Royal Bank of Canada (RY) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Share on StockTwits

Royal Bank of Canada (TSE:RY) released its earnings data on Friday. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.06, American Banking News.com reports.

Shares of Royal Bank of Canada (TSE:RY) opened at 75.46 on Friday. Royal Bank of Canada has a 52-week low of $58.55 and a 52-week high of $75.93. The stock’s 50-day moving average is $73.12 and its 200-day moving average is $71.50. The company has a market cap of $108.8 billion and a P/E ratio of 13.17.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 22nd. Stockholders of record on Thursday, July 24th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.76%.

On the ratings front, analysts at Scotiabank cut their price target on shares of Royal Bank of Canada from C$81.00 to C$80.00 in a research note on Thursday, February 27th. They now have an “outperform” rating on the stock.

Royal Bank of Canada (TSE:RY) is a diversified financial services company.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Security Cost for TSA Increases on Monday
Security Cost for TSA Increases on Monday
Asian Investor Acquire Forbes
Asian Investor Acquire Forbes
Crossovers and SUVs Most Popular Vehicles in U.S.
Crossovers and SUVs Most Popular Vehicles in U.S.
AbbVie Finally Reaches Deal for Shire
AbbVie Finally Reaches Deal for Shire
Bank Robbery Gunfight Kills 1 Hostage and 2 Suspects
Bank Robbery Gunfight Kills 1 Hostage and 2 Suspects
Apple Gains Market Share on Samsung
Apple Gains Market Share on Samsung


Leave a Reply

 
© 2006-2014 WKRB News.