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RY - Royal Bank of Canada - Stock & Dividends

Exchange: USA Stocks • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA7800871021

Banking, Wealth Management, Insurance, Capital Markets

Royal Bank of Canada (RBC) is a leading financial institution that provides a wide range of services to individuals, businesses, and institutions worldwide. Through its Personal & Commercial Banking segment, RBC offers a comprehensive suite of financial products and services, including checking and savings accounts, home equity financing, personal lending, credit cards, and payment solutions. Additionally, the segment provides lending, leasing, deposit, investment, foreign exchange, cash management, and trade products to small and medium-sized commercial businesses, as well as auto dealer financing and other services.

RBC's Wealth Management segment caters to high net worth and ultra-high net worth individuals, as well as institutional clients, offering a range of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies. The segment also provides asset management products to institutional and individual clients, and asset and investor services to financial institutions, asset managers, and asset owners. This enables clients to make informed investment decisions and achieve their financial goals.

The company's Insurance segment offers a diverse range of insurance products and services, including life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance solutions. These services are provided to individual, business, and group clients through various channels, including advice centers, RBC insurance stores, mobile advisors, digital platforms, and independent brokers and partners. This allows clients to manage risk and protect their assets.

RBC's Capital Markets segment provides advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. This enables clients to access capital markets, manage risk, and achieve their financial objectives. With a rich history dating back to 1864, RBC is headquartered in Toronto, Canada, and operates globally, providing innovative financial solutions to its clients.

Drawdown (Underwater) Chart

Overall Trend and Yearly Seasonality

RY Stock Overview

Market Cap in USD	155,241m
Sector	Financial Services
Industry	Banks - Diversified
GiC SubIndustry	Diversified Banks
TER	0.00%
IPO / Inception	1995-10-16

RY Stock Ratings

Growth 5y	55.4
Fundamental	-25.7
Dividend	67.6
Rel. Performance vs Sector	0.21
Analysts	4.06/5
Fair Price Momentum	113.50 USD
Fair Price DCF	115.49 USD

RY Dividends

Dividend Yield 12m	3.67%
Yield on Cost 5y	6.25%
Dividends CAGR 5y	5.32%
Payout Consistency	99.3%

RY Growth Ratios

Growth 12m	17.19%
Growth Correlation 12m	66%
Growth Correlation 3m	65%
CAGR 5y	11.19%
CAGR/Mean DD 5y	1.18
Sharpe Ratio 12m	0.68
Alpha vs SP500 12m	-2.00
Beta vs SP500 5y weekly	0.89
ValueRay RSI	66.97
Volatility GJR Garch 1y	13.68%
Price / SMA 50	3.96%
Price / SMA 200	14.97%
Current Volume	667.4k
Average Volume 20d	1278.6k

External Links for RY Stock

News
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle

What is the price of RY stocks?
As of July 27, 2024, the stock is trading at USD 110.67 with a total of 667,352 shares traded.
Over the past week, the price has changed by +0.52%, over one month by +5.79%, over three months by +13.81% and over the past year by +16.47%.

What are the forecast for RY stock price target?
According to ValueRays Forecast Model, RY Royal Bank of Canada will be worth about 122.6 in July 2025. The stock is currently trading at 110.67. This means that the stock has a potential upside of +10.76%.

Issuer	Forecast	Upside
Wallstreet Target Price	105.1	-5.08
Analysts Target Price	98.4	-11.1
ValueRay Target Price	122.6	10.8

Royal Bank of Canada: A Comprehensive Overview

History

Founded in 1864 in Halifax, Nova Scotia, the Royal Bank of Canada (RBC) stands as a testament to the enduring value of financial services. Initially established to facilitate commerce, RBC quickly expanded its reach across Canada and, subsequently, the globe. Its rich history is marked by strategic growth, including significant acquisitions and the expansion into various financial services markets, solidifying its position as a leading global bank.

Core Business

RBC's core business revolves around providing a wide range of banking and financial services. These include personal and commercial banking, wealth management, insurance, and capital markets operations. Through its comprehensive suite of services, RBC caters to a diverse clientele, including individuals, small businesses, corporations, and governments. Its commitment to leveraging technology for innovative solutions plays a pivotal role in its operations.

Side Business & Innovations

Alongside its primary financial services, RBC has ventured into technology and innovation sectors to stay ahead in a competitive market. This includes investments in artificial intelligence and blockchain technology to enhance customer service and operational efficiency. Additionally, RBC has interests in social impact investments and community-focused initiatives, displaying a commitment to corporate responsibility.

Current Market Status

As of 2023, RBC remains a formidable entity in the financial sector, with a strong presence on the New York Stock Exchange (NYSE: RY). The bank has shown resilience in the face of economic fluctuations, consistently posting robust financial results. This performance is bolstered by its international operations and a solid base in Canada, making it one of North America's most significant and stable banking institutions.