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

Royal Caribbean Cruises' stock was trading at $44.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RCL stock has decreased by 22.2% and is now trading at $34.50. 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 quarterly earnings data on Tuesday, February, 4th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.41 by $0.01. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.54 billion. Royal Caribbean Cruises had a return on equity of 17.06% and a net margin of 17.16%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.53 EPS. View Royal Caribbean Cruises' earnings history.

Royal Caribbean Cruises declared a quarterly dividend on Thursday, February 20th. Shareholders 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 dividend on an annualized basis and a dividend yield of 9.04%. 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 authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is 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 EPS estimate of $10.49.

15 equities research analysts have issued 1 year price objectives for Royal Caribbean Cruises' shares. 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 year. This suggests a possible upside of 232.0% from the stock's current price. View analysts' price targets for Royal Caribbean Cruises.

News coverage about RCL stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Royal Caribbean Cruises earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few 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 trading volume, of 4,100,000 shares, the short-interest ratio is presently 3.6 days. Approximately 8.6% of the company's stock 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), Marriott Vacations Worldwide (VAC), Norwegian Cruise Line (NCLH), 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), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Boeing (BA), Netflix (NFLX), Home Depot (HD), Exxon Mobil (XOM) and JPMorgan Chase & Co. (JPM).

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

Royal Caribbean Cruises' stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital International Investors (4.09%), State Street Corp (3.63%), FMR LLC (2.27%), Geode Capital Management LLC (1.26%), Norges Bank (0.87%) and Nuveen Asset Management LLC (0.77%). 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 Renaissance Technologies LLC, Barrow Hanley Mewhinney & Strauss LLC, Point72 Asset Management L.P., FMR LLC, Strs Ohio, Calamos Advisors LLC, Nuveen Asset Management LLC, and Prudential Financial Inc.. Company insiders that have sold Royal Caribbean Cruises company stock in the last year include Henry L Pujol, Lawrence R Pimentel, Maritza Gomez Montiel, and Richard D Fain. View insider buying and selling activity for Royal Caribbean Cruises.

RCL stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Norges Bank, Scout Investments Inc., Janus Henderson Group PLC, Captrust Financial Advisors, AQR Capital Management LLC, Capital Bank & Trust Co, and Tremblant Capital Group. 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 activity 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 $34.50.

Royal Caribbean Cruises has a market capitalization of $7.21 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]