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Royal Bank of Canada (RY)

Financial Services | Banks - Diversified | Toronto, Canada | NYSE
210.69 USD -0.40 (-0.189%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 211.71 +1.02 (0.484%) ⇧ (July 13, 2026, 7:44 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:25 a.m. EDT

Royal Bank of Canada presents a compelling dichotomy: a fundamentally superior business currently priced for perfection, yet trapped by short-term volatility fears. The long-term outlook remains robust, driven by a decade-long price appreciation of over 120%, consistent double-digit revenue growth, and a fortress balance sheet with a 16% return on equity. These metrics place the bank in the top tier of quality assets, justifying a strong buy rating for patient capital. However, the short-term picture is clouded by a distinct lack of momentum; the stock has failed to break decisively above its 200-day average, and the options market is screaming caution with massive put positioning. This defensive hedging suggests that while the business is excellent, the market is waiting for a catalyst to overcome its inertia. The dividend yield of 2.44% provides a solid floor, but it is not yet high enough to fully compensate for the stagnation in share price. Investors should view this as a high-quality compounder that is currently on pause, likely requiring a period of consolidation before resuming its upward trajectory.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.061937
MSTL0.077298
AutoARIMA0.077998
AutoETS0.077998

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 59%
H-stat 26.51
Ljung-Box p 0.000
Jarque-Bera p 0.208
Excess Kurtosis -1.29
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-26
Last Dividend Date 2026-04-22
Revenue per Share 46.916
Market Cap 292,787,945,472
Trailing P/E 19.45
Forward P/E 16.96
Beta 0.93
Profit Margins 33.69%
Website https://www.rbc.com

As of July 11, 2026, 3:25 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume and open interest, particularly for August and October expirations, creating a significant 'floor' around current prices. This suggests a fear of a sharp downside correction despite the stock trading near its highs. Conversely, call activity is muted and concentrated near the money, indicating limited aggressive bullish momentum. The disparity between high put volume and low call volume signals a 'wait-and-see' sentiment where investors are hedging against volatility rather than betting on a breakout.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.69% 1.54% 3.14% 3.38%
Dividend History
Date Dividend Yield %
2026-04-23 1.2000 0.686067
2025-07-24 1.1320 0.857446
2025-04-24 1.0660 0.905923
2025-01-27 1.0320 0.841625
2024-10-24 1.0260 0.830567
2024-07-25 1.0290 0.938954
2024-04-24 1.0100 1.038347
2024-01-24 1.0250 1.047736
2023-10-25 0.9830 1.242574
2023-07-25 1.0250 1.038395
2023-04-24 0.9750 0.988142
2023-01-25 0.9880 0.990675
2022-10-25 0.9340 1.026148
2022-07-25 0.9910 1.033368
2022-04-22 0.9540 0.913706
2022-01-25 0.9500 0.849048
2021-10-25 0.8740 0.817204
2021-07-23 0.8600 0.860258
2021-04-21 0.8570 0.922497
2021-01-25 0.8480 1.016787
2020-10-23 0.8220 1.121419
2020-07-24 0.8050 1.152635
2020-04-22 0.7600 1.300702
2020-01-24 0.8000 0.994036
2019-10-23 0.8020 0.985742
2019-07-24 0.7760 0.971700
2019-04-24 0.7600 0.972364
2019-01-23 0.7340 0.993100
2018-10-24 0.7490 1.033388
2018-07-25 0.7140 0.922481
2018-04-24 0.7320 0.972499
2018-01-24 0.7330 0.852623
2017-07-24 0.6940 0.926074
2017-04-21 0.6460 0.922857
2017-01-24 0.6270 0.883099
2016-10-24 0.6230 0.995367
2016-07-22 0.6190 1.021789
2016-04-21 0.6400 1.051767
2016-01-22 0.5540 1.131305
2015-10-22 0.6010 1.059404
2015-07-23 0.5910 1.022491
2015-04-21 0.6300 0.964040
2015-01-22 0.6080 1.008961
2014-10-23 0.6670 0.947578
2014-07-22 0.6610 0.894210
2014-04-22 0.6450 0.981885
2014-01-23 0.6050 0.939733
2013-10-22 0.6500 0.967262
2013-07-23 0.6100 0.964885
2013-04-23 0.6150 1.053804
2013-01-22 0.6050 0.973295
2012-10-23 0.6040 1.052999
2012-07-24 0.5610 1.126732
2012-04-23 0.5750 1.010012
2012-01-24 0.5350 1.006207
2011-10-24 0.5340 1.116454
2011-07-22 0.5720 1.018337
2011-04-21 0.5140 0.817300
2011-01-24 0.5020 0.935346
2010-10-22 0.4910 0.904236
2010-07-22 0.4820 0.963615
2010-04-20 0.4830 0.785749
2010-01-22 0.4760 0.953335
2009-10-22 0.4740 0.878103
2009-07-23 0.4520 0.982182
2009-04-21 0.4070 1.216378
2009-01-22 0.3960 1.659681
2008-10-23 0.4010 1.078247
2008-07-22 0.4980 1.108638
2008-04-22 0.4960 1.040050
2008-01-22 0.4900 1.039677
2007-10-23 0.5180 0.931655
2007-07-24 0.4390 0.813114
2007-04-23 0.4050 0.768501
2007-01-23 0.3410 0.740821
2006-10-24 0.3560 0.807622
2006-07-24 0.3210 0.775175
2006-04-21 0.3180 0.758950
2006-01-24 0.2775 0.715114
2005-10-21 0.2700 0.772532
2005-07-22 0.3050 0.943250
2005-04-21 0.2750 0.929211
2005-01-24 0.2750 1.066512
2004-10-22 0.2600 1.041250
2004-07-22 0.2600 1.119966
2004-04-20 0.2600 1.129943
2004-01-22 0.2300 0.944559
2003-10-23 0.2300 0.936291
2003-07-21 0.2150 1.026253
2003-04-21 0.2150 1.062778
2003-01-23 0.2000 1.065246
2002-10-21 0.2000 1.109570
2002-07-22 0.1900 1.220687
2002-04-22 0.1900 1.061453
2002-01-22 0.1800 1.164295
2001-10-22 0.1800 1.250869
2001-07-23 0.1800 1.095557
2001-04-20 0.1650 1.150227
2001-01-22 0.1650 0.967033
2000-10-23 0.1500 1.103448
2000-07-21 0.1500 1.137441
2000-04-19 0.1350 1.110540
2000-01-21 0.1350 1.367089
1999-10-21 0.1200 1.147982
1999-07-22 0.1200 1.053498
1999-04-21 0.1150 0.889964
1999-01-21 0.1150 0.914286
1998-10-22 0.1150 1.074453
1998-07-23 0.1150 0.802617
1998-04-22 0.1050 0.683622
1998-01-22 0.1050 0.847415
1997-10-23 0.0975 0.728972
1997-07-22 0.0975 0.787879
1997-04-22 0.0925 0.964169
1997-01-23 0.0925 0.993289
1996-10-22 0.0850 1.062500
1996-07-22 0.0850 1.353234
Additional Data
dividendRate 5.1
dividendYield 2.42
exDividendDate 2026-07-27
trailingAnnualDividendRate 6.36
trailingAnnualDividendYield 0.03012933
lastDividendValue 1.2
lastDividendDate 2026-04-23
dividendDate 2026-08-24

Info Dump

Attribute Value
52 Week Change 0.6013503
Address1 Royal Bank Plaza
Address2 200 Bay Street
All Time High 211.39
All Time Low 5.125
Ask 211.77
Ask Size 300
Audit Risk 6
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,561,830
Average Daily Volume3 Month 1,608,265
Average Volume 1,608,265
Average Volume10Days 1,561,830
Beta 0.932
Bid 209.12
Bid Size 400
Board Risk 1
Book Value 65.6486
City Toronto
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 210.69
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 212.36
Day Low 209.165
Dividend Date 1,787,529,600
Dividend Rate 5.1
Dividend Yield 2.42
Earnings Call Timestamp End 1,787,824,800
Earnings Call Timestamp Start 1,787,824,800
Earnings Growth 0.275
Earnings Quarterly Growth 0.256
Earnings Timestamp 1,787,833,800
Earnings Timestamp End 1,787,833,800
Earnings Timestamp Start 1,787,833,800
Ebitda Margins 0.0
Enterprise To Revenue -0.108
Enterprise Value -7,128,823,296
Eps Current Year 16.08476
Eps Forward 12.421887
Eps Trailing Twelve Months 10.83
Esg Populated 0
Ex Dividend Date 1,785,110,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 193.4342
Fifty Day Average Change 17.255798
Fifty Day Average Change Percent 0.08920758
Fifty Two Week Change Percent 60.135033
Fifty Two Week High 212.36
Fifty Two Week High Change -1.6699982
Fifty Two Week High Change Percent -0.007863996
Fifty Two Week Low 127.38
Fifty Two Week Low Change 83.310005
Fifty Two Week Low Change Percent 0.6540274
Fifty Two Week Range 127.38 - 212.36
Financial Currency CAD
First Trade Date Milliseconds 813,850,200,000
Five Year Avg Dividend Yield 3.54
Float Shares 1,388,470,896
Forward Eps 12.421887
Forward P E 16.961191
Full Exchange Name NYSE
Full Time Employees 97,795
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits 65,716,998,144
Has Pre Post Market Data 1
Held Percent Insiders 0.00027000002
Held Percent Institutions 0.49456
Implied Shares Outstanding 1,389,662,335
Industry Banks - Diversified
Industry Disp Banks - Diversified
Industry Key banks-diversified
Ir Website http://www.rbc.com/investorrelations/index.html
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,776,902,400
Last Dividend Value 1.2
Last Fiscal Year End 1,761,868,800
Last Split Date 1,144,368,000
Last Split Factor 2:1
Long Business Summary Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.
Long Name Royal Bank of Canada
Market us_market
Market Cap 292,787,945,472
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_109809
Most Recent Quarter 1,777,507,200
Net Income To Common 21,597,999,104
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 292,487,851,180
Number Of Analyst Opinions 3
Open 211.4
Operating Cashflow -61,369,999,360
Operating Margins 0.45286998
Overall Risk 3
Payout Ratio 0.41349998
Peg Ratio 2.34
Phone 888 212 5533
Post Market Change 1.0200043
Post Market Change Percent 0.4841256
Post Market Price 211.71
Post Market Time 1,783,986,277
Previous Close 211.09
Price Eps Current Year 13.098734
Price Hint 2
Price To Book 3.2093604
Price To Sales Trailing12 Months 4.455285
Profit Margins 0.33687
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.399994
Regular Market Change Percent -0.18949
Regular Market Day High 212.36
Regular Market Day Low 209.165
Regular Market Day Range 209.165 - 212.36
Regular Market Open 211.4
Regular Market Previous Close 211.09
Regular Market Price 210.69
Regular Market Time 1,783,972,802
Regular Market Volume 855,946
Return On Assets 0.00955
Return On Equity 0.16203
Revenue Growth 0.161
Revenue Per Share 46.916
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 4
Shares Outstanding 1,389,662,335
Shares Percent Shares Out 0.0056
Shares Short 6,837,593
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 5,830,342
Short Name Royal Bank Of Canada
Short Ratio 4.12
Source Interval 15
State ON
Symbol RY
Target High Price 216.55327
Target Low Price 165.2712
Target Mean Price 191.52817
Target Median Price 192.76004
Total Cash 794,214,006,784
Total Cash Per Share 571.469
Total Debt 483,078,995,968
Total Revenue 65,716,998,144
Tradeable 0
Trailing Annual Dividend Rate 6.36
Trailing Annual Dividend Yield 0.03012933
Trailing Eps 10.83
Trailing P E 19.454294
Trailing Peg Ratio 2.34
Triggerable 1
Two Hundred Day Average 169.37006
Two Hundred Day Average Change 41.319946
Two Hundred Day Average Change Percent 0.24396253
Type Disp Equity
Volume 855,946
Website https://www.rbc.com
Zip M5J 2J5