Free Trial

Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$173.40 +1.09 (+0.63%)
(As of 12/20/2024 05:17 PM ET)

RY vs. TD, BMO, BNS, 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 Montreal (BMO), Bank of Nova Scotia (BNS), 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.

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

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
Toronto-Dominion BankC$52.31B2.51C$7.69BC$4.3217.37
Royal Bank of CanadaC$56.51B4.33C$15.90BC$11.2915.36

Toronto-Dominion Bank has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.84, indicating that its share price is 16% 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
Toronto-Dominion Bank15.72% 7.33% 0.43%
Royal Bank of Canada 28.67%13.68%0.80%

In the previous week, Toronto-Dominion Bank had 6 more articles in the media than Royal Bank of Canada. MarketBeat recorded 13 mentions for Toronto-Dominion Bank and 7 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.33 beat Toronto-Dominion Bank's score of 0.29 indicating that Royal Bank of Canada is being referred to more favorably in the news media.

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

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.4%. 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 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 pays out 50.3% of its earnings in the form of a dividend.

Toronto-Dominion Bank currently has a consensus price target of C$86.50, suggesting a potential upside of 15.29%. Royal Bank of Canada has a consensus price target of C$176.58, suggesting a potential upside of 1.84%. Given Toronto-Dominion Bank's higher possible upside, analysts plainly believe Toronto-Dominion Bank is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.46
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
3.09

Royal Bank of Canada received 180 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.51% of users gave Royal Bank of Canada an outperform vote while only 53.95% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
573
53.95%
Underperform Votes
489
46.05%
Royal Bank of CanadaOutperform Votes
753
58.51%
Underperform Votes
534
41.49%

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

Summary

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

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.
Skip Chart

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.
Skip Chart

RY vs. The Competition

MetricRoyal Bank of CanadaBanks IndustryFinancial SectorTSE Exchange
Market CapC$244.49BC$87.39BC$3.58BC$6.05B
Dividend Yield3.31%4.73%4.47%5.43%
P/E Ratio15.36181.09423.7126.16
Price / Sales4.3378.992,182.131,327.99
Price / Cash0.240.1750.8882.04
Price / Book2.131.201.503.07
Net IncomeC$15.90BC$7.94BC$350.59MC$294.08M
7 Day Performance-2.21%-1.74%-1.57%-2.47%
1 Month Performance-0.78%-1.04%0.72%-0.78%
1 Year Performance30.29%45.56%9.93%34.57%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
1.1559 of 5 stars
C$173.40
+0.6%
C$176.58
+1.8%
+31.0%C$244.49BC$56.51B15.3691,400Insider Trade
TD
Toronto-Dominion Bank
2.8659 of 5 stars
C$75.49
-0.5%
C$86.67
+14.8%
-10.0%C$132.11BC$52.31B17.5693,700Analyst Upgrade
BMO
Bank of Montreal
1.9147 of 5 stars
C$140.30
-0.5%
C$131.33
-6.4%
+9.0%C$102.34BC$31.41B16.2346,700
BNS
Bank of Nova Scotia
1.8086 of 5 stars
C$78.49
-0.5%
C$76.73
-2.2%
+23.6%C$97.33BC$29.60B13.8291,000
FFH
Fairfax Financial
1.5176 of 5 stars
C$2,000.20
+0.4%
C$2,025.00
+1.2%
+69.0%C$46.62BC$33.32B8.8719,300Positive News
KEY
Keyera
2.2586 of 5 stars
C$43.30
-0.3%
C$43.62
+0.7%
+35.6%C$9.92BC$7B29.1417,500Dividend Announcement
HUT
Hut 8
N/AC$44.12
+13.4%
N/A+109.1%C$4.12BC$171.99M-39.16219Gap Up
BLX
Boralex
2.855 of 5 stars
C$29.14
+0.5%
C$43.38
+48.9%
-10.8%C$2.99BC$959M31.17180
SII
Sprott
0.8764 of 5 stars
C$62.72
+0.7%
C$67.00
+6.8%
+39.2%C$1.59BC$182.34M28.45170News Coverage
BITF
Bitfarms
1.7162 of 5 stars
C$3.05
+10.5%
C$6.50
+113.1%
-33.6%C$1.38BC$172.70M-5.92110Gap Up
HIVE
HIVE Digital Technologies
0.2749 of 5 stars
C$5.87
+7.5%
C$9.00
+53.3%
-20.3%C$696.89MC$123.14M-11.7920Gap Up
High Trading Volume

Related Companies and Tools


This page (TSE:RY) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners