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Royal Bank Of Canada (RY)
NYSE:RY
Holding RY?
Track your performance easily
RY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$77.90 - $124.46
Previous Close$122.86
Volume588.21K
Average Volume (3M)1.01M
Market Cap
$173.62B
Enterprise Value$199.17B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$34.59B
Price to Earnings (P/E)14.9
Beta0.74
Next Earnings
Dec 04, 2024EPS Estimate
$2.2Next Dividend Ex-Date
Oct 24, 2024Dividend Yield3.3%
Share Statistics
EPS (TTM)8.27
Shares Outstanding1,414,455,806
10 Day Avg. Volume618,228
30 Day Avg. Volume1,005,771
Standard Deviation0.07
R-Squared0.46
Alpha0.00289
Financial Highlights & Ratios
Price to Book (P/B)1.51
Price to Sales (P/S)4.54
Price to Cash Flow (P/CF)2.60
P/FCF Ratio1.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$126.42Price Target Upside3.15% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Royal Bank Of Canada News
PremiumStock Analysis & Ideas
Which of these Strong Buy Dividend Stocks takes Top Spot?
Bulls Say, Bears Say
Bulls Say
Acquisition And IntegrationRY's acquisition of HSBC provides significant growth and efficiency opportunities and, with no material disruptions emanating from the integration, there are few impediments to outsized growth against its peers.
Earnings And Financial PerformanceRBC reported Q2 results that featured an EPS beat driven by outstanding performance in commercial and investment banking.
Revenue DiversificationRevenue diversification across business segments and geographies also positive differentiators.
Bears Say
CostsAdjusted non-interest expense was slightly above expectations, indicating higher costs that could affect profitability.
CreditCredit will continue to weaken due to uneven domestic employment growth, making it incrementally more difficult for the banks to earn through higher provisions than it was in Q1.
Financial PerformanceWealth Management earnings were down 26% year-over-year.
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Ownership Overview
0.20% Insiders
5.03% Mutual Funds
21.71% Other Institutional Investors
73.06% Public Companies and Individual Investors
RY FAQ
What was Royal Bank Of Canada’s price range in the past 12 months?
Royal Bank Of Canada lowest stock price was $77.90 and its highest was $124.46 in the past 12 months.
What is Royal Bank Of Canada’s market cap?
Currently, no data Available
When is Royal Bank Of Canada’s upcoming earnings report date?
Royal Bank Of Canada’s upcoming earnings report date is Dec 04, 2024 which is in 75 days.
How were Royal Bank Of Canada’s earnings last quarter?
Royal Bank Of Canada released its earnings results on Aug 28, 2024. The company reported $2.399 earnings per share for the quarter, beating the consensus estimate of $2.176 by $0.223.
Is Royal Bank Of Canada overvalued?
According to Wall Street analysts Royal Bank Of Canada’s price is currently Undervalued.
Does Royal Bank Of Canada pay dividends?
Royal Bank Of Canada pays a Quarterly dividend of $1.05 which represents an annual dividend yield of 3.3%. See more information on Royal Bank Of Canada dividends here
What is Royal Bank Of Canada’s EPS estimate?
Royal Bank Of Canada’s EPS estimate is $2.2.
How many shares outstanding does Royal Bank Of Canada have?
Royal Bank Of Canada has 1,412,203,400 shares outstanding.
What happened to Royal Bank Of Canada’s price movement after its last earnings report?
Royal Bank Of Canada reported an EPS of $2.399 in its last earnings report, beating expectations of $2.176. Following the earnings report the stock price went up 2.096%.
Which hedge fund is a major shareholder of Royal Bank Of Canada?
Among the largest hedge funds holding Royal Bank Of Canada’s share is Fisher Asset Management LLC. It holds Royal Bank Of Canada’s shares valued at 32M.
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Royal Bank Of Canada Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$126.42 (3.15% Upside)
$126.42 (3.15% Upside)
Blogger Sentiment
Bullish
RY Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 330.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.04%
12-Months-Change
Fundamentals
Return on Equity
13.54%
Trailing 12-Months
Asset Growth
1.04%
Trailing 12-Months
Company Description
Royal Bank Of Canada
Founded in 1864, Royal Bank of Canada is Canada's largest bank in terms of market capitalization. It provides banking and financial services across Canada, the United States and other selected countries. It operates through the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support.
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RY Company Deck
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RY Earnings Call
Q3 2024
0:00 / 0:00
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RY Stock 12 Month Forecast
Average Price Target
$126.42
▲(3.15% Upside)
Technical Analysis
Toronto Dominion Bank
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Bank Of Nova Scotia
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Canadian Bank of Commerce
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Bank Of Montreal
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Best Analysts Covering RY
1 Year
1 Year Success Rate
21/27 ratings generated profit
1 Year Average Return
+15.74%
reiterated a buy rating 2 months ago
Copying Douglas Young's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +15.74% per trade.
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