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

Royal Caribbean Cruises' stock was trading at $44.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RCL stock has decreased by 34.4% and is now trading at $29.10. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 3 sell ratings, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Royal Caribbean Cruises.

Royal Caribbean Cruises is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Royal Caribbean Cruises.

Royal Caribbean Cruises Ltd (NYSE:RCL) issued its earnings results on Tuesday, February, 4th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.41 by $0.01. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.54 billion. Royal Caribbean Cruises had a net margin of 17.16% and a return on equity of 17.06%. Royal Caribbean Cruises's revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.53 earnings per share. View Royal Caribbean Cruises' earnings history.

Royal Caribbean Cruises announced a quarterly dividend on Thursday, February 20th. Investors of record on Friday, March 6th will be given a dividend of $0.78 per share on Monday, April 6th. This represents a $3.12 annualized dividend and a dividend yield of 10.72%. The ex-dividend date of this dividend is Thursday, March 5th. View Royal Caribbean Cruises' dividend history.

Royal Caribbean Cruises declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 9th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Royal Caribbean Cruises issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $10.40-10.70 for the period, compared to the Thomson Reuters consensus estimate of $10.49.

15 Wall Street analysts have issued 12 month price targets for Royal Caribbean Cruises' stock. Their forecasts range from $25.00 to $160.00. On average, they anticipate Royal Caribbean Cruises' share price to reach $114.53 in the next twelve months. This suggests a possible upside of 293.6% from the stock's current price. View analysts' price targets for Royal Caribbean Cruises.

News stories about RCL stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Royal Caribbean Cruises earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutRoyal Caribbean Cruises.

Royal Caribbean Cruises saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 14,568,700 shares, an increase of 150.3% from the February 27th total of 5,820,000 shares. Based on an average daily volume of 4,100,000 shares, the short-interest ratio is presently 3.6 days. Approximately 8.6% of the shares of the company are short sold. View Royal Caribbean Cruises' Current Options Chain.

Some companies that are related to Royal Caribbean Cruises include Marriott International (MAR), Carnival (CCL), Hyatt Hotels (H), Choice Hotels International (CHH), Norwegian Cruise Line (NCLH), 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 Walt Disney (DIS), Carnival (CCL), Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Boeing (BA), Netflix (NFLX), Tesla (TSLA), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

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

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 $29.10.

Royal Caribbean Cruises has a market capitalization of $6.08 billion and generates $10.95 billion in revenue each year. The company earns $1.88 billion in net income (profit) each year or $9.54 on an earnings per share basis. Royal Caribbean Cruises employs 85,400 workers across the globe. View additional information about Royal Caribbean Cruises.

The official website for Royal Caribbean Cruises is http://www.rclinvestor.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]