Log in

TSE:RYRoyal Bank of Canada Stock Price, Forecast & News

C$89.33
-2.00 (-2.19 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
C$88.99
Now: C$89.33
C$91.12
50-Day Range
C$82.26
MA: C$85.23
C$92.25
52-Week Range
C$72.00
Now: C$89.33
C$109.68
Volume4.12 million shs
Average Volume4.85 million shs
Market CapitalizationC$127.13 billion
P/E Ratio9.92
Dividend Yield4.73%
BetaN/A
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts; home equity and auto financing, personal lending, private banking, mutual fund, self-directed brokerage account, and guaranteed investment certificate services; and credit cards, and payment products and solutions for individuals. It also provides lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, and trade products and services to small and medium-sized commercial businesses. In addition, this segment offers international financing and trade promotion services through branches, automated teller machines, and online and mobile banking. The company's Wealth Management provides investment, trust, banking, credit, and other wealth management solutions to high and ultra-high net worth clients; and asset management products to institutional and individual clients through its distribution channels and third-party distributors. Its 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. The company's 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. Its 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. The company was founded in 1864 and is headquartered in Toronto, Canada.
Read More
Royal Bank of Canada logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.67 out of 5 stars


Industry, Sector and Symbol

Industry Banks - Global
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-416-9748393

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$45.48 billion
Cash FlowC$397.91 per share
Book ValueC$54.99 per share

Profitability

Miscellaneous

Employees82,108
Outstanding Shares1,423,110,000
Market CapC$127.13 billion
Next Earnings Date8/19/2020 (Estimated)
OptionableOptionable

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.

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

How has Royal Bank of Canada's stock 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 1.7% and is now trading at C$89.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Royal Bank of Canada?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Royal Bank of Canada.

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, August 19th 2020. View our earnings forecast for Royal Bank of Canada.

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, May 27th. Investors of record on Monday, July 27th will be given a dividend of 1.08 per share on Monday, August 24th. This represents a $4.32 annualized dividend and a yield of 4.84%. The ex-dividend date is Friday, July 24th. View Royal Bank of Canada's dividend history.

What price target have analysts set for RY?

5 equities research analysts have issued 1 year price objectives for Royal Bank of Canada's shares. Their forecasts range from C$86.50 to C$120.00. On average, they expect Royal Bank of Canada's share price to reach C$102.05 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Royal Bank of Canada.

Has Royal Bank of Canada been receiving favorable news coverage?

News headlines about RY stock have been trending negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Royal Bank of Canada earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutRoyal Bank of Canada.

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 Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Bank of Montreal (BMO), BCE (BCE), Canadian Imperial Bank of Commerce (CM), Suncor Energy (SU), TELUS (T), Manulife Financial (MFC) and National Bank of Canada (NA).

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 56)
  • Mr. Rod Bolger, Chief Financial Officer
  • Mr. Douglas A. Guzman, Group Head of Wealth Management & Insurance
  • Mr. Neil McLaughlin, Group Head of Personal & Commercial Banking
  • Mr. A. Douglas McGregor, Group Head of Capital Markets, Investor & Treasury Services (Age 62)

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 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?

One share of RY stock can currently be purchased for approximately C$89.33.

How big of a company is Royal Bank of Canada?

Royal Bank of Canada has a market capitalization of C$127.13 billion and generates C$45.48 billion in revenue each year. Royal Bank of Canada employs 82,108 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.

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 5/31/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.