S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case

Royal Bank of Canada (RY) Competitors

$97.33
+0.25 (+0.26%)
(As of 03/1/2024 ET)

RY vs. MUFG, TD, HDB, IBN, SMFG, SAN, BMO, BBVA, ING, and LYG

Should you be buying Royal Bank of Canada stock or one of its competitors? The main competitors of Royal Bank of Canada include Mitsubishi UFJ Financial Group (MUFG), Toronto-Dominion Bank (TD), HDFC Bank (HDB), ICICI Bank (IBN), Sumitomo Mitsui Financial Group (SMFG), Banco Santander (SAN), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), ING Groep (ING), and Lloyds Banking Group (LYG). These companies are all part of the "commercial banks, not elsewhere classified" industry.

Royal Bank of Canada vs.

Royal Bank of Canada (NYSE:RY) and Mitsubishi UFJ Financial Group (NYSE:MUFG) are both large-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk, community ranking and valuation.

Royal Bank of Canada pays an annual dividend of $3.98 per share and has a dividend yield of 4.1%. Mitsubishi UFJ Financial Group pays an annual dividend of $0.22 per share and has a dividend yield of 2.1%. Royal Bank of Canada pays out 50.1% of its earnings in the form of a dividend. Mitsubishi UFJ Financial Group pays out 17.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Royal Bank of Canada had 29 more articles in the media than Mitsubishi UFJ Financial Group. MarketBeat recorded 42 mentions for Royal Bank of Canada and 13 mentions for Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group's average media sentiment score of 0.85 beat Royal Bank of Canada's score of 0.40 indicating that Mitsubishi UFJ Financial Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
15 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Mitsubishi UFJ Financial Group
6 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank of Canada presently has a consensus price target of $131.50, suggesting a potential upside of 35.11%. Given Royal Bank of Canada's higher possible upside, equities analysts clearly believe Royal Bank of Canada is more favorable than Mitsubishi UFJ Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
1 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.20
Mitsubishi UFJ Financial Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Royal Bank of Canada has higher earnings, but lower revenue than Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of Canada$87.48B1.57$11.02B$7.9412.26
Mitsubishi UFJ Financial Group$5.66T0.02$8.26B$1.248.41

42.0% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 1.8% of Mitsubishi UFJ Financial Group shares are owned by institutional investors. 0.0% of Mitsubishi UFJ Financial Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Mitsubishi UFJ Financial Group has a net margin of 19.14% compared to Royal Bank of Canada's net margin of 12.43%. Mitsubishi UFJ Financial Group's return on equity of 7.78% beat Royal Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada12.43% 6.44% 0.80%
Mitsubishi UFJ Financial Group 19.14%7.78%0.38%

Royal Bank of Canada has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500. Comparatively, Mitsubishi UFJ Financial Group has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500.

Royal Bank of Canada received 501 more outperform votes than Mitsubishi UFJ Financial Group when rated by MarketBeat users. However, 64.36% of users gave Mitsubishi UFJ Financial Group an outperform vote while only 55.94% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
687
55.94%
Underperform Votes
541
44.06%
Mitsubishi UFJ Financial GroupOutperform Votes
186
64.36%
Underperform Votes
103
35.64%

Summary

Royal Bank of Canada beats Mitsubishi UFJ Financial Group on 12 of the 20 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RY vs. The Competition

MetricRoyal Bank of CanadaCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$137.12B$33.99B$8.55B$17.54B
Dividend Yield4.10%4.06%10.21%3.58%
P/E Ratio12.269.0158.1925.18
Price / Sales1.571.73137.886.88
Price / Cash9.718.4429.3415.92
Price / Book0.281.032.635.86
Net Income$11.02B$3.07B$801.66M$863.03M
7 Day Performance-1.35%1.08%0.22%1.63%
1 Month Performance-0.11%2.85%0.62%3.14%
1 Year Performance-3.24%12.69%10.20%94.49%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MUFG
Mitsubishi UFJ Financial Group
4.2129 of 5 stars
$10.24
+1.5%
N/A+50.1%$126.34B$68.70B8.26121,800
TD
Toronto-Dominion Bank
3.9905 of 5 stars
$59.61
-0.3%
$89.33
+49.9%
-7.8%$105.79B$75.05B14.36103,257Dividend Increase
Short Interest ↓
Analyst Revision
News Coverage
HDB
HDFC Bank
3.3092 of 5 stars
$53.76
-0.1%
N/A-17.5%$99.99B$25.50B16.59173,222Short Interest ↓
IBN
ICICI Bank
1.6013 of 5 stars
$25.57
+0.2%
N/A+27.3%$89.72B$16.08B19.08157,799Stock Split
Short Interest ↑
Gap Up
SMFG
Sumitomo Mitsui Financial Group
2.9355 of 5 stars
$11.21
+2.8%
N/A+29.8%$74.97B$45.46B12.74106,000Gap Up
SAN
Banco Santander
3.7998 of 5 stars
$4.10
flat
N/A+7.2%$66.27B$62.14B5.85206,462Dividend Increase
BMO
Bank of Montreal
4.7986 of 5 stars
$90.43
-3.7%
$131.00
+44.9%
-4.1%$65.60B$50.48B21.6356,000Dividend Increase
Analyst Upgrade
Short Interest ↓
Analyst Revision
News Coverage
High Trading Volume
BBVA
Banco Bilbao Vizcaya Argentaria
3.2333 of 5 stars
$10.14
-0.9%
N/A+31.2%$60.49B$31.97B7.29115,675Short Interest ↑
Gap Up
ING
ING Groep
4.0086 of 5 stars
$13.75
+1.3%
N/A-1.1%$51.24B$20.48B6.2257,569Short Interest ↓
LYG
Lloyds Banking Group
4.6446 of 5 stars
$2.31
+2.7%
$99.00
+4,185.7%
-4.1%$36.71B$44.03B5.7859,354Dividend Cut

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This page (NYSE:RY) was last updated on 3/3/2024 by MarketBeat.com Staff