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

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RCL shares.
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15 equities research analysts have issued 1 year target prices for Royal Caribbean Cruises' shares. Their RCL share price forecasts range from $50.00 to $117.00. On average, they expect the company's stock price to reach $85.93 in the next year. This suggests that the stock has a possible downside of 5.3%.
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Royal Caribbean Cruises' stock was trading at $49.43 at the start of the year. Since then, RCL shares have increased by 83.5% and is now trading at $90.71.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
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Royal Caribbean Cruises Ltd. (NYSE:RCL) issued its quarterly earnings results on Thursday, May, 4th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.71) by $0.48. The firm earned $2.89 billion during the quarter, compared to the consensus estimate of $2.82 billion. Royal Caribbean Cruises had a negative net margin of 9.72% and a negative trailing twelve-month return on equity of 25.86%. The business's revenue for the quarter was up 172.4% compared to the same quarter last year. During the same quarter last year, the business earned ($4.57) earnings per share.
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ETFs with the largest weight of Royal Caribbean Cruises (NYSE:RCL) stock in their portfolio include Defiance Hotel, Airline, and Cruise ETF (CRUZ), Pinnacle Focused Opportunities ETF (FCUS), Inverse Cramer Tracker ETF (SJIM), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), WealthTrust DBS Long Term Growth ETF (WLTG), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), First Trust Lunt U.S. Factor Rotation ETF (FCTR) and Pacer Lunt Large Cap Alternator ETF (ALTL).

Royal Caribbean Cruises updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $1.50-$1.60 for the period, compared to the consensus earnings per share estimate of $0.94. The company issued revenue guidance of -.

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.

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).

Royal Caribbean Cruises trades on the New York Stock Exchange (NYSE) under the ticker symbol "RCL."

Royal Caribbean Cruises' stock is owned by a variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (1.77%), Jane Street Group LLC (0.00%), Susquehanna International Group LLP (0.00%), Charles Schwab Investment Management Inc. (0.71%), Dimensional Fund Advisors LP (0.67%) and Bank of New York Mellon Corp (0.60%). Insiders that own company stock include Arne Alexander Wilhelmsen, Henry L Pujol, Jason T Liberty, Lisa Lutoff-Perlo, Michael W Bayley, Naftali Holtz and Wilhelmsen A S A.
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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.
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One share of RCL stock can currently be purchased for approximately $90.71.

Royal Caribbean Cruises (NYSE:RCL) has a market capitalization of $23.20 billion and generates $8.84 billion in revenue each year. The company earns $-2,155,960,000.00 in net income (profit) each year or ($4.07) on an earnings per share basis.

The company employs 102,500 workers across the globe.

Royal Caribbean Cruises' mailing address is 1050 Caribbean Way, Miami FL, 33132. The official website for the company is www.rclinvestor.com. The company can be reached via phone at (305) 539-6000, via email at investorrelations@rccl.com, or via fax at 305-374-7354.