Royal Bank of Canada Company Profile (NYSE:RY)

About Royal Bank of Canada

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: Money Center Banks
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RY
  • CUSIP:
Key Metrics:
  • Previous Close: $74.88
  • 50 Day Moving Average: $72.48
  • 200 Day Moving Average: $66.06
  • 52-Week Range: $50.16 - $76.01
  • Trailing P/E Ratio: 14.24
  • Foreward P/E Ratio: 12.72
  • P/E Growth: 4.02
  • Market Cap: $109.57B
  • Outstanding Shares: 1,485,272,000
  • Beta: 1.19
Profitability:
  • Net Margins: 22.15%
  • Return on Equity: 16.21%
  • Return on Assets: 0.87%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.88%
Additional Links:
Companies Related to Royal Bank of Canada:

Analyst Ratings

Consensus Ratings for Royal Bank of Canada (NYSE:RY) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $86.00 (16.58% upside)

Analysts' Ratings History for Royal Bank of Canada (NYSE:RY)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017TD SecuritiesUpgradeHold -> BuyView Rating Details
12/12/2016ArgusBoost Price TargetBuy$71.00 -> $77.00View Rating Details
11/30/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
12/1/2016Rafferty Capital MarketsReiterated RatingBuy -> HoldView Rating Details
11/14/2016Credit Suisse GroupReiterated RatingOutperformView Rating Details
11/1/2016Bank of America CorpInitiated CoverageUnderperformView Rating Details
10/27/2016Barclays PLCReiterated RatingSellView Rating Details
10/13/2016Canaccord GenuityUpgradeHold -> BuyView Rating Details
9/21/2016Dundee SecuritiesInitiated CoverageNeutralView Rating Details
9/14/2016Citigroup Inc.Boost Price TargetBuy$89.00 -> $95.00View Rating Details
8/26/2016ScotiabankReiterated RatingOutperform$85.00 -> $86.00View Rating Details
8/26/2016DesjardinsReiterated RatingBuy$86.00View Rating Details
12/4/2015National Bank FinancialReiterated RatingSector Perform$76.00 -> $79.00View Rating Details
9/10/2015BNP ParibasReiterated RatingNeutralView Rating Details
8/17/2015CIBCLower Price TargetSector Outperformer$86.00 -> $84.00View Rating Details
6/3/2015Keefe, Bruyette & WoodsReiterated RatingUnderperform$76.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Royal Bank of Canada (NYSE:RY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/30/2016        
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$9.09 billionViewListenView Earnings Details
5/28/2015Q115$1.30$1.61$7.87 billionViewListenView Earnings Details
2/25/2015Q414$1.31$1.33ViewN/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$8.98 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)
Current Year EPS Consensus Estimate: $5.45 EPS
Next Year EPS Consensus Estimate: $5.80 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$1.19$1.31$1.26
Q2 20165$1.17$1.27$1.22
Q3 20165$1.23$1.32$1.28
Q4 20165$1.25$1.34$1.30
Q1 20174$1.24$1.36$1.29
Q2 20175$1.22$1.35$1.29
Q3 20175$1.29$1.40$1.34
Q4 20175$1.27$1.42$1.34
Q1 20182$1.35$1.43$1.39
Q2 20181$1.45$1.45$1.45
Q3 20181$1.44$1.44$1.44
Q4 20181$1.40$1.40$1.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Royal Bank of Canada (NYSE:RY)
Annual Dividend:$2.47
Dividend Yield:3.35%
Dividend Growth:-0.60% (3 Year Average)
Payout Ratio:49.90% (Based on Trailing 12 Months of Earnings)
45.32% (Based on Current Year Consensus EPS Estimate)
42.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for Royal Bank of Canada (NYSE:RY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Royal Bank of Canada (NYSE:RY)
DateHeadline
4-traders.com logoRoyal Bank of Canada : posts 1Q profit (NYSE:RY)
www.4-traders.com - February 25 at 2:34 AM
marketwatch.com logoRoyal Bank of Canada Reports First Quarter 2017 Results (NYSE:RY)
www.marketwatch.com - February 25 at 2:34 AM
us.rd.yahoo.com logoRBC Announces Senior Executive Changes (NYSE:RY)
us.rd.yahoo.com - February 24 at 9:33 PM
sg.finance.yahoo.com logoRoyal Bank posts 1Q profit (NYSE:RY)
us.rd.yahoo.com - February 24 at 9:33 PM
sg.finance.yahoo.com logoExclusive - RBC reviews Asia wealth business for possible sale: sources (NYSE:RY)
us.rd.yahoo.com - February 24 at 9:33 PM
investopedia.com logoRBC Could Sell Asia Wealth Businesses (NYSE:RY)
www.investopedia.com - February 24 at 9:33 PM
moodys.com logoGoldman Sachs International -- Moody's takes ratings actions on six affiliates of global investment banks upon application of new securities industry market makers rating methodology (NYSE:RY)
www.moodys.com - February 23 at 7:48 PM
News IconWhat are Analysts Expecting for Royal Bank Of Canada (NYSE:RY ... - Aiken Advocate (NYSE:RY)
aikenadvocate.com - February 23 at 12:54 AM
News IconStock Check for Royal Bank of Canada (RY) - Baxter Review (NYSE:RY)
baxternewsreview.com - February 23 at 12:54 AM
nasdaq.com logoCANADA STOCKS-Futures higher after rise in oil prices - NASDAQ ... - Nasdaq (NYSE:RY)
www.nasdaq.com - February 21 at 5:12 PM
News IconInvestor Study: Looking at the Levels for Royal Bank of Canada (RY.TO) - The Standard (NYSE:RY)
6milestandard.com - February 21 at 5:12 PM
News IconRelative Strength Index Reveals Royal Bank of Canada (NYSE:RY) Has Hit Overbought Range - Aiken Advocate (NYSE:RY)
aikenadvocate.com - February 21 at 5:12 PM
seekingalpha.com logoRoyal Bank of Canada is the largest Canadian financial institution, which makes a great core position in any portfolio. - Seeking Alpha (NYSE:RY)
seekingalpha.com - February 21 at 5:12 PM
moodys.com logoMoody's assigns definitive Aaa (sf) to Golden Credit Card Trust 2017-1 Class A ABS (NYSE:RY)
www.moodys.com - February 21 at 5:12 PM
moodys.com logoMoody's ABCP activity ending February 17, 2017 (NYSE:RY)
www.moodys.com - February 21 at 5:12 PM
feeds.benzinga.com logoNeos Therapeutics to Present at the RBC Capital Markets 2017 Global Healthcare Conference (NYSE:RY)
feeds.benzinga.com - February 16 at 8:14 AM
feeds.benzinga.com logoFlexion Therapeutics to Present at the RBC Capital Markets Global Healthcare Conference (NYSE:RY)
feeds.benzinga.com - February 15 at 9:43 AM
feeds.benzinga.com logoACETO to Present at the 2017 RBC Capital Markets Global Healthcare Conference (NYSE:RY)
feeds.benzinga.com - February 15 at 9:43 AM
News IconToronto's SecureKey wins US Homeland Security grant for digital identity network - BNN (NYSE:RY)
www.bnn.ca - February 15 at 1:39 AM
finance.yahoo.com logoRBC Global Asset Management Inc. announces RBC ETF cash distributions for February 2017 (NYSE:RY)
finance.yahoo.com - February 15 at 1:39 AM
us.rd.yahoo.com logoMoody's assigns provisional (P)Aaa (sf) rating to Golden Credit Card Trust 2017-1 Class A Notes (NYSE:RY)
us.rd.yahoo.com - February 14 at 6:07 AM
finance.yahoo.com logoTwitter numbers paint grim profitability picture (NYSE:RY)
finance.yahoo.com - February 9 at 8:31 PM
finance.yahoo.com logoCanadian pension assets move higher in 2016: RBC Investor & Treasury Services (NYSE:RY)
finance.yahoo.com - February 7 at 8:12 AM
us.rd.yahoo.com logoRBC Global Asset Management Inc. announces January sales results for RBC Funds, PH&N Funds and BlueBay Funds (NYSE:RY)
us.rd.yahoo.com - February 6 at 7:46 PM
seekingalpha.com logoTrueCar +3.55%; upgraded to Outperform at RBC Capital Markets (NYSE:RY)
seekingalpha.com - February 6 at 9:28 AM
moodys.com logoRBC Taxable TOB Trust II (Muni. Deriv.) -- Moody's Assigns Aa3/VMIG 1 to RBC Taxable TOB Floater Notes, Series E-78 (NYSE:RY)
www.moodys.com - February 3 at 3:36 AM
seekingalpha.com logoApptio upgraded to Outperform at RBC Capital Markets (NYSE:RY)
seekingalpha.com - February 2 at 11:40 AM
News IconTd Asset Management INC Stake in Royal Bk Cda Montreal Que (RY) Cut as Market Valuation Rose (NYSE:RY)
randolphguide.com - January 31 at 10:14 PM
us.rd.yahoo.com logoLegacy in limbo? RBC Wealth Management research shows only 22 per cent of high net worth Canadians have an inheritance plan (NYSE:RY)
us.rd.yahoo.com - January 31 at 10:14 PM
us.rd.yahoo.com logoBreaking the Cycle of Aimless Inheritance: New study from RBC Wealth Management finds Americans unprepared to give or receive wealth (NYSE:RY)
us.rd.yahoo.com - January 31 at 10:14 PM
us.rd.yahoo.com logo4:23 am Royal Bank of Canada amends Normal Course Issuer Bid to permit share repurchase program (NYSE:RY)
us.rd.yahoo.com - January 30 at 8:54 PM
finance.yahoo.com logoCanadian holiday season shoppers overspend again, planning cutbacks in 2017: RBC poll (NYSE:RY)
finance.yahoo.com - January 30 at 8:54 PM
feeds.reuters.com logoBRIEF-Royal Bank Of Canada announces share repurchase program as part of its normal course issuer bid (NYSE:RY)
feeds.reuters.com - January 27 at 7:39 PM
reuters.com logoRBC targets 40 percent of total technology spend for innovation (NYSE:RY)
www.reuters.com - January 26 at 4:29 AM
marketwatch.com logoCustody firms back away from foreign business in a bid to reduce regulatory risk (NYSE:RY)
www.marketwatch.com - January 26 at 4:29 AM
News IconImpact Score Of Royal Bank Of Canada (NYSE:RY) At 45 - Stock Observer (NYSE:RY)
www.thestockobserver.com - January 24 at 1:00 AM
News IconEarnings in Full Force, Analysts Take Aim at Royal Bank Of Canada (NYSE:RY) - Wall Street Beacon (NYSE:RY)
wsbeacon.com - January 24 at 1:00 AM
News IconNational Bank Of Canada (NTIOF) Under Analyst Spotlight (NYSE:RY)
vouxmagazine.com - January 21 at 4:26 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Royal Bank Of Canada (NYSE:RY) - Wall Street Beacon (NYSE:RY)
wsbeacon.com - January 20 at 6:36 AM
seekingalpha.com logoRBC Capital Markets views IBM's strong Q4 intellectual property income counteracting underlying segment margins weakness (NYSE:RY)
seekingalpha.com - January 19 at 7:03 PM
News IconRoyal Bank boosts AI investment by hiring University of Alberta pioneer (NYSE:RY)
www.bnn.ca - January 18 at 9:05 PM
News IconTSX marginally lower on railway stocks; Wall Street drops as banks, health stocks weigh - BNN (NYSE:RY)
www.bnn.ca - January 17 at 12:11 PM
News IconWill The Needle Move For Royal Bank Of Canada (NYSE:RY) Shares This Earnings Season? - Wall Street Beacon (NYSE:RY)
wsbeacon.com - January 17 at 12:11 PM
News IconPrice Target Of Royal Bank Of Canada (NYSE:RY) Given Of $65.654 - Transcript Daily (NYSE:RY)
transcriptdaily.com - January 17 at 12:11 PM
News IconADX Watch on Shares of Royal Bank of Canada (RY.TO) - Rives Journal (NYSE:RY)
rivesjournal.com - January 17 at 12:11 PM
finance.yahoo.com logoRBC Global Asset Management Inc. announces RBC ETF cash distributions for January 2017 (NYSE:RY)
finance.yahoo.com - January 16 at 1:37 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Royal Bank of Canada (NYSE:RY) - Wall Street Beacon (NYSE:RY)
wsbeacon.com - January 14 at 7:43 PM
reuters.com logoRBC sees benefits from Trump's pro-growth policies (NYSE:RY)
www.reuters.com - January 11 at 3:21 AM
finance.yahoo.com logo4:43 am Royal Bank of Canada issues GBP500 mln of 1.125% Covered Bonds due 2021 (NYSE:RY)
finance.yahoo.com - January 10 at 10:20 PM
feeds.benzinga.com logo4 Reasons For A Constellation Selloff (NYSE:RY)
feeds.benzinga.com - January 3 at 11:45 AM

Social

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, February 24th. Shareholders of record on Tuesday, April 25th will be given a dividend of $0.6638 per share on Wednesday, May 24th. This represents a $2.66 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Friday, April 21st. This is an increase from Royal Bank of Canada's previous quarterly dividend of $0.62.

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

12 brokerages have issued 12-month price objectives for Royal Bank of Canada's shares. Their forecasts range from $72.00 to $100.00. On average, they anticipate Royal Bank of Canada's share price to reach $86.00 in the next year.

When will Royal Bank of Canada announce their earnings?

Royal Bank of Canada is scheduled to release their next quarterly earnings announcement on Wednesday, November, 30th 2016.

Who owns Royal Bank of Canada stock?

Royal Bank of Canada's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (2.12%), I.G. Investment Management LTD. (1.67%), Jarislowsky Fraser Ltd (1.13%), Fiera Capital Corp (0.47%), Franklin Resources Inc. (0.47%) and Scotia Capital Inc. (0.41%).

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 Guggenheim Capital LLC, I.G. Investment Management LTD., Fiera Capital Corp, Intact Investment Management Inc., Bank of Nova Scotia Trust Co., O Shaughnessy Asset Management LLC, Allianz Asset Management AG and Letko Brosseau & Associates Inc..

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 Russell Investments Group Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, FMR LLC, Guardian Capital LP, Scotia Capital Inc., Flinton Capital Management LLC, Tyers Asset Management LLC and Jarislowsky Fraser Ltd.

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 $73.77.

Royal Bank of Canada (NYSE:RY) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Royal Bank of Canada (NYSE:RY)

Earnings History Chart

Earnings by Quarter for Royal Bank of Canada (NYSE:RY)

Dividend History Chart

Dividend Payments by Quarter for Royal Bank of Canada (NYSE:RY)

Last Updated on 2/25/2017 by MarketBeat.com Staff