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
Current SymbolNYSE:RCL
Previous Symbol
CUSIPV7780T10
Phone305-539-6000
Debt
Debt-to-Equity Ratio0.67
Current Ratio0.19
Quick Ratio0.17
Price-To-Earnings
Trailing P/E Ratio14.22
Forward P/E Ratio12.13
P/E Growth0.88
Sales & Book Value
Annual Sales$8.78 billion
Price / Sales2.55
Cash Flow$11.1436 per share
Price / Cash Flow9.61
Book Value$45.50 per share
Price / Book2.35
Profitability
EPS (Most Recent Fiscal Year)$7.53
Net Income$1.63 billion
Net Margins19.46%
Return on Equity16.93%
Return on Assets7.55%
Miscellaneous
Employees65,900
Outstanding Shares209,000,000
Market Cap$22.38 billion
OptionableOptionable
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 Tuesday, December 4th. Stockholders of record on Thursday, December 20th will be paid a dividend of $0.70 per share on Friday, January 4th. This represents a $2.80 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Wednesday, December 19th. View Royal Caribbean Cruises' Dividend History.
How will Royal Caribbean Cruises' stock buyback program work?
Royal Caribbean Cruises declared that its Board of Directors has authorized a share buyback program on Wednesday, May 9th 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.
How were Royal Caribbean Cruises' earnings last quarter?
Royal Caribbean Cruises Ltd (NYSE:RCL) released its quarterly earnings data on Thursday, October, 25th. The company reported $3.98 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.97 by $0.01. The firm earned $2.80 billion during the quarter, compared to analyst estimates of $2.82 billion. Royal Caribbean Cruises had a net margin of 19.46% and a return on equity of 16.93%. 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 updated its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $1.45-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60. Royal Caribbean Cruises also updated its FY 2018 guidance to $8.75-8.85 EPS.
What price target have analysts set for RCL?
16 analysts have issued 1-year target prices for Royal Caribbean Cruises' stock. Their forecasts range from $104.00 to $165.00. On average, they expect Royal Caribbean Cruises' share price to reach $141.6154 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Price Targets for Royal Caribbean Cruises.
What is the consensus analysts' recommendation for Royal Caribbean Cruises?
16 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 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Royal Caribbean Cruises.
Has Royal Caribbean Cruises been receiving favorable news coverage?
Media coverage about RCL stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Royal Caribbean Cruises earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are some of Royal Caribbean Cruises' key competitors?
Some companies that are related to Royal Caribbean Cruises include Carnival (CCL), Carnival (CUK), Brookfield Infrastructure Partners (BIP), Kirby (KEX), Golar LNG (GLNG), GasLog (GLOG), Matson (MATX), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), Tidewater (TDW) 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 Vanguard Group Inc. (8.39%), Vanguard Group Inc (8.39%), BlackRock Inc. (5.09%), Primecap Management Co. CA (4.63%), FMR LLC (2.74%) and Baillie Gifford & Co. (2.24%). 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 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 AQR Capital Management LLC, Baillie Gifford & Co., Man Group plc, Panagora Asset Management Inc., Massachusetts Financial Services Co. MA, BlackRock Inc., Bank of New York Mellon Corp and Morgan Stanley. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Bernt Reitan, 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 acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Royal London Asset Management Ltd., Impala Asset Management LLC, Pictet Asset Management Ltd., PointState Capital LP, TIAA CREF Investment Management LLC, Skandinaviska Enskilda Banken AB publ and Evercore Wealth Management LLC. 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 $107.09.
How big of a company is Royal Caribbean Cruises?
Royal Caribbean Cruises has a market capitalization of $22.38 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.
