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: $116.91 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: 12.77
  • P/E Growth: 2.92
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: 3.6%
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: 843,355 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 declared a quarterly dividend on Wednesday, August 23rd. Investors of record on Thursday, October 26th will be given 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 of this dividend is Wednesday, October 25th. This is an increase 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 declared that its board has initiated a stock repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase 30,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

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

Royal Bank Of Canada (NYSE:RY) issued its quarterly earnings data on Wednesday, August, 23rd. The company reported $1.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.42 by $0.01. The business had revenue of $7.43 billion for the quarter, compared to analyst estimates of $7.11 billion. Royal Bank Of Canada had a return on equity of 16.63% and a net margin of 22.98%. During the same quarter in the prior year, the company posted $1.72 earnings per share. 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 12-month price targets for Royal Bank Of Canada's shares. Their predictions range from $77.00 to $77.00. On average, they expect Royal Bank Of Canada's stock price to reach $77.00 in the next year. 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 number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.34%), Montrusco Bolton Investments Inc. (0.19%), Shell Asset Management Co. (0.03%), Strs Ohio (0.01%), BB&T Corp (0.00%) and Fox Run Management L.L.C. (0.00%). View Institutional Ownership Trends for Royal Bank Of Canada.

Who sold Royal Bank Of Canada stock? Who is selling Royal Bank Of Canada stock?

Royal Bank Of Canada's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. View Insider Buying and Selling 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 purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Montrusco Bolton Investments Inc., Shell Asset Management Co., Fox Run Management L.L.C., Asset Advisors Corp and BB&T Corp. 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 $80.19.


MarketBeat Community Rating for Royal Bank Of Canada (NYSE RY)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  243 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  574
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 (3.98% 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 10/23/2015 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:3.47%
Dividend Growth:-0.60% (3 Year Average)
Payout Ratio:50.36% (Trailing 12 Months of Earnings)
46.72% (Based on This Year's Estimates)
44.27% (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)
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Chart

Royal Bank Of Canada (RY) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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