Looking to buy RBC stock in Canada? Here’s how to buy RY, including the current RBC stock price, online brokers with access to RY stock and the answer to the question, “Is it a good time to buy RBC Royal Bank stock?” Read our guide below.
Royal Bank of Canada (RY) is a leading banks-diversified business based in Canada. It opened the day at C$131.24 after a previous close of C$131.08. During the day the price has varied from a low of C$130.65 to a high of C$131.59. The latest price was C$131.06 (25 minute delay). Royal Bank of Canada is listed on the TO and employs 85,887 staff. All prices are listed in Canadian Dollars.
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.
Since the stock market crash in March caused by coronavirus, Royal Bank of Canada's stock price has had significant positive movement.
Its last market close was C$127.66, which is 14.45% up on its pre-crash value of C$109.21 and 77.31% up on the lowest point reached during the March crash when the stocks fell as low as C$72.
If you had bought C$1,000 worth of Royal Bank of Canada stocks at the start of February 2020, those stocks would have been worth C$689.99 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$1,219.15.
|52-week range||C$88.2413 - C$134.23|
|50-day moving average||C$130.0258|
|200-day moving average||C$123.3533|
|Wall St. target price||C$142.12|
|Dividend yield||C$4.32 (3.33%)|
|Earnings per share (TTM)||C$10.616|
Note: The dollar amounts in the table below are in Canadian dollars.
|1 week (2021-09-10)||1.10%|
|1 month (2021-08-18)||0.31%|
|3 months (2021-06-18)||4.05%|
|6 months (2021-03-18)||11.98%|
|1 year (2020-09-18)||37.28%|
|2 years (2019-09-18)||23.30%|
|3 years (2018-09-18)||26.08%|
|5 years (2016-09-16)||62.28%|
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 stocks trade at around 12x recent earnings.
Royal Bank of Canada's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.74. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
|Revenue TTM||CADC$48.5 billion|
|Operating margin TTM||43.45%|
|Gross profit TTM||CADC$42.8 billion|
|Return on assets TTM||0.91%|
|Return on equity TTM||16.86%|
|Market capitalisation||CADC$181.9 billion|
TTM: trailing 12 months
There are currently 11.4 million Royal Bank of Canada stocks held short by investors – that's known as Royal Bank of Canada's "short interest". This figure is 38.8% up from 8.2 million last month.
There are a few different ways that this level of interest in shorting Royal Bank of Canada stocks can be evaluated.
Royal Bank of Canada's "short interest ratio" (SIR) is the quantity of Royal Bank of Canada stocks currently shorted divided by the average quantity of Royal Bank of Canada stocks traded daily (recently around 2.7 million). Royal Bank of Canada's SIR currently stands at 4.26. In other words for every 100,000 Royal Bank of Canada stocks traded daily on the market, roughly 4260 stocks 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 stocks, or, against the total number of tradable Royal Bank of Canada stocks (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 0.01% of the outstanding stocks (for every 100,000 Royal Bank of Canada stocks in existence, roughly 10 stocks are currently held short) or 0.008% of the tradable stocks (for every 100,000 tradable Royal Bank of Canada stocks, roughly 8 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock 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: 16.95
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Royal Bank of Canada's overall score of 16.95 (as at 01/01/2019) is excellent – landing it in it in the 17th 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: 0.2/100
Social score: 9.36/100
Governance score: 1.8/100
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||16.95|
|Total ESG percentile||17.4|
|Level of controversy||3|
Dividend payout ratio: 40.19% of net profits
Recently Royal Bank of Canada has paid out, on average, around 40.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.33% 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 3.33% return on their shares, in the form of dividend payments. In Royal Bank of Canada's case, that would currently equate to about C$4.32 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 November 2021. The latest dividend was paid out to all shareholders who bought their stocks by 25 October 2021 (the "ex-dividend date").
Royal Bank of Canada stocks were split on a 2:1 basis on 23 March 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 stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Royal Bank of Canada stocks which in turn could have impacted Royal Bank of Canada's stock price.
Over the last 12 months, Royal Bank of Canada's stocks have ranged in value from as little as C$88.2413 up to C$134.23. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Royal Bank of Canada's is 0.7908. This would suggest that Royal Bank of Canada's stocks 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.
Everything we know about the Progenity IPO, plus information on how to buy in. Read more…
We look at 6 popular stock discussion groups from Canada and overseas.Read more…
We’ve rounded up the top dividend stocks in Canada. Check out current stock prices, historical stock performance, company info and more.Read more…
Buy a car completely online through Clutch, a car-buying platform with over 700 vehicles.
Here is what you can expect to happen to your shares in the case of a company takeover, as well as your options.
Steps to owning and managing Weber Inc. stocks, with 24-hour and historical pricing before you buy.
Steps to owning and managing Taiga Building Products Ltd. (TBL) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing Paramount Resources Ltd. (POU) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing BRP Inc. (DOO) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing Dividend 15 Split Corp. (DFN) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing Diversified Royalty Corp. (DIV) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing [company] Financial 15 Split Corp. (FTN) stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing Fiera Capital Corporation (FSZ) stock, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.