Royal Caribbean Cruises Ltd. (RCL) to Distribute Quarterly Dividend of $1.50 on October 8th

Royal Caribbean Cruises Ltd. (NYSE:RCL) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Thursday, September 17th will be paid a dividend of 1.50 per share on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, September 17th.

Royal Caribbean Cruises has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Royal Caribbean Cruises has a dividend payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Royal Caribbean Cruises to earn $20.12 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 29.8%.

Royal Caribbean Cruises Stock Down 2.0%

RCL opened at $254.99 on Tuesday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises has a 12 month low of $232.10 and a 12 month high of $356.39. The stock has a market capitalization of $68.20 billion, a P/E ratio of 15.76, a P/E/G ratio of 0.93 and a beta of 1.74. The business has a 50 day simple moving average of $291.80 and a 200-day simple moving average of $285.21.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.Royal Caribbean Cruises’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.38 earnings per share. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. On average, equities analysts anticipate that Royal Caribbean Cruises will post 17.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RCL shares. Wells Fargo & Company upped their price target on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Morgan Stanley lifted their price target on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. UBS Group reaffirmed a “buy” rating and set a $367.00 price objective on shares of Royal Caribbean Cruises in a report on Monday, August 3rd. Truist Financial decreased their target price on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Finally, Susquehanna upped their target price on Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $353.40.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.

Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.