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Smart Investors Daily
RY

NASDAQ · RY

Royal Bank of Canada

Financial Services · Banks - Diversified

$206.81

Down-$0.83 (-0.40%)

Updated Sep 10, 2026, 9:28 PM

SID Score

7.3/10

Composite research score

Smart Money

58/100

Neutral

Market cap
234.67B
P/E ratio
15.86
Dividend yield
2.65%
52-week range
$143.13 – $218.57
Volume
497.42K
Avg. volume
1.11M

Price performance

RY price history

1M range · 20 trading sessions · Daily adjusted prices

RY closed at $206.81 after 20 trading sessions, down 3.12% for the selected period.

Last close
$206.81
Period change
-3.12%
Period low
$203.48
Period high
$216.56
Daily close
View OHLC price history
RY OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
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
Aug 17, 2026$216.54$218.11$216.09$216.19586.41K
Aug 14, 2026$215.63$216.695$215.03$216.561.19M
Aug 13, 2026$213.54$215.705$213.54$215.001.84M
Aug 12, 2026$210.94$213.535$210.28$213.481.72M

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
Open full forecast

News briefing

Generated Sep 10, 2026, 7:09 PM

Why Is RY Down Today?

Royal Bank of Canada shares declined 0.79% today, dropping $1.64, amid a quiet news cycle dominated by executive speaking engagements rather than material corporate developments. The modest pullback appears driven by broader market conditions rather than RBC-specific catalysts, with recent news limited to conference presentations.

    Bottom line: Today's modest 0.79% decline in RY appears disconnected from material corporate news, suggesting market-wide headwinds rather than RBC-specific weakness. Investors should focus on upcoming earnings reports and strategic announcements that may emerge from these high-profile conference appearances, while monitoring broader financial sector trends that significantly impact Canadian bank valuations.

    Yahoo · Sep 3, 2026

    RBC Insurance turns to comedy to break through Canadians' avoidance of insurance, Launching "Life Moments" campaign with Second City Veteran Jennifer Irwin

    RBC Insurance has launched "Life Moments," a bold new campaign that uses comedy to do what decades of earnest insurance advertising could not: get Canadians to stop avoiding the conversation. Created with agency partner BlueSalmon, the campaign brings acclaimed writer and performer Jennifer Irwin — a Toronto-born Second City veteran known for The Goldbergs, Eastbound & Down, and Schitt's Creek — on screen as "Jeannine," a straight-talking insurance advisor who crashes three of life's most ordina

    AI research layers

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

    Royal Bank of Canada Stock Performance

    Royal Bank of Canada shares traded at $206.81, reflecting a modest 1-month decline of 0.99% but a strong 12-month gain of 44.65%, per SID market data. The stock currently sits below its 50-day moving average of $209.60, suggesting near-term softness, while trading well above its 200-day moving average of $182.37, confirming the longer-term uptrend remains intact. The 14-day relative strength index stands at 42.8, indicating the stock is approaching oversold territory without yet triggering a definitive signal. Over the trailing three months, RY has gained 7.0%, demonstrating resilience amid broader market volatility. According to Massive/Polygon data, average daily trading volume is approximately 1.11 million shares. The stock carries a beta of 1.012, indicating price movement closely mirrors the broader market. Royal Bank of Canada's market capitalization stands at approximately $234.7 billion, positioning it among the largest financial institutions globally.

    Royal Bank of Canada Valuation Analysis

    Royal Bank of Canada trades at a price-to-earnings ratio of 15.86, which aligns with historical norms for large-cap financial services companies, per SID market data. The PEG ratio of 2.47 suggests the stock is priced at a premium relative to its expected earnings growth rate, indicating the market has already priced in significant forward performance. According to SEC filings and financial disclosures, RY's price-to-book ratio stands at 2.32, reflecting investor confidence in the bank's asset quality and return on equity. The dividend yield of 2.63% provides a steady income component for shareholders, consistent with major Canadian bank dividend policies. Within the financial services sector, Royal Bank of Canada's valuation metrics reflect its dominant market position and diversified revenue streams across personal banking, wealth management, capital markets, and insurance. The current valuation framework suggests the stock is fairly valued at prevailing levels.

    Smart Money Activity for RY

    Royal Bank of Canada's composite smart money score stands at 58 out of 100, generating a neutral signal according to SID market data. Institutional ownership activity scored a perfect 25 out of 25, indicating robust accumulation by large fund managers and pension funds, per 13F institutional filings. Insider activity registered a moderate score of 12.5 out of 25, suggesting neither aggressive buying nor notable selling by corporate executives and board members, according to SEC Form 4 filings. Dark pool activity scored 8.5 out of 25, reflecting relatively subdued off-exchange institutional trading interest in recent periods. Congressional trading activity scored 12 out of 25, indicating limited but present legislative member exposure to the stock. The divergence between the maximum institutional score and the lower dark pool reading creates a mixed picture. While large institutions are clearly maintaining or expanding positions, the lack of concentrated dark pool volume suggests institutional demand is being executed through standard market channels rather than large block trades.

    Royal Bank of Canada Earnings Outlook

    Royal Bank of Canada has delivered consecutive positive earnings surprises across its most recent reporting periods, per company earnings reports. In the most recent quarter reported on August 27, RY posted earnings per share of $3.07 against analyst estimates of $2.89, representing a positive surprise of $0.18 or approximately 6.2%. The prior quarter saw EPS of $2.93 versus estimates of $2.76, another beat of $0.17. The February reporting period also exceeded expectations with EPS of $2.84 against consensus of $2.81. This consistent pattern of outperformance demonstrates management's ability to deliver results above Wall Street projections. Looking ahead, analyst estimates project EPS of $2.88 for the upcoming quarter, according to consensus forecasts. The trajectory of earnings beats suggests underlying business momentum remains favorable, with the bank consistently generating revenue and managing expenses more effectively than analysts have modeled across multiple consecutive periods.

    Wall Street Analyst Ratings for RY

    Wall Street analyst sentiment on Royal Bank of Canada leans constructive, with the majority of recent ratings skewing toward buy-equivalent recommendations, per SID consensus data. On July 9, 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 bullish institutional sentiment. Counterbalancing the positive views, CIBC Capital Markets maintained a Neutral rating on June 18, and Jefferies reiterated its Hold position on June 2, according to Wall Street analyst reports. Of the five most recent analyst actions, three represent buy-equivalent ratings while two maintain neutral stances, producing a 60% bullish skew. Notably, no analyst has issued a sell-equivalent recommendation in the current coverage period. All five recent ratings were reiterations of existing positions rather than upgrades or downgrades, suggesting analyst conviction levels remain stable and no material reassessment of the bank's fundamental outlook has occurred.