NYSE:RCL - Royal Caribbean Cruises Stock Price, Price Target & More

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

Royal Caribbean Cruises declared a quarterly dividend on Wednesday, May 9th. Shareholders of record on Monday, June 4th will be given a dividend of $0.60 per share on Tuesday, July 3rd. This represents a $2.40 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, June 1st. View Royal Caribbean Cruises' Dividend History.

Royal Caribbean Cruises announced that its board has authorized a share repurchase program on Wednesday, May 9th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding 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 usually a sign that the company's board of directors believes its shares are undervalued.

Royal Caribbean Cruises Ltd (NYSE:RCL) announced its earnings results on Thursday, April, 26th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.97 by $0.12. The company earned $2.03 billion during the quarter, compared to analysts' expectations of $2.04 billion. Royal Caribbean Cruises had a return on equity of 15.85% and a net margin of 18.52%. Royal Caribbean Cruises's revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.99 earnings per share. View Royal Caribbean Cruises' Earnings History.

Royal Caribbean Cruises is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Royal Caribbean Cruises.

Royal Caribbean Cruises updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $8.70-8.90 for the period, compared to the Thomson Reuters consensus estimate of $8.79.

14 brokers have issued twelve-month target prices for Royal Caribbean Cruises' shares. Their forecasts range from $115.00 to $155.00. On average, they expect Royal Caribbean Cruises' stock price to reach $137.4286 in the next twelve months. View Analyst Ratings for Royal Caribbean Cruises.

Some companies that are related to Royal Caribbean Cruises include Carnival Cruise Line (CCL), Carnival (CUK), Brookfield Infrastructure Partners (BIP), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Golar LNG Partners (GMLP), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).

Media headlines about RCL stock have been trending somewhat positive this week, Accern reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a news sentiment score of 0.11 on Accern's scale. They also assigned news articles about the company an impact score of 45.04 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Royal Caribbean Cruises' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.14%), Baillie Gifford & Co. (3.29%), Dimensional Fund Advisors LP (1.15%), American Century Companies Inc. (1.14%), Barrow Hanley Mewhinney & Strauss LLC (1.12%) and Northern Trust Corp (0.92%). 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, Vagn O Sorensen, Wilhelmsen A S A and William K Reilly. View Institutional Ownership Trends for Royal Caribbean Cruises.

RCL stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Carillon Tower Advisers Inc., Scout Investments Inc., NorthCoast Asset Management LLC, Massachusetts Financial Services Co. MA, Columbus Circle Investors, BlackRock Inc. and Swiss National Bank. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Adam M Goldstein, Bernt Reitan, Bradley H Stein, Harri U Kulovaara, Jason T Liberty, Lawrence R Pimentel, Lisa Lutoff-Perlo, Michael W Bayley and Richard D Fain. View Insider Buying and Selling for Royal Caribbean Cruises.

RCL stock was acquired by a variety of institutional investors in the last quarter, including Rockefeller Capital Management L.P., Summit Trail Advisors LLC, Wells Fargo & Company MN, State Treasurer State of Michigan, Barrow Hanley Mewhinney & Strauss LLC, Millennium Management LLC, State of Wisconsin Investment Board and Roystone Capital Management LP. Company insiders that have bought Royal Caribbean Cruises stock in the last two years include Richard D Fain and Vagn O Sorensen. 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, Scottrade, Fidelity and Charles Schwab.

One share of RCL stock can currently be purchased for approximately $109.80.

Royal Caribbean Cruises has a market capitalization of $22.52 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 66,000 workers across the globe.

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]