Royal Caribbean Cruises - RCL Stock Forecast, Price & News

13 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 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCL shares.
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13 brokers have issued 12 month price objectives for Royal Caribbean Cruises' shares. Their RCL share price forecasts range from $40.00 to $117.00. On average, they anticipate the company's share price to reach $69.69 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
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Royal Caribbean Cruises' stock was trading at $76.90 at the beginning of 2022. Since then, RCL shares have decreased by 22.4% and is now trading at $59.68.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 3rd 2023.
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Royal Caribbean Cruises Ltd. (NYSE:RCL) released its quarterly earnings results on Thursday, October, 28th. The company reported ($4.91) EPS for the quarter, missing analysts' consensus estimates of ($4.10) by $0.81. The firm had revenue of $456.96 million for the quarter, compared to analysts' expectations of $618.88 million. Royal Caribbean Cruises had a negative trailing twelve-month return on equity of 72.62% and a negative net margin of 41.73%. The business's revenue was down 1456.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($5.62) earnings per share.
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Royal Caribbean Cruises updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share (EPS) guidance of -$1.50--$1.30 for the period, compared to the consensus EPS estimate of -$0.67. The company issued revenue guidance of $2.60 billion-$2.60 billion, compared to the consensus revenue estimate of $2.68 billion.

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 Vanguard Group Inc. (9.26%), Primecap Management Co. CA (2.66%), Canada Pension Plan Investment Board (1.84%), Citadel Advisors LLC (0.00%), Parallax Volatility Advisers L.P. (0.00%) and Parallax Volatility Advisers L.P. (0.00%). Insiders that own company stock include Arne Alexander Wilhelmsen, Donald Thompson, Henry L Pujol, Jason T Liberty, Lisa Lutoff-Perlo, Michael W Bayley, Naftali Holtz, Richard D Fain 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 $59.68.

Royal Caribbean Cruises (NYSE:RCL) has a market capitalization of $15.23 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 ($11.83) on an earnings per share basis.

The company employs 85,000 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.