C$1,000 invested in Royal Bank of Canada on October 31, 2016, would have grown to C$4,988 by October 29, 2026, based on adjusted closing prices.
A hypothetical C$1,000 investment at the October 31, 2016 adjusted close of C$57.78 would have been worth C$4,988 at the October 29, 2026 adjusted close of C$288.21. That’s a total return of 398.8% over 9.99 years. The calculation uses adjusted closes, which include dividends in the adjusted series. It doesn’t add anything else, and it doesn’t account for fees or tax.
Investor takeaway: This snapshot shows how a lump-sum, buy-and-hold investment in Royal Bank of Canada performed over nearly a decade. It doesn’t account for fees or tax, and it doesn’t predict future returns.
Royal Bank of Canada
RY.TO
RY.TO
Royal Bank of Canada
WealthAwesomeMarket cap
$399.01B
P/E
18.2x
Div. yield
2.30%
Div. / share
$6.58
52W high
$302.65
52W low
$196.55
1W change
+1.92%
Beta
0.91
Analyst Price Targets
Based on analyst covering RY · as of Sep 17, 2026
Wall Street analysts forecast RY stock price to rise 4.9% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$302.43
+4.9% Upside
Current Price
C$288.21
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RY's historical volatility
30-Day Vol
16.3%
Annualized
90-Day Vol
16.9%
Annualized
Trend (90d)
-7.6%
Annualized drift
90d Mean
C$280.50
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$285.62 | C$270.01 – C$302.13 |
| 60 trading days | C$283.04 | C$261.42 – C$306.46 |
| 90 trading days | C$280.50 | C$254.48 – C$309.17 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
C$1,000 became C$4,988
The hypothetical investment returned 398.8% from October 31, 2016, to October 29, 2026, equivalent to an annualized return of 17.4%. The calculation uses adjusted closes, with dividends included in the adjusted series and nothing else added.
Bull case
Royal Bank of Canada’s adjusted close rose from C$57.78 to C$288.21 over the period, a substantial historical gain.
Bear case
A strong return over this period doesn’t rule out future losses. This snapshot covers one past period and doesn’t guarantee future performance.
The 10-year calculation
Royal Bank of Canada’s adjusted close was C$57.78 on October 31, 2016, and C$288.21 on October 29, 2026. Based on those prices, a hypothetical C$1,000 lump-sum investment held throughout the period would have been worth C$4,988.
The calculation assumes a buy-and-hold investment and uses adjusted closes. Dividends are included in the adjusted series, with nothing else added. The figures are before fees and tax and reflect 9.99 years of available price history. The total return was 398.8%, equivalent to an annualized return of 17.4%. Your own costs and tax situation aren’t included.
What the snapshot showed
Royal Bank of Canada’s adjusted closing price rose substantially over this period. The result offers a historical reference for investors reviewing the bank’s share performance, not an indication of what may happen next. For more company information, visit the Royal Bank of Canada stock page or review the RY.TO share profile.
The snapshot lists Royal Bank of Canada in the Financials sector, with a latest fundamental market capitalization of C$399.0B and a trailing P/E of 18.2. The P/E is a current valuation measure and wasn’t used to calculate the return. The return comes only from comparing the adjusted closing prices.
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