Royal Caribbean Cruises (NYSE:RCL – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Tigress Financial in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They currently have a $425.00 price target on the stock. Tigress Financial’s price objective points to a potential upside of 63.05% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. UBS Group restated a “buy” rating on shares of Royal Caribbean Cruises in a report on Wednesday, September 23rd. Zacks Research upgraded shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. Susquehanna lifted their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a research note on Wednesday, July 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. Finally, TD Cowen raised Royal Caribbean Cruises to a “strong-buy” rating in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $357.80.
Read Our Latest Stock Analysis on Royal Caribbean Cruises
Royal Caribbean Cruises Stock Performance
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating the consensus estimate 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 company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same period last year, the business posted $4.38 EPS. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Royal Caribbean Cruises will post 17.78 EPS for the current year.
Insiders Place Their Bets
In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the sale, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.44% of the company’s stock.
Hedge Funds Weigh In On Royal Caribbean Cruises
A number of institutional investors have recently made changes to their positions in the stock. Capital International Investors boosted its holdings in Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after acquiring an additional 3,215,382 shares during the period. BlackRock Inc. purchased a new stake in Royal Caribbean Cruises in the second quarter worth $6,549,422,000. Capital Research Global Investors boosted its stake in shares of Royal Caribbean Cruises by 4.8% during the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after purchasing an additional 920,042 shares in the last quarter. State Street Corp boosted its position in Royal Caribbean Cruises by 2.6% during the 2nd quarter. State Street Corp now owns 10,689,134 shares of the company’s stock valued at $3,409,971,000 after acquiring an additional 270,930 shares in the last quarter. Finally, Janus Henderson Group PLC grew its stake in Royal Caribbean Cruises by 23.9% in the fourth quarter. Janus Henderson Group PLC now owns 2,416,425 shares of the company’s stock worth $673,990,000 after purchasing an additional 465,401 shares during the period. Institutional investors own 87.53% of the company’s stock.
About Royal Caribbean Cruises
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.
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