NYSE:RCL

Royal Caribbean Cruises - RCL Stock Forecast, Price & News

$44.08

+1.69 (+3.99%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $41.62
▼
$44.41
50-Day Range: $31.28
▼
$56.74
52-Week Range: $31.09
▼
$98.27

Volume: 7.43 million shs
Average Volume: 5.26 million shs
Market Capitalization: $11.24 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $67.00

Royal Caribbean Cruises MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 52.0% Upside
$67.00 Price Target
Short Interest: Healthy
7.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.80
Upright™ Environmental Score
News Sentiment: -0.16
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($6.81) to $2.71 Per Share

Overall MarketRank^™

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

2.52 out of 5 stars

Consumer Discretionary Sector

95th out of 292 stocks

Water Transportation Industry

3rd out of 20 stocks

4.3

Analyst's Opinion

Consensus Rating
Royal Caribbean Cruises has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $67.00, Royal Caribbean Cruises has a forecasted upside of 52.0% from its current price of $44.08.
Amount of Analyst Coverage
Royal Caribbean Cruises has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
7.37% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Royal Caribbean Cruises has recently decreased by 5.93%, indicating that investor sentiment is improving significantly.

0.0

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.

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.

2.1

News and Social Media Coverage

News Sentiment
Royal Caribbean Cruises has a news sentiment score of -0.16. 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 lower news sentiment than the 0.51 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Royal Caribbean Cruises this week, compared to 9 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 6 reddit mentions for Royal Caribbean Cruises this week, compared to 2 mentions on an average week.
Search Interest
79 people have searched for RCL on MarketBeat in the last 30 days. This is an increase of 39% compared to the previous 30 days.
MarketBeat Follows
Only 39 people have added Royal Caribbean Cruises to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Royal Caribbean Cruises insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.28% of the stock of Royal Caribbean Cruises is held by insiders.
Percentage Held by Institutions
73.74% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Royal Caribbean Cruises are expected to grow in the coming year, from ($6.81) to $2.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Royal Caribbean Cruises is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Caribbean Cruises is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Royal Caribbean Cruises has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Royal Caribbean Cruises (NYSE:RCL) Stock

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

Wall Street Analysts Forecast Growth

RCL has been the subject of several recent analyst reports. Susquehanna Bancshares cut their price objective on shares of Royal Caribbean Cruises from $70.00 to $50.00 in a research report on Friday, July 29th. StockNews.com raised shares of Royal Caribbean Cruises to a "sell" rating in a research note on Saturday, August 6th. Truist Financial cut their target price on Royal Caribbean Cruises from $70.00 to $65.00 and set a "hold" rating for the company in a research note on Thursday, May 19th. Deutsche Bank Aktiengesellschaft decreased their price target on Royal Caribbean Cruises from $50.00 to $48.00 in a research note on Friday, July 29th. Finally, Wells Fargo & Company dropped their price objective on Royal Caribbean Cruises from $81.00 to $58.00 in a research report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $67.00.

Royal Caribbean Cruises Stock Performance

Shares of RCL Stock opened at $42.39 on Tuesday. The firm has a market capitalization of $10.81 billion, a price-to-earnings ratio of -2.41 and a beta of 2.46. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 5.22. The business's 50-day moving average price is $38.45 and its 200-day moving average price is $61.61. Royal Caribbean Cruises has a 12 month low of $31.09 and a 12 month high of $98.27.

Royal Caribbean Cruises (NYSE:RCL - Get Rating) last posted its earnings results on Thursday, July 28th. The company reported ($2.08) EPS for the quarter, topping the consensus estimate of ($2.23) by $0.15. Royal Caribbean Cruises had a negative net margin of 95.46% and a negative return on equity of 87.89%. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same period last year, the company earned ($5.06) EPS. The firm's revenue was up 4190.1% compared to the same quarter last year. Equities research analysts forecast that Royal Caribbean Cruises will post -6.81 EPS for the current year.

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RCL Stock News Headlines

August 8, 2022 | marketbeat.com

Could Smaller be Better for Investors in Norwegian Cruise Lines? (RCL)

Is it time for investors to take the plunge on Norwegian Cruise Lines stock? The answer may come from the company’s decision to buck the industry trend

August 16, 2022 | msn.com

Norwegian Embraces Something Royal Caribbean and Carnival Don't

August 16, 2022 | finance.yahoo.com

Royal Caribbean Group announces upsizing and pricing of $1,250,000,000 senior unsecured notes to refinance near term debt maturities

August 15, 2022 | finance.yahoo.com

Royal Caribbean Group announces proposed offering of senior unsecured notes to refinance near term debt maturities

August 15, 2022 | finance.yahoo.com

Royal Caribbean offers $1 billion in 2027 debt to help pay down some debt due this year and next

August 13, 2022 | finance.yahoo.com

Where Carnival, Norwegian, Royal Caribbean Sit on Covid Vaccines

August 12, 2022 | seekingalpha.com

Royal Caribbean drops vaccine requirements in multiple locations

August 11, 2022 | msn.com

Royal Caribbean Follows Norwegian in Making Huge Covid Move

August 9, 2022 | americanbankingnews.com

Royal Caribbean Cruises (NYSE:RCL) Raised to "Sell" at StockNews.com

August 8, 2022 | finance.yahoo.com

Royal Caribbean Group announces closing of $1.15 billion senior convertible notes offering and repurchase of $1.15 billion existing senior convertible notes

August 8, 2022 | finance.yahoo.com

Norwegian ends negative COVID test requirement for vaccinated guests, matching fellow cruise operators

August 8, 2022 | finance.yahoo.com

Port Canaveral cruise, cargo business storms back so far in 2022

August 8, 2022 | finance.yahoo.com

Norwegian Makes a Covid Change Royal Caribbean, Carnival Haven't

August 6, 2022 | finance.yahoo.com

Carnival Makes a Key Addition to Its Beverage Menu

August 5, 2022 | finance.yahoo.com

Las Vegas Strip Casinos Have Good News for Royal Caribbean, Carnival

August 4, 2022 | finance.yahoo.com

Royal Caribbean CEO Talks When It Will Fully Drop Covid Testing

August 4, 2022 | finance.yahoo.com

Royal Caribbean CEO Hints When It Will Fully Drop Covid Testing

August 3, 2022 | finance.yahoo.com

Carnival Cruise Lines Fixes a Key Pain Point for Passengers

August 3, 2022 | americanbankingnews.com

Royal Caribbean Cruises (NYSE:RCL) Sees Strong Trading Volume

August 2, 2022 | msn.com

Royal Caribbean Cruise Line Adds Daring New Ship

August 2, 2022 | finance.yahoo.com

Royal Caribbean CEO Sees Big Changes, Shares Good News

August 2, 2022 | americanbankingnews.com

Morgan Stanley Cuts Royal Caribbean Cruises (NYSE:RCL) Price Target to $40.00

August 2, 2022 | americanbankingnews.com

Royal Caribbean Cruises (NYSE:RCL) Given New $58.00 Price Target at Wells Fargo & Company

August 2, 2022 | americanbankingnews.com

Deutsche Bank Aktiengesellschaft Cuts Royal Caribbean Cruises (NYSE:RCL) Price Target to $48.00

August 1, 2022 | seekingalpha.com

Why did Royal Caribbean stock drop today? Raising new funds to pay off debt rattled investors

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RCL Company Calendar

Last Earnings: 7/28/2022
Today: 8/16/2022
Next Earnings (Estimated): 11/04/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Water transportation
Sub-Industry: Hotels Resorts & Cruise Lines
Sector: Consumer Discretionary
Current Symbol: NYSE:RCL
CUSIP: V7780T10
CIK: 884887
Web: www.rclinvestor.com
Phone: (305) 539-6000
Fax: 305-374-7354
Employees: 85,000
Year Founded: 1969

Price Target and Rating

Average Stock Price Forecast: $67.00
High Stock Price Forecast: $118.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +52.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($17.55)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-5,260,500,000.00
Net Margins: -95.46%
Pretax Margin: -95.46%
Return on Equity: -87.89%
Return on Assets: -12.63%

Debt

Debt-to-Equity Ratio: 5.22
Current Ratio: 0.30
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: $1.53 billion
Price / Sales: 7.34
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $19.96 per share
Price / Book: 2.21

Miscellaneous

Outstanding Shares: 255,059,000
Free Float: 231,390,000
Market Cap: $11.24 billion
Optionable: Optionable
Beta: 2.46

Social Links

Key Executives

Mr. Jason T. Liberty (Age 46)
Pres, CEO & Director
Comp: $2.45M
Mr. Harri U. Kulovaara (Age 69)
Exec. VP of Maritime & Newbuilding
Comp: $2.03M
Ms. Lisa Lutoff-Perlo (Age 64)
Pres & CEO of Celebrity Cruises
Comp: $2.04M
Mr. Michael W. Bayley (Age 63)
Pres & CEO of Royal Caribbean International
Comp: $2.53M
Mr. Naftali Holtz (Age 44)
Chief Financial Officer
Mr. Henry L. Pujol (Age 54)
Sr. VP & Chief Accounting Officer
Ms. Martha Cecilia Poulter (Age 55)
Sr. VP & Chief Information Officer
Mr. Michael McCarthy
VP of Investor Relations
Mr. R. Alexander Lake (Age 50)
Sr. VP, Chief Legal Officer & Sec.
Ms. Rosanna M. Fiske
Global Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RCL Stock - Frequently Asked Questions

Should I buy or sell Royal Caribbean Cruises stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCL shares.
View RCL analyst ratings or view top-rated stocks.
What is Royal Caribbean Cruises' stock price forecast for 2022?: 10 Wall Street research analysts have issued 1-year target prices for Royal Caribbean Cruises' stock. Their RCL share price forecasts range from $40.00 to $118.00. On average, they predict the company's stock price to reach $67.00 in the next twelve months. This suggests a possible upside of 52.0% from the stock's current price.
View analysts price targets for RCL or view top-rated stocks among Wall Street analysts.
How have RCL shares performed in 2022?: Royal Caribbean Cruises' stock was trading at $76.90 on January 1st, 2022. Since then, RCL shares have decreased by 42.7% and is now trading at $44.08.
View the best growth stocks for 2022 here.
When is Royal Caribbean Cruises' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our RCL earnings forecast.
How were Royal Caribbean Cruises' earnings last quarter?: Royal Caribbean Cruises Ltd. (NYSE:RCL) announced its quarterly earnings results on Thursday, July, 28th. The company reported ($2.08) EPS for the quarter, topping analysts' consensus estimates of ($2.23) by $0.15. The business had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.10 billion. Royal Caribbean Cruises had a negative net margin of 95.46% and a negative trailing twelve-month return on equity of 87.89%. Royal Caribbean Cruises's revenue was up 4190.1% on a year-over-year basis. During the same period last year, the firm earned ($5.06) earnings per share.
Read the conference call transcript.
What guidance has Royal Caribbean Cruises issued on next quarter's earnings?: Royal Caribbean Cruises updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $0.05-$0.25 for the period, compared to the consensus estimate of $0.91. The company issued revenue guidance of $2.90 billion-$3.00 billion, compared to the consensus revenue estimate of $3.03 billion.
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).

What is Royal Caribbean Cruises' stock symbol?: Royal Caribbean Cruises trades on the New York Stock Exchange (NYSE) under the ticker symbol "RCL."
Who are Royal Caribbean Cruises' major shareholders?: Royal Caribbean Cruises' stock is owned by a number of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (2.05%), Citadel Advisors LLC (0.00%), Northern Trust Corp (0.88%), Parallax Volatility Advisers L.P. (0.00%), Millennium Management LLC (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Arne Alexander Wilhelmsen, Donald Thompson, Henry L Pujol, Jason T Liberty, Lawrence R Pimentel, Lisa Lutoff-Perlo, Michael W Bayley, Naftali Holtz, Richard D Fain and Wilhelmsen A S A.
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.
What is Royal Caribbean Cruises' stock price today?: One share of RCL stock can currently be purchased for approximately $44.08.
How much money does Royal Caribbean Cruises make?: Royal Caribbean Cruises (NYSE:RCL) has a market capitalization of $11.24 billion and generates $1.53 billion in revenue each year. The company earns $-5,260,500,000.00 in net income (profit) each year or ($17.55) on an earnings per share basis.
How many employees does Royal Caribbean Cruises have?: The company employs 85,000 workers across the globe.
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
When was Royal Caribbean Cruises founded?: Royal Caribbean Cruises was founded in 1969.
How can I contact Royal Caribbean Cruises?: 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.

This page (NYSE:RCL) was last updated on 8/16/2022 by MarketBeat.com Staff

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Royal Caribbean Cruises - RCL Stock Forecast, Price & News

Royal Caribbean Cruises MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Royal Caribbean Cruises (NYSE:RCL) Stock

Wall Street Analysts Forecast Growth

Royal Caribbean Cruises Stock Performance

RCL Stock News Headlines

RCL Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

RCL Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™