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. Stockholders of record on Monday, June 4th will be paid a dividend of $0.60 per share on Tuesday, July 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, June 1st. View Royal Caribbean Cruises' Dividend History.

Royal Caribbean Cruises announced that its Board of Directors has authorized a stock buyback program on Wednesday, May 9th 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its shares are undervalued.

Royal Caribbean Cruises Ltd (NYSE:RCL) posted its quarterly earnings results on Thursday, April, 26th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.97 by $0.12. The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.04 billion. Royal Caribbean Cruises had a return on equity of 15.85% and a net margin of 18.52%. The business's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, June, 14th. The company provided EPS guidance of $8.70-8.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.84.

16 brokers have issued twelve-month price objectives for Royal Caribbean Cruises' shares. Their forecasts range from $110.00 to $155.00. On average, they anticipate Royal Caribbean Cruises' share price to reach $136.3125 in the next year. View Analyst Ratings for Royal Caribbean Cruises.

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

News stories about RCL stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a news impact score of 0.12 on Accern's scale. They also gave news stories about the company an impact score of 44.44 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Royal Caribbean Cruises' stock is owned by many different of institutional and retail investors. Top institutional investors 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 $110.22.

Royal Caribbean Cruises has a market capitalization of $23.78 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]