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Royal Bank of Canada (RY)

NYSE: RY · IEX Real-Time Price · USD
107.75 0.78 (0.73%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap153.51B
Revenue (ttm)36.02B
Net Income (ttm)8.73B
Shares Out1.42B
EPS (ttm)8.58
PE Ratio12.56
Forward PE11.83
Dividend4.32 (4.01%)
Ex-Dividend DateOct 25, 2021
Volume931,575
Open107.24
Previous Close106.97
Day's Range107.21 - 108.09
52-Week Range65.91 - 108.09
Beta0.80
AnalystsBuy
Price Target115.62 (+7.3%)
Est. Earnings DateDec 1, 2021

About RY

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commerc...

IndustryBanks
Founded1864
CEODavid McKay
Employees85,887
Stock ExchangeNYSE
Ticker SymbolRY
Full Company Profile

Financial Performance

In 2020, RY's revenue was 47.18 billion, an increase of 2.56% compared to the previous year's 46.00 billion. Earnings were 11.43 billion, a decrease of -11.10%.

Financial numbers in millions CADFinancial Statements

Analyst Forecast

According to 16 analysts, the average rating for RY stock is "Buy." The 12-month stock price forecast is 115.62, which is an increase of 7.30% from the latest price.

Price Target
$115.62
(7.30% upside)
Analyst Consensus: Buy

News

BMO vs. RY: Which Stock Is the Better Value Option?

BMO vs. RY: Which Stock Is the Better Value Option?

Other symbols:BMO
1 week ago - Zacks Investment Research

Royal Bank of Canada names Nadine Ahn CFO, Maria Douvas chief legal officer

(Reuters) -Royal Bank of Canada on Friday appointed two women, already in senior roles at the country's largest lender, to its executive team, joining other banks at home and globally that are increasin...

1 month ago - Reuters

10 Stocks to Buy if You Want to Support Companies Taking Covid-19 Seriously

A recent survey suggests a majority of U.S. companies could mandate vaccines. Here are 10 stocks to buy taking Covid-19 seriously.

1 month ago - InvestorPlace

7 Financial Stocks to Buy to Protect Yourself Against Rising Rates

With inflation and speculation concerns inspiring the Federal Reserve to act, these financial stocks can hedge against rising rates. The post 7 Financial Stocks to Buy to Protect Yourself Against Rising...

Other symbols:HDBJPMMSPRUSCHWTRV
1 month ago - InvestorPlace

Royal Bank of Canada (RY) Stock Up 1% as Q3 Earnings Improve

Solid loans and deposit balances, and negative provisions aid Royal Bank of Canada's (RY) fiscal Q3 results.

1 month ago - Zacks Investment Research

Royal Bank (RY) Surpasses Q3 Earnings and Revenue Estimates

Royal Bank (RY) delivered earnings and revenue surprises of 12.96% and 15.55%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Royal Bank of Canada beats quarterly profit expectations

Royal Bank of Canada beat analysts' estimates for quarterly profit on Wednesday, after it released reserves set aside to cover credit losses and as the lender saw strong growth across its banking, wealt...

1 month ago - Reuters

Royal Bank (RY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Royal Bank (RY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Royal Bank of Canada adds former indigenous charity head to board

Royal Bank of Canada, the country's largest lender, added Roberta Jamieson, former chief executive officer of indigenous charity Indspire, to its board on Wednesday.

3 months ago - Reuters

Royal Bank (RY) is an Incredible Growth Stock: 3 Reasons Why

Royal Bank (RY) could produce exceptional returns because of its solid growth attributes.

3 months ago - Zacks Investment Research

7 Stocks That Could Be Big Winners From Increasing Interest Rates

Interest rates are on the rise. So, it's the ideal time to invest in attractively priced stocks set to benefit from this development.

Other symbols:BLKBXCATMSNKEWMT
3 months ago - InvestorPlace

Is Royal Bank (RY) a Solid Growth Stock? 3 Reasons to Think " Yes "

Royal Bank (RY) could produce exceptional returns because of its solid growth attributes.

3 months ago - Zacks Investment Research

Royal Bank (RY) Hits 52-Week High, Can the Run Continue?

Royal Bank (RY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 months ago - Zacks Investment Research

5 Gurus Stocks With Predictable Businesses

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of June 15.

Other symbols:FBHDBTMOUNH
4 months ago - GuruFocus

Here is Why Growth Investors Should Buy Royal Bank (RY) Now

Royal Bank (RY) possesses solid growth attributes, which could help it handily outperform the market.

4 months ago - Zacks Investment Research

TD vs. RY: Which Stock Should Value Investors Buy Now?

TD vs. RY: Which Stock Is the Better Value Option?

Other symbols:TD
4 months ago - Zacks Investment Research

3 High Yield Stocks for the Dividend Investor

Dividend investors could be interested in the following three stocks, as they are granting much higher dividend yields than the S&P 500 Index. The benchmark index's dividend yields 1.37% as of Friday, M...

Other symbols:BHPPM
4 months ago - GuruFocus

Royal Bank of Canada (RY) Q2 Earnings Increase, Stock Up 1.3%

Royal Bank of Canada's (RY) fiscal Q2 results reflect higher revenues and lower provisions, partly offset by rise in expenses.

4 months ago - Zacks Investment Research

Royal Bank (RY) Soars to 52-Week High, Time to Cash Out?

Royal Bank (RY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 months ago - Zacks Investment Research

Canadian banks top profit estimates as lower provisions outweigh FX hit

By Nichola Saminather, Noor Zainab Hussain and Niket Nishant

Other symbols:CMTD
4 months ago - Reuters

Royal Bank (RY) Beats Q2 Earnings and Revenue Estimates (Revised)

Royal Bank (RY) delivered earnings and revenue surprises of 11.06% and 1.22%, respectively, for the quarter ended April 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Royal Bank (RY) Beats Q2 Earnings and Revenue Estimates

Royal Bank (RY) delivered earnings and revenue surprises of 10.05% and 1.22%, respectively, for the quarter ended April 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Royal Bank of Canada beats second-quarter profit expectations

Royal Bank of Canada beat analysts' estimates for quarterly profit on Thursday, driven by strength in its capital markets and wealth management units, and as it released some reserves set aside to cover...

4 months ago - Reuters

Royal Bank (RY) Reports Next Week: Wall Street Expects Earnings Growth

Royal Bank (RY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

What Makes Royal Bank (RY) a Strong Momentum Stock: Buy Now?

Does Royal Bank (RY) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 months ago - Zacks Investment Research