About Royal Bank of Canada (TSE:RY)
Royal 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:
- Industry: Money Center Banks
- Sub-Industry: N/A
- Symbol: TSE:RY
- CUSIP: N/A
- Web: www.rbc.com
- Market Cap: C$147.87 billion
- Outstanding Shares: 1,457,948,000
- 50 Day Moving Avg: C$95.39
- 200 Day Moving Avg: C$94.38
- 52 Week Range: C$81.82 - C$101.72
Sales & Book Value:
- Trailing P/E Ratio: 13.83
- P/E Growth: 1.78
- Annual Revenue: C$37.83 billion
- Price / Sales: 3.91
- Book Value: C$44.97 per share
- Price / Book: 2.26
- Net Margins: 28.00%
- Return on Equity: 16.52%
- Return on Assets: 0.93%
- Average Volume: 2.06 million shs.
- Short Ratio: 5.24
Frequently Asked Questions for Royal Bank of Canada (TSE:RY)
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 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 Wednesday, August 23rd. Investors of record on Thursday, October 26th will be given a dividend of 0.91 per share on Friday, November 24th. This represents a $3.64 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Wednesday, October 25th. This is a boost from Royal Bank of Canada's previous quarterly dividend of $0.87. View Royal Bank of Canada's Dividend History.
How were Royal Bank of Canada's earnings last quarter?
Royal Bank of Canada (TSE:RY) issued its quarterly earnings results on Wednesday, December, 3rd. The company reported $1.57 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.59 by $0.02. The firm earned $8.38 billion during the quarter, compared to analyst estimates of $8.79 billion. Royal Bank of Canada had a net margin of 28.00% and a return on equity of 16.52%. View Royal Bank of Canada's Earnings History.
When will Royal Bank of Canada make its next earnings announcement?
Where is Royal Bank of Canada's stock going? Where will Royal Bank of Canada's stock price be in 2017?
7 brokers have issued 12 month price objectives for Royal Bank of Canada's stock. Their forecasts range from C$93.00 to C$106.00. On average, they expect Royal Bank of Canada's stock price to reach C$99.75 in the next twelve months. View Analyst Ratings for Royal Bank of Canada.
Who are some of Royal Bank of Canada's key competitors?
Some companies that are related to Royal Bank of Canada include Bank of Nova Scotia (BNS), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), National Bank of Canada (NA), Canadian Western Bank (CWB), Laurentian Bank of Canada (LB), National Bank of Greece (NBG), Australia and New Zealand Banking Group (ANZ), Bank of Queensland Limited (BOQ), Bendigo and Adelaide Bank Ltd (BEN), BNP Paribas SA (BNP), Commonwealth Bank of Australia (CBA), Intesa Sanpaolo SpA (ISP), KBC Groep NV (KBC), Mediobanca Group (MB), National Australia Bank (NAB), Societe Generale SA (GLE) and Toronto-Dominion Bank (TD).
Who are Royal Bank of Canada's key executives?
Royal Bank of Canada's management team includes the folowing people:
- Kathleen P. Taylor J.D., Independent Chairman of the Board
- David I. McKay, President, Chief Executive Officer, Director
- Rod Bolger, Chief Financial Officer
- Zabeen Hirji, Chief Human Resource Officer
- Mark Hughes, Group Chief Risk Officer
- Mike Dobbins, Head - Strategy and Corporate Development
- Doug A. Guzman, Group Head - Wealth Management and Insurance
- A. Douglas McGregor, Group Head - Capital Markets and Investor & Treasury Services
- Bruce Ross, Group Head - Technology and Operations
- Jennifer Anne Tory, Group Head - Personal & Commercial Banking
How do I buy Royal Bank of Canada stock?
Shares of Royal Bank of Canada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Royal Bank of Canada's stock price today?
MarketBeat Community Rating for Royal Bank of Canada (TSE RY)MarketBeat's community ratings are surveys of what our community members think about Royal Bank of Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Royal Bank of Canada stock can currently be purchased for approximately C$101.42.
Consensus Ratings for Royal Bank of Canada (TSE:RY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||C$99.75|Consensus Price Target History for Royal Bank of Canada (TSE:RY)
Analysts' Ratings History for Royal Bank of Canada (TSE:RY)
(Data available from 10/23/2015 forward)
|8/25/2017||Eight Capital||Boost Price Target||C$102.00 -> C$105.00|
|8/25/2017||Barclays PLC||Boost Price Target||C$94.20 -> C$96.00|
|8/24/2017||National Bank Financial||Lower Price Target||Sector Perform||C$101.00 -> C$99.00|
|8/24/2017||BMO Capital Markets||Reiterated Rating||Market Perform||C$100.00|
|8/21/2017||Scotiabank||Downgrade||Outperform -> Sector Perform||C$102.00 -> C$100.00|
|4/3/2017||TD Securities||Reiterated Rating||Buy -> Buy|
|3/7/2017||CIBC||Boost Price Target||C$101.00 -> C$106.00|
|2/27/2017||Keefe, Bruyette & Woods||Boost Price Target||Underperform -> Market Perform||C$92.00 -> C$99.00|
|1/17/2017||CSFB||Boost Price Target||C$100.00 -> C$101.00|
|1/13/2017||Canaccord Genuity||Boost Price Target||C$95.00 -> C$99.00|
|12/22/2016||Dundee Securities||Boost Price Target||C$87.00 -> C$93.00|
|12/21/2016||Desjardins||Boost Price Target||C$92.00 -> C$94.00|
|8/25/2016||Bank of America Corporation||Boost Price Target||Underperform||C$75.00 -> C$76.00|
|6/2/2016||Citigroup Inc.||Lower Price Target||Buy||C$89.00 -> C$88.00|
|5/3/2016||Credit Suisse Group||Boost Price Target||C$90.00 -> C$95.00|
Earnings History for Royal Bank of Canada (TSE:RY)Earnings History by Quarter for Royal Bank of Canada (TSE RY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/29/2017|| || || || || || || || |
|12/3/2014||C$1.59||C$1.57||C$8.79 billion||C$8.38 billion||View||N/A|
|5/22/2014||C$1.43||C$1.49||C$8.21 billion||C$8.27 billion||View||N/A|
Earnings Estimates for Royal Bank of Canada (TSE:RY)
2017 EPS Consensus Estimate: $7.23
2018 EPS Consensus Estimate: $8.05
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Royal Bank of Canada (TSE RY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Royal Bank of Canada (TSE:RY)Insider Trades by Quarter for Royal Bank of Canada (TSE:RY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/22/2017||David Ian Mckay||Director||Sell||3,577||C$94.28||C$337,239.56|
|9/22/2017||Jennifer Anne Tory||Insider||Sell||359||C$94.31||C$33,857.29|
|9/19/2017||Alex Douglas Mcgregor||Insider||Sell||10,000||C$93.10||C$931,000.00|
|8/22/2017||David Ian Mckay||Director||Sell||5,352||C$91.78||C$491,206.56|
|8/22/2017||Jennifer Anne Tory||Insider||Sell||364||C$91.78||C$33,407.92|
|7/24/2017||David Ian Mckay||Director||Sell||5,352||C$93.65||C$501,214.80|
|7/24/2017||Jennifer Anne Tory||Insider||Sell||360||C$93.63||C$33,706.80|
|6/21/2017||David Ian Mckay||Director||Sell||3,577||C$93.26||C$333,591.02|
|6/21/2017||Jennifer Anne Tory||Insider||Sell||361||C$93.20||C$33,645.20|
|6/15/2017||Alex Douglas Mcgregor||Insider||Sell||30,000||C$92.79||C$2,783,700.00|
|5/19/2017||David Ian Mckay||Director||Sell||3,578||C$92.82||C$332,109.96|
|5/19/2017||Jennifer Anne Tory||Insider||Sell||362||C$92.87||C$33,618.94|
|4/24/2017||David Ian Mckay||Director||Sell||3,578||C$95.95||C$343,309.10|
|4/24/2017||Jennifer Anne Tory||Insider||Sell||355||C$95.98||C$34,072.90|
|3/21/2017||Jennifer Anne Tory||Insider||Sell||353||C$96.66||C$34,120.98|
|3/6/2017||Alex Douglas Mcgregor||Insider||Sell||14,475||C$99.10||C$1,434,472.50|
|3/1/2017||Alex Douglas Mcgregor||Insider||Sell||25,000||C$97.55||C$2,438,750.00|
|2/22/2017||David Ian Mckay||Director||Sell||3,578||C$98.80||C$353,506.40|
|2/22/2017||Jennifer Anne Tory||Insider||Sell||349||C$98.70||C$34,446.30|
|1/23/2017||David Ian Mckay||Director||Sell||3,578||C$94.01||C$336,367.78|
|1/23/2017||Jennifer Anne Tory||Insider||Sell||359||C$94.00||C$33,746.00|
|12/7/2016||Alex Douglas Mcgregor||Insider||Sell||17,583||C$88.00||C$1,547,304.00|
|9/6/2016||Janice Rose Fukakusa||Insider||Sell||62,960||C$81.08||C$5,104,796.80|
|3/21/2016||David Ian Mckay||Director||Sell||1,447||C$75.15||C$108,744.51|
|3/21/2016||Jennifer Anne Tory||Insider||Sell||857||C$75.18||C$64,431.83|
|3/17/2016||Alex Douglas Mcgregor||Insider||Sell||20,000||C$76.07||C$1,521,362.00|
|3/11/2016||Alex Douglas Mcgregor||Insider||Sell||25,000||C$74.04||C$1,850,985.00|
|3/10/2016||Alex Douglas Mcgregor||Insider||Sell||28,000||C$73.90||C$2,069,278.40|
|2/29/2016||William Geoffrey Beattie||Director||Buy||50,000||C$68.69||C$3,434,250.00|
|2/22/2016||David Ian Mckay||Director||Sell||1,447||C$71.76||C$103,837.73|
|2/22/2016||Jennifer Anne Tory||Insider||Sell||885||C$71.76||C$63,507.60|
|1/22/2016||David Ian Mckay||Director||Sell||1,447||C$67.57||C$97,780.74|
|1/22/2016||Jennifer Anne Tory||Insider||Sell||922||C$67.65||C$62,373.12|
|1/12/2016||Douglas Antony Guzman||Insider||Buy||25||C$70.29||C$1,757.25|
|1/11/2016||William Geoffrey Beattie||Director||Buy||50,000||C$70.33||C$3,516,620.00|
|12/23/2015||Victor Leyland Young||Director||Sell||5,000||C$74.60||C$372,979.00|
|12/14/2015||Alex Douglas Mcgregor||Insider||Sell||5,000||C$17.85||C$89,270.00|
|12/7/2015||Alex Douglas Mcgregor||Insider||Sell||53,273||C$75.51||C$4,022,820.03|
|11/20/2015||Alex Douglas Mcgregor||Insider||Sell||12,117||C$76.29||C$924,404.72|
|10/22/2015||Alex Douglas Mcgregor||Insider||Sell||12,301||C$74.56||C$917,115.82|
|9/25/2015||David Francis Denison||Director||Buy||1,000||C$72.10||C$72,100.00|
|9/22/2015||Alex Douglas Mcgregor||Insider||Sell||12,639||C$71.66||C$905,748.66|
|8/24/2015||Alex Douglas Mcgregor||Insider||Sell||12,761||C$70.65||C$901,567.20|
|7/22/2015||Alex Douglas Mcgregor||Insider||Sell||12,148||C$76.01||C$923,402.28|
|6/19/2015||Alex Douglas Mcgregor||Insider||Sell||12,012||C$77.28||C$928,259.73|
|5/22/2015||Alex Douglas Mcgregor||Insider||Sell||11,734||C$80.01||C$938,865.50|
|4/22/2015||Alex Douglas Mcgregor||Insider||Sell||11,748||C$79.80||C$937,438.71|
|3/20/2015||Alex Douglas Mcgregor||Insider||Sell||12,109||C$76.35||C$924,556.06|
Headline Trends for Royal Bank of Canada (TSE:RY)
Latest Headlines for Royal Bank of Canada (TSE:RY)
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Royal Bank of Canada (RY) Chart for Monday, October, 23, 2017