Royal Bank of Canada/RY

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1D1W1MYTD1YMAX

About Royal Bank of Canada

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the US and other countries.

Ticker

RY

Sector

Financials

Trading on

NYSE

Industry

Banks

Headquarters

Toronto, Canada

Employees

94,480

RY Metrics

BasicAdvanced
$201B
Market cap
13.00
P/E ratio
$7.97
EPS
0.84
Beta
$3.99
Dividend rate
3.85%
Dividend yield
$201B
0.84
$3.99
31.84%
0.78%
13.38%
13
3.63
1.79
2.37
-3.75
3.85%
12.85%
8.22%
4.97%
3.51%
8.12%

What the Analysts think about RY

Analyst Ratings

Majority rating from 17 analysts.
Buy

RY Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.86% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$33B
1.60%
Net income
$3.9B
10.28%
Profit margin
11.86%
8.61%

RY Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 6.08%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$2.84
$2.78
$2.85
$2.92
-
Expected
$2.71
$2.62
$2.80
$2.75
$2.87
Surprise
4.85%
5.96%
1.70%
6.08%
-
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.
Market closedNon-fractional

Upcoming events

Jul
25
Royal Bank of Canada
Dividend·Ex-dividend
Aug
23
Royal Bank of Canada
Dividend·Payment
$1.42
Per share

FAQs

What’s the current market cap for Royal Bank of Canada stock?

Royal Bank of Canada (RY) has a market cap of $201B as of June 24, 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 as of June 24, 2024.

Does Royal Bank of Canada stock pay dividends?

Yes, the Royal Bank of Canada (RY) stock pays dividends to shareholders. As of June 24, 2024, the dividend rate is $3.9864 and the yield is 3.85%. Royal Bank of Canada has a payout ratio of 31.84% 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 August 23, 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 $111.86, which is NaN% below the current price of $. 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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