Royal Bank Of Canada (NYSE:RY) Reaches New 12-Month High – Should You Buy?

Posted by Francis Steltz on Jun 11th, 2026

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $200.05 and last traded at $197.8170, with a volume of 2369098 shares. The stock had previously closed at $197.89.

Wall Street Analyst Weigh In

RY has been the subject of several research analyst reports. Weiss Ratings upgraded Royal Bank Of Canada from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, June 1st. Barclays restated an “overweight” rating on shares of Royal Bank Of Canada in a research note on Thursday, February 19th. TD Securities restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Scotiabank restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Monday, June 1st. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Ten equities research analysts have rated the stock with 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 an average target price of $162.00.

Read Our Latest Stock Report on Royal Bank Of Canada

Royal Bank Of Canada Stock Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a fifty day simple moving average of $180.65 and a 200 day simple moving average of $171.21. The company has a market capitalization of $274.91 billion, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 1.56 and a beta of 0.81.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last issued its quarterly earnings data on Thursday, May 28th. The financial services provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.81 by $0.03. Royal Bank Of Canada had a return on equity of 17.83% and a net margin of 15.92%.The company had revenue of $12.84 billion for the quarter, compared to analyst estimates of $12.74 billion. During the same period last year, the company earned $3.12 earnings per share. Royal Bank Of Canada’s quarterly revenue was up 11.4% compared to the same quarter last year. On average, analysts anticipate that Royal Bank Of Canada will post 11.52 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, July 27th will be issued a $1.76 dividend. The ex-dividend date of this dividend is Monday, July 27th. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a yield of 3.6%. Royal Bank Of Canada’s dividend payout ratio is 42.41%.

Institutional Trading of Royal Bank Of Canada

Several institutional investors have recently bought and sold shares of RY. Harvest Fund Management Co. Ltd acquired a new stake in Royal Bank Of Canada in the fourth quarter valued at approximately $25,000. Tradewinds Capital Management LLC acquired a new stake in Royal Bank Of Canada in the fourth quarter valued at approximately $26,000. Key Financial Inc grew its holdings in Royal Bank Of Canada by 63.0% in the first quarter. Key Financial Inc now owns 163 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 63 shares during the period. Johnson Financial Group Inc. acquired a new stake in Royal Bank Of Canada in the third quarter valued at approximately $27,000. Finally, Maseco LLP lifted its position in shares of Royal Bank Of Canada by 355.0% in the first quarter. Maseco LLP now owns 182 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 142 shares in the last quarter. 45.31% of the stock is owned by institutional investors and hedge funds.

Royal Bank Of Canada Company Profile

(Get Free Report)

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.