RY.TO - Royal Bank of Canada

Toronto - Toronto Delayed Price. Currency in CAD
98.64
+0.22 (+0.22%)
At close: 4:39PM EST
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Previous Close98.42
Open99.20
Bid98.60 x 0
Ask98.73 x 0
Day's Range98.42 - 99.30
52 Week Range90.10 - 108.52
Volume3,148,255
Avg. Volume3,054,665
Market Cap141.948B
Beta (3Y Monthly)1.02
PE Ratio (TTM)11.79
EPS (TTM)8.36
Earnings DateFeb 21, 2019 - Feb 25, 2019
Forward Dividend & Yield3.92 (4.06%)
Ex-Dividend Date2019-01-23
1y Target Est111.50
  • Bloomberg3 hours ago

    The Early Readout on Industrial Earnings

    Federal Reserve data released Friday showed U.S. factory production expanded in December by the most in 10 months, after a decline in October and a revised modest 0.1 percent climb in November. On the one hand, shares of industrial distributor Fastenal Co. surged Thursday as a 14.5 percent jump in December sales convinced investors to look past yet another gross-margin miss. At Sherwin-Williams Co., however, a December sales recovery failed to make up for weak numbers in October and November, prompting the company to warn it would miss its 2018 adjusted earning-per-share guidance. Its shares slumped.

  • Markit11 hours ago

    See what the IHS Markit Score report has to say about Royal Bank of Canada.

    # Royal Bank of Canada ### NYSE:RY View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for RY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting RY. ## Money flow ETF/Index ownership | Positive ETF activity is positive but appears to be weakening. Over the last month, growth of ETFs holding RY is favorable, with net inflows of $5.58 billion. This is among the highest periods of net inflows seen over the last one-year, but the rate of additional flows appears to be decreasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. RY credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Reuters2 days ago

    RBC lowers five-year fixed mortgage rate - The Globe and Mail

    (Reuters) - Royal Bank of Canada (RY.TO) has become the first major Canadian bank to cut its five-year fixed mortgage rate, The Globe and Mail reported on Wednesday. The Canadian lender cut its five-year ...

  • Reuters2 days ago

    RBC lowers five-year fixed mortgage rate - The Globe and Mail

    Royal Bank of Canada has become the first major Canadian bank to cut its five-year fixed mortgage rate, The Globe and Mail reported on Wednesday. The Canadian lender cut its five-year fixed mortgage rate ...

  • CNW Group2 days ago

    RBC Global Asset Management Inc. announces RBC ETF cash distributions for January 2019

    RBC Global Asset Management Inc. announces RBC ETF cash distributions for January 2019

  • Diverging Brexit Scenarios Send Pound Down After Whipsaw Session
    Bloomberg3 days ago

    Diverging Brexit Scenarios Send Pound Down After Whipsaw Session

    Sterling weakened against most its Group-of-10 counterparts, while traders said flows were thin as most investors were staying on the sideline after Tuesday’s whipsaw session. While May is expected to survive a vote of no confidence that will take place on Wednesday, uncertainty over how she will put together a new deal is spurring risk aversion. “Tuesday night’s vote may have increased the chances of a second referendum but it also increased the chances of a no deal Brexit,” said Sue Trinh, head of Asia foreign-exchange strategy at Royal Bank of Canada in Hong Kong.

  • If I had a million dollars? Canadians have big numbers in mind for future 'nest egg' - but many don't have a plan to get them there: RBC poll
    CNW Group5 days ago

    If I had a million dollars? Canadians have big numbers in mind for future 'nest egg' - but many don't have a plan to get them there: RBC poll

    If I had a million dollars? Canadians have big numbers in mind for future 'nest egg' - but many don't have a plan to get them there: RBC poll

  • Why Royal Bank of Canada (TSE:RY) Is A Dividend Rockstar
    Simply Wall St.5 days ago

    Why Royal Bank of Canada (TSE:RY) Is A Dividend Rockstar

    Royal Bank of Canada (TSE:RY) has pleased shareholders over the past 10 years, by paying out dividends. The company currently pays out a dividend yield of 4.1% to shareholders, making Read More...

  • Reuters8 days ago

    HSBC to pay $30 million to settle bond rigging lawsuit in U.S.

    By Jonathan Stempel NEW YORK (Reuters) - HSBC Holdings Plc (HSBA.L) has agreed to pay $30 million (£23.4 million) to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion ...

  • Markit8 days ago

    See what the IHS Markit Score report has to say about Royal Bank of Canada.

    # Royal Bank of Canada ### NYSE:RY View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for RY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting RY. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding RY is favorable, with net inflows of $9.33 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. RY credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Bloomberg9 days ago

    RBC Deal With BlackRock Gives ETF Heft and Without the Cost

    Royal Bank’s RBC Global Asset Management division and BlackRock’s Canadian asset manager are bringing together their Canadian exchange traded funds under a new name, RBC iShares, creating a C$60 billion ($45 billion) brand for the index-based investments. “This is going to strengthen RBC’s hold within the retail channel -- they’re No. 1 in active mutual funds and now they’re No. 1 in ETFs -- so the combination of that and being the biggest bank and having the best distribution capabilities is going to make them a more well-rounded firm in Canada,” Canaccord Genuity analyst Scott Chan said Wednesday in an interview.

  • CNW Group9 days ago

    Nine Canadian recipients selected for new Music Video Production (MVP) Project

    TORONTO , Jan. 9, 2019 /CNW/ - Today, RBC and the Academy of Canadian Cinema & Television (The Canadian Academy) announced the nine grant recipients of a new initiative called the MVP Project, which provides funding and networking support to musicians and filmmakers for music video creation and production. The MVP Project was established in 2018, in a partnership between RBCxMusic and the Prism Prize. Administered by The Canadian Academy, the MVP Project was created to enable Canadians in creative industries to explore their musicianship, hone their filmmaking skills, and further their career growth.

  • CNW Group10 days ago

    RBC Global Asset Management announces planned changes to RBC ETFs and RBC Index Funds

    RBC Global Asset Management announces planned changes to RBC ETFs and RBC Index Funds

  • PR Newswire10 days ago

    RBC Global Asset Management and BlackRock Canada announce strategic alliance to transform Canadian ETF market

    Combined $60 billion RBC iShares ETF suite will be the most comprehensive in Canada Investors benefit from expanded access to iShares' funds and operating expertise and RBC's capabilities and solutions ...

  • CNW Group10 days ago

    RBC Global Asset Management and BlackRock Canada announce strategic alliance to transform Canadian ETF market

    RBC Global Asset Management and BlackRock Canada announce strategic alliance to transform Canadian ETF market

  • CNW Group10 days ago

    O Canada! RBC welcomes new homegrown top-talent and expands commitment to golf in Canada

    TORONTO , Jan. 8, 2019 /CNW/ - Today, RBC welcomed its newest Team RBC golf brand ambassadors: Corey Conners , Brittany Marchand , Ben Silverman and Roger Sloan . Ahead of a historic golf season marked by the most Canadians ever on the PGA TOUR, RBC continues to grow its commitment to the game on home soil by evolving its brand ambassador program.

  • CNW Group11 days ago

    RBC Global Asset Management Inc. announces December sales results for RBC Funds, PH&N Funds and BlueBay Funds and fourth quarter sales for RBC ETFs

    RBC Global Asset Management Inc. announces December sales results for RBC Funds, PH&N Funds and BlueBay Funds and fourth quarter sales for RBC ETFs

  • CNW Group11 days ago

    Dave McKay of RBC to speak at RBC Capital Markets 2019 Canadian Bank CEO Conference

    Dave McKay of RBC to speak at RBC Capital Markets 2019 Canadian Bank CEO Conference

  • Financial Times12 days ago

    [$$] Gold: dig it

    When gold speaks, every tongue is silent, according to a proverb. In the final months of 2018, the reverse applied: the prattle was more of wipeouts in stocks and bonds than the shiniest commodity. Might ...

  • FX Traders Are Betting That Volatility Has Awoken From Slumber
    Bloomberg14 days ago

    FX Traders Are Betting That Volatility Has Awoken From Slumber

    The JPMorgan Volatility Index of G-7 currencies jumped to its highest level since April 2017 this week, spurred by a wave of risk aversion and prompting investors to snap up the yen. In the euro area, the European Central Bank has seemingly sapped volatility from the market with its continued dovishness, meaning that the first interest-rate increase since 2011 isn’t priced in until the middle of next year.

  • CNW Group16 days ago

    /C O R R E C T I O N -- RBC Global Asset Management/

    /C O R R E C T I O N -- RBC Global Asset Management/

  • Italian Bank Carige Put Under Administration for Capital Woe
    Bloomberg16 days ago

    Italian Bank Carige Put Under Administration for Capital Woe

    The administrators and a three-member surveillance committee will focus on reducing balance sheet risk and finding a possible partner for the bank, Carige said in a statement. The ECB has consistently told the lender that a merger would be a good option, a person familiar with the matter said, asking not to be identified because they aren’t authorized to discuss the deliberations. The move raises the question of who would want to merge with or buy a bank with unresolved capital issues, feuding investors and a share price that’s fallen to a fraction of a cent. Italian banks, hit by the falling value of their government bond holdings, may not have the appetite for more risk.

  • Deere: Analysts’ Recommendations
    Market Realist18 days ago

    Deere: Analysts’ Recommendations

    The number of analysts tracking Deere (DE) has decreased to 22 compared to 23 in the past three months. Among the 22 analysts, 68% recommended a “buy,” 32% recommended a “hold,” and none of the analysts recommended a “sell.” Analysts’ views and recommended target prices are widely followed by investors to track the stock price and provide more insight into the company. Analysts’ consensus for Deere indicates a target price of $176.47, which implies a return potential of ~21.5% over the closing price as of December 28.

  • CNW Group18 days ago

    /C O R R E C T I O N from Source -- RBC Global Asset Management/

    /C O R R E C T I O N from Source -- RBC Global Asset Management/