Royal Caribbean Cruises - RCL Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RCL shares.
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13 Wall Street research analysts have issued 12-month target prices for Royal Caribbean Cruises' shares. Their RCL share price forecasts range from $47.00 to $117.00. On average, they expect the company's share price to reach $76.23 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price.
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Royal Caribbean Cruises' stock was trading at $49.43 at the beginning of the year. Since then, RCL stock has increased by 22.9% and is now trading at $60.75.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our RCL earnings forecast.

Royal Caribbean Cruises Ltd. (NYSE:RCL) posted its earnings results on Tuesday, February, 7th. The company reported ($1.12) EPS for the quarter, beating the consensus estimate of ($1.37) by $0.25. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.61 billion. Royal Caribbean Cruises had a negative trailing twelve-month return on equity of 56.86% and a negative net margin of 24.39%. The company's revenue was up 165.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($4.78) 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), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Innovator IBD 50 ETF (FFTY), WealthTrust DBS Long Term Growth ETF (WLTG), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), First Trust Lunt U.S. Factor Rotation ETF (FCTR), Invesco S&P 500 High Beta ETF (SPHB) and Innovator Gradient Tactical Rotation Strategy ETF (IGTR).

Royal Caribbean Cruises issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of -$0.85--$0.65 for the period, compared to the consensus EPS estimate of -$0.77. 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), Norwegian Cruise Line (NCLH), 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 (1.73%), Parallax Volatility Advisers L.P. (0.00%), Jane Street Group LLC (0.00%), Susquehanna International Group LLP (0.00%), Ariel Investments LLC (1.09%) and Norges Bank (0.80%). 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 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 $60.75.

Royal Caribbean Cruises (NYSE:RCL) has a market capitalization of $15.51 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 ($8.46) 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.