Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock Has Average Price Target of $356.10 According to Brokerages

Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twenty-three analysts that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $357.80.

A number of equities research analysts have commented on the company. Citigroup increased their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their price objective on shares of Royal Caribbean Cruises from $345.00 to $394.00 and gave the company an “overweight” rating in a report on Thursday, September 24th. Weiss Ratings lowered shares of Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Bank of America upgraded Royal Caribbean Cruises from a “neutral” rating to a “buy” rating and set a $330.00 price objective for the company in a research note on Monday. Finally, William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th.

Check Out Our Latest Stock Report on RCL

Insiders Place Their Bets

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares in the company, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.44% of the company’s stock.

Institutional Trading of Royal Caribbean Cruises

Several institutional investors have recently modified their holdings of the stock. Capital International Investors lifted its stake in shares of Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after buying an additional 3,215,382 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth approximately $6,549,422,000. Capital Research Global Investors lifted its position in Royal Caribbean Cruises by 4.8% during the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after buying an additional 920,042 shares in the last quarter. State Street Corp boosted its stake in Royal Caribbean Cruises by 2.6% during the second quarter. State Street Corp now owns 10,689,134 shares of the company’s stock worth $3,409,971,000 after buying an additional 270,930 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Royal Caribbean Cruises by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after buying an additional 155,491 shares in the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Key Royal Caribbean Cruises News

Here are the key news stories impacting Royal Caribbean Cruises this week:

Royal Caribbean Cruises Stock Performance

Shares of RCL stock opened at $242.30 on Friday. Royal Caribbean Cruises has a 12-month low of $222.22 and a 12-month high of $356.39. The business’s fifty day simple moving average is $283.21 and its 200-day simple moving average is $281.49. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. The company has a market cap of $64.80 billion, a PE ratio of 14.98, a PEG ratio of 0.80 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter last year, the firm earned $4.38 EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Analysts expect that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a $1.50 dividend. The ex-dividend date is Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.5%. Royal Caribbean Cruises’s dividend payout ratio is 37.08%.

Royal Caribbean Cruises Company Profile

(Get Free Report)

Royal Caribbean Cruises Ltd., now known as Royal Caribbean Group, is a global cruise company that operates vacation experiences through a portfolio of cruise brands. Its principal brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, each serving different segments of the leisure travel market, from family-oriented cruises and large-scale resort-style ships to premium and luxury expedition voyages.

The company offers cruises to destinations around the world, including the Caribbean, Europe, Alaska, Asia, Australia, New Zealand and other international regions.

Further Reading

Analyst Recommendations for Royal Caribbean Cruises (NYSE:RCL)

Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter.