Royal Caribbean Cruises (NYSE:RCL) Stock Gets Price Target Cut from Susquehanna

Royal Caribbean Cruises (NYSE:RCL) had its price target decreased by stock analysts at Susquehanna from $372.00 to $355.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna’s target price would suggest a potential upside of 25.67% from the stock’s previous close.

RCL has been the subject of several other research reports. JPMorgan Chase & Co. upped their price target on shares of Royal Caribbean Cruises from $345.00 to $394.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Loop Capital increased their price objective on shares of Royal Caribbean Cruises from $304.00 to $327.00 in a research note on Wednesday, July 29th. BNP Paribas Exane raised their price objective on shares of Royal Caribbean Cruises from $357.00 to $392.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Tigress Financial restated a “buy” rating and set a $425.00 target price on shares of Royal Caribbean Cruises in a research report on Monday, September 28th. Finally, Citigroup restated a “buy” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $350.23.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $282.50 on Tuesday. The firm has a market capitalization of $75.55 billion, a P/E ratio of 17.46, a PEG ratio of 0.98 and a beta of 1.82. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises has a one year low of $222.22 and a one year high of $356.39. The business has a fifty day moving average of $273.03 and a 200 day moving average of $281.99.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating 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 company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter in the prior year, the company earned $4.38 earnings per share. Royal Caribbean Cruises’s 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. As a group, sell-side analysts anticipate that Royal Caribbean Cruises will post 17.79 EPS for the current year.

Insider Activity at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer owned 45,297 shares of the company’s stock, valued at $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Royal Caribbean Cruises during the 2nd quarter worth approximately $6,549,422,000. State Street Corp boosted its position in shares of Royal Caribbean Cruises by 2.6% in the second quarter. State Street Corp now owns 10,689,134 shares of the company’s stock worth $3,409,971,000 after purchasing an additional 270,930 shares during the period. Primecap Management Co. CA bought a new position in shares of Royal Caribbean Cruises in the second quarter worth approximately $669,804,000. Dimensional Fund Advisors LP boosted its position in shares of Royal Caribbean Cruises by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,957,044 shares of the company’s stock worth $538,393,000 after purchasing an additional 38,748 shares during the period. Finally, Jupiter Topco LLC bought a new position in shares of Royal Caribbean Cruises in the second quarter worth approximately $597,350,000. 87.53% of the stock is currently owned by institutional investors.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.