Royal Caribbean Cruises (NYSE:RCL) will post its quarterly earnings results before the market opens on Wednesday, January 24th. Analysts expect Royal Caribbean Cruises to post earnings of $1.20 per share for the quarter. Royal Caribbean Cruises has set its Q4 guidance at $1.15-1.20 EPS.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.06. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.57 billion. Royal Caribbean Cruises had a return on equity of 16.64% and a net margin of 18.41%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.20 earnings per share. On average, analysts expect Royal Caribbean Cruises to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of Royal Caribbean Cruises (NYSE:RCL) opened at $128.97 on Monday. The company has a market capitalization of $27,610.00, a PE ratio of 17.22, a PEG ratio of 0.67 and a beta of 1.06. Royal Caribbean Cruises has a twelve month low of $84.50 and a twelve month high of $133.75. The company has a quick ratio of 0.13, a current ratio of 0.16 and a debt-to-equity ratio of 0.58.

The company also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, December 21st were issued a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.86%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 32.04%.

In other Royal Caribbean Cruises news, CEO Richard D. Fain sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $123.00, for a total value of $2,460,000.00. Following the sale, the chief executive officer now owns 847,741 shares in the company, valued at $104,272,143. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 60,000 shares of company stock worth $7,497,200 in the last 90 days. Corporate insiders own 15.30% of the company’s stock.

A number of analysts have recently commented on the company. Zacks Investment Research lowered Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a report on Thursday. SunTrust Banks boosted their price target on Royal Caribbean Cruises to $149.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Berenberg Bank upgraded Royal Caribbean Cruises from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. ValuEngine lowered Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Macquarie lowered Royal Caribbean Cruises from an “outperform” rating to a “neutral” rating and set a $120.00 target price on the stock. in a report on Thursday, November 30th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Royal Caribbean Cruises currently has an average rating of “Buy” and an average target price of $128.54.

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Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

Earnings History for Royal Caribbean Cruises (NYSE:RCL)

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