RY-PZ:CA:TSX-Royal Bank of Canada Pref Z (CAD)

PREFERRED STOCK | Banks - Diversified |

Last Closing

CAD 25.11

Change

+0.01 (+0.04)%

Market Cap

CAD 189.83B

Volume

0.27M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-18 )

Largest Industry Peers for Banks - Diversified

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

+1.77 (+1.32%)

CAD 190.27B
RY-PM:CA Royal Bank of Canada Pref M

+0.10 (+0.43%)

CAD 177.48B
RY-PJ:CA Royal Bank of Canada Pref J

-0.01 (-0.04%)

CAD 176.13B
TD:CA Toronto Dominion Bank

-1.32 (-1.63%)

CAD 141.25B
BMO-PW:CA Bank of Montreal Pref W

+0.08 (+0.33%)

CAD 93.88B
BMO:CA Bank of Montreal

-0.42 (-0.34%)

CAD 89.17B
BMO-PY:CA Bank of Montreal Pref Y

+0.01 (+0.04%)

CAD 80.54B
BMO-PE:CA Bank of Montreal Pref Class B

+0.16 (+0.63%)

CAD 78.02B
BNS:CA Bank of Nova Scotia

-0.38 (-0.60%)

CAD 77.36B
CM:CA Canadian Imperial Bank Of Comm..

+0.19 (+0.29%)

CAD 60.46B

ETFs Containing RY-PZ: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 30.78% 91% A- 94% A
Dividend Return 1.20% 32% F 53% F
Total Return 31.99% 91% A- 94% A
Trailing 12 Months  
Capital Gain 41.46% 100% F 93% A
Dividend Return 5.21% 36% F 77% C+
Total Return 46.68% 100% F 94% A
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 6.37% 82% B 65% D
Dividend Return 10.39% 86% B+ 73% C
Total Return 4.02% 82% B 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 26.43% 18% F 36% F
Risk Adjusted Return 39.31% 77% C+ 66% D+
Market Capitalization 189.83B 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Dividend Growth

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