Zacks Research Has Optimistic Outlook of RCL Q3 Earnings

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Investment analysts at Zacks Research raised their Q3 2027 EPS estimates for Royal Caribbean Cruises in a report issued on Friday, June 19th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $5.50 for the quarter, up from their prior estimate of $5.49. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $17.27 per share. Zacks Research also issued estimates for Royal Caribbean Cruises’ Q4 2027 earnings at $4.26 EPS and Q1 2028 earnings at $5.20 EPS.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.Royal Caribbean Cruises’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.71 earnings per share. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS.

Other equities analysts also recently issued research reports about the company. Loop Capital began coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They set a “hold” rating and a $304.00 price target on the stock. Wells Fargo & Company upped their price objective on shares of Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Mizuho set a $380.00 target price on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $410.00 price target on shares of Royal Caribbean Cruises in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $345.58.

Royal Caribbean Cruises Trading Down 0.9%

Shares of NYSE RCL opened at $309.55 on Tuesday. Royal Caribbean Cruises has a twelve month low of $232.10 and a twelve month high of $366.50. The firm has a market cap of $83.02 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.10 and a beta of 1.77. The business has a fifty day simple moving average of $276.37 and a two-hundred day simple moving average of $286.14. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96.

Royal Caribbean Cruises Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 36.61%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Royal Caribbean Cruises by 12.2% during the fourth quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock worth $303,000 after purchasing an additional 143 shares in the last quarter. Woodline Partners LP grew its stake in Royal Caribbean Cruises by 40.8% during the 1st quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock worth $4,297,000 after buying an additional 6,063 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Royal Caribbean Cruises during the 2nd quarter valued at about $1,762,000. Baird Financial Group Inc. increased its position in Royal Caribbean Cruises by 5.4% during the 2nd quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock valued at $1,494,000 after buying an additional 243 shares in the last quarter. Finally, Brown Advisory Inc. purchased a new stake in Royal Caribbean Cruises in the second quarter valued at about $357,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.