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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$170.30 -1.39 (-0.81%)
(As of 11/20/2024 ET)

RY vs. TD, BNS, BMO, FFH, KEY, HUT, BLX, SII, BITF, and HIVE

Should you be buying Royal Bank of Canada stock or one of its competitors? The main competitors of Royal Bank of Canada include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), Fairfax Financial (FFH), Keyera (KEY), Hut 8 (HUT), Boralex (BLX), Sprott (SII), Bitfarms (BITF), and HIVE Digital Technologies (HIVE). These companies are all part of the "banking" industry.

Royal Bank of Canada vs.

Royal Bank of Canada (TSE:RY) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, media sentiment, earnings, profitability, valuation, risk, institutional ownership, community ranking and dividends.

Royal Bank of Canada received 181 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.70% of users gave Royal Bank of Canada an outperform vote while only 54.38% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
752
58.70%
Underperform Votes
529
41.30%
Toronto-Dominion BankOutperform Votes
571
54.38%
Underperform Votes
479
45.62%

52.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 58.1% of Toronto-Dominion Bank shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Royal Bank of Canada has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500.

Royal Bank of Canada has a net margin of 28.67% compared to Toronto-Dominion Bank's net margin of 15.72%. Royal Bank of Canada's return on equity of 13.68% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada28.67% 13.68% 0.80%
Toronto-Dominion Bank 15.72%7.33%0.43%

In the previous week, Royal Bank of Canada had 1 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 11 mentions for Royal Bank of Canada and 10 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.20 beat Royal Bank of Canada's score of 0.06 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
0 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.3%. Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.2%. Royal Bank of Canada pays out 50.3% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 94.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Royal Bank of Canada currently has a consensus target price of C$168.00, indicating a potential downside of 1.35%. Toronto-Dominion Bank has a consensus target price of C$87.23, indicating a potential upside of 11.51%. Given Toronto-Dominion Bank's higher possible upside, analysts clearly believe Toronto-Dominion Bank is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
2.92
Toronto-Dominion Bank
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.62

Royal Bank of Canada has higher revenue and earnings than Toronto-Dominion Bank. Royal Bank of Canada is trading at a lower price-to-earnings ratio than Toronto-Dominion Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$56.51B4.25C$15.90BC$11.2915.08
Toronto-Dominion BankC$52.31B2.62C$7.69BC$4.3218.11

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RY vs. The Competition

MetricRoyal Bank of CanadaBanks IndustryFinancial SectorTSE Exchange
Market CapC$240.12BC$86.72BC$3.26BC$6.25B
Dividend Yield3.31%4.73%4.58%5.27%
P/E Ratio15.08188.79441.0626.84
Price / Sales4.2579.173,276.381,531.29
Price / Cash0.240.1748.2383.81
Price / Book2.101.211.483.15
Net IncomeC$15.90BC$7.94BC$396.75MC$299.38M
7 Day Performance-1.02%-0.48%0.14%0.76%
1 Month Performance-1.57%-1.10%7.05%12.82%
1 Year Performance42.18%49.95%15.55%44.03%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
1.1655 of 5 stars
C$170.30
-0.8%
C$168.00
-1.4%
+41.3%C$240.12BC$56.51B15.0891,400Analyst Forecast
TD
Toronto-Dominion Bank
1.6284 of 5 stars
C$78.23
+0.3%
C$87.23
+11.5%
-8.1%C$136.90BC$52.31B18.1193,700Analyst Forecast
BNS
Bank of Nova Scotia
2.3947 of 5 stars
C$78.71
+0.4%
C$74.75
-5.0%
+29.1%C$97.60BC$29.60B13.7891,000Upcoming Earnings
Analyst Forecast
News Coverage
BMO
Bank of Montreal
3.1281 of 5 stars
C$131.48
+0.1%
C$124.69
-5.2%
+17.7%C$95.90BC$31.41B15.1346,700Analyst Forecast
FFH
Fairfax Financial
2.0788 of 5 stars
C$1,950.40
+1.4%
C$2,025.00
+3.8%
+59.5%C$45.46BC$33.32B8.6819,300News Coverage
KEY
Keyera
2.2102 of 5 stars
C$46.48
+3.0%
C$42.58
-8.4%
+44.0%C$10.65BC$7B31.1917,500Analyst Forecast
Analyst Revision
HUT
Hut 8
N/AC$34.14
-3.5%
N/A+1,155.1%C$3.19BC$171.99M-31.91219Analyst Revision
Gap Up
BLX
Boralex
3.5436 of 5 stars
C$30.02
+0.1%
C$43.38
+44.5%
-2.5%C$3.09BC$959M32.28180Analyst Revision
SII
Sprott
1.474 of 5 stars
C$61.50
+0.8%
C$67.00
+8.9%
+47.6%C$1.56BC$182.34M28.08170Dividend Increase
Ex-Dividend
Positive News
BITF
Bitfarms
2.4697 of 5 stars
C$3.03
-2.6%
C$6.50
+114.5%
+88.2%C$1.37BC$172.70M-6.22110
HIVE
HIVE Digital Technologies
0.4459 of 5 stars
C$5.78
-3.7%
C$9.00
+55.7%
+42.7%C$686.20MC$123.14M-12.2720Gap Up

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This page (TSE:RY) was last updated on 11/21/2024 by MarketBeat.com Staff
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