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Royal Bank of Canada RY Stock Quote

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NYSE: RY

Morningstar‘s Stock Analysis RY

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

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5-Star Price

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Economic Moat

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Capital Allocation

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No Major Change to Our Fair Value Estimate After Fiscal Q4 Earnings for Royal Bank of Canada

Eric Compton Strategist

Business Strategy and Outlook

| Eric Compton |

Royal Bank of Canada is one of the two largest banks in Canada by assets and one of six that collectively hold roughly 90% of the nation's banking deposits. The bank derives two thirds of its revenue from Canada, with the rest primarily coming from the United States. It has done an admirable job of expanding its nonbank lines of business, running efficient banking operations, and generating some of the best returns for shareholders in the industry. We believe RBC should remain one of the dominant Canadian banks for years to come, even as a more difficult macro backdrop pressures earnings growth in the medium term.

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Key Statistics RY

Company Profile RY

Business Description

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.

Contact
1 Place Ville-Marie, Corporate Secretary's Department
Montreal, QC, H3B 3A9, CAN
Industry Banks - Diversified
Employees 95,000

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FAQs for Royal Bank of Canada Stock

Yes. RY has a forward dividend yield of 4.02%. See RY’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

RY’s market cap is 133.63 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

RY’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

RY’s price/sales is 3.79.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

RY’s price/forward earnings is 11.06.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

RY’s price/book is 1.80.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See RY’s valuation ratios compared to the Market Index.

RY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare RY’s historical performance against its industry peers and the overall market.