Royal Bank Of Stock Today

RY Stock  CAD 153.32  2.22  1.47%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 6

 
High
 
Low
Low
Royal Bank is selling at 153.32 as of the 17th of July 2024; that is 1.47% up since the beginning of the trading day. The stock's open price was 151.1. Royal Bank has only a 6 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Royal Bank of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of May 2024 and ending today, the 17th of July 2024. Click here to learn more.
Business Domain
Banks
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 operates under Banking classification in Canada and is traded on Toronto Stock Exchange. The company has 1.42 B outstanding shares of which 14.45 M shares are at this time shorted by private and institutional investors with about 3.23 days to cover all short positions. More on Royal Bank of

Moving together with Royal Stock

  0.85TD-PFM Toronto Dominion BankPairCorr
  0.82TD-PFI Toronto Dominion BankPairCorr

Moving against Royal Stock

  0.54BN-PK Brookfield Asset ManPairCorr
  0.48TD Toronto Dominion BankPairCorr

Royal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Royal Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Royal Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Royal Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royal Bank's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODavid McKay
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Royal Bank's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Royal Bank's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Royal Bank of has accumulated 111.46 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Royal Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Royal Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Royal Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Royal to invest in growth at high rates of return. When we think about Royal Bank's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

281.35 Million
Royal Bank of (RY) is traded on Toronto Exchange in Canada and employs 94,480 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 current market capitalization of 213.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Royal Bank's market, we take the total number of its shares issued and multiply it by Royal Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Royal Bank classifies itself under Banks sector and is part of Financials industry. The entity has 1.42 B outstanding shares of which 14.45 M shares are at this time shorted by private and institutional investors with about 3.23 days to cover all short positions. Royal Bank of has accumulated 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 has a total of 1.42 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. Consequently, these institutions are subject to different rules and regulations than regular investors in Royal Bank. Please watch out for any change in the institutional holdings of Royal Bank as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Royal Ownership Details

Royal Bank Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Royal Bank market risk premium is the additional return an investor will receive from holding Royal Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Royal Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Royal Bank's alpha and beta are two of the key measurements used to evaluate Royal Bank's performance over the market, the standard measures of volatility play an important role as well.

Royal Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Royal Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Royal Bank Corporate Directors

Jacynthe CoteIndependent DirectorProfile
Andrew ChisholmIndependent DirectorProfile
David DenisonIndependent DirectorProfile
Thierry VandalIndependent DirectorProfile

Additional Information and Resources on Investing in Royal Stock

When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.