Royal Bank of Canada/RY
$106.79
0.75%-
1D1W1MYTD1YMAX
About Royal Bank of Canada
Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.
Ticker
RY
Sector
Financials
Trading on
NYSE
Industry
Money Center Banks
CEO
David Mckay
Employees
90,166
Headquarters
Toronto, Canada
Website
www.rbcroyalbank.com
RY Metrics
BasicAdvanced
$205B
Market cap
13.57
P/E ratio
$10.71
EPS
0.84
Beta
$5.40
Dividend rate
3.8%
Dividend yield
Price and volume
Market cap
$205B
Beta
0.83656
52-week high
$145.45
52-week low
$107.92
Average daily volume
4.8M
Dividend rate
$5.40
Financial strength
Long term debt to equity
9.902
Total debt to equity
327.368
Dividend payout ratio (TTM)
50.46%
Management effectiveness
Return on assets (TTM)
0.78%
Return on equity (TTM)
14.35%
Valuation
Price to earnings (TTM)
13.569
Price to revenue (TTM)
3.753
Price to book
1.889
Price to tangible book (TTM)
2.084
Five year average dividend yield
4.07%
Dividend yield (TTM)
3.72%
Forward dividend yield
3.8%
Growth
Revenue change (TTM)
76.87%
Earnings per share change (TTM)
2.51%
3-year revenue growth
35.61%
3-year earnings per share growth
10.31%
3-year dividend per share growth
7.57%
What the Analysts think about RY
Analyst Ratings
Majority rating from 17 analysts.
Price Targets
Average projection from 15 analysts.
High $115.31
Low $86.67
$106.79
Current price
$106.90
Average price target
RY Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
CA$33B
5.73%
Net income
CA$3.6B
-13.3%
Profit margin
10.92%
-18.02%
RY Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
CA$2.65
CA$2.84
CA$2.78
CA$2.85
-
Expected
CA$2.79
CA$2.71
CA$2.62
CA$2.80
CA$2.75
Surprise
-4.92%
4.85%
5.96%
1.7%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Upcoming events
FAQs
What’s the current market cap for Royal Bank of Canada stock?
Royal Bank of Canada (RY) has a market cap of $205B as of May 20, 2024.
What is the P/E ratio for Royal Bank of Canada stock?
The price to earnings (P/E) ratio for Royal Bank of Canada (RY) stock is 13.57 as of May 20, 2024.
Does Royal Bank of Canada stock pay dividends?
Yes, the Royal Bank of Canada (RY) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $5.4 and the yield is 3.8%. Royal Bank of Canada has a payout ratio of 50.46% on a trailing twelve-month basis.
When is the next Royal Bank of Canada dividend payment date?
The next Royal Bank of Canada (RY) dividend payment is scheduled for May 24, 2024.
What is the beta indicator for Royal Bank of Canada?
Royal Bank of Canada (RY) has a beta rating of 0.84. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
What is the Royal Bank of Canada stock price target?
The target price for Royal Bank of Canada (RY) stock is $106.9, which is 0.1% above the current price of $106.79. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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