Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Royal Bank of Canada is a banks-diversified business based in the US. Royal Bank of Canada shares (RY) are listed on the NYSE and all prices are listed in US Dollars. Royal Bank of Canada employs 94,398 staff and has a trailing 12-month revenue of around $51.5 billion.
Finder Award
SoFi Invest
M1 Finance
Public.com
| Latest market close | $92.34 |
|---|---|
| 52-week range | $81.13 - $103.70 |
| 50-day moving average | $95.87 |
| 200-day moving average | $96.34 |
| Wall St. target price | $100.21 |
| PE ratio | 12.4234 |
| Dividend yield | $5.2 (4.42%) |
| Earnings per share (TTM) | $7.44 |
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $92.34 from 2023-06-08
| 1 week (2023-06-02) | -0.10% |
|---|---|
| 1 month (2023-05-10) | -4.22% |
| 3 months (2023-03-09) | -5.66% |
| 6 months (2022-12-08) | -4.45% |
| 1 year (2022-06-10) | -8.22% |
|---|---|
| 2 years (2021-06-10) | -10.40% |
| 3 years (2020-06-10) | 38.10% |
| 5 years (2018-06-08) | 35.75% |
Valuing Royal Bank of Canada stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Royal Bank of Canada's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Royal Bank of Canada's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Royal Bank of Canada shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Royal Bank of Canada's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.3311. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Royal Bank of Canada's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
| Revenue TTM | $51.5 billion |
|---|---|
| Operating margin TTM | 40.08% |
| Gross profit TTM | $48.5 billion |
| Return on assets TTM | 0.76% |
| Return on equity TTM | 13.28% |
| Profit margin | 27.81% |
| Book value | $74.79 |
| Market capitalisation | $128.5 billion |
TTM: trailing 12 months
Dividend payout ratio: 35.45% of net profits
Recently Royal Bank of Canada has paid out, on average, around 35.45% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Royal Bank of Canada shareholders could enjoy a 4.42% return on their shares, in the form of dividend payments. In Royal Bank of Canada's case, that would currently equate to about $5.2 per share.
While Royal Bank of Canada's payout ratio might seem fairly standard, it's worth remembering that Royal Bank of Canada may be investing much of the rest of its net profits in future growth.
Royal Bank of Canada's most recent dividend payout was on 24 August 2023. The latest dividend was paid out to all shareholders who bought their shares by 25 July 2023 (the "ex-dividend date").
Royal Bank of Canada's shares were split on a 2:1 basis on 7 April 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Royal Bank of Canada shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Royal Bank of Canada shares which in turn could have impacted Royal Bank of Canada's share price.
Over the last 12 months, Royal Bank of Canada's shares have ranged in value from as little as $81.1294 up to $103.6989. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Royal Bank of Canada's is 0.7435. This would suggest that Royal Bank of Canada's shares are less volatile than average (for this exchange).
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 advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, 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, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments.
Access remote advice, planning and portfolio management from this established financial services company.
Steps to owning and managing ET, with 24-hour and historical pricing before you buy.
Steps to owning and managing UEC, with 24-hour and historical pricing before you buy.
Steps to owning and managing GROY, with 24-hour and historical pricing before you buy.
Here’s what happens to your securities if your brokerage fails, and how your assets are protected by SIPC and FDIC.
Learn about buying physical gold, plus stocks and ETFs, to learn how you can add gold exposure to your portfolio.
Several ETFs have exposure to Silicon Valley Bank, but it appears minimal.
Treasury Bills are fixed-income assets with maturities of less than one year. Here’s what to know before investing.
The 16th largest US bank has collapsed, but its impact on your portfolio could be limited depending on what you own.
Steps to investing in the Vanguard (VTI) Total Stock Market ETF.