Royal Bank of Canada (RY)
- Previous Close
96.90 - Open
97.00 - Bid --
- Ask --
- Day's Range
96.73 - 98.12 - 52 Week Range
77.90 - 103.88 - Volume
792,365 - Avg. Volume
1,225,369 - Market Cap (intraday)
138.363B - Beta (5Y Monthly) 0.83
- PE Ratio (TTM)
12.51 - EPS (TTM)
7.82 - Earnings Date May 30, 2024
- Forward Dividend & Yield 4.08 (4.17%)
- Ex-Dividend Date Apr 24, 2024
- 1y Target Est
98.63
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, including auto financing, 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 commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
www.rbc.com90,166
Full Time Employees
October 31
Fiscal Year Ends
Sector
Industry
Recent News: RY
Performance Overview: RY
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: RY
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Statistics: RY
Valuation Measures
Market Cap
138.17B
Enterprise Value
--
Trailing P/E
12.51
Forward P/E
11.93
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.34
Price/Book (mrq)
1.76
Enterprise Value/Revenue
--
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
28.61%
Return on Assets (ttm)
0.78%
Return on Equity (ttm)
13.66%
Revenue (ttm)
53.51B
Net Income Avi to Common (ttm)
15.06B
Diluted EPS (ttm)
7.82
Balance Sheet and Cash Flow
Total Cash (mrq)
684.23B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: RY
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: RY
Weekly Stock List
Our list this week shines a light on international stocks. We sorted our database for large-cap international stocks valued above $50 billion and with a High or Medium-High Argus rating for Financial Strength. We then sorted further, looking for stocks in the group that are furthest from their 52-week high, suggesting value. Timing matters, of course, and stocks have been on a tear lately. We ran the same list a month ago and note some shifting today. Roche Holding was on our initial list, but we have since downgraded it to a HOLD. Novo Nordisk has had tremendous attention from investors, but was not on our previous list as it was hitting new highs -- and has fallen from those highs in the past few weeks. Here is our current list of Argus large-cap BUY-rated international stocks that seem to offer value.
Analyst Report: Royal Bank of Canada
The Royal Bank of Canada is one of Canada's largest banks. It is also one of the largest banks in the world, with a market capitalization of $136 billion. The company has 97,000 employees and more than 1,200 banking branches in 29 countries.
RatingBullishPrice TargetMarket Update: RY, MNST, ICE, LOW, PNW, ZM
Stocks were mixed on Thursday after core PCE came in as expected. Prices rose 0.3% in January, bringing annual inflation to 2.4% -- down from 2.6% last month. Core PCE rose 0.4%, which brings the annual rate to 2.8%, down from 2.9% last month. Prices for services increased 0.6%, while goods prices decreased 0.2% and energy prices fell 1.4% from December. Initial jobless claims rose by 13,000 to 215,000 for the week ended February 24. The S&P 500 was up 0.1%, the Dow fell 0.2% and the Nasdaq gained 0.3%. Crude oil traded near $79 per barrel and gold was up $11 to $2053 per ounce.
Analyst Report: 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 U.S. and other countries.
RatingNeutralPrice Target