Shares of Royal Bank of Canada have moved -3.3% today, and are now trading at a price of $115.58. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 1,111,101 compared to the stock's average volume of 1,072,352.
Royal Bank of Canada operates as a diversified financial service company worldwide. Based in Toronto, Canada the company has 94,838 full time employees and a market cap of $164,008,181,760. Royal Bank of Canada currently offers its equity investors a dividend that yields 4.7% per year.
The company is now trading -8.06% away from its average analyst target price of $125.72 per share. The 3 analysts following the stock have set target prices ranging from $111.18091 to $133.7526, and on average give Royal Bank of Canada a rating of buy.
Over the last 52 weeks, RY stock has risen 23.1%, which amounts to a 6.2% difference compared to the S&P 500. The stock's 52 week high is $128.05 whereas its 52 week low is $95.84 per share. Based on Royal Bank of Canada's average net margin growth of 1.5% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 14,631,000 | 4,486,000 | 31 | 19.23 |
| 2023 | 56,129,000 | 14,866,000 | 26 | -18.75 |
| 2022 | 48,985,000 | 15,807,000 | 32 | 0.0 |
| 2021 | 49,693,000 | 16,050,000 | 32 | 33.33 |
| 2020 | 47,181,000 | 11,437,000 | 24 | -14.29 |
| 2019 | 46,002,000 | 12,871,000 | 28 |
