Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brands. The Royal Caribbean International brand provides itineraries to destinations worldwide, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, and New Zealand with cruise lengths that range from 2 to 23 nights. The Celebrity Cruises brand offers itineraries to destinations, such as Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, the Galapagos Islands, Hawaii, India, New Zealand, the Panama Canal, and South America with cruise lengths ranging from 2 to 19 nights. The Azamara Club Cruises brand offers cruise itineraries ranging from 4 to 21 nights to destinations, including Asia, Australia/New Zealand, Northern and Western Europe, the Mediterranean, Central and North America, and the less-traveled islands of the Caribbean. As of December 31, 2017, the company operated 49 ships with itineraries ranging from 2 to 23 nights to approximately 540 destinations. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryHotels Resorts & Cruise Lines
SectorConsumer Discretionary
SymbolNYSE:RCL
CUSIPV7780T10
Phone305-539-6000
Debt
Debt-to-Equity Ratio0.68
Current Ratio0.20
Quick Ratio0.18
Price-To-Earnings
Trailing P/E Ratio15.34
Forward P/E Ratio12.98
P/E Growth0.8
Sales & Book Value
Annual Sales$8.78 billion
Price / Sales2.75
Cash Flow$11.3337 per share
Price / Cash10.19
Book Value$45.50 per share
Price / Book2.54
Profitability
EPS (Most Recent Fiscal Year)$7.53
Net Income$1.63 billion
Net Margins19.31%
Return on Equity16.50%
Return on Assets7.60%
Miscellaneous
Employees66,000
Outstanding Shares208,970,000
Market Cap$23.75 billion
Royal Caribbean Cruises (NYSE:RCL) Frequently Asked Questions
What is Royal Caribbean Cruises' stock symbol?
Royal Caribbean Cruises trades on the New York Stock Exchange (NYSE) under the ticker symbol "RCL."
How often does Royal Caribbean Cruises pay dividends? What is the dividend yield for Royal Caribbean Cruises?
Royal Caribbean Cruises declared a quarterly dividend on Wednesday, May 9th. Investors of record on Monday, June 4th will be paid a dividend of $0.60 per share on Tuesday, July 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Friday, June 1st. View Royal Caribbean Cruises' Dividend History.
How will Royal Caribbean Cruises' stock buyback program work?
Royal Caribbean Cruises declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 9th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were Royal Caribbean Cruises' earnings last quarter?
Royal Caribbean Cruises Ltd (NYSE:RCL) posted its quarterly earnings data on Thursday, August, 2nd. The company reported $2.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.97 by $0.30. The business earned $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Royal Caribbean Cruises had a net margin of 19.31% and a return on equity of 16.50%. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.71 earnings per share. View Royal Caribbean Cruises' Earnings History.
When is Royal Caribbean Cruises' next earnings date?
What guidance has Royal Caribbean Cruises issued on next quarter's earnings?
Royal Caribbean Cruises updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $8.70-8.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.86. Royal Caribbean Cruises also updated its Q3 guidance to $3.90-3.95 EPS.
What price target have analysts set for RCL?
14 brokers have issued 12-month target prices for Royal Caribbean Cruises' shares. Their predictions range from $110.00 to $155.00. On average, they expect Royal Caribbean Cruises' share price to reach $138.2308 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Royal Caribbean Cruises.
What is the consensus analysts' recommendation for Royal Caribbean Cruises?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Royal Caribbean Cruises.
Who are some of Royal Caribbean Cruises' key competitors?
Some companies that are related to Royal Caribbean Cruises include Carnival (CCL), Brookfield Infrastructure Partners (BIP), Carnival (CUK), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).
Who are Royal Caribbean Cruises' key executives?
Royal Caribbean Cruises' management team includes the folowing people:
- Mr. Richard D. Fain, Chairman & CEO (Age 70)
- Mr. Jason T. Liberty, Exec. VP & CFO (Age 42)
- Mr. Adam M. Goldstein, Vice Chairman (Age 58)
- Ms. Lisa Lutoff-Perlo, Pres & CEO of Celebrity Cruises (Age 60)
- Mr. Michael W. Bayley, Pres & CEO of Royal Caribbean International (Age 59)
Has Royal Caribbean Cruises been receiving favorable news coverage?
News headlines about RCL stock have been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a media and rumor sentiment score of 0.06 on Accern's scale. They also assigned media coverage about the company an impact score of 44.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Royal Caribbean Cruises.
Who are Royal Caribbean Cruises' major shareholders?
Royal Caribbean Cruises' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.32%), FMR LLC (2.80%), Baillie Gifford & Co. (2.62%), American Century Companies Inc. (0.94%), Bank of New York Mellon Corp (0.75%) and Rockefeller Capital Management L.P. (0.65%). Company insiders that own Royal Caribbean Cruises stock include Adam M Goldstein, Bernt Reitan, Bradley H Stein, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Lawrence R Pimentel, Lisa Lutoff-Perlo, Michael W Bayley, Richard D Fain, Vagn O Sorensen, Wilhelmsen A S A and William K Reilly. View Institutional Ownership Trends for Royal Caribbean Cruises.
Which major investors are selling Royal Caribbean Cruises stock?
RCL stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Bank of Montreal Can, American Century Companies Inc., Massachusetts Financial Services Co. MA, Victory Capital Management Inc., OppenheimerFunds Inc., Canada Pension Plan Investment Board and Morgan Stanley. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Bradley H Stein, Jason T Liberty, Lisa Lutoff-Perlo, Michael W Bayley and Richard D Fain. View Insider Buying and Selling for Royal Caribbean Cruises.
Which major investors are buying Royal Caribbean Cruises stock?
RCL stock was acquired by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., FMR LLC, Hexavest Inc., Carillon Tower Advisers Inc., Point72 Asset Management L.P., BlackRock Inc., Federated Investors Inc. PA and Levin Capital Strategies L.P.. View Insider Buying and Selling for Royal Caribbean Cruises.
How do I buy shares of Royal Caribbean Cruises?
Shares of RCL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Royal Caribbean Cruises' stock price today?
One share of RCL stock can currently be purchased for approximately $115.49.
How big of a company is Royal Caribbean Cruises?
Royal Caribbean Cruises has a market capitalization of $23.75 billion and generates $8.78 billion in revenue each year. The company earns $1.63 billion in net income (profit) each year or $7.53 on an earnings per share basis. Royal Caribbean Cruises employs 66,000 workers across the globe.
How can I contact Royal Caribbean Cruises?
Royal Caribbean Cruises' mailing address is 1050 Caribbean Way, Miami FL, 33132. The company can be reached via phone at 305-539-6000 or via email at [email protected]
MarketBeat Community Rating for Royal Caribbean Cruises (NYSE RCL)
MarketBeat's community ratings are surveys of what our community members think about Royal Caribbean Cruises and other stocks. Vote "Outperform" if you believe RCL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCL will underperform the S&P 500 over the long term. You may vote once every thirty days.
