News headlines about Royal Bank of Canada (NYSE:RY) (TSE:RY) have trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Royal Bank of Canada earned a media sentiment score of 1.51 on their scale. InfoTrie also assigned news stories about the financial services provider an news buzz score of 9 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Royal Bank of Canada’s analysis:

Shares of Royal Bank of Canada stock opened at $71.91 on Tuesday. Royal Bank of Canada has a 12 month low of $71.01 and a 12 month high of $87.10. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.13. The company has a market cap of $104.38 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 1.36 and a beta of 1.14.

Royal Bank of Canada (NYSE:RY) (TSE:RY) last posted its quarterly earnings results on Wednesday, August 22nd. The financial services provider reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. Royal Bank of Canada had a return on equity of 18.11% and a net margin of 21.48%. The firm had revenue of $8.54 billion during the quarter, compared to analysts’ expectations of $8.39 billion. As a group, equities research analysts anticipate that Royal Bank of Canada will post 6.52 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Thursday, October 25th will be issued a $0.753 dividend. This represents a $3.01 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Wednesday, October 24th. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $0.73. Royal Bank of Canada’s dividend payout ratio (DPR) is currently 50.17%.

A number of brokerages have commented on RY. Barclays reissued a “sell” rating on shares of Royal Bank of Canada in a report on Friday. Zacks Investment Research raised Royal Bank of Canada from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. ValuEngine cut Royal Bank of Canada from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. Scotia Howard Weill raised Royal Bank of Canada from a “sector perform” rating to a “sector outperform” rating in a report on Monday, September 10th. Finally, Scotiabank raised Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report on Monday, September 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $97.20.

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Royal Bank of Canada Company Profile

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. This segment also provides a suite of financial products and services to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.

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