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How to buy Royal Bank of Canada stock (RY)

Buy Royal Bank of Canada stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. Its last market close was $126.05 – an increase of 2.12% over the previous week. Royal Bank of Canada employs 96,165 staff and has a trailing 12-month revenue of around $56.5 billion.

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Royal Bank of Canada stock price (NYSE: RY)

Use our graph to track the performance of RY stocks over time.

Royal Bank of Canada shares at a glance

Information last updated 2024-10-15.
Latest market close$126.05
52-week range$75.61 - $125.28
50-day moving average $118.99
200-day moving average $106.49
Wall St. target price$112.97
PE ratio 15.172
Dividend yield $5.53 (3.42%)
Earnings per share (TTM) $8.20

Is it a good time to buy Royal Bank of Canada stock?

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.

Royal Bank of Canada price performance over time

Historical closes compared with the close of $126.05 from 2024-10-18

1 week (2024-10-15) 1.32%
1 month (2024-09-20) 3.39%
3 months (2024-07-22) 12.95%
6 months (2024-04-22) 27.07%
1 year (2023-10-20) 55.67%
2 years (2022-10-21) 38.94%
3 years (2021-10-22) 16.98%
5 years (2019-10-22) 67.22%

Is Royal Bank of Canada stock undervalued or overvalued?

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 P/E ratio

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 15x. In other words, Royal Bank of Canada shares trade at around 15x 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 PEG ratio

Royal Bank of Canada's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1282. 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.

Royal Bank of Canada financials

Revenue TTM $56.5 billion
Operating margin TTM 41.5%
Gross profit TTM $48.5 billion
Return on assets TTM 0.8%
Return on equity TTM 13.69%
Profit margin 28.67%
Book value $81.28
Market Capitalization $176.2 billion

TTM: trailing 12 months

Royal Bank of Canada's environmental, social and governance track record

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.

Royal Bank of Canada's total ESG risk score

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 12/31/2018) 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.).

Royal Bank of Canada's environmental score

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.

Royal Bank of Canada's social score

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.

Royal Bank of Canada's governance score

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.

Royal Bank of Canada's controversy score

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.

Environmental, social, and governance (ESG) summary

Royal Bank of Canada was last rated for ESG on: 2019-01-01.

Total ESG score 23.95
Total ESG percentile 24.4
Environmental score 6.8
Environmental score percentile 7
Social score 16.36
Social score percentile 7
Governance score 8.8
Governance score percentile 7
Level of controversy 3

Royal Bank of Canada share dividends

35%

Dividend payout ratio: 34.82% of net profits

Recently Royal Bank of Canada has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Royal Bank of Canada's case, that would currently equate to about $5.53 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 21 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 23 October 2024 (the "ex-dividend date").

Have Royal Bank of Canada's shares ever split?

Royal Bank of Canada's shares were split on a 2:1 basis on 6 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.

Royal Bank of Canada share price volatility

Over the last 12 months, Royal Bank of Canada's shares have ranged in value from as little as $75.6091 up to $125.28. A popular way to gauge a stock's volatility is its "beta".

RY.US volatility(beta: 0.84)Avg. volatility(beta: 1.00)LowHigh

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 0.843. This would suggest that Royal Bank of Canada's shares are less volatile than average (for this exchange).

Royal Bank of Canada overview

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.

Frequently asked questions

What percentage of Royal Bank of Canada is owned by insiders or institutions?
Currently 0.002% of Royal Bank of Canada shares are held by insiders and 52.636% by institutions.
How many people work for Royal Bank of Canada?
Latest data suggests 96,165 work at Royal Bank of Canada.
When does the fiscal year end for Royal Bank of Canada?
Royal Bank of Canada's fiscal year ends in October.
Where is Royal Bank of Canada based?
Royal Bank of Canada's address is: Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5
What is Royal Bank of Canada's ISIN number?
Royal Bank of Canada's international securities identification number is: CA7800871021
What is Royal Bank of Canada's CUSIP number?
Royal Bank of Canada's Committee on Uniform Securities Identification Procedures number is: 780087102

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