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 Ratio15.98
Forward P/E Ratio13.53
P/E Growth0.92
Sales & Book Value
Annual Sales$8.78 billion
Price / Sales2.87
Cash Flow$10.3511 per share
Price / Cash11.65
Book Value$45.50 per share
Price / Book2.65
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
Employees65,900
Outstanding Shares208,970,000
Market Cap$27.15 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 Thursday, September 6th. Investors of record on Friday, September 21st will be paid a dividend of $0.70 per share on Thursday, October 11th. This represents a $2.80 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Thursday, September 20th. This is an increase from Royal Caribbean Cruises's previous quarterly dividend of $0.60. View Royal Caribbean Cruises' Dividend History.
How will Royal Caribbean Cruises' stock buyback program work?
Royal Caribbean Cruises announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 9th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.
How were Royal Caribbean Cruises' earnings last quarter?
Royal Caribbean Cruises Ltd (NYSE:RCL) issued its earnings results on Thursday, August, 2nd. The company reported $2.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.97 by $0.30. The company earned $2.34 billion during the quarter, compared to analysts' expectations of $2.34 billion. Royal Caribbean Cruises had a return on equity of 16.50% and a net margin of 19.31%. The firm's quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.71 EPS. 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 issued an update on 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 brokerages have issued 1 year price objectives for Royal Caribbean Cruises' shares. Their forecasts range from $120.00 to $165.00. On average, they anticipate Royal Caribbean Cruises' share price to reach $142.5385 in the next year. This suggests a possible upside of 18.2% 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 3 hold ratings and 11 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), Golden Ocean Group (GOGL), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), Tidewater (TDW), KNOT Offshore Partners (KNOP) and Hoegh LNG Partners (HMLP).
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)
Who are Royal Caribbean Cruises' major shareholders?
Royal Caribbean Cruises' stock is owned by a number of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.26%), Bank of Montreal Can (0.13%), Scout Investments Inc. (0.12%), Eastern Bank (0.05%), Sumitomo Mitsui Asset Management Company LTD (0.04%) and BB&T Corp (0.03%). 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, 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 Scout Investments Inc., Garnet Equity Capital Holdings Inc., Sumitomo Mitsui Asset Management Company LTD, Bank of Montreal Can, Addenda Capital Inc., Tributary Capital Management LLC, Tributary Capital Management LLC and Spirit of America Management Corp NY. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Bradley H Stein, Harri U Kulovaara, 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 purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Verde Servicos Internacionais S.A., First Hawaiian Bank, Jaffetilchin Investment Partners LLC, CENTRAL TRUST Co, Cookson Peirce & Co. Inc., BB&T Corp and Andra AP fonden. 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 $120.59.
How big of a company is Royal Caribbean Cruises?
Royal Caribbean Cruises has a market capitalization of $27.15 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 65,900 workers across the globe.
What is Royal Caribbean Cruises' official website?
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.
