NYSE:RCL - Royal Caribbean Cruises Stock Price, Forecast & News

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

Royal Caribbean Cruises declared a quarterly dividend on Monday, December 9th. Investors of record on Friday, December 20th will be paid a dividend of $0.78 per share on Monday, January 6th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date is Thursday, December 19th. This is a boost from Royal Caribbean Cruises's previous quarterly dividend of $0.70. View Royal Caribbean Cruises' Dividend History.

Royal Caribbean Cruises declared that its Board of Directors has approved a share buyback program on Wednesday, May 9th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 4.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Royal Caribbean Cruises Ltd (NYSE:RCL) posted its quarterly earnings results on Wednesday, October, 30th. The company reported $4.27 EPS for the quarter, missing the Zacks' consensus estimate of $4.31 by $0.04. The business had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.22 billion. Royal Caribbean Cruises had a return on equity of 17.67% and a net margin of 17.85%. The company's revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.98 EPS. View Royal Caribbean Cruises' Earnings History.

Royal Caribbean Cruises is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Royal Caribbean Cruises.

Royal Caribbean Cruises issued an update on its fourth quarter earnings guidance on Wednesday, October, 30th. The company provided EPS guidance of approx $1.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.47.

10 brokers have issued 1-year target prices for Royal Caribbean Cruises' shares. Their forecasts range from $127.00 to $160.00. On average, they anticipate Royal Caribbean Cruises' stock price to reach $147.30 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Royal Caribbean Cruises.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Royal Caribbean Cruises.

Media stories about RCL stock have been trending neutral recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Royal Caribbean Cruises earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Royal Caribbean Cruises.

Royal Caribbean Cruises saw a decline in short interest in December. As of December 31st, there was short interest totalling 4,340,000 shares, a decline of 10.3% from the December 15th total of 4,840,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.5% of the shares of the stock are sold short. View Royal Caribbean Cruises' Current Options Chain.

Some companies that are related to Royal Caribbean Cruises include Marriott International (MAR), Carnival (CCL), Norwegian Cruise Line (NCLH), Hyatt Hotels (H), Choice Hotels International (CHH), Marriott Vacations Worldwide (VAC), Marcus (MCS) and Red Lion Hotels (RLH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Caribbean Cruises investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), CVS Health (CVS), Netflix (NFLX), Exxon Mobil (XOM), Micron Technology (MU), Home Depot (HD), Carnival (CCL) and Starbucks (SBUX).

Royal Caribbean Cruises' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.34%), Calamos Advisors LLC (0.17%), Grassi Investment Management (0.04%), Rothschild Investment Corp IL (0.04%), Janney Capital Management LLC (0.03%) and Abner Herrman & Brock LLC (0.03%). Company insiders that own Royal Caribbean Cruises stock include Bernt Reitan, Bradley H Stein, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Lawrence R Pimentel, Lisa Lutoff-Perlo, Maritza Gomez Montiel, Michael W Bayley, Richard D Fain, Stephen R Jr Howe and Wilhelmsen A S A. View Institutional Ownership Trends for Royal Caribbean Cruises.

RCL stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Janney Capital Management LLC, Cozad Asset Management Inc., Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Abner Herrman & Brock LLC, State of Alaska Department of Revenue and Barnett & Company Inc.. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Bradley H Stein, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Lawrence R Pimentel, Lisa Lutoff-Perlo, Maritza Gomez Montiel, Michael W Bayley, Richard D Fain and Wilhelmsen A S A. View Insider Buying and Selling for Royal Caribbean Cruises.

RCL stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Beech Hill Advisors Inc., Pennsylvania Trust Co, Coronation Fund Managers Ltd., Red Spruce Capital LLC, Advisors Capital Management LLC, Assenagon Asset Management S.A. and Norman Fields Gottscho Capital Management LLC. Company insiders that have bought Royal Caribbean Cruises stock in the last two years include Richard D Fain and Stephen R Jr Howe. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of RCL stock can currently be purchased for approximately $129.59.

Royal Caribbean Cruises has a market capitalization of $27.16 billion and generates $9.49 billion in revenue each year. The company earns $1.81 billion in net income (profit) each year or $8.86 on an earnings per share basis. Royal Caribbean Cruises employs 77,100 workers across the globe.View Additional Information About Royal Caribbean Cruises.

The official website for Royal Caribbean Cruises is http://www.rclcorporate.com/.

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]