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Smart Investors Daily
RY

NYSE · RY

Royal Bank of Canada

Financial Services · Banks - Diversified

$204.23

Down-$0.93 (-0.45%)

Updated Sep 16, 2026, 11:06 AM

SID Score

7.3/10

Composite research score

Smart Money

58/100

Neutral

Market cap
234.67B
P/E ratio
15.86
Dividend yield
2.68%
52-week range
$143.13 – $218.57
Volume
675.91K
Avg. volume
1.11M

Price performance

RY price history

1M range · 20 trading sessions · Daily adjusted prices

RY closed at $204.23 after 20 trading sessions, down 4.11% for the selected period.

Last close
$204.23
Period change
-4.11%
Period low
$203.48
Period high
$212.99
Daily close
View OHLC price history
RY OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 15, 2026$205.00$205.00$202.14$204.23675.91K
Sep 14, 2026$204.99$206.375$204.09$205.16866.25K
Sep 11, 2026$207.77$208.00$204.23$205.90823.19K
Sep 10, 2026$206.89$207.48$205.09$205.98740.95K
Sep 9, 2026$207.69$208.00$205.88$206.81497.42K
Sep 8, 2026$210.08$210.78$208.80$209.00748.79K
Sep 4, 2026$211.46$211.98$210.11$210.59560.06K
Sep 3, 2026$209.00$212.37$208.71$212.071.03M
Sep 2, 2026$203.90$208.015$203.48$207.861.01M
Sep 1, 2026$203.78$204.78$201.75$203.481.48M
Aug 31, 2026$204.65$205.91$203.30$204.151.58M
Aug 28, 2026$205.50$206.40$203.55$204.23970.28K
Aug 27, 2026$206.82$207.71$201.795$204.541.73M
Aug 26, 2026$206.95$208.50$206.375$207.211.33M
Aug 25, 2026$204.495$207.67$203.51$207.091.78M
Aug 24, 2026$203.35$205.945$200.855$204.021.79M
Aug 21, 2026$206.27$207.80$204.58$205.231.54M
Aug 20, 2026$206.46$207.65$204.08$205.211.04M
Aug 19, 2026$214.48$214.55$207.22$207.622.68M
Aug 18, 2026$216.03$216.07$210.86$212.99976.7K

Latest RY news

The latest Smart Investors Daily articles mentioning RY.

RY research

Overview

Company profile and research snapshot.

Company profile

Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.2 trillion in assets. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$124.85
Implied upside
Analysts
11
RY recent ratings
DateFirmRatingTarget
Jul 9, 2026ARGUS RESEARCH CORPORATIONBuy
Jul 6, 2026CANACCORD GENUITYBuy
Jun 18, 2026CIBC CAPITAL MARKETSNeutral
Jun 17, 2026SCOTIABANK GBMOutperform
Jun 2, 2026JEFFERIESHold
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News briefing

No generated briefing is available yet.

Yahoo · Sep 15, 2026

RBC Survey: 1 in 5 Parents of 35 to 40-Year-Olds Are Still Helping Pay the Bills

A new kind of "Family Plan" is taking shape in Canada, as parents continue to financially support their adult children well into adulthood, with parents covering everything from major costs to everyday expenses. According to new research from RBC, nearly one in three (32%) Canadian parents with adult children aged 18-40 say their children are not yet financially independent.

Yahoo · Sep 14, 2026

RBC launches Avion Rewards Travel, an all-in-one booking platform that helps Canadians plan with confidence

RBC has launched its redesigned Avion Rewards Travel offering, an all-in-one booking platform that gives Canadians the freedom to book any flight with over 500 airlines and redeem Avion points for flights, hotels, car rentals and more. The launch comes as Canadian travel spending climbs 11.4 per cent year-over-year according to recent RBC spending data, with Canadians eager to explore the world with greater value and ease.

AI research layers

Interpretive context generated from the platform’s current data sources.

Royal Bank of Canada Stock Performance

Royal Bank of Canada shares trade at $204.23, reflecting a 41.36% gain over the trailing twelve months, per SID market data. Despite that strong annual return, the stock has pulled back 4.58% over the past month, positioning it below its 50-day moving average of $209.58. Over the three-month window, RY has posted a modest 2.82% gain, suggesting recent consolidation following its longer-term rally. The stock remains well above its 200-day moving average of $183.52, indicating the broader uptrend is intact. The 14-day RSI sits at 52.5, reflecting neutral momentum with no overbought or oversold signals. According to Massive/Polygon data, average daily trading volume is approximately 1.11 million shares. RY carries a beta of 1.012, indicating its volatility closely mirrors the broader market. The current market capitalization stands at approximately $234.7 billion.

Royal Bank of Canada Valuation Analysis

Royal Bank of Canada trades at a price-to-earnings ratio of 15.86, which positions it within a moderate valuation range for the Financial Services sector, per SID market data. The PEG ratio stands at 2.47, suggesting the stock's earnings growth rate does not fully justify its current P/E multiple on a growth-adjusted basis. According to SEC filings, RY's price-to-book ratio is 2.32, reflecting a premium over tangible book value that is common among large, well-capitalized banks with strong return-on-equity profiles. The company offers a dividend yield of 2.63%, providing a steady income component for shareholders. This yield remains competitive among global banking peers and underscores Royal Bank of Canada's long-standing commitment to returning capital to shareholders. Taken together, these valuation metrics indicate a stock trading at a reasonable but not discounted level relative to its fundamentals and sector peers.

Smart Money Activity for RY

Royal Bank of Canada registers a composite smart money score of 58 out of 100, reflecting a neutral overall signal, per SID market data. Institutional activity is the strongest component, scoring a perfect 25 out of 25, indicating robust participation and sustained positioning by major asset managers and pension funds in the stock. Insider activity scores 12.5 out of 25, suggesting moderate but not aggressive buying or selling by corporate executives and directors, according to SEC Form 4 filings. Congressional trading activity scores 12 out of 25, reflecting limited but present legislative interest. Dark pool activity registers at 8.5 out of 25, indicating below-average off-exchange institutional order flow. The divergence between the maximum institutional score and the relatively subdued dark pool and insider readings suggests that large institutional holders maintain conviction in their positions while shorter-term smart money flows remain muted. No significant directional bias emerges from the aggregate data at this time.

Royal Bank of Canada Earnings Outlook

Royal Bank of Canada has delivered three consecutive quarterly earnings beats, according to company earnings reports. In the most recently reported quarter ending August 2026, RY posted earnings per share of $3.07 against an analyst estimate of $2.89, representing a positive surprise of $0.18. The prior quarter saw EPS of $2.84 versus the $2.81 consensus, a narrower $0.03 beat. The quarter before that produced EPS of $2.93 against an estimate of $2.76, a $0.17 upside surprise. This pattern of consistent outperformance suggests disciplined cost management and resilient revenue generation across the bank's diversified business lines. Looking ahead, per analyst estimates, the upcoming quarter carries an EPS consensus of $2.88 with results expected on August 26, 2026. The steady beat cadence positions management credibility favorably heading into the next reporting cycle.

Wall Street Analyst Ratings for RY

Wall Street consensus on Royal Bank of Canada leans constructive, with the majority of recent analyst actions reflecting positive or neutral stances, per SID consensus data. On July 9, 2026, Argus Research Corporation reiterated a Buy rating, followed closely by Canaccord Genuity's Buy reiteration on July 6. Scotiabank GBM maintained its Outperform rating on June 17, reinforcing the bullish camp. On the more cautious side, CIBC Capital Markets reiterated a Neutral stance on June 18, and Jefferies maintained its Hold rating on June 2, according to Wall Street analyst reports. Notably, none of the five most recent actions represented downgrades, and no analyst shifted to a negative posture, suggesting broad confidence in RY's fundamental trajectory. The distribution — three bullish and two neutral ratings — indicates that sell-side coverage views the stock favorably at current levels while acknowledging limited near-term catalysts following the recent pullback of 4.58% over one month.