Royal 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: Money Center Banks
- Sub-Industry: N/A
- Symbol: NYSE:RY
- CUSIP: N/A
- Web: www.royalbank.com
- Market Cap: $102.96 billion
- Outstanding Shares: 1,475,277,000
- 50 Day Moving Avg: $69.63
- 200 Day Moving Avg: $70.07
- 52 Week Range: $57.01 - $76.01
Sales & Book Value:
- Trailing P/E Ratio: 13.27
- Foreward P/E Ratio: 12.14
- P/E Growth: 3.93
- Annual Revenue: $27.28 billion
- Price / Sales: 3.77
- Book Value: $32.28 per share
- Price / Book: 2.16
- Annual Dividend: $2.47
- Dividend Yield: 3.6%
- Net Margins: 22.15%
- Return on Equity: 16.21%
- Return on Assets: 0.87%
- Debt-to-Equity Ratio: 0.15%
- Current Ratio: 0.88%
- Quick Ratio: 0.88%
- Average Volume: 1.15 million shs.
- Beta: 1.19
- Short Ratio: 9.79
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 Thursday, May 25th. Stockholders of record on Wednesday, July 26th will be given a dividend of $0.6439 per share on Thursday, August 24th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Monday, July 24th. 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 stock repurchase plan on Monday, April 10th 2017, which allows the company to buyback 30,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback 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) posted its quarterly earnings data on Thursday, May, 25th. The company reported $1.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.08. The business earned $7.75 billion during the quarter, compared to analyst estimates of $6.88 billion. Royal Bank of Canada had a net margin of 22.15% and a return on equity of 16.21%. During the same period in the prior year, the company posted $1.66 EPS. View Royal Bank of Canada's Earnings History.
Where is Royal Bank of Canada's stock going? Where will Royal Bank of Canada's stock price be in 2017?
13 brokers have issued 1 year target prices for Royal Bank of Canada's stock. Their predictions range from $72.00 to $100.00. On average, they expect Royal Bank of Canada's stock price to reach $86.00 in the next year. View Analyst Ratings for Royal Bank of Canada.
Who are some of Royal Bank of Canada's key competitors?
Some companies that are related to Royal Bank of Canada include Citigroup (C), Toronto-Dominion Bank (TD), Mitsubishi UFJ Financial Group (MTU), Bank of Nova Scotia (BNS), PNC Financial Services Group (PNC), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), ICICI Bank Ltd (IBN), SunTrust Banks (STI), First Republic Bank (FRC), Credicorp (BAP), Comerica Incorporated (CMA), Banco Santander-Chile (BSAC), City National Corp (CYN), Home Bancshares (HOMB), Sterling Bancorp (STL), TCF Financial (TCF) and Hope Bancorp (HOPE).
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 CIBC World Markets Inc. (3.75%), TD Asset Management Inc. (2.76%), FMR LLC (2.18%), Vanguard Group Inc. (2.15%), Bank of Nova Scotia (1.83%) and Beutel Goodman & Co Ltd. (1.28%). 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 Caisse DE Depot ET Placement DU Quebec, Commerzbank Aktiengesellschaft FI, Great West Life Assurance Co. Can, CIBC World Markets Inc., Montrusco Bolton Investments Inc., Greystone Managed Investments Inc., State of Wisconsin Investment Board and Massachusetts Financial Services Co. MA. 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 Vanguard Group Inc., Beutel Goodman & Co Ltd., OMERS ADMINISTRATION Corp, FMR LLC, Karp Capital Management Corp, Acadian Asset Management LLC, APG Asset Management N.V. and Clark Capital Management Group Inc.. 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.
How much does a share of Royal Bank of Canada stock cost?
One share of Royal Bank of Canada stock can currently be purchased for approximately $69.79.
Earnings History for Royal Bank of Canada (NYSE:RY)Earnings History by Quarter for Royal Bank of Canada (NYSE:RY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/25/2017||4/30/2017||$1.34||$1.42||$6.88 billion||$7.75 billion||View||N/A|
|2/24/2017||Q117||$1.34||$1.40||$7.23 billion||$9.55 billion||View||N/A|
|8/24/2016||Q316||$1.33||$1.72||$7.27 billion||$10.26 billion||View||Listen|
|5/26/2016||$1.64||$1.66||$9.51 billion||$9.53 billion||View||N/A|
|2/24/2016||$1.67||$1.58||$9.49 billion||$9.36 billion||View||N/A|
|12/2/2015||Q415||$1.64||$1.74||$8.56 billion||$8.02 billion||View||N/A|
|8/26/2015||Q215||$1.29||$1.25||$6.72 billion||$7.18 billion||View||Listen|
|5/28/2015||Q115||$1.30||$1.61||$6.90 billion||$7.06 billion||View||Listen|
|2/25/2015||Q414||$1.31||$1.33||$7.28 billion||$7.66 billion||View||N/A|
|12/3/2014||Q4||$1.58||$1.57||$8.54 billion||$8.38 billion||View||N/A|
|8/22/2014||Q214||$1.56||$1.62||$7.78 billion||$8.19 billion||View||N/A|
|5/22/2014||Q2||$1.42||$1.47||$7.75 billion||$8.27 billion||View||N/A|
|2/26/2014||Q1||$1.45||$1.44||$8.16 billion||$8.45 billion||View||N/A|
|12/5/2013||Q4||$1.40||$1.40||$7.51 billion||$7.97 billion||View||Listen|
|8/29/2013||Q213||$1.38||$1.38||$7.93 billion||$7.22 billion||View||N/A|
|5/30/2013||$1.31||$1.29||$7.48 billion||$7.77 billion||View||N/A|
Earnings Estimates for Royal Bank of Canada (NYSE:RY)
2017 EPS Consensus Estimate: $5.28
2018 EPS Consensus Estimate: $5.77
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Royal Bank of Canada (NYSE:RY)
|Dividend Growth:||-0.60% (3 Year Average)|
|Payout Ratio:||49.90% (Trailing 12 Months of Earnings) |
45.24% (Based on This Year's Estimates)
42.96% (Based on Next Year's Estimates)
Dividend History by Quarter for Royal Bank of Canada (NYSE:RY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Royal Bank of Canada (NYSE:RY)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Royal Bank of Canada (NYSE:RY)
Latest Headlines for Royal Bank of Canada (NYSE:RY)
|Royal Bank of Canada (RY) Announces Earnings Results, Beats Estimates By $0.08 EPS|
www.americanbankingnews.com - May 26 at 8:48 AM
|Royal Bank of Canada (RY) to Issue Quarterly Dividend of $0.64|
www.americanbankingnews.com - May 25 at 7:20 PM
|Here’s what OPEC needs to do to get oil above $60: RBC|
www.cnbc.com - May 24 at 7:12 AM
|Royal Bank of Canada (RY) Receives Sector Perform Overweight Rating from National Bank Financial|
www.americanbankingnews.com - May 23 at 7:12 AM
|Here's how Apple's stock can get to a $1 trillion market cap in 2018: RBC Capital|
www.cnbc.com - May 22 at 9:25 AM
|Metropolitan Washington Airports Authority, Airport System Revenue Variable Rate Bonds, Series 2009D1 & D2 $136.825MM -- Moody's Reviews Metropolitan Washington Airports Auth. DC's LOC-backed Airport Revenue Bonds|
finance.yahoo.com - May 19 at 12:35 PM
|Canadian Pacific Consolidated Debenture Stock -- Moody's downgrades the ratings of Perpetual Consolidated Debenture Stocks issued by Canadian Pacific Consolidated Debenture Stock, a Structured Note|
finance.yahoo.com - May 19 at 12:35 PM
|NOVA Chemicals Corporation to Offer $2,100 Million of Senior Notes|
feeds.benzinga.com - May 19 at 10:22 AM
|Q2 2017 EPS Estimates for Royal Bank of Canada (RY) Cut by Analyst|
www.americanbankingnews.com - May 18 at 8:01 AM
|Market Extra: Why Iran poses most ‘underappreciated’ upside to oil prices|
www.marketwatch.com - May 16 at 11:02 AM
|Bank Of Nova Scotia: 185 Years Of Consecutive Dividends And Counting|
seekingalpha.com - May 16 at 9:26 AM
|RBC Global Asset Management Inc. announces RBC ETF cash distributions for May 2017|
finance.yahoo.com - May 16 at 9:26 AM
|Black Belt Energy Gas District, Gas Project Revenue Bonds, Series 2016A and Series 2016B, $1,000,000,000 -- Moody's Downgrades to A1 from Aa3 the Long-Term Ratings of Six Gas Prepayment Bonds Supported by RBC|
finance.yahoo.com - May 15 at 6:52 PM
|Canadian pension returns post four consecutive quarters of gains: RBC Investor & Treasury Services|
finance.yahoo.com - May 15 at 9:32 AM
|RBC Taxable TOB Trust II (Muni. Deriv.) -- Moody's Assigns A1/VMIG 1 to RBC Taxable TOB Floater Notes, Series E-82 & Series E-83|
finance.yahoo.com - May 12 at 11:02 PM
|RBC Taxable TOB Trust II (Muni Deriv.), RBC Municipal Floater Notes, Series E-83 (Taxable) -- Moody's Assigns A1/VMIG 1 to RBC Taxable TOB Floater Notes, Series E-82 & Series E-83|
finance.yahoo.com - May 11 at 8:07 PM
|Moody's downgrades 6 Canadian banks on rising private-sector debt - Nasdaq|
www.nasdaq.com - May 11 at 12:53 AM
|CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-39CB -- Moody's downgrades Canadian Banks|
finance.yahoo.com - May 10 at 7:52 PM
|Royal Bank of Canada: Time to Buy the Pullback?|
www.fool.ca - May 10 at 11:07 AM
|RBC Eyes Bigger Cut of $40 Billion in U.S. Investment-Bank Fees|
www.bloomberg.com - May 9 at 5:22 PM
|RBC Global Asset Management launches RBC Quant Global Real Estate Leaders ETF|
finance.yahoo.com - May 9 at 10:42 AM
|Royal Bank of Canada to Post Q2 2017 Earnings of $1.34 Per Share, Desjardins Forecasts (RY)|
www.americanbankingnews.com - May 5 at 8:02 AM
|Royal Bank of Canada (RY) Earns Daily News Impact Rating of 0.19|
www.americanbankingnews.com - May 4 at 2:08 PM
|Zacks: Analysts Anticipate Royal Bank of Canada (RY) to Post $1.36 EPS|
www.americanbankingnews.com - May 4 at 8:46 AM
|Why Can Past Outperformance Be Misleading? - The Motley Fool Canada|
www.fool.ca - May 2 at 5:28 PM
|RBC Correspondent Services and RBC Advisor Services launch new wealth management technology platform|
finance.yahoo.com - May 2 at 9:40 AM
|Royal Bank of Canada (RY) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - May 2 at 7:22 AM
|RBC Taxable TOB Trust II (Muni. Deriv.), Floater Notes, Series E-81 (Taxable) -- Moody's Assigns Aa3/VMIG 1 to RBC Taxable TOB Floater Notes, Series E-81|
finance.yahoo.com - May 1 at 6:54 PM
|Royal Bank of Canada (RY) Earns Daily Media Impact Score of 0.35|
www.americanbankingnews.com - May 1 at 3:12 PM
|Which of the Big 3 Banks Is the Best Value Today?|
www.fool.ca - May 1 at 9:59 AM
|Royal Bank of Canada (RY) Receives Media Sentiment Rating of -0.03|
www.americanbankingnews.com - April 28 at 3:08 PM
|Schooner Trust Commercial Mortgage Pass-Through Certificates, Series 2007-7 -- Moody's Upgrades Six, Affirms Two and Downgrades One Class of Schooner 2007-7|
finance.yahoo.com - April 27 at 8:05 PM
|Canadian Stocks Are Down Again On Crude Weakness - Canadian Commentary|
www.rttnews.com - April 27 at 11:17 AM
|Royal Bank of Canada (RY) Getting Favorable Media Coverage, Report Shows|
www.americanbankingnews.com - April 25 at 7:12 PM
|[$$] RBC Hires All-Female Adviser Team|
finance.yahoo.com - April 25 at 6:42 PM
|Royal Bank of Canada : RY-US: Dividend Analysis : April 25th, 2017 (record date) : By the numbers : April 21, 2017|
finance.yahoo.com - April 21 at 7:26 PM
|RBC Capital positive on containerboard stocks|
seekingalpha.com - April 19 at 12:43 PM
|CANADA STOCKS-TSX slips as energy stocks, geopolitical uncertainties drag|
www.nasdaq.com - April 18 at 6:54 PM
|Dividend Investors: Which Canadian Bank Stock Is the Best to Buy Right Now?|
www.fool.ca - April 18 at 6:54 PM
|Royal Bank of Canada (RY) Given Coverage Optimism Rating of 0.03|
www.americanbankingnews.com - April 17 at 7:25 PM
|Somewhat Negative News Coverage Somewhat Unlikely to Impact Royal Bank of Canada (RY) Stock Price|
www.americanbankingnews.com - April 14 at 4:04 PM
|Royal Bank of Canada (RY) Expected to Post Earnings of $1.37 Per Share|
www.americanbankingnews.com - April 13 at 8:14 AM
|CANADA STOCKS-Energy losses lead TSX lower; BlackBerry jumps to 1-year high - Nasdaq|
www.nasdaq.com - April 12 at 6:21 PM
|CANADA STOCKS-TSX falls; BlackBerry jumps to 1-year high on arbitration win - Nasdaq|
www.nasdaq.com - April 12 at 1:19 PM
|RBC Global Asset Management announces changes to RBC Advisor Canadian Bond Fund|
finance.yahoo.com - April 12 at 1:19 PM
|Wyoming CDA Hsg. Rev. Bds(1994 Indenture), WY -- Moody's Assigns Aa1 to Wyoming CDA Housing Revenue Bonds 2017 1-3; Outlook Stable|
finance.yahoo.com - April 10 at 7:11 PM
|Canadians say home buying is still a good investment, but are delaying home purchase: RBC 2017 Home Ownership Poll|
finance.yahoo.com - April 10 at 9:21 AM
|Royal Bank of Canada (RY) Board of Directors Announces Share Repurchase Program|
www.americanbankingnews.com - April 10 at 9:21 AM
|Overheated housing markets may hamper Canada's growth: RBC|
www.msn.com - April 9 at 9:04 AM
|Royal Bank of Canada announces election of directors - Yahoo Finance|
finance.yahoo.com - April 8 at 11:46 AM
Royal Bank of Canada (RY) Chart for Saturday, May, 27, 2017