Royal Caribbean Cruises Company Profile (NYSE:RCL)

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

Royal Caribbean Cruises declared a quarterly dividend on Wednesday, September 6th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.60 per share on Wednesday, October 11th. This represents a $2.40 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, September 21st. This is an increase from Royal Caribbean Cruises's previous quarterly dividend of $0.48. View Royal Caribbean Cruises' Dividend History.

Royal Caribbean Cruises declared that its Board of Directors has approved a stock buyback program on Sunday, June 4th 2017, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its shares are undervalued.

Royal Caribbean Cruises Ltd. (NYSE:RCL) announced its earnings results on Tuesday, August, 1st. The company reported $1.71 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.67 by $0.04. The company had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.19 billion. Royal Caribbean Cruises had a net margin of 17.73% and a return on equity of 16.71%. The company's revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $1.09 EPS. View Royal Caribbean Cruises' Earnings History.

Royal Caribbean Cruises is scheduled to release their next quarterly earnings announcement on Friday, October, 27th 2017. View Earnings Estimates for Royal Caribbean Cruises.

Royal Caribbean Cruises updated its third quarter earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of approx $3.45 for the period, compared to the Thomson Reuters consensus estimate of $3.30.

16 brokerages have issued 1 year price objectives for Royal Caribbean Cruises' shares. Their predictions range from $99.00 to $149.00. On average, they expect Royal Caribbean Cruises' stock price to reach $124.03 in the next year. View Analyst Ratings for Royal Caribbean Cruises.

Some companies that are related to Royal Caribbean Cruises include Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Carnival Corporation (CUK), Carnival Corporation (CCL), Sony Corp Ord (SNE), Nintendo (NTDOY), Nintendo Co., Ltd (NTDOY), Activision Blizzard (ATVI), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY), Electronic Arts (EA), Panasonic (PCRFY), Liberty Global PLC (LBTYA), Liberty Global PLC (LBTYK), V.F. Corporation (VFC), Rogers Communication (RCI) and Sirius XM Holdings (SIRI).

Royal Caribbean Cruises' management team includes the folowing people:

• Richard D. Fain, Chairman of the Board, Chief Executive Officer
• Adam M. Goldstein, President, Chief Operating Officer
• Jason T. Liberty, Chief Financial Officer
• Michael W. Bayley, President and Chief Executive Officer of Royal Caribbean International
• Lisa Lutoff-Perlo, President and Chief Executive Officer of Celebrity Cruises
• Lawrence Pimentel, President and Chief Executive Officer - Azamara Club Cruises
• Jorge Andres Vilches, President and Chief Executive Officer - Pullmantur
• Harri U. Kulovaara, Executive Vice President - Maritime
• Henry L. Pujol, Senior Vice President, Chief Accounting Officer
• Bradley H. Stein, Senior Vice President, Chief Compliance Officer, General Counsel

Royal Caribbean Cruises' stock is owned by a number of of institutional and retail investors. Top institutional investors include Rockefeller Financial Services Inc. (0.55%), APG Asset Management N.V. (0.37%), Nationwide Fund Advisors (0.18%), PGGM Investments (0.13%), Strs Ohio (0.12%) and Robeco Institutional Asset Management B.V. (0.05%). Company insiders that own Royal Caribbean Cruises stock include Adam M Goldstein, Bernt Reitan, Bradley H Stein, Eyal Ofer, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Jorge Vilches, 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.

Royal Caribbean Cruises' stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, Strs Ohio, BB&T Corp, Exane Derivatives, Handelsinvest Investeringsforvaltning, State Treasurer State of Michigan, Advisors Capital Management LLC and Tributary Capital Management LLC. Company insiders that have sold Royal Caribbean Cruises stock in the last year 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, Wilhelmsen A S A and William K Reilly. View Insider Buying and Selling for Royal Caribbean Cruises.

Royal Caribbean Cruises' stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., PGGM Investments, Rockefeller Financial Services Inc., Nationwide Fund Advisors, Robeco Institutional Asset Management B.V., Guild Investment Management Inc., Meeder Asset Management Inc. and Barometer Capital Management Inc.. Company insiders that have bought Royal Caribbean Cruises stock in the last two years include Richard D Fain and Vagn O Sorensen. View Insider Buying and Selling for Royal Caribbean Cruises.

Shares of Royal Caribbean Cruises can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Royal Caribbean Cruises stock can currently be purchased for approximately $121.74.