Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Royal Bank Of Canada (TSE:RY)
TSX:RY
RY Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$130.44 - C$180.45
Previous CloseN/A
Volume325.39K
Average Volume (3M)4.77M
Market Cap
$238.67B
Enterprise ValueC$542.06B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)15.0
Beta0.96
Next Earnings
Feb 27, 2025EPS Estimate
3.24Last Dividend Ex-Date
Jan 27, 2025Dividend Yield3.47%
Share Statistics
EPS (TTM)11.27
Shares Outstanding1,415,000,000
10 Day Avg. Volume3,351,609
30 Day Avg. Volume4,765,289
Standard Deviation0.05
R-Squared0.56
Alpha0.00706
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.21
Price to Cash Flow (P/CF)3.50
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$197.04Price Target Upside16.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
---
Royal Bank Of Canada News
PremiumCompany Announcements
Royal Bank of Canada Issues $1.25 Billion in Senior Notes
PremiumCompany Announcements
Royal Bank of Canada Issues $4.25 Billion in Senior Notes
PremiumCompany Announcements
Royal Bank of Canada Announces Annual and Special Meeting for 2025---
Bulls Say, Bears Say
Bulls Say
Capital StrengthCapital levels are strong with a 13.2% CET1 ratio, which reflects robust net earnings.
Financial PerformanceRoyal Bank of Canada reported Q4 results that featured a slight EPS beat driven by solid credit, wealth momentum, and cost prudence.
Strategic GrowthRoyal Bank Of Canada's leadership in Canadian Banking is enhanced by its recently closed acquisition of HSBC Canada.
Bears Say
Credit ConditionsManagement forecasts worsening credit conditions going into the first half of the year due to increasing unemployment rates.
Earnings ImpactPersonal and Commercial Banking were both lower than expected due to higher provisions for credit losses and lower operating leverage.
Market ValuationThe target price for Royal Bank Of Canada has been lowered due to revised estimates.
---
Options Prices
Currently, No data available
---
Ownership Overview
<0.01% Insiders
5.17% Mutual Funds
12.65% Other Institutional Investors
73.63% 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 C$130.44 and its highest was C$180.45 in the past 12 months.
What is Royal Bank Of Canada’s market cap?
Royal Bank Of Canada’s market cap is $238.67B.
When is Royal Bank Of Canada’s upcoming earnings report date?
Royal Bank Of Canada’s upcoming earnings report date is Feb 27, 2025 which is in 9 days.
How were Royal Bank Of Canada’s earnings last quarter?
Royal Bank Of Canada released its earnings results on Dec 04, 2024. The company reported C$3.07 earnings per share for the quarter, beating the consensus estimate of C$3.006 by C$0.064.
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 C$1.48 which represents an annual dividend yield of 3.47%. 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 3.24.
How many shares outstanding does Royal Bank Of Canada have?
Royal Bank Of Canada has 1,415,000,000 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 C$3.07 in its last earnings report, beating expectations of C$3.006. Following the earnings report the stock price went up 0.262%.
Which hedge fund is a major shareholder of Royal Bank Of Canada?
Currently, no hedge funds are holding shares in TSE:RY
---
Royal Bank Of Canada Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$197.04 (16.82% Upside)
C$197.04 (16.82% Upside)
Blogger Sentiment
Bullish
TSE:RY Sentiment 71%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $936.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.54%
12-Months-Change
Fundamentals
Return on Equity
13.55%
Trailing 12-Months
Asset Growth
7.87%
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.
---
RY Company Deck
---
RY Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call demonstrated strong financial performance, particularly in Wealth Management and Capital Markets, with significant contributions from the HSBC Canada acquisition. However, challenges such as rising unemployment, economic concerns, and increasing delinquencies were notable issues. Despite these challenges, the bank has shown resilience and strategic growth, especially in Wealth Management and Capital Markets, along with a strategic focus on capital deployment and growth initiatives.Read More>---
RY Stock 12 Month Forecast
Average Price Target
C$197.04
▲(16.82% Upside)
Technical Analysis
Bank Of Montreal
―
Bank Of Nova Scotia
―
Canadian Bank of Commerce
―
Toronto Dominion Bank
―
National Bank of Canada
―
Best Analysts Covering RY
1 Year
1 Year Success Rate
22/29 ratings generated profit
1 Year Average Return
+14.34%
reiterated a buy rating 15 days ago
Copying Douglas Young's trades and holding each position for 1 Year would result in 75.86% of your transactions generating a profit, with an average return of +14.34% per trade.
---