TSE:RY

Royal Bank of Canada Stock Forecast, Price & News

C$117.18
-0.41 (-0.35 %)
(As of 04/13/2021 04:17 PM ET)
Add
Compare
Today's Range
C$117.10
Now: C$117.18
C$117.65
50-Day Range
C$108.36
MA: C$114.59
C$117.14
52-Week Range
C$80.72
Now: C$117.18
C$117.97
Volume4.42 million shs
Average Volume4.66 million shs
Market CapitalizationC$166.96 billion
P/E Ratio14.51
Dividend Yield3.67%
BetaN/A
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. Its Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. Royal Bank of Canada has a strategic partnership with Royal College Of Physicians & Surgeons Of Canada to support the needs of Canada's medical specialists. The company was founded in 1864 and is headquartered in Toronto, Canada.
Royal Bank of Canada logo

Industry, Sector and Symbol

Industry Banks - Global
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-416-9748393
Employees84,030
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$43.25 billion
Cash FlowC$492.97 per share
Book ValueC$58.24 per share

Profitability

Miscellaneous

Outstanding Shares1,424,853,000
Market CapC$166.96 billion
Next Earnings Date5/26/2021 (Estimated)
OptionableOptionable

Headlines

Bank Of Canada Sounds Alarm On Housing Market
April 1, 2021 |  baystreet.ca
Royal Bank of Canada (TSE:RY) Sets New 52-Week High at $117.94
March 30, 2021 |  americanbankingnews.com
Royal Bank of Canada (TSX:RY) Stock: A Retiree’s Must-Own
March 29, 2021 |  ca.finance.yahoo.com
Today’s Top Buy: Royal Bank
March 7, 2021 |  ca.finance.yahoo.com
BofA Upgrades Bank of Montreal, Downgrades Royal Bank of Canada
March 2, 2021 |  markets.businessinsider.com
Royal Bank of Canada: Raising target to $100
March 2, 2021 |  finance.yahoo.com
Royal Bank of Canada : 1st Quarter Results
February 26, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

1.31 out of 5 stars

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
C$117.18
-0.41 (-0.35 %)
(As of 04/13/2021 04:17 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive RY News and Ratings via Email

Sign-up to receive the latest news and ratings for RY and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Royal Bank of Canada (TSE:RY) Frequently Asked Questions

Is Royal Bank of Canada a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Royal Bank of Canada stock.
View analyst ratings for Royal Bank of Canada
or view top-rated stocks.

What stocks does MarketBeat like better than Royal Bank of Canada?

Wall Street analysts have given Royal Bank of Canada a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Royal Bank of Canada wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Royal Bank of Canada's next earnings date?

Royal Bank of Canada is scheduled to release its next quarterly earnings announcement on Wednesday, May 26th 2021.
View our earnings forecast for Royal Bank of Canada
.

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

Royal Bank of Canada (TSE:RY) announced its quarterly earnings data on Wednesday, February, 24th. The financial services provider reported $2.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.22 by $0.47. The financial services provider earned $12.94 billion during the quarter, compared to analysts' expectations of $11.47 billion.
View Royal Bank of Canada's earnings history
.

How has Royal Bank of Canada's stock price been impacted by COVID-19 (Coronavirus)?

Royal Bank of Canada's stock was trading at C$87.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RY stock has increased by 33.5% and is now trading at C$117.28.
View which stocks have been most impacted by COVID-19
.

How often does Royal Bank of Canada pay dividends? What is the dividend yield for Royal Bank of Canada?

Royal Bank of Canada declared a quarterly dividend on Wednesday, February 24th. Investors of record on Thursday, April 22nd will be given a dividend of 1.08 per share on Friday, May 21st. This represents a $4.32 annualized dividend and a yield of 3.68%. The ex-dividend date is Wednesday, April 21st.
View Royal Bank of Canada's dividend history
.

Is Royal Bank of Canada a good dividend stock?

Royal Bank of Canada pays an annual dividend of C$4.32 per share and currently has a dividend yield of 3.67%. Royal Bank of Canada does not yet have a strock track record of dividend growth. The dividend payout ratio of Royal Bank of Canada is 53.48%. This payout ratio is at a healthy, sustainable level, below 75%.
View Royal Bank of Canada's dividend history.

What price target have analysts set for RY?

7 brokerages have issued 12 month price objectives for Royal Bank of Canada's stock. Their forecasts range from C$95.00 to C$133.00. On average, they anticipate Royal Bank of Canada's share price to reach C$118.12 in the next year. This suggests a possible upside of 0.7% from the stock's current price.
View analysts' price targets for Royal Bank of Canada
or view top-rated stocks among Wall Street analysts.

Who are Royal Bank of Canada's key executives?

Royal Bank of Canada's management team includes the following people:
  • Mr. David I. McKay, Pres, CEO & Director (Age 58, Pay $4.15M)
  • Mr. Rod Bolger, Chief Financial Officer
  • Mr. Douglas Antony Guzman, Group Head of Wealth Management, Insurance and Investor & Treasury Services
  • Mr. Neil McLaughlin, Group Head of Personal & Commercial Banking
  • Mr. Bruce Ross, Group Head of Technology & Operations
  • Ms. Gay Mitchell, Deputy Chairman of RBC Wealth Management
  • Mr. Christoph Knoess, Chief Admin. & Strategy Officer
  • Ms. Nadine Ahn, Sr. VP of Wholesale Fin. & Investor Relations
  • Mr. David Onorato, Gen. Counsel
  • Ms. Amy Cairncross, Sr. VP of Communications

Who are some of Royal Bank of Canada's key competitors?

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Bank of Canada investors own include The Toronto-Dominion Bank (TD), The Bank of Nova Scotia (BNS), Enbridge (ENB), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), BCE (BCE), Manulife Financial (MFC), Suncor Energy (SU), TELUS (T) and National Bank of Canada (NA).

What is Royal Bank of Canada's stock symbol?

Royal Bank of Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RY."

How do I buy shares of Royal Bank of Canada?

Shares of RY and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Royal Bank of Canada's stock price today?

One share of RY stock can currently be purchased for approximately C$117.28.

How much money does Royal Bank of Canada make?

Royal Bank of Canada has a market capitalization of C$167.11 billion and generates C$43.25 billion in revenue each year.

How many employees does Royal Bank of Canada have?

Royal Bank of Canada employs 84,030 workers across the globe.

What is Royal Bank of Canada's official website?

The official website for Royal Bank of Canada is www.rbc.com.

Where are Royal Bank of Canada's headquarters?

Royal Bank of Canada is headquartered at 1 Place Ville Marie Cp 6001 Succ Centre Ville, MONTREAL, QC H3C 3A9, Canada.

How can I contact Royal Bank of Canada?

Royal Bank of Canada's mailing address is 1 Place Ville Marie Cp 6001 Succ Centre Ville, MONTREAL, QC H3C 3A9, Canada. The financial services provider can be reached via phone at +1-416-9748393.


This page was last updated on 4/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.