha.com - August 31 at 12:58 PM
cnbc.com logoTop Analyst: Amazon is about to take off
www.cnbc.com - August 30 at 9:16 AM
finance.yahoo.com logoRBC first bank in Canada to offer clients personalized digital financial insights and a fully-automated savings service through the award-winning RBC Mobile app
finance.yahoo.com - August 29 at 7:28 AM
finance.yahoo.com logoRoyal Bank of Canada : RY-US: Dividend Analysis : July 26th, 2017 (record date) : By the numbers : August 28, 2017
finance.yahoo.com - August 29 at 7:28 AM
americanbankingnews.com logoRoyal Bank Of Canada to Post FY2017 Earnings of $6.10 Per Share, Cormark Forecasts (RY)
www.americanbankingnews.com - August 28 at 2:52 AM
americanbankingnews.com logoRoyal Bank Of Canada (RY) to Post FY2017 Earnings of $6.00 Per Share, Desjardins Forecasts
www.americanbankingnews.com - August 28 at 2:30 AM
americanbankingnews.com logoRoyal Bank Of Canada (RY) Expected to Announce Earnings of $1.52 Per Share
www.americanbankingnews.com - August 26 at 10:04 PM
americanbankingnews.com logoAnalysts Set Expectations for Royal Bank Of Canada's Q4 2017 Earnings (RY)
www.americanbankingnews.com - August 25 at 9:38 AM
americanbankingnews.com logoResearch Analysts Offer Predictions for Royal Bank Of Canada's Q4 2017 Earnings (RY)
www.americanbankingnews.com - August 25 at 9:38 AM
americanbankingnews.com logoNational Bank Financial Weighs in on Royal Bank Of Canada's FY2017 Earnings (RY)
www.americanbankingnews.com - August 25 at 8:56 AM

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Chart

Royal Bank Of Canada (RY) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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