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

Company Overview

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company founded in 1968 and headquartered in Miami, Florida. The company traces its origins to a joint venture between three Norwegian shipping lines and launched its first vessel, the Song of Norway, in 1970. Over the years, Royal Caribbean has grown into one of the world’s leading cruise operators through organic fleet expansion, strategic acquisitions, and the development of innovative ship designs.

The company’s core business is the operation of cruise ships under multiple brands, each targeting different market segments. Its flagship Royal Caribbean International brand offers mass-market, amenity-rich vessels with features such as rock-climbing walls, surf simulators, and Broadway-style shows. Celebrity Cruises serves the premium segment with modern luxury ships and culinary-focused itineraries, while Azamara specializes in destination-immersive voyages. In 2020, the company further broadened its portfolio by completing the acquisition of Silversea Cruises, adding ultra-luxury small-ship experiences to its offerings.

Royal Caribbean Cruises operates itineraries in more than 300 destinations across six continents, with a strong presence in the Caribbean, Mediterranean, Northern Europe, Alaska, Asia, Australia and the South Pacific. The company’s strategic homeports span North America, Europe and Asia, enabling a diversified geographic footprint. Its fleet includes ships powered by a range of propulsion systems, and the company is actively investing in liquefied natural gas (LNG) technology, shore-power connections and other sustainability initiatives aimed at reducing environmental impact.

Leadership at Royal Caribbean Cruises is committed to innovation and growth. Jason Liberty, who assumed the role of President and Chief Executive Officer in 2023, oversees a management team responsible for operations, ship construction, guest experience and strategic planning. The company’s board provides governance and guidance on long-term objectives, including fleet optimization, guest satisfaction and environmental stewardship. With a focus on delivering memorable vacation experiences and pursuing sustainable practices, Royal Caribbean Cruises continues to expand its global footprint and enhance value for shareholders and guests alike.

Key Stats

• Today's Range: $315.01 to $326.84
• 50-Day Range: $211.49 to $326.17
• 52-Week Range: $130.08 to $327.54
• Volume: 2.94 million shs
• Average Volume: 2.34 million shs
• Market Capitalization: $88.57 billion
• P/E Ratio: 27.09
• Dividend Yield: 0.92%
• Price Target: $280.40
• Consensus Rating: Moderate Buy

Royal Caribbean Cruises Stock Analysis - MarketRank™

Royal Caribbean Cruises scored higher than 95% of companies evaluated by MarketBeat, and ranked 20th out of 295 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: 2.5 / 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 2.90, and is based on 17 buy ratings, 3 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 27.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Caribbean Cruises is 27.09, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.91.

Price to Earnings Growth Ratio

Royal Caribbean Cruises has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Royal Caribbean Cruises has a P/B Ratio of 11.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.62% 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 4.9.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently increased by 2.43%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Royal Caribbean Cruises has a dividend yield of 0.95%, 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 24.92%. 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

4.62% 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 4.9.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently increased by 2.43%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.09

News Sentiment

Royal Caribbean Cruises has a news sentiment score of 1.09. 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 0.76 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 41 news articles for Royal Caribbean Cruises this week, compared to 22 articles on an average week.

Search Interest

52 people have searched for RCL on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.

MarketBeat Follows

18 people have added Royal Caribbean Cruises to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $4,960,760.00 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 41.4% and is now trading at $326.17.
View the best growth stocks for 2025 here.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) released its quarterly earnings results on Tuesday, April, 29th. The company reported $2.71 earnings per share for the quarter, topping analysts' consensus estimates of $2.53 by $0.18. Royal Caribbean Cruises's revenue was up 7.3% 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 First Financial Bank Trust Division (0.01%), Harbor Investment Advisory LLC, Kera Capital Partners Inc. and HBW Advisory Services LLC. Insiders that own company stock include Arne Alexander Wilhelmsen, Richard D Fain, Jason T Liberty, Michael W Bayley, Naftali Holtz, Vagn O Sorensen, Harri U Kulovaara, Laura H Bethge, 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 4/4 Dividend: 3/07/2025
• Ex-Dividend for 4/4 Dividend: 3/07/2025
• Dividend Payable: 4/04/2025
• Last Earnings: 4/29/2025
• Record date for 7/3 Dividend: 6/04/2025
• Today: 7/02/2025
• Dividend Payable: 7/03/2025
• Next Earnings (Estimated): 7/24/2025
• 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 Stock Price Target: $280.40
• High Stock Price Target: $360.00
• Low Stock Price Target: $230.00
• Potential Upside/Downside: -14.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.90
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): $12.04
• Trailing P/E Ratio: 27.09
• Forward P/E Ratio: 21.89
• P/E Growth: 0.94
• Net Income: $2.88 billion
• Net Margins: 19.38%
• Pretax Margin: 19.51%
• Return on Equity: 47.89%
• Return on Assets: 9.44%

Debt

• Debt-to-Equity Ratio: 2.21
• Current Ratio: 0.18
• Quick Ratio: 0.15

Sales & Book Value

• Annual Sales: $16.48 billion
• Price / Sales: 5.37
• Cash Flow: $19.00 per share
• Price / Cash Flow: 17.17
• Book Value: $28.77 per share
• Price / Book: 11.34

Miscellaneous

• Outstanding Shares: 271,560,000
• Free Float: 252,687,000
• Market Cap: $88.57 billion
• Optionable: Optionable
• Beta: 2.17