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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 84,030 staff and has a market cap (total outstanding shares value) of USD$123.2 billion.
|52-week range||USD$47.3379 - USD$90.59|
|50-day moving average||USD$84.5645|
|200-day moving average||USD$78.5347|
|Wall St. target price||USD$88.28|
|Dividend yield||USD$2.834 (3.27%)|
|Earnings per share (TTM)||USD$6.286|
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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.
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 14x. In other words, Royal Bank of Canada shares trade at around 14x 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 2.84. 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.
|Gross profit TTM||USD$42.8 billion|
|Return on assets TTM||0.75%|
|Return on equity TTM||13.51%|
|Market capitalisation||USD$123.2 billion|
TTM: trailing 12 months
There are currently 5.3 million Royal Bank of Canada shares held short by investors – that's known as Royal Bank of Canada's "short interest". This figure is 20.1% up from 4.4 million last month.
There are a few different ways that this level of interest in shorting Royal Bank of Canada shares can be evaluated.
Royal Bank of Canada's "short interest ratio" (SIR) is the quantity of Royal Bank of Canada shares currently shorted divided by the average quantity of Royal Bank of Canada shares traded daily (recently around 1.3 million). Royal Bank of Canada's SIR currently stands at 4.05. In other words for every 100,000 Royal Bank of Canada shares traded daily on the market, roughly 4050 shares are currently held short.
However Royal Bank of Canada's short interest can also be evaluated against the total number of Royal Bank of Canada shares, or, against the total number of tradable Royal Bank of Canada shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Royal Bank of Canada's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Royal Bank of Canada shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Royal Bank of Canada shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Royal Bank of Canada.
Find out more about how you can short Royal Bank of Canada stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Royal Bank of Canada.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 23.95
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Royal Bank of Canada's overall score of 23.95 (as at 01/01/2019) is pretty good – landing it in it in the 24th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Royal Bank of Canada is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 6.8/100
Royal Bank of Canada's environmental score of 6.8 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Royal Bank of Canada is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 16.36/100
Royal Bank of Canada's social score of 16.36 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Royal Bank of Canada is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 8.8/100
Royal Bank of Canada's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Royal Bank of Canada is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Royal Bank of Canada scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Royal Bank of Canada hasn't always managed to keep its nose clean.
|Total ESG score||23.95|
|Total ESG percentile||24.4|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||3|
Dividend payout ratio: 50.98% of net profits
Recently Royal Bank of Canada has paid out, on average, around 50.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.95% 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 3.95% return on their shares, in the form of dividend payments. In Royal Bank of Canada's case, that would currently equate to about $2.834 per share.
Royal Bank of Canada's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Royal Bank of Canada's most recent dividend payout was on 24 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 21 April 2021 (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 $47.3379 up to $90.59. 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 0.7949. 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, 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 creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. Its Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. Royal Bank of Canada has a strategic partnership with Royal College Of Physicians & Surgeons Of Canada to support the needs of Canada's medical specialists. The company was founded in 1864 and is headquartered in Toronto, Canada.
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