RY-PM:CA:TSX-Royal Bank of Canada Pref M (CAD)

PREFERRED STOCK | Banks - Diversified |

Last Closing

CAD 23.92

Change

-0.13 (-0.54)%

Market Cap

CAD 193.65B

Volume

4.48K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
RY:CA Royal Bank of Canada

-0.25 (-0.15%)

CAD 245.11B
RY-PJ:CA Royal Bank of Canada Pref J

-0.01 (-0.04%)

CAD 191.90B
TD:CA Toronto Dominion Bank

+0.07 (+0.09%)

CAD 137.30B
BMO-PW:CA Bank of Montreal Pref W

-0.23 (-0.91%)

CAD 98.05B
BMO:CA Bank of Montreal

-1.80 (-1.39%)

CAD 94.49B
BNS:CA Bank of Nova Scotia

-0.12 (-0.16%)

CAD 89.91B
BMO-PY:CA Bank of Montreal Pref Y

-0.19 (-0.78%)

CAD 83.29B
CM:CA Canadian Imperial Bank Of Comm..

+0.09 (+0.10%)

CAD 83.11B
BMO-PE:CA Bank of Montreal Pref Class B

-0.08 (-0.30%)

CAD 81.65B
CM-PQ:CA Canadian Imperial Bank of Comm..

+0.01 (+0.04%)

CAD 61.79B

ETFs Containing RY-PM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 29.79% 74% C 82% B
Dividend Return -10.17% 100% F 80% B-
Total Return 19.61% 79% B- 70% C-
Trailing 12 Months  
Capital Gain 45.68% 84% B 82% B
Dividend Return -11.42% 100% F 79% B-
Total Return 34.26% 79% B- 73% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.79% 11% F 22% F
Dividend Return 0.58% 11% F 28% F
Total Return 2.37% 11% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 18.72% 53% F 46% F
Risk Adjusted Return 3.10% 11% F 25% F
Market Capitalization 193.65B 94% A 100% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector