Should I buy or sell Royal Caribbean Cruises stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last twelve months. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RCL shares. View RCL analyst ratings or view top-rated stocks .

What is Royal Caribbean Cruises' stock price target for 2024?

14 Wall Street research analysts have issued 12 month price targets for Royal Caribbean Cruises' shares. Their RCL share price targets range from $71.00 to $139.00. On average, they predict the company's share price to reach $111.93 in the next year. This suggests that the stock has a possible downside of 6.1%. View analysts price targets for RCL or view top-rated stocks among Wall Street analysts .

How have RCL shares performed in 2023?

Royal Caribbean Cruises' stock was trading at $49.43 at the beginning of the year. Since then, RCL stock has increased by 141.3% and is now trading at $119.26. View the best growth stocks for 2023 here .

When is Royal Caribbean Cruises' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our RCL earnings forecast .

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) released its quarterly earnings data on Thursday, October, 26th. The company reported $3.85 EPS for the quarter, topping analysts' consensus estimates of $3.43 by $0.42. The company had revenue of $4.16 billion for the quarter, compared to analysts' expectations of $4.08 billion. Royal Caribbean Cruises had a trailing twelve-month return on equity of 34.59% and a net margin of 6.98%. Royal Caribbean Cruises's revenue for the quarter was up 39.0% on a year-over-year basis. During the same period last year, the firm posted $0.26 EPS. Read the conference call transcript .

Is Royal Caribbean Cruises a good dividend stock?

Royal Caribbean Cruises (NYSE:RCL) pays an annual dividend of $3.12 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 97.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RCL will have a dividend payout ratio of 34.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RCL .

What ETFs hold Royal Caribbean Cruises' stock?

ETFs with the largest weight of Royal Caribbean Cruises (NYSE:RCL) stock in their portfolio include Defiance Hotel, Airline, and Cruise ETF (CRUZ) , AdvisorShares Hotel ETF (BEDZ) , Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , Innovator IBD 50 ETF (FFTY) , Invesco Leisure and Entertainment ETF (PEJ) , Pinnacle Focused Opportunities ETF (FCUS) , WealthTrust DBS Long Term Growth ETF (WLTG) and Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) .

What guidance has Royal Caribbean Cruises issued on next quarter's earnings?

Royal Caribbean Cruises updated its FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share guidance of $6.58-$6.63 for the period, compared to the consensus EPS estimate of $6.12.

What is Richard D. Fain's approval rating as Royal Caribbean Cruises' CEO?

545 employees have rated Royal Caribbean Cruises Chief Executive Officer Richard D. Fain on Glassdoor.com . Richard D. Fain has an approval rating of 95% among the company's employees. This puts Richard D. Fain in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Royal Caribbean Cruises own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Caribbean Cruises investors own include Carnival Co. & (CCL) , Walt Disney (DIS) , NVIDIA (NVDA) , Delta Air Lines (DAL) , Tesla (TSLA) , Alibaba Group (BABA) , Boeing (BA) , American Airlines Group (AAL) and Netflix (NFLX) .

Who are Royal Caribbean Cruises' major shareholders?

Royal Caribbean Cruises' stock is owned by many different institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (2.42%), Canada Pension Plan Investment Board (1.64%), Northern Trust Corp (0.91%), Ariel Investments LLC (0.62%), Bank of New York Mellon Corp (0.60%) and Charles Schwab Investment Management Inc. (0.49%). Insiders that own company stock include Arne Alexander Wilhelmsen , Harri U Kulovaara , Henry L Pujol , Jason T Liberty , Laura H Bethge , Lisa Lutoff-Perlo , Maritza Gomez Montiel , Michael W Bayley and Naftali Holtz . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Royal Caribbean Cruises have any subsidiaries?

The following companies are subsidiares of Royal Caribbean Cruises: Celebrity Cruises Inc., RCL Cruises Ltd., and Silversea Cruises Ltd. Read More

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

$119.55

+1.38 (+1.17%)

(As of 02:21 PM ET)

Compare

Today's Range: $117.97
▼
$119.83
50-Day Range: $80.03
▼
$118.17
52-Week Range: $47.91
▼
$119.83

Volume: 1.33 million shs
Average Volume: 3.46 million shs
Market Capitalization: $30.63 billion

P/E Ratio: 37.36
Dividend Yield: N/A
Price Target: $111.93

Royal Caribbean Cruises MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.79 Rating Score
Upside/Downside: 6.1% Downside
$111.93 Price Target
Short Interest: Bearish
7.22% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.80
Upright™ Environmental Score
News Sentiment: 0.62
Based on 27 Articles This Week
Insider Trading: Selling Shares
$4.76 M Sold Last Quarter
Proj. Earnings Growth: 37.33%
From $6.59 to $9.05 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Consumer Discretionary Sector

62nd out of 234 stocks

Water Transportation Industry

5th out of 16 stocks

2.4

Analyst's Opinion

Consensus Rating
Royal Caribbean Cruises has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $111.93, Royal Caribbean Cruises has a forecasted downside of 6.1% from its current price of $119.26.
Amount of Analyst Coverage
Royal Caribbean Cruises has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
7.22% 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 5.5.
Change versus previous month
Short interest in Royal Caribbean Cruises has recently decreased by 1.40%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Royal Caribbean Cruises does not currently pay a dividend.
Dividend Growth
Royal Caribbean Cruises does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Royal Caribbean Cruises is 97.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Royal Caribbean Cruises will have a dividend payout ratio of 34.48% next year. This indicates that Royal Caribbean Cruises will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Royal Caribbean Cruises has received a 40.05% net impact score from Upright. Royal Caribbean Cruises seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Cruises with high sulfur fuel cruise ships with scrubbers", "Cruises with low sulfur fuel cruise ships", and "Tour operator services" products. See details.
Environmental Sustainability
The Environmental Impact score for Royal Caribbean Cruises is -3.80.

2.6

News and Social Media Coverage

News Sentiment
Royal Caribbean Cruises has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 27 news articles for Royal Caribbean Cruises this week, compared to 15 articles on an average week.
Search Interest
28 people have searched for RCL on MarketBeat in the last 30 days. This is an increase of 12% compared to the previous 30 days.
MarketBeat Follows
Only 18 people have added Royal Caribbean Cruises to their MarketBeat watchlist in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

2.5

Company Ownership

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 $4,761,550.00 in company stock.
Percentage Held by Insiders
Only 8.70% of the stock of Royal Caribbean Cruises is held by insiders.
Percentage Held by Institutions
75.64% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Royal Caribbean Cruises are expected to grow by 37.33% in the coming year, from $6.59 to $9.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Royal Caribbean Cruises is 37.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Caribbean Cruises is 37.27, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.15.
Price to Book Value per Share Ratio
Royal Caribbean Cruises has a P/B Ratio of 10.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Royal Caribbean Cruises Stock (NYSE:RCL)

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 13, 2023, it operated 64 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

RCL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RCL Stock News Headlines

December 1, 2023 | marketbeat.com

15 best consumer discretionary stocks for the rest of 2023 (RCL)

Think you might want to invest in consumer discretionary stocks, which investors usually purchase when the economy is good? Learn more with MarketBeat.

November 27, 2023 | marketbeat.com

From laggards to leaders: Small caps on the rise (RCL)

Despite large-cap dominance, signs suggest a shift to small-cap leadership. Valuations, positive Q3 results, and historical patterns point to potential gains.

December 7, 2023 | Edge On The Street (Ad)

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?

A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.

November 24, 2023 | marketbeat.com

What Me Worry? Consumer stocks surge despite high inflation (RCL)

Despite inflation and recession worries, consumer discretionary stocks, driven by sectors like apparel, restaurants and travel, outpaced expectations in 2023

December 7, 2023 | finance.yahoo.com

Can Royal Caribbean Cruises Ltd.'s (NYSE:RCL) ROE Continue To Surpass The Industry Average?

December 6, 2023 | finance.yahoo.com

Choice Hotels (CHH) Boosts Ascend Brand Portfolio With New Hotel

December 6, 2023 | finance.yahoo.com

Carnival Cruise Line answers key main dining room controversy

December 6, 2023 | americanbankingnews.com

Royal Caribbean Cruises (NYSE:RCL) Stock Rating Reaffirmed by Truist Financial

December 7, 2023 | Financial Alphas (Ad)

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With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

December 5, 2023 | finance.yahoo.com

5 Top-Ranked Stocks Pushing S&P 500 to 2023 Peak

December 5, 2023 | finance.yahoo.com

Zacks Investment Ideas feature highlights: Royal Caribbean Cruises, Spotify and Coinbase

December 4, 2023 | finance.yahoo.com

Jimmy Buffett's Margaritaville at Sea makes a huge move

December 3, 2023 | finance.yahoo.com

Carnival Cruise Line quietly raises another key price

December 3, 2023 | americanbankingnews.com

Harri U. Kulovaara Sells 24,707 Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock

December 2, 2023 | finance.yahoo.com

Royal Caribbean and Carnival Cruise passengers face a new charge

December 2, 2023 | finance.yahoo.com

Insider Sell Alert: EVP Harri Kulovaara Sells 24,707 Shares of Royal Caribbean Group (RCL)