Is Royal Bank of Canada stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Royal Bank of Canada pays dividends. Last time was Friday 22nd of November 2024 where the investors holding the stock on Thursday 24th of October 2024 were paid $1.42 per share. Over the last 42 times between 2014 and 2024, Royal Bank of Canada has paid $33.72897 with an average of $0.8 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Royal Bank of Canada 10 years ago, but if you had invested on Thursday 11th of March 2021 when the price was $92.17, you would have made a profit of $29.43 per share or 31.93%
No, the average daily trading liquidity for Royal Bank of Canada is $517 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Royal Bank of Canada has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. Royal Bank of Canada has a very good net profit margin of 30.69% and should have very high tolerances against inflation.
We have calculated the inflation risk for Royal Bank of Canada to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.