Royal Bank Of Stock Today

RY Stock  USD 121.79  0.90  0.74%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Royal Bank is trading at 121.79 as of the 3rd of November 2024; that is 0.74% up since the beginning of the trading day. The stock's open price was 120.89. Royal Bank has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on August 12, 2024, Representative Michael C Burgess of US Congress acquired $15k to $50k worth of Royal Bank's common stock.
Business Domain
Banks
IPO Date
16th of October 1995
Category
Financial Services
Classification
Financials
Royal Bank of Canada operates as a diversified financial service company worldwide. The company was founded in 1864 and is headquartered in Toronto, Canada. Royal Bank is traded on New York Stock Exchange in the United States. The company has 1.41 B outstanding shares of which 16.69 M shares are at this time sold short in the market by investors with about 15.96 days to cover all shorted shares. More on Royal Bank of

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Royal Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEODavid McKay
Thematic Ideas
Showing 3 out of 4 themes
Old NameRoyal Bank of Canada
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, Momentum, Baby Boomer Prospects, Banking, Giant Impact, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Royal Bank can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Royal Bank's financial leverage. It provides some insight into what part of Royal Bank's total assets is financed by creditors.
Liquidity
Royal Bank of reports 439.28 B of total liabilities with total debt to equity ratio (D/E) of 15.61, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Note however, debt could still be an excellent tool for Royal to invest in growth at high rates of return.

Net Income

357.89 Million
Royal Bank of (RY) is traded on New York Stock Exchange in USA. It is located in Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5 and employs 96,165 people. Royal Bank is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 172.66 B. Royal Bank is active under Banks sector as part of Financials industry. The entity has 1.41 B outstanding shares of which 16.69 M shares are at this time sold short in the market by investors with about 15.96 days to cover all shorted shares. Royal Bank of reports about 701.08 B in cash with 26.08 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 503.75.
Check Royal Bank Probability Of Bankruptcy
Ownership Allocation
Royal Bank owns a total of 1.41 Billion outstanding shares. Over half of Royal Bank's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. On August 12, 2024, Representative Michael C Burgess of US Congress acquired $15k to $50k worth of Royal Bank's common stock.
Check Royal Ownership Details

Royal Stock Institutional Holders

InstituionRecorded OnShares
The Toronto-dominion Bank2024-06-30
16.4 M
Cibc Global Asset Management Inc2024-06-30
13.5 M
Manufacturers Life Insurance Co2024-06-30
12.1 M
Federation Des Caisses Desjardins Du Quebec2024-06-30
11.5 M
Wellington Management Company Llp2024-06-30
11.5 M
Legal & General Group Plc2024-06-30
10.5 M
Goldman Sachs Group Inc2024-06-30
10.5 M
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
10.2 M
Fmr Inc2024-06-30
10.2 M
Royal Bank Of Canada2024-06-30
75.5 M
Bank Of Montreal2024-06-30
75.4 M
View Royal Bank Diagnostics

Royal Bank Historical Income Statement

At this time, Royal Bank's Depreciation And Amortization is fairly stable compared to the past year. Total Operating Expenses is expected to grow at the current pace this year, whereas Interest Expense is likely to drop 0.00 in 2024. View More Fundamentals

Royal Stock Against Markets

Royal Bank Corporate Directors

Jacynthe CoteIndependent DirectorProfile
Andrew ChisholmIndependent DirectorProfile
Roberta JamiesonIndependent DirectorProfile
David DenisonIndependent DirectorProfile

Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.