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Royal Caribbean Cruises (RCL) Stock Price, News & Analysis

$154.57
+0.02 (+0.01%)
(As of 06/7/2024 ET)
Today's Range
$153.63
$155.89
50-Day Range
$126.63
$156.33
52-Week Range
$78.35
$156.93
Volume
996,756 shs
Average Volume
2.08 million shs
Market Capitalization
$39.78 billion
P/E Ratio
19.92
Dividend Yield
N/A
Price Target
$151.81

Royal Caribbean Cruises MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
1.8% Downside
$151.81 Price Target
Short Interest
Bearish
6.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.80
Upright™ Environmental Score
News Sentiment
1.16mentions of Royal Caribbean Cruises in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$19.04 M Sold Last Quarter
Proj. Earnings Growth
15.16%
From $11.08 to $12.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Consumer Discretionary Sector

45th out of 259 stocks

Water Transportation Industry

4th out of 15 stocks

RCL stock logo

About Royal Caribbean Cruises Stock (NYSE:RCL)

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

RCL Stock Price History

RCL Stock News Headlines

Norwegian Cruise Line Sets Sail on Record Bookings Raised EPS (RCL)
Norwegian Cruise Line stock is ready to set sail after raising its full-year 2024 EPS guidance for the second time in May 2024 ahead of its Investor Day
Royal Caribbean Cruises (NYSE:RCL) PT Raised to $172.00
Smart Money Is Betting Big In RCL Options
Why Is Norwegian Cruise Line Stock Shooting Higher Today?
3 Cruise Stocks to Buy Now: May 2024
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
6/08/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Hotels Resorts & Cruise Lines
CUSIP
V7780T10
Employees
98,200
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$151.81
High Stock Price Target
$175.00
Low Stock Price Target
$103.00
Potential Upside/Downside
-1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
15 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
14.35%

Debt

Sales & Book Value

Annual Sales
$14.74 billion
Cash Flow
$13.23 per share
Book Value
$19.12 per share

Miscellaneous

Free Float
236,890,000
Market Cap
$39.78 billion
Optionable
Optionable
Beta
2.56

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Should I Buy Royal Caribbean Cruises Stock? RCL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Royal Caribbean Cruises Ltd.:

  • Strong Financial Performance: Royal Caribbean Cruises Ltd. has shown consistent growth in revenue and profitability, indicating a stable financial position.
  • Positive Industry Outlook: The cruise industry is expected to rebound post-pandemic, providing growth opportunities for companies like Royal Caribbean.
  • Global Presence: With operations worldwide, Royal Caribbean has a diversified revenue stream that can withstand regional economic fluctuations.
  • Innovative Offerings: Constant innovation in cruise experiences can attract new customers and retain existing ones, enhancing long-term profitability.
  • Competitive Dividend Yield: Royal Caribbean offers a competitive dividend yield, providing investors with a steady income stream alongside potential capital appreciation.

Cons

Investors should be bearish about investing in Royal Caribbean Cruises Ltd. for these reasons:

  • Dependence on Economic Conditions: The company's performance is closely tied to economic conditions, making it vulnerable during economic downturns.
  • Regulatory Risks: The cruise industry faces stringent regulations that can impact operations and increase compliance costs.
  • Volatility in Demand: Demand for cruises can be volatile, especially during global crises or health concerns, affecting revenue and profitability.
  • High Debt Levels: Royal Caribbean carries significant debt, which can pose risks during periods of financial instability or rising interest rates.
  • Stock Price Volatility: The stock price of Royal Caribbean can be subject to significant fluctuations, leading to potential short-term losses for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these Royal Caribbean Cruises pros and cons to contact@marketbeat.com.

RCL Stock Analysis - Frequently Asked Questions

Should I buy or sell Royal Caribbean Cruises stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RCL shares.
View RCL analyst ratings
or view top-rated stocks.

What is Royal Caribbean Cruises' stock price target for 2024?

15 Wall Street analysts have issued 12 month price targets for Royal Caribbean Cruises' stock. Their RCL share price targets range from $103.00 to $175.00. On average, they predict the company's stock price to reach $151.81 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
View analysts price targets for RCL
or view top-rated stocks among Wall Street analysts.

How have RCL shares performed in 2024?

Royal Caribbean Cruises' stock was trading at $129.49 on January 1st, 2024. Since then, RCL shares have increased by 19.4% and is now trading at $154.57.
View the best growth stocks for 2024 here
.

When is Royal Caribbean Cruises' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our RCL earnings forecast
.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) issued its quarterly earnings data on Thursday, April, 25th. The company reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.44. The firm had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.69 billion. Royal Caribbean Cruises had a net margin of 14.28% and a trailing twelve-month return on equity of 51.54%. Royal Caribbean Cruises's quarterly revenue was up 29.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.23) earnings per share.
Read the conference call transcript
.

Is Royal Caribbean Cruises a good dividend stock?

Royal Caribbean Cruises (NYSE:RCL) pays an annual dividend of $3.12 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 40.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RCL will have a dividend payout ratio of 24.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCL.

What guidance has Royal Caribbean Cruises issued on next quarter's earnings?

Royal Caribbean Cruises issued an update on its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 2.650-2.750 for the period, compared to the consensus estimate of 2.370. The company issued revenue guidance of -.

What is Richard D. Fain's approval rating as Royal Caribbean Cruises' CEO?

545 employees have rated Royal Caribbean Cruises Chief Executive Officer Richard D. Fain on Glassdoor.com. Richard D. Fain has an approval rating of 95% among the company's employees. This puts Richard D. Fain in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Royal Caribbean Cruises own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Caribbean Cruises investors own include Carnival Co. & (CCL), Walt Disney (DIS), NVIDIA (NVDA), Delta Air Lines (DAL), Tesla (TSLA), Alibaba Group (BABA), Boeing (BA), American Airlines Group (AAL) and Netflix (NFLX).

Who are Royal Caribbean Cruises' major shareholders?

Royal Caribbean Cruises' stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital International Investors (11.50%), Capital Research Global Investors (11.39%), Vanguard Group Inc. (9.87%), Whitebox Advisors LLC (0.00%), Bank of New York Mellon Corp (0.57%) and Ariel Investments LLC (0.48%). Insiders that own company stock include Arne Alexander Wilhelmsen, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Laura H Bethge, Lisa Lutoff-Perlo, Maritza Gomez Montiel, Michael W Bayley and Naftali Holtz.
View institutional ownership trends
.

How do I buy shares of Royal Caribbean Cruises?

Shares of RCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Royal Caribbean Cruises have any subsidiaries?
The following companies are subsidiares of Royal Caribbean Cruises: Celebrity Cruises Inc., RCL Cruises Ltd., and Silversea Cruises Ltd.
Read More
This page (NYSE:RCL) was last updated on 6/9/2024 by MarketBeat.com Staff

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