Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) released its quarterly earnings data on Thursday. The financial services provider reported C$4.28 earnings per share (EPS) for the quarter, FiscalAI reports. Royal Bank of Canada had a return on equity of 15.95% and a net margin of 18.40%.The company had revenue of C$18.54 billion during the quarter.
Royal Bank of Canada Price Performance
Shares of Royal Bank of Canada stock opened at C$283.47 on Friday. Royal Bank of Canada has a 1 year low of C$197.58 and a 1 year high of C$306.38. The firm has a market cap of C$393.93 billion, a PE ratio of 18.43, a P/E/G ratio of 3.42 and a beta of 1.05. The stock has a fifty day moving average price of C$293.48 and a 200-day moving average price of C$260.55.
Royal Bank of Canada Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 24th were given a dividend of $1.76 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $7.04 annualized dividend and a dividend yield of 2.5%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. Royal Bank of Canada’s payout ratio is 41.35%.
Insider Buying and Selling
More Royal Bank of Canada News
Here are the key news stories impacting Royal Bank of Canada this week:
- Positive Sentiment: RBC’s solid profitability—reflected in its 15.95% ROE and 18.40% net margin—supports the investment case and suggests the bank continues to generate attractive returns on shareholder capital. Stocks in Play: Royal Bank of Canada
- Positive Sentiment: National Bank Financial set a C$318 price target for RY, implying potential upside from recent trading levels and reinforcing favorable analyst sentiment. RBC has a consensus rating of “Moderate Buy,” although targets and ratings remain mixed.
- Positive Sentiment: The bank recently increased its quarterly dividend to $1.76 per share from $1.64, bringing the annualized payout to $7.04 and enhancing its appeal to income-focused investors.
- Neutral Sentiment: Investors are likely focused on details from the Q3 report—including loan growth, credit quality, capital levels and management guidance—to determine whether the reported earnings can support RBC’s elevated valuation. Royal Bank of Canada Q3 2026 Earnings Preview
- Negative Sentiment: Multiple insiders sold shares on August 24 at approximately C$279.97. Director David Ian McKay sold 23,091 shares worth about C$6.46 million, while other insiders also sharply reduced their holdings. Insider sales can weigh on sentiment, although they are not necessarily evidence of weakening fundamentals.
Analysts Set New Price Targets
RY has been the subject of a number of analyst reports. National Bank Financial set a C$318.00 target price on shares of Royal Bank of Canada and gave the stock an “outperform” rating in a research note on Monday. Jefferies Financial Group raised their price objective on shares of Royal Bank of Canada from C$240.00 to C$268.00 in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce upped their target price on shares of Royal Bank of Canada from C$279.00 to C$311.00 and gave the stock a “neutral” rating in a report on Wednesday, August 19th. Desjardins increased their price objective on Royal Bank of Canada from C$275.00 to C$320.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Canaccord Genuity Group raised their price objective on Royal Bank of Canada from C$282.00 to C$310.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$290.62.
Get Our Latest Research Report on Royal Bank of Canada
Royal Bank of Canada Company Profile
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.
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