Royal Bank of Canada (RY)
137.88
+1.68 (1.23%)
NYSE · Last Trade: Aug 23rd, 7:11 PM EDT
Detailed Quote
| Previous Close | 136.20 |
|---|---|
| Open | 136.43 |
| Bid | 137.88 |
| Ask | 138.71 |
| Day's Range | 135.97 - 138.34 |
| 52 Week Range | 106.10 - 138.34 |
| Volume | 700,768 |
| Market Cap | 197.26B |
| PE Ratio (TTM) | - |
| EPS (TTM) | - |
| Dividend & Yield | 2.052 (1.49%) |
| 1 Month Average Volume | 1,115,690 |
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About Royal Bank of Canada (RY)
Royal Bank of Canada is a leading financial services institution that provides a wide range of banking and financial solutions to individuals, businesses, and institutions. The bank offers personal and commercial banking services, wealth management, investment banking, and capital markets services. With a robust network of branch locations and digital platforms, it aims to meet the diverse needs of its clients while focusing on innovation and customer service. Royal Bank of Canada is committed to enhancing the financial well-being of its customers and leveraging its expertise to support economic growth in the communities it serves. Read More
News & Press Releases
The stock would need to fall to $45 for this to occur.
Via The Motley Fool · August 23, 2025
It's always encouraging to get what appears to be good news from the FDA.
Via The Motley Fool · August 22, 2025
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Via StockStory · August 22, 2025
Shares of video communications platform Zoom (NASDAQ:ZM) jumped 10.8% in the afternoon session after the company reported second-quarter financial results that beat analyst expectations. The company's revenue grew 4.7% year-over-year to $1.22 billion, its fastest pace in 11 quarters, while adjusted earnings per share of $1.53 also surpassed estimates. The company also raised its full-year guidance for both revenue and adjusted EPS. The solid results prompted at least one analyst to become more bullish on the stock's prospects. Following the report, RBC Capital raised its price target on the stock to $100 from $95, maintaining an Outperform rating. The strong earnings and positive analyst sentiment fueled the stock's upward momentum.
Via StockStory · August 22, 2025
Biohaven stock surged early Friday after the FDA canceled an upcoming meeting to discuss the benefits and risks of its drug.
Via Investor's Business Daily · August 22, 2025
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Via StockStory · August 22, 2025
Shares of fast-food chain Jack in the Box (NASDAQ:JACK)
fell 4.6% in the afternoon session after multiple Wall Street analysts lowered their price targets on the stock. The negative sentiment from Wall Street follows price target reductions from several financial firms. While maintaining their ratings, analysts adjusted their outlooks. TD Cowen lowered its target from $25 to $21, and RBC Capital cut its target to $22 from $30. Similarly, Truist Securities and Barclays both reduced their price targets to $19. Oppenheimer also made a significant adjustment, lowering its target from $44 to $28. These widespread reductions from multiple analysts suggest a more cautious view on the company's near-term stock performance, even though the underlying 'buy' or 'hold' ratings were unchanged.
Via StockStory · August 21, 2025
Insurance coverage is key for any new drug. But it's looking tenuous for Gilead Sciences' newest HIV prevention drug.
Via Investor's Business Daily · August 21, 2025
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 10.4% in the afternoon session after RBC Capital upgraded the stock to 'Outperform' from 'Sector Perform,' citing greater certainty around federal solar tax credits.
Via StockStory · August 18, 2025
Sunrun is experiencing another surge in positive sentiment from Wall Street. RBC Capital upgraded the residential solar company's stock from Sector Perform to Outperform.
Via Benzinga · August 18, 2025
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 9.5% in the afternoon session after the company announced its co-founders, Logan Green and John Zimmer, will step down from the board next year. The rideshare company announced that co-founders Logan Green and John Zimmer will exit the board in August 2025, completing a two-year transition plan. As part of the change, they will convert their special Class B shares to Class A shares, eliminating the dual-class structure and establishing equal voting rights for all shareholders.
Via StockStory · August 15, 2025
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Their momentum is also rising as lower interest rates have incentivized higher capital spending.
As a result, the industry has posted a 7.5% gain over the past six months, beating the S&P 500 by 2.1 percentage points.
Via StockStory · August 15, 2025
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 3.5% in the afternoon session after a wave of positive analyst commentary pointed to a strong growth outlook. RBC Capital reiterated its Outperform rating on the stock with a $21 price target, citing a confident tone from management regarding the company's future. This sentiment was supported by a Seeking Alpha report highlighting that Lyft has greater upside potential than its rival Uber, due to a more focused operation and a lower valuation. While the company's recent second-quarter results were mixed, with a slight miss on revenue, investors appear to be focusing on the positives, such as record gross bookings, robust rider growth, and operational improvements. Management has signaled a 'thriving marketplace' and expects a stronger second half of the year.
Via StockStory · August 13, 2025
RBC Bearings’ second quarter results received a positive market response, as the company delivered year-over-year revenue growth and exceeded Wall Street’s expectations. Management credited robust demand in the Aerospace and Defense segment, with particular strength in both commercial and defense aftermarket sales. CEO Michael J. Hartnett highlighted that the aircraft aftermarket expanded 22.6% and defense aftermarket grew 11.9%, while industrial distribution also performed well. The company’s backlog surpassed $1 billion for the first time, with Hartnett noting, “We are well positioned in our markets. We see unprecedented demand in several important areas.”
Via StockStory · August 12, 2025
Bearings manufacturer RBC Bearings (NYSE:RBC) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.3% year on year to $436 million. On top of that, next quarter’s revenue guidance ($450 million at the midpoint) was surprisingly good and 3.8% above what analysts were expecting. Its non-GAAP profit of $2.84 per share was 3.6% above analysts’ consensus estimates.
Via StockStory · August 12, 2025
Insmed shares surged after U.S. regulators approved Brinsupri, the first treatment for non-cystic fibrosis bronchiectasis.
Via Stocktwits · August 13, 2025
PubMatic (NASDAQ: PUBM), a prominent sell-side advertising technology company, experienced a dramatic premarket decline of over 30% in its share price following a crucial announcement. Despite reporting a profitable second quarter, the company issued a revised full-year revenue forecast that fell significantly short of Wall Street's expectations. This stark divergence
Via MarketMinute · August 12, 2025
Shares of internet service provider Cogent Communications (NASDAQ:CCOI) fell 3.2% in the morning session after a downgrade by Citigroup to Neutral from Buy, citing risks of a future dividend cut. The bank slashed its price target on the shares to $33 from $67, a reduction of over 50%, and raised its risk rating on the stock to 'high-risk.' The downgrade stems from concerns about the company's high net debt and the significant risk of a 'substantial dividend cut' between 33% and 50% over the next one to two years. Citigroup noted that Cogent's recent underperformance in the second quarter highlights that future earnings growth is now more dependent on revenue growth rather than cost-cutting. This follows a recent trend of negative sentiment, with RBC Capital also downgrading the stock just days earlier after the company reported weak quarterly results that missed revenue and earnings estimates.
Via StockStory · August 12, 2025
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
Via StockStory · August 12, 2025
Recent developments indicate the e-commerce specialist could reach breakeven next year.
Via The Motley Fool · August 11, 2025
Wall Street is on high alert this week as the highly anticipated Consumer Price Index (CPI) and Producer Price Index (PPI) data for July are set to be released. These crucial inflation reports are poised to significantly influence investor sentiment, shape expectations for the Federal Reserve's September interest rate decision,
Via MarketMinute · August 11, 2025
Shares of data protection and security software company Varonis (NASDAQ:VRNS) jumped 4.5% in the afternoon session after it received an upgrade from Wells Fargo, which also significantly raised its price target on the stock. The upgrade came from Wells Fargo analyst Andrew Nowinski, who lifted the data security firm's rating from "Equal-Weight" to "Overweight." Alongside the improved rating, the analyst also boosted the price target on the shares significantly, from $51.00 to $70.00. This new target represents a substantial 37.25% increase, signaling a strong optimistic outlook on the company's stock potential and future performance.
Via StockStory · August 11, 2025
Some Wall Street analysts expect big losses for Palantir and Super Micro Computer shareholders.
Via The Motley Fool · August 9, 2025
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Via StockStory · August 8, 2025
Insurance and annuity provider Brighthouse Financial (NASDAQ:BHF) missed Wall Street’s revenue expectations in Q2 CY2025, with sales falling 2.9% year on year to $2.15 billion. Its non-GAAP profit of $3.43 per share was 21.8% below analysts’ consensus estimates.
Via StockStory · August 8, 2025