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Royal Bank Of Canada (TSX:RY)
Stock Analysis

RY.TO94.59
▲ 0.84%0.79

Stock Analysis

The following stock analysis is based on 7.8 years of data (i.e. since Nov 02, 2012). All the stock history has been downloaded.

Stock Exchange

Royal Bank Of Canada trades on the Toronto exchange in CAD dollars.

Sector

It is in the financial sector.

Current Status of Royal Bank Of Canada

It is currently trading at $94.59 ($93.8 the previous day).It pays a 4.48% dividend.

Financials

The next reporting date is in 19 days (2020 08 26).

CNN estimates profits for the upcoming quarter will be $1.29 per share ($8.3B). The current Canada / US exchange rate is 1.33594.



Will This Trend Continue?

The year over year average increase is 3.9% per year assuming steady exponential growth. The actual 5 year average is 5.18. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year99.204359267735-2.4- Below Average
2 year101.645222602741.8- Below Average
3 year99.8962447257389.2+ Above Average
4 year91.46049180327921.9+ Above Average
5 year75.040490566038-4.6- Below Average
Royal Bank Of Canada is projected by analysts to get to $145.61746 within the next 12 months (53.9%), but preticted targets range from as high as $145.61746 (53.9%) and as low as $145.61746(53.9%).

Risk

The worst drop it has had in recent years is -31.4%. It has a few bumps shape to the stock curve, which means the stock generally continues on a consistent trend and does not have to be checked often, but can have some variation during periods of volitility.

Stock shape test

DAYS AG0PRICE
1093.72RISING
3093.41RISING
6096.8DROPPING
15097.5DROPPING
365100.35DROPPING
80096.88RISING
120096.07RISING
160075.22RISING
200077.54DROPPING


With an average increase of 3.9% year over year, if Royal Bank Of Canada is bought at the worst time, Stockmarketizer analysts estimate it will take 96.6 months before the stock will recover to the original purchase price. The P/E value is 12.11. The stock is under valued as the industry standard in the financial sector is a P/E of 13.24.

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Yahoo News Feed

RBC to announce third quarter results on August 26, 2020

Thu, 06 Aug 2020 13:00:00 TORONTO, Aug. 6, 2020 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) will release its third quarter results for 2020 on August 26, which will be made available at rbc.... Read Full Article

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Rocket to Cut IPO to About $2 Billion from $3.3 Billion

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Philadelphia (City of) PA Gas Works -- Moodyand's affirms Aa1/VMIG 1 LOC-backed ratings of City of Philadelphia, PA Gas Works Revenue Bonds, Eighth Series D

Mon, 03 Aug 2020 18:26:09 Moody's Investors Service ("Moody's") has affirmed Aa1/VMIG 1 letter of credit (LOC) backed ratings of City of Philadelphia, Pennsylvania, Philadelphia Gas Works Revenue Refunding Bonds, Eighth Series D (1998 General Ordinance) (the Bonds). The affirmation is in connection with the issuance ...... Read Full Article

Gold Falls From Record as U.S., Europe Stocks Rise, Dollar Gains

Mon, 03 Aug 2020 18:15:20 (Bloomberg) -- Gold slipped from a record as U.S. stocks rose on positive economic data and the dollar climbed.Factories across the euro area posted a stronger return to growth in July than initially reported, marking the region’s ...... Read Full Article

Google Is Missing Out on the Covid E-Commerce Revolution

Fri, 31 Jul 2020 22:06:31 (Bloomberg) -- The Covid-19 pandemic is fueling an e-commerce boom as shuttered businesses move online -- but Google isn’t benefiting in the way its big tech rivals are.Google advertising sales fell 8% in the second quarter, causing overall revenue ...... Read Full Article

Royal Bank of Canada to let most staff work from home into 2021: memo

Thu, 30 Jul 2020 16:03:27 Royal Bank of Canada lt;RY.TOgt; will allow most employees to keep working from home into 2021, although a "very small number" of staff in the greater Toronto area may return to workplaces in mid- to late- September, according to ...... Read Full Article

Gold Gains With Fed Flagging Risk From Virus and Dollar Dropping

Wed, 29 Jul 2020 20:25:10 (Bloomberg) -- Spot gold climbed after the Federal Reserve repeated a vow to use all its tools to support the U.S. economy and warned that the resurgent coronavirus is weighing on the outlook.The central bank, which left its ...... Read Full Article

Shopify Sales Double as Merchants Forced Into Online Future

Wed, 29 Jul 2020 13:59:48 (Bloomberg) -- Shopify Inc. nearly doubled its revenue in the second quarter, crushing analysts’ estimates as a flood of merchants moved their businesses online during the coronavirus pandemic.Sales grew 97% to $714.3 million from the same quarter a year ago, Ottawa-based ...... Read Full Article

RBC Tech for Nature announces global environmental commitment and key partnerships

Wed, 29 Jul 2020 12:30:00 Investments in tech-based sustainability projects bring together more than 120 organizations to protect the worldand's natural ecosystemTORONTO, July 29, 2020 /CNW/ - RBC today announced its updated roster of partners for the RBC Tech for Nature program. Empowered by a commitment from the ...... Read Full Article

PRESS DIGEST - Canada - July 29

Wed, 29 Jul 2020 11:31:03 ... Read Full Article

Googleand's Search Dominance Deserves Hot-Seat Scrutiny

Wed, 29 Jul 2020 11:00:17 (Bloomberg Opinion) -- The main event has arrived. On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com Inc., Apple Inc. and Facebook Inc. and Google parent Alphabet Inc. —  ...... Read Full Article

Oil Slides With Expected U.S. Supply Gain Amplifying Demand Woes

Tue, 28 Jul 2020 21:13:35 (Bloomberg) -- Oil declined as investors shifted their focus to domestic supply, with expectations for another build in already swelling U.S. stockpiles.Futures in New York fell 1.3% on Tuesday. Analysts in a Bloomberg survey expect a 450,000-barrel gain in ...... Read Full Article

RBC cuts ties with Canadaand's WE Charity following review

Tue, 28 Jul 2020 15:25:28 Royal Bank of Canada said on Tuesday it has reached a mutual agreement with Canada's WE Charity to end all sponsorships and donations to the charity, following a review of their partnership. The charity did not immediately respond to a ...... Read Full Article

RBC becomes first Canadian bank to sign long-term renewable energy Power Purchase Agreement

Tue, 28 Jul 2020 13:00:00 Effective April 2021, the PPA will directly support the construction of two new utility-scale solar farms being developed in County of Forty Mile, Alberta, Canada.The 19 MW and 20 MW solar farms are anticipated to create over 300 new construction jobs and inject $70 ...... Read Full Article

RBC Signs Solar-Power Agreement in a First for a Canadian Bank

Mon, 27 Jul 2020 18:00:00 (Bloomberg) -- Royal Bank of Canada will buy solar power from BluEarth Renewables Inc. under a renewable-energy contract that’s a first of its kind for a Canadian financial firm.Canada’s largest bank and partner Bullfrog Power, a unit ...... Read Full Article

Sports-Gambling Funds Axe Ping Pong and Embrace Virtual Gaming

Fri, 24 Jul 2020 11:00:00 (Bloomberg) -- Duane Cousin is one of a handful of professional bettors seeking to turn sports gambling into an investing asset class. But when the pandemic hit, he was left with so little to wager on that he found himself ...... Read Full Article

DraftKings Gets Back to Sports After a Run of Oddball Bets

Thu, 23 Jul 2020 14:34:25 (Bloomberg) -- As big-time sports fell one by one in March, DraftKings Inc. and Flutter Entertainment Plc’s FanDuel hatched crazy ways to entice America’s gamblers. Players could win money on Kim Kardashian’s tweets or July 4 Google searches: ...... Read Full Article

Royal Bank of Canada and Borealis AI announce new AI private cloud platform, developed with Red Hat and NVIDIA

Thu, 23 Jul 2020 13:00:00 RBCand's AI private cloud platform is the first-of-its-kind in Canada to deliver intelligent software applications and boost operational efficiency.As AI models become more efficient and accurate, so do the computational complexities associated with them.... Read Full Article
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