RY.TO Royal Bank of Canada TSX C$234.00 close Market Closed: Feb 26 earnings focus
Royal Bank of Canada (RY.TO stock) closed at C$234.00 on 23 Feb 2026 as markets wrapped trading ahead of the bank’s Feb 26 earnings release. The share price fell -0.85% on volume of 5,427,376 shares, leaving RY.TO near its 50-day average of C$232.48. Investors will watch net interest margin, capital markets revenue, and any guidance shifts. This earnings spotlight frames valuation, technicals, and Meyka AI forward projections to show what could move the stock next.
Price action and intraday drivers for RY.TO stock
RY.TO stock ended the session at C$234.00, down C$2.00 or -0.85% from the prior close. Trading ranged between C$232.06 and C$237.30 with volume 5,427,376, about 1.57x average volume. The move reflects cautious positioning into the Feb 26 earnings announcement and mixed sector flows in Financial Services, where the 1-year sector gain is 25.82%.
Earnings preview and key metrics to watch
Royal Bank of Canada reports on 26 Feb 2026, and the market will focus on net interest margin, trading revenue in Capital Markets, and insurance results. Last reported trailing EPS is 14.07 and trailing PE is 16.63, metrics investors use to judge earnings quality. Prior quarterly beats and dividend increases set a high bar for guidance and capital commentary. See current analyst notes at MarketBeat for consensus context source.
Valuation snapshot and balance sheet signals
RY.TO stock trades at PE 16.63 with a price-to-book of 2.36 and dividend yield near 2.65%. Book value per share is C$99.11 and tangible book is C$80.02. Debt-to-equity reads 6.00 in the provider data set, which highlights leverage reporting differences across banks. Payout ratio is 43.22%, showing room to support dividends if earnings hold.
Technical picture and sector comparison
Technicals show a neutral to constructive setup: RSI 53.6, MACD histogram 0.14, and a close above the 50-day average C$232.48 and well above the 200-day average C$201.99. Bollinger Bands sit at C$225.65–C$238.11, so volatility is contained. Versus Financial Services peers, Royal Bank trades at a premium PB of 2.36 versus the sector average 1.72, reflecting larger scale and earnings consistency.
Risks, catalysts and analyst signals for RY.TO stock
Near-term risks include weaker capital markets activity and any surprise to loan-loss provisions. Catalysts are stronger-than-expected net interest income and margin guidance. Recent analyst coverage is mixed, with several buy/outperform calls but also conservative targets in some reports. Institutional ownership remains high, and flows ahead of earnings can amplify moves.
Meyka AI grade and forecast for RY.TO stock
Meyka AI rates RY.TO with a score of 76.67/100 — Grade B+ (BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 3-year price of C$241.74, implying an upside of 3.31% versus the current C$234.00. The model also shows a monthly projection of C$227.92, indicating short-term downside risk. Forecasts are model-based projections and not guarantees. For further analyst context, see MarketBeat’s forecast page source.
Final Thoughts
RY.TO stock closed at C$234.00 on 23 Feb 2026 as investors positioned for the Feb 26 earnings report. The bank combines steady earnings power, a PE of 16.63, and a dividend yield of 2.65%, which supports a conservative income case. Technicals favour holders while short-run forecasts show some downside; Meyka AI’s model projects a 3-year target of C$241.74, implying only 3.31% upside from current levels. That small mid-term upside and the premium price-to-book versus the Financial Services sector suggest the risk-reward leans on the upcoming earnings detail and guidance. Weigh near-term volatility around capital markets revenue and any change to provision guidance when deciding exposure. Meyka AI, an AI-powered market analysis platform, provides this data-driven frame but these grades and projections are not guarantees and do not constitute investment advice.
FAQs
When does Royal Bank of Canada report earnings and why does it matter for RY.TO stock?
Royal Bank of Canada reports on 26 Feb 2026. The release matters because guidance, net interest margin, and capital markets results can move RY.TO stock materially in the short term.
What valuation metrics are most relevant for RY.TO stock?
Key metrics are PE 16.63, price-to-book 2.36, EPS 14.07, and dividend yield 2.65%. These metrics show relative value versus Canadian bank peers and help assess dividend sustainability.
What does the Meyka AI forecast say about RY.TO stock performance?
Meyka AI’s model projects a 3-year price of C$241.74, implying 3.31% upside from C$234.00. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.