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 Tuesday 8th of August 2023 where the investors holding the stock on Tuesday 25th of July 2023 were paid $0.42188 per share. Over the last 32 times between 2016 and 2023, Royal Bank of Canada has paid $13.50016 with an average of $0.42 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 Monday 9th of September 2019 when the price was $29.77, you would have made a loss of $-4.76 per share or -15.99%
No, the average daily trading liquidity for Royal Bank of Canada is $2 069 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 28.16% 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 July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.