Royal Caribbean Cruises (RCL) Projected to Post Earnings on Tuesday

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $2.53 per share and revenue of $4.02 billion for the quarter. Royal Caribbean Cruises has set its Q2 2025 guidance at 4.000-4.100 EPS and its FY 2025 guidance at 14.550-15.550 EPS.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $2.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.53 by $0.18. The business had revenue of $4 billion for the quarter, compared to analysts' expectations of $4.02 billion. Royal Caribbean Cruises had a return on equity of 48.97% and a net margin of 17.46%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.77 EPS. On average, analysts expect Royal Caribbean Cruises to post $15 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Royal Caribbean Cruises Stock Performance

NYSE:RCL traded up $5.93 on Thursday, reaching $220.84. 2,206,148 shares of the company's stock were exchanged, compared to its average volume of 2,302,470. The firm has a market cap of $59.96 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 0.90 and a beta of 2.26. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.17 and a quick ratio of 0.15. The stock has a fifty day simple moving average of $209.67 and a 200-day simple moving average of $227.00. Royal Caribbean Cruises has a 52 week low of $130.08 and a 52 week high of $277.08.

Royal Caribbean Cruises Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 7th were issued a $0.75 dividend. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from Royal Caribbean Cruises's previous quarterly dividend of $0.55. This represents a $3.00 annualized dividend and a yield of 1.36%. Royal Caribbean Cruises's dividend payout ratio (DPR) is 28.06%.

Royal Caribbean Cruises announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 12th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RCL. UBS Group raised their price target on Royal Caribbean Cruises from $271.00 to $301.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Wells Fargo & Company lifted their target price on Royal Caribbean Cruises from $232.00 to $272.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Stifel Nicolaus lowered their price target on shares of Royal Caribbean Cruises from $310.00 to $265.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Tigress Financial raised their price objective on shares of Royal Caribbean Cruises from $270.00 to $330.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Loop Capital upgraded shares of Royal Caribbean Cruises from a "hold" rating to a "buy" rating and set a $250.00 price target for the company in a research report on Wednesday, March 5th. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Royal Caribbean Cruises has an average rating of "Moderate Buy" and a consensus target price of $272.55.

Insider Activity at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, insider Laura H. Bethge sold 14,992 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $261.86, for a total value of $3,925,805.12. Following the completion of the transaction, the insider now owns 21,155 shares of the company's stock, valued at approximately $5,539,648.30. The trade was a 41.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jason T. Liberty sold 58,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $261.95, for a total transaction of $15,193,100.00. Following the transaction, the chief executive officer now owns 143,214 shares in the company, valued at $37,514,907.30. This represents a 28.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 109,492 shares of company stock valued at $28,571,705 over the last 90 days. Corporate insiders own 7.95% of the company's stock.

Hedge Funds Weigh In On Royal Caribbean Cruises

An institutional investor recently raised its position in Royal Caribbean Cruises stock. Brighton Jones LLC boosted its position in Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,312 shares of the company's stock after purchasing an additional 143 shares during the period. Brighton Jones LLC's holdings in Royal Caribbean Cruises were worth $303,000 as of its most recent SEC filing. Institutional investors and hedge funds own 87.53% of the company's stock.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.