Royal Bank Of Canada (RY) Stock Price, News & Analysis

Company Overview

Royal Bank of Canada (NYSE: RY) traces its origins to 1864 in Halifax, Nova Scotia, where it was founded as the Merchants’ Bank. Over the ensuing decades, the institution expanded its footprint across Canada, emerging as one of the nation’s leading financial services providers. The bank has evolved through strategic mergers and acquisitions, including the notable integration of Royal Trust Company in 1993, to strengthen its wealth management and corporate trust capabilities.

Today, Royal Bank of Canada operates through four principal business segments: Personal & Commercial Banking, Wealth Management, Insurance, and Capital Markets. In Personal & Commercial Banking, the bank offers deposit accounts, mortgages, credit cards, loans and electronic banking services to retail and small-business clients. The Wealth Management division provides investment advisory, portfolio management and trust services for individuals, families and institutions. Within Insurance, RBC delivers life, health, travel and reinsurance products, while its Capital Markets arm underwrites debt and equity offerings, provides corporate lending and facilitates global trading and risk management solutions.

While Canada remains its core market, Royal Bank of Canada maintains a significant international presence. In the United States, the bank’s City National Bank subsidiary serves high-net-worth individuals and businesses. RBC also operates in the Caribbean, Europe and Asia, with offices in major financial centres such as New York, London and Hong Kong. This global footprint enables the bank to support cross-border transactions and cater to clients with international banking and investment needs.

The bank is led by President and Chief Executive Officer David I. McKay, who has guided RBC’s strategic priorities, including digital transformation and sustainable finance initiatives. Its Board of Directors comprises experienced industry and community leaders who oversee governance and risk management. Royal Bank of Canada is publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol RY, reflecting its commitment to transparency and shareholder engagement.

Key Stats

• Today's Range: $131.38 to $132.69
• 50-Day Range: $118.57 to $132.26
• 52-Week Range: $102.89 to $132.69
• Volume: 455,532 shs
• Average Volume: 1.15 million shs
• Market Capitalization: $186.45 billion
• P/E Ratio: 14.69
• Dividend Yield: 3.11%
• Price Target: $193.00
• Consensus Rating: Moderate Buy

Royal Bank Of Canada Stock Analysis - MarketRank™

Royal Bank Of Canada scored higher than 96% of companies evaluated by MarketBeat, and ranked 54th out of 907 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Royal Bank Of Canada has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Royal Bank Of Canada has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.26%

Earnings Growth

Earnings for Royal Bank Of Canada are expected to grow by 10.26% in the coming year, from $9.16 to $10.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Royal Bank Of Canada is 14.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Bank Of Canada is 14.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.05.

Price to Earnings Growth Ratio

Royal Bank Of Canada has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Royal Bank Of Canada has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.60% of the float of Royal Bank Of Canada has been sold short.

Short Interest Ratio / Days to Cover

Royal Bank Of Canada has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Royal Bank Of Canada has recently increased by 9.43%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Royal Bank Of Canada pays a meaningful dividend of 3.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Royal Bank Of Canada has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Royal Bank Of Canada is 45.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Royal Bank Of Canada will have a dividend payout ratio of 40.69% next year. This indicates that Royal Bank Of Canada will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.43

Percentage of Shares Shorted

0.60% of the float of Royal Bank Of Canada has been sold short.

Short Interest Ratio / Days to Cover

Royal Bank Of Canada has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Royal Bank Of Canada has recently increased by 9.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.67

News Sentiment

Royal Bank Of Canada has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 40 news articles for Royal Bank Of Canada this week, compared to 27 articles on an average week.

Search Interest

21 people have searched for RY on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Royal Bank Of Canada to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Royal Bank Of Canada insiders have not sold or bought any company stock.

Percentage Held by Institutions

45.31% of the stock of Royal Bank Of Canada is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RY Stock Analysis - Frequently Asked Questions

How have RY shares performed this year?

Royal Bank Of Canada's stock was trading at $120.51 on January 1st, 2025. Since then, RY stock has increased by 9.7% and is now trading at $132.1790.

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

Royal Bank Of Canada (NYSE:RY) posted its quarterly earnings data on Thursday, May, 29th. The financial services provider reported $2.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.25 by $0.05. The company's revenue was up 10.7% on a year-over-year basis.
Read the conference call transcript.

Does Royal Bank Of Canada have any subsidiaries?

Royal Bank Of Canada subsidiaries include these companies: Brewin Dolphin, WayPay, City National Corporation, BlueBay Asset Management, Mourant Private Wealth, Richardson Barr & Co., Ferris Baker Watts Incorporated, and more.

Who are Royal Bank Of Canada's major shareholders?

Royal Bank Of Canada's top institutional investors include Trust Co of the South and Fiduciary Financial Group LLC.

How do I buy shares of Royal Bank Of Canada?

Shares of RY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Royal Bank Of Canada own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royal Bank Of Canada investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Record date for 5/23 Dividend: 4/24/2025
• Ex-Dividend for 5/23 Dividend: 4/24/2025
• Dividend Payable: 5/23/2025
• Last Earnings: 5/29/2025
• Today: 7/06/2025
• Record date for 8/22 Dividend: 7/24/2025
• Ex-Dividend for 8/22 Dividend: 7/24/2025
• Dividend Payable: 8/22/2025
• Next Earnings (Estimated): 8/27/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - FOREIGN
• Sub-Industry: Banking
• Current Symbol: NYSE:RY
• CIK: 1000275
• Web: www.rbc.com
• Phone: (888) 212-5533
• Fax: 416-955-7800
• Employees: 94,838
• Year Founded: 1896

Price Target and Rating

• Average Stock Price Target: $193.00
• High Stock Price Target: $193.00
• Low Stock Price Target: $193.00
• Potential Upside/Downside: +46.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $9.00
• Trailing P/E Ratio: 14.69
• Forward P/E Ratio: 14.43
• P/E Growth: 1.52
• Net Income: $11.92 billion
• Net Margins: 13.37%
• Pretax Margin: 16.54%
• Return on Equity: 15.75%
• Return on Assets: 0.87%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.82
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $98.71 billion
• Price / Sales: 1.89
• Cash Flow: $10.39 per share
• Price / Cash Flow: 12.72
• Book Value: $60.95 per share
• Price / Book: 2.17

Miscellaneous

• Outstanding Shares: 1,410,580,000
• Free Float: N/A
• Market Cap: $186.45 billion
• Optionable: Optionable
• Beta: 0.89