Royal Caribbean Cruises (RCL) Stock Price, News & Analysis

Company Overview

Royal Caribbean Group (NYSE: RCL) is a leading global cruise vacation company that develops, markets and operates a diversified portfolio of cruise brands. Its primary business includes operating passenger ships for leisure travel, offering itineraries that span the Caribbean, Europe, Alaska, Asia and Australia. The company designs, constructs and outfits its fleet with a range of amenities—from onboard entertainment venues and specialty dining to family-friendly activities and wellness facilities—tailored to mass-market, premium and luxury cruise segments.

Founded in 1968, the company launched its first vessel, Song of Norway, in 1970 and has since introduced several innovative ship classes, including the Voyager, Radiance and Oasis series. Royal Caribbean has grown through both organic fleet expansion and key acquisitions, such as Celebrity Cruises in 1997 and a majority stake in Silversea Cruises in 2018. These strategic moves have broadened the company’s service offerings and strengthened its presence across multiple market segments.

Today, Royal Caribbean’s brand portfolio includes Royal Caribbean International, Celebrity Cruises, Silversea Cruises and other specialty lines. Guests can choose from a variety of voyage durations and itineraries that visit more than 300 destinations worldwide, complemented by shore excursions, beverage and dining packages, and curated onboard experiences. The company also invests in technology and sustainability, with initiatives aimed at reducing emissions, improving energy efficiency and enhancing guest experiences.

Headquartered in Miami, Florida, Royal Caribbean Group operates offices throughout North America, Europe, Asia and Australia. As of early 2023, Jason T. Liberty serves as President and Chief Executive Officer, succeeding long-time leader Richard D. Fain. Under this leadership, the company continues to pursue strategic fleet modernization and environmental stewardship while expanding its global footprint.

Key Stats

• Today's Range: $353.55 to $362.66
• 50-Day Range: $295.81 to $366.09
• 52-Week Range: $154.08 to $366.50
• Volume: 1.08 million shs
• Average Volume: 2.49 million shs
• Market Capitalization: $97.92 billion
• P/E Ratio: 27.02
• Dividend Yield: 0.83%
• Price Target: $327.14
• Consensus Rating: Moderate Buy

Royal Caribbean Cruises Stock Analysis - MarketRank™

Royal Caribbean Cruises scored higher than 96% of companies evaluated by MarketBeat, and ranked 18th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Royal Caribbean Cruises has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 18 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Royal Caribbean Cruises has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.85%

Earnings Growth

Earnings for Royal Caribbean Cruises are expected to grow by 17.85% in the coming year, from $14.90 to $17.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Royal Caribbean Cruises is 27.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 271.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Caribbean Cruises is 27.02, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

Price to Earnings Growth Ratio

Royal Caribbean Cruises has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Royal Caribbean Cruises has a P/B Ratio of 10.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.15% of the float of Royal Caribbean Cruises has been sold short.

Short Interest Ratio / Days to Cover

Royal Caribbean Cruises has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently decreased by 2.42%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Royal Caribbean Cruises has a dividend yield of 0.83%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Royal Caribbean Cruises has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Royal Caribbean Cruises is 22.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Royal Caribbean Cruises will have a dividend payout ratio of 17.08% next year. This indicates that Royal Caribbean Cruises will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -3.80

Percentage of Shares Shorted

4.15% of the float of Royal Caribbean Cruises has been sold short.

Short Interest Ratio / Days to Cover

Royal Caribbean Cruises has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently decreased by 2.42%, indicating that investor sentiment is improving.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.34

News Sentiment

Royal Caribbean Cruises has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 34 news articles for Royal Caribbean Cruises this week, compared to 29 articles on an average week.

Search Interest

88 people have searched for RCL on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.

MarketBeat Follows

22 people have added Royal Caribbean Cruises to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Royal Caribbean Cruises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,091,282.00 in company stock.

Percentage Held by Insiders

Only 6.95% of the stock of Royal Caribbean Cruises is held by insiders.

Percentage Held by Institutions

87.53% of the stock of Royal Caribbean Cruises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RCL Stock Analysis - Frequently Asked Questions

How have RCL shares performed this year?

Royal Caribbean Cruises' stock was trading at $230.69 on January 1st, 2025. Since then, RCL stock has increased by 56.3% and is now trading at $360.49.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) released its quarterly earnings results on Tuesday, July, 29th. The company reported $4.38 earnings per share for the quarter, topping analysts' consensus estimates of $4.04 by $0.34. Royal Caribbean Cruises's revenue was up 10.4% on a year-over-year basis.
Read the conference call transcript.

Is Royal Caribbean Cruises doing a stock buyback?

Royal Caribbean Cruises' board approved a stock buyback program on Wednesday, February 12th 2025, which permits the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 1.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Does Royal Caribbean Cruises have any subsidiaries?

Royal Caribbean Cruises subsidiaries include Silversea Cruises Ltd, Celebrity Cruises Inc., and RCL Cruises Ltd..

Who are Royal Caribbean Cruises' major shareholders?

Top institutional investors of Royal Caribbean Cruises include Vanguard Group Inc. (10.90%), State Street Corp (3.86%), Geode Capital Management LLC (2.45%) and Invesco Ltd. (1.22%). Insiders that own company stock include Arne Alexander Wilhelmsen, Richard D Fain, Jason T Liberty, Michael W Bayley, Naftali Holtz, Harri U Kulovaara, Laura H Bethge, Vagn O Sorensen, Maritza Gomez Montiel and Henry L Pujol.
View institutional ownership trends.

How do I buy shares of Royal Caribbean Cruises?

Shares of RCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Royal Caribbean Cruises own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royal Caribbean Cruises investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Netflix (NFLX) and ServiceNow (NOW).

Company Calendar

• Record date for 7/3 Dividend: 6/04/2025
• Dividend Payable: 7/03/2025
• Last Earnings: 7/29/2025
• Today: 9/04/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: LEISURE&REC SVS
• Sub-Industry: Hotels Resorts & Cruise Lines
• Current Symbol: NYSE:RCL
• CIK: 884887
• Web: www.rclinvestor.com
• Phone: (305) 539-6000
• Fax: 305-374-7354
• Employees: 106,000
• Year Founded: 1969

Price Target and Rating

• Average Price Target for Royal Caribbean Cruises: $327.14
• High Price Target: $420.00
• Low Price Target: $230.00
• Potential Upside/Downside: -9.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.87
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $13.34
• Trailing P/E Ratio: 27.02
• Forward P/E Ratio: 24.19
• P/E Growth: 1.02
• Net Income: $2.88 billion
• Net Margins: 20.97%
• Pretax Margin: 21.10%
• Return on Equity: 47.15%
• Return on Assets: 10.19%

Debt

• Debt-to-Equity Ratio: 1.88
• Current Ratio: 0.23
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $17.18 billion
• Price / Sales: 5.70
• Cash Flow: $18.22 per share
• Price / Cash Flow: 19.79
• Book Value: $34.46 per share
• Price / Book: 10.46

Miscellaneous

• Outstanding Shares: 271,628,000
• Free Float: 252,750,000
• Market Cap: $97.92 billion
• Optionable: Optionable
• Beta: 2.12