NYSE:RY - Royal Bank of Canada Stock Price, Price Target & More

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$76.30 +0.63 (+0.83 %)
(As of 06/24/2018 06:52 AM ET)
Previous Close$76.30
Today's Range$75.53 - $76.46
52-Week Range$70.43 - $87.10
Volume738,105 shs
Average Volume683,520 shs
Market Capitalization$109.12 billion
P/E Ratio11.97
Dividend Yield3.91%
Beta1.15
Royal Bank of Canada logoRoyal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. This segment also provides a suite of financial products and services to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals. Its Wealth Management segment offers a suite of investment, trust, banking, credit, and other wealth management solutions to high net worth and ultra-high net worth clients; and asset management products and services directly to institutional and individual clients through its distribution channels and third-party distributors. The company's Insurance segment provides life, health, home, auto, travel, wealth, group, and reinsurance products and solutions through retail insurance branches, field sales representatives, advice centers, and online network, as well as through independent insurance advisors and affinity relationships. Its Investor and Treasury Services segment offers asset services, custody, payments, and treasury services for financial and other institutional investors. This segment also provides cash management, correspondent banking, and trade finance for financial institutions; and short-term funding and liquidity management services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, and structuring and trading for public and private companies, institutional investors, governments, and central banks. Royal Bank of Canada was founded in 1864 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:RY
CUSIPN/A
Phone416-974-2774

Debt

Debt-to-Equity Ratio0.13
Current Ratio0.91
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio11.97
Forward P/E Ratio11.65
P/E Growth1.37

Sales & Book Value

Annual Sales$40.37 billion
Price / Sales2.73
Cash Flow$7.0387 per share
Price / Cash10.84
Book Value$37.90 per share
Price / Book2.01

Profitability

EPS (Most Recent Fiscal Year)$6.06
Net Income$8.74 billion
Net Margins21.75%
Return on Equity17.76%
Return on Assets0.97%

Miscellaneous

EmployeesN/A
Outstanding Shares1,442,010,000

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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 Friday, May 25th. Investors of record on Thursday, July 26th will be given a dividend of $0.7296 per share on Friday, August 24th. This represents a $2.92 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Wednesday, July 25th. 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 buyback plan on Monday, February 26th 2018, which allows the company to buyback 30,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually 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 quarterly earnings results on Thursday, May, 24th. The financial services provider reported $1.65 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.03. The financial services provider had revenue of $7.89 billion for the quarter, compared to the consensus estimate of $7.95 billion. Royal Bank of Canada had a return on equity of 17.76% and a net margin of 21.75%. 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 Wednesday, August, 22nd 2018. View Earnings Estimates for Royal Bank of Canada.

What price target have analysts set for RY?

9 equities research analysts have issued 1-year price targets for Royal Bank of Canada's stock. Their predictions range from $94.00 to $105.00. On average, they anticipate Royal Bank of Canada's stock price to reach $100.50 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:
  • 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 and Deputy Chair of Capital Markets
  • Mr. A. Douglas McGregor, Group Head of Capital Markets, Investor & Treasury Services (Age 61)

Has Royal Bank of Canada been receiving favorable news coverage?

Media stories about RY stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Bank of Canada earned a coverage optimism score of 0.13 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 44.16 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 investors include CIBC World Markets Inc. (1.67%), Caisse DE Depot ET Placement DU Quebec (0.99%), CIBC Asset Management Inc (0.95%), Great West Life Assurance Co. Can (0.89%), The Manufacturers Life Insurance Company (0.87%) and Toronto Dominion Bank (0.87%). View Institutional Ownership Trends for Royal Bank of Canada.

Which institutional investors are selling Royal Bank of Canada stock?

RY stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Caisse DE Depot ET Placement DU Quebec, AGF Investments Inc., CIBC Asset Management Inc, Fiera Capital Corp, Legal & General Group Plc, Sentry Investments Corp. and Franklin Resources Inc.. View Insider Buying and Selling for Royal Bank of Canada.

Which institutional investors are buying Royal Bank of Canada stock?

RY stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC World Markets Inc., OMERS ADMINISTRATION Corp, Gluskin Sheff & Assoc Inc., Lincluden Management Ltd., Barometer Capital Management Inc., Nicola Wealth Management LTD. and Mn Services Vermogensbeheer B.V.. View Insider Buying and Selling for Royal Bank of Canada.

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 $76.30.

How big of a company is Royal Bank of Canada?

Royal Bank of Canada has a market capitalization of $109.12 billion and generates $40.37 billion in revenue each year. The financial services provider earns $8.74 billion in net income (profit) each year or $6.06 on an earnings per share basis.

How can I contact Royal Bank of Canada?

Royal Bank of Canada's mailing address is ROYAL BANK PLAZA 200 BAY STREET, TORONTO A6, M5J2J5. The financial services provider can be reached via phone at 416-974-2774 or via email at [email protected]


MarketBeat Community Rating for Royal Bank of Canada (RY)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  497 (Vote Underperform)
Total Votes:  820
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 6/24/2018 by MarketBeat.com Staff

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