Overview Performance Dividends Fundamentals Peer Group Correlations Pair Trades Institutions Insider Forecasts Options

Royal Bank of Canada (RY) - Stock & Dividends

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

Royal Bank of Canada, traded on the NYSE under the symbol RY, is a global financial services company that offers a wide range of services to individuals and businesses around the world.

The company's Personal & Commercial Banking segment provides various financial products such as checking and savings accounts, home equity financing, personal lending, private banking, mutual funds, credit cards, and more to both individual and small to medium-sized commercial clients.

Additionally, their Wealth Management segment offers tailored wealth, investment, banking, and trust solutions to high net worth individuals and institutional clients, along with asset management products for both individuals and institutions.

Royal Bank of Canada's Insurance segment provides a range of insurance products including life, health, auto, home, and property insurance to individuals and businesses through various channels like advice centers, mobile advisors, and independent brokers.

Furthermore, the company's Capital Markets segment delivers advisory, sales, trading, lending, and transaction services to corporations, institutional clients, and government entities, enhancing their financial capabilities.

Established in 1864 and headquartered in Toronto, Canada, Royal Bank of Canada continues to be a leading figure in the global financial sector. For more information, visit their website at https://www.rbc.com.

Drawdown (Underwater) Chart

Overall Trend and Yearly Seasonality

RY Stock Overview

Market Cap in USD	142,978m
Sector	Financial Services
Industry	Banks - Diversified
GiC SubIndustry	Diversified Banks
TER	0.00%
IPO / Inception	1995-10-16

RY Stock Ratings

Growth 5y	4.48
Fundamental	-13.5
Dividend	8.01
Rel. Performance vs Sector	-2.04
Analysts	3.82/5
Fair Price Momentum	93.45 USD
Fair Price DCF	224.88 USD

RY Dividends

Yield 12m	4.17%
Yield on Cost 5y	6.21%
Dividends CAGR 5y	5.32%
Payout Consistency	99.3%

RY Growth Ratios

Growth 12m	3.72%
Growth Correlation 12m	30%
Growth Correlation 3m	27%
CAGR 5y	8.25%
Sharpe Ratio 12m	-0.09
Alpha vs SP500 12m	-20.83
Beta vs SP500 5y weekly	0.90
ValueRay RSI	30.90
Volatility GJR Garch 1y	19.48%
Price / SMA 50	-1.66%
Price / SMA 200	5.03%
Current Volume	3537.1k
Average Volume 20d	1288.2k

External Links for RY Stock

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

What is the price of RY stocks?
As of April 26, 2024, the stock is trading at USD 97.27 with a total of 3,537,112 shares traded.
Over the past week, the price has changed by +0.51%, over one month by -2.16%, over three months by -0.57% and over the past year by +1.90%.

What is the forecast for RY stock price target?
According to ValueRays Forecast Model, RY Royal Bank of Canada will be worth about 100.9 in April 2025. The stock is currently trading at 97.27. This means that the stock has a potential upside of +3.76%.

Issuer	Forecast	Upside
Wallstreet Target Price	99.9	2.66
Analysts Target Price	98.4	1.17
ValueRay Target Price	100.9	3.76

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.