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: Money Center Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:RY
  • CUSIP: N/A
  • Web: www.royalbank.com
Capitalization:
  • Market Cap: $102.96 billion
  • Outstanding Shares: 1,475,277,000
Average Prices:
  • 50 Day Moving Avg: $69.63
  • 200 Day Moving Avg: $70.07
  • 52 Week Range: $57.01 - $76.01
P/E:
  • Trailing P/E Ratio: 13.27
  • Foreward P/E Ratio: 12.14
  • P/E Growth: 3.93
Sales & Book Value:
  • Annual Revenue: $27.28 billion
  • Price / Sales: 3.77
  • Book Value: $32.28 per share
  • Price / Book: 2.16
Dividend:
  • Annual Dividend: $2.47
  • Dividend Yield: 3.6%
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%
Misc:
  • 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?

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.

Analyst Ratings

Consensus Ratings for Royal Bank of Canada (NYSE:RY) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $86.00 (23.23% upside)

Analysts' Ratings History for Royal Bank of Canada (NYSE:RY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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 Group AGReiterated RatingOutperformN/AView Rating Details
11/1/2016Bank of America CorpInitiated CoverageUnderperformN/AView Rating Details
10/27/2016Barclays PLCReiterated RatingSellN/AView Rating Details
10/13/2016Canaccord GenuityUpgradeHold -> BuyN/AView Rating Details
9/21/2016Dundee SecuritiesInitiated CoverageNeutralN/AView Rating Details
9/14/2016Citigroup IncBoost Price TargetBuy$89.00 -> $95.00N/AView Rating Details
8/26/2016ScotiabankReiterated RatingOutperform$85.00 -> $86.00N/AView Rating Details
8/26/2016DesjardinsReiterated RatingBuy$86.00N/AView Rating Details
9/10/2015BNP ParibasReiterated RatingNeutralN/AView Rating Details
8/17/2015CIBCLower Price TargetSector Outperformer$86.00 -> $84.00N/AView Rating Details
(Data available from 5/27/2015 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
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: $5.28
2018 EPS Consensus Estimate: $5.77
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$1.40$1.35
Q4 20176$1.30$1.42$1.34
Q1 20183$1.35$1.44$1.40
Q2 20181$1.46$1.46$1.46
Q3 20182$1.43$1.49$1.46
Q4 20182$1.38$1.51$1.45
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Royal Bank of Canada (NYSE:RY)
Next Dividend:8/24/2017
Annual Dividend:$2.47
Dividend Yield:3.54%
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 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
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)
Source:
DateHeadline
americanbankingnews.com logoRoyal Bank of Canada (RY) Announces Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 26 at 8:48 AM
americanbankingnews.com logoRoyal Bank of Canada (RY) to Issue Quarterly Dividend of $0.64
www.americanbankingnews.com - May 25 at 7:20 PM
cnbc.com logoHere’s what OPEC needs to do to get oil above $60: RBC
www.cnbc.com - May 24 at 7:12 AM
americanbankingnews.com logoRoyal Bank of Canada (RY) Receives Sector Perform Overweight Rating from National Bank Financial
www.americanbankingnews.com - May 23 at 7:12 AM
cnbc.com logoHere'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
finance.yahoo.com logoMetropolitan 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
finance.yahoo.com logoCanadian 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
feeds.benzinga.com logoNOVA Chemicals Corporation to Offer $2,100 Million of Senior Notes
feeds.benzinga.com - May 19 at 10:22 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Royal Bank of Canada (RY) Cut by Analyst
www.americanbankingnews.com - May 18 at 8:01 AM
marketwatch.com logoMarket Extra: Why Iran poses most ‘underappreciated’ upside to oil prices
www.marketwatch.com - May 16 at 11:02 AM
seekingalpha.com logoBank Of Nova Scotia: 185 Years Of Consecutive Dividends And Counting
seekingalpha.com - May 16 at 9:26 AM
finance.yahoo.com logoRBC Global Asset Management Inc. announces RBC ETF cash distributions for May 2017
finance.yahoo.com - May 16 at 9:26 AM
finance.yahoo.com logoBlack 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
finance.yahoo.com logoCanadian pension returns post four consecutive quarters of gains: RBC Investor & Treasury Services
finance.yahoo.com - May 15 at 9:32 AM
finance.yahoo.com logoRBC 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
finance.yahoo.com logoRBC 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
nasdaq.com logoMoody's downgrades 6 Canadian banks on rising private-sector debt - Nasdaq
www.nasdaq.com - May 11 at 12:53 AM
finance.yahoo.com logoCWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-39CB -- Moody's downgrades Canadian Banks
finance.yahoo.com - May 10 at 7:52 PM
fool.ca logoRoyal Bank of Canada: Time to Buy the Pullback?
www.fool.ca - May 10 at 11:07 AM
bloomberg.com logoRBC Eyes Bigger Cut of $40 Billion in U.S. Investment-Bank Fees
www.bloomberg.com - May 9 at 5:22 PM
finance.yahoo.com logoRBC Global Asset Management launches RBC Quant Global Real Estate Leaders ETF
finance.yahoo.com - May 9 at 10:42 AM
americanbankingnews.com logoRoyal 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
americanbankingnews.com logoRoyal Bank of Canada (RY) Earns Daily News Impact Rating of 0.19
www.americanbankingnews.com - May 4 at 2:08 PM
americanbankingnews.com logoZacks: Analysts Anticipate Royal Bank of Canada (RY) to Post $1.36 EPS
www.americanbankingnews.com - May 4 at 8:46 AM
fool.ca logoWhy Can Past Outperformance Be Misleading? - The Motley Fool Canada
www.fool.ca - May 2 at 5:28 PM
finance.yahoo.com logoRBC Correspondent Services and RBC Advisor Services launch new wealth management technology platform
finance.yahoo.com - May 2 at 9:40 AM
americanbankingnews.com logoRoyal Bank of Canada (RY) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 2 at 7:22 AM
finance.yahoo.com logoRBC 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
americanbankingnews.com logoRoyal Bank of Canada (RY) Earns Daily Media Impact Score of 0.35
www.americanbankingnews.com - May 1 at 3:12 PM
fool.ca logoWhich of the Big 3 Banks Is the Best Value Today?
www.fool.ca - May 1 at 9:59 AM
americanbankingnews.com logoRoyal Bank of Canada (RY) Receives Media Sentiment Rating of -0.03
www.americanbankingnews.com - April 28 at 3:08 PM
finance.yahoo.com logoSchooner 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
rttnews.com logoCanadian Stocks Are Down Again On Crude Weakness - Canadian Commentary
www.rttnews.com - April 27 at 11:17 AM
americanbankingnews.com logoRoyal Bank of Canada (RY) Getting Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 25 at 7:12 PM
finance.yahoo.com logo[$$] RBC Hires All-Female Adviser Team
finance.yahoo.com - April 25 at 6:42 PM
finance.yahoo.com logoRoyal 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
seekingalpha.com logoRBC Capital positive on containerboard stocks
seekingalpha.com - April 19 at 12:43 PM
nasdaq.com logoCANADA STOCKS-TSX slips as energy stocks, geopolitical uncertainties drag
www.nasdaq.com - April 18 at 6:54 PM
fool.ca logoDividend Investors: Which Canadian Bank Stock Is the Best to Buy Right Now?
www.fool.ca - April 18 at 6:54 PM
americanbankingnews.com logoRoyal Bank of Canada (RY) Given Coverage Optimism Rating of 0.03
www.americanbankingnews.com - April 17 at 7:25 PM
americanbankingnews.com logoSomewhat Negative News Coverage Somewhat Unlikely to Impact Royal Bank of Canada (RY) Stock Price
www.americanbankingnews.com - April 14 at 4:04 PM
americanbankingnews.com logoRoyal Bank of Canada (RY) Expected to Post Earnings of $1.37 Per Share
www.americanbankingnews.com - April 13 at 8:14 AM
nasdaq.com logoCANADA STOCKS-Energy losses lead TSX lower; BlackBerry jumps to 1-year high - Nasdaq
www.nasdaq.com - April 12 at 6:21 PM
nasdaq.com logoCANADA STOCKS-TSX falls; BlackBerry jumps to 1-year high on arbitration win - Nasdaq
www.nasdaq.com - April 12 at 1:19 PM
finance.yahoo.com logoRBC Global Asset Management announces changes to RBC Advisor Canadian Bond Fund
finance.yahoo.com - April 12 at 1:19 PM
finance.yahoo.com logoWyoming 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
finance.yahoo.com logoCanadians 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
americanbankingnews.com logoRoyal Bank of Canada (RY) Board of Directors Announces Share Repurchase Program
www.americanbankingnews.com - April 10 at 9:21 AM
msn.com logoOverheated housing markets may hamper Canada's growth: RBC
www.msn.com - April 9 at 9:04 AM
finance.yahoo.com logoRoyal Bank of Canada announces election of directors - Yahoo Finance
finance.yahoo.com - April 8 at 11:46 AM

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Chart

Royal Bank of Canada (RY) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff