NYSE:RY - Royal Bank of Canada Stock Price, News, & Analysis

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$70.17 -0.30 (-0.43 %)
(As of 12/17/2018 02:37 PM ET)
Previous Close$70.47
Today's Range$69.86 - $70.60
52-Week Range$69.75 - $87.10
Volume64,965 shs
Average Volume772,330 shs
Market Capitalization$101.55 billion
P/E Ratio10.73
Dividend Yield4.31%
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts; home equity and auto financing, personal lending, private banking, mutual fund, self-directed brokerage account, and guaranteed investment certificate services; and credit cards, and payment products and solutions for individuals. It also provides lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, and trade products and services to small and medium-sized commercial businesses. In addition, this segment offers international financing and trade promotion services through branches, automated teller machines, and online and mobile banking. The company's Wealth Management provides investment, trust, banking, credit, and other wealth management solutions to high and ultra-high net worth clients; and asset management products to institutional and individual clients through its distribution channels and third-party distributors. Its Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. The company's Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. Its Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. The company was founded in 1864 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Current SymbolNYSE:RY
Previous Symbol


Debt-to-Equity Ratio0.12
Current Ratio0.91
Quick Ratio0.91


Trailing P/E Ratio10.73
Forward P/E Ratio10.35
P/E Growth1.43

Sales & Book Value

Annual Sales$43.93 billion
Price / Sales2.30
Cash Flow$7.4254 per share
Price / Cash Flow9.45
Book Value$39.72 per share
Price / Book1.77


EPS (Most Recent Fiscal Year)$6.53
Net Income$9.64 billion
Net Margins21.60%
Return on Equity18.09%
Return on Assets0.98%


Outstanding Shares1,440,980,000
Market Cap$101.55 billion

Royal Bank of Canada (NYSE:RY) Frequently Asked Questions

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, November 28th. Stockholders of record on Thursday, January 24th will be paid a dividend of $0.745 per share on Friday, February 22nd. This represents a $2.98 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend is Wednesday, January 23rd. View Royal Bank of Canada's Dividend History.

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

Royal Bank of Canada declared that its board has approved a stock buyback program on Monday, February 26th 2018, which authorizes the company to repurchase 30,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

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

Royal Bank of Canada (NYSE:RY) issued its quarterly earnings results on Wednesday, November, 28th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.61 by $0.10. The financial services provider had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $11.14 billion. Royal Bank of Canada had a return on equity of 18.09% and a net margin of 21.60%. The firm's revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 EPS. View Royal Bank of Canada's Earnings History.

When is Royal Bank of Canada's next earnings date?

Royal Bank of Canada is scheduled to release their next quarterly earnings announcement on Friday, February 22nd 2019. View Earnings Estimates for Royal Bank of Canada.

What price target have analysts set for RY?

12 analysts have issued 1-year price objectives for Royal Bank of Canada's shares. Their predictions range from $89.00 to $115.00. On average, they anticipate Royal Bank of Canada's share price to reach $102.00 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Price Targets for Royal Bank of Canada.

What is the consensus analysts' recommendation for Royal Bank of Canada?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last year. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Royal Bank of Canada.

Has Royal Bank of Canada been receiving favorable news coverage?

News stories about RY stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Royal Bank of Canada earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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:
  • Mr. David I. McKay, Pres, CEO & Director (Age 55)
  • Mr. Rod Bolger, Chief Financial Officer
  • Ms. Jennifer Tory, Chief Admin. Officer
  • Mr. Douglas A. Guzman, Group Head of Wealth Management & Insurance
  • Mr. A. Douglas McGregor, Group Head of Capital Markets, Investor & Treasury Services (Age 61)

Who are Royal Bank of Canada's major shareholders?

Royal Bank of Canada's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.61%), Vanguard Group Inc (2.61%), TD Asset Management Inc. (2.59%), FIL Ltd (1.48%), Toronto Dominion Bank (1.41%) and Beutel Goodman & Co Ltd. (1.25%).

Which major investors are selling Royal Bank of Canada stock?

RY stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Capital Research Global Investors, Canada Pension Plan Investment Board, Beutel Goodman & Co Ltd., Franklin Resources Inc., Gulf International Bank UK Ltd, Mackenzie Financial Corp and Legal & General Group Plc.

Which major investors are buying Royal Bank of Canada stock?

RY stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Capital World Investors, Pathstone Family Office LLC, JPMorgan Chase & Co., Vanguard Group Inc, Vanguard Group Inc., Acadian Asset Management LLC and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp.

How do I buy shares of Royal Bank of Canada?

Shares of RY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 RY stock can currently be purchased for approximately $70.0420.

How big of a company is Royal Bank of Canada?

Royal Bank of Canada has a market capitalization of $101.55 billion and generates $43.93 billion in revenue each year. The financial services provider earns $9.64 billion in net income (profit) each year or $6.53 on an earnings per share basis. Royal Bank of Canada employs 81,870 workers across the globe.

What is Royal Bank of Canada's official website?

The official website for Royal Bank of Canada is http://www.rbc.com.

How can I contact Royal Bank of Canada?

Royal Bank of Canada's mailing address is 200 BAY STREET, TORONTO A6, M5J2J5. The financial services provider can be reached via phone at 888-212-5533 or via email at [email protected]

MarketBeat Community Rating for Royal Bank of Canada (NYSE RY)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  462 (Vote Outperform)
Underperform Votes:  633 (Vote Underperform)
Total Votes:  1,095
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 RY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/17/2018 by MarketBeat.com Staff

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