Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock Has Consensus Target Price of $356.10 According to Brokerages

Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-three research firms that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $357.80.

A number of brokerages recently commented on RCL. Weiss Ratings downgraded shares of Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. William Blair restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Tuesday, July 28th. Truist Financial lifted their price target on Royal Caribbean Cruises from $297.00 to $298.00 and gave the stock a “hold” rating in a report on Thursday, September 24th. Freedom Capital downgraded Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft raised Royal Caribbean Cruises from a “hold” rating to a “buy” rating and upped their price objective for the stock from $299.00 to $330.00 in a research report on Monday.

View Our Latest Research Report on RCL

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares in the company, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.44% of the stock is owned by company insiders.

Institutional Trading of Royal Caribbean Cruises

Institutional investors have recently modified their holdings of the stock. Capital International Investors raised its stake in Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. BlackRock Inc. acquired a new position in Royal Caribbean Cruises in the second quarter valued at $6,549,422,000. Capital Research Global Investors boosted its stake in Royal Caribbean Cruises by 4.8% in the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after acquiring an additional 920,042 shares in the last quarter. State Street Corp grew its holdings in shares of Royal Caribbean Cruises by 2.6% during the second quarter. State Street Corp now owns 10,689,134 shares of the company’s stock worth $3,409,971,000 after purchasing an additional 270,930 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Royal Caribbean Cruises by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock worth $1,961,758,000 after purchasing an additional 155,491 shares during the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Key Stories Impacting Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

Royal Caribbean Cruises Stock Up 2.2%

Shares of Royal Caribbean Cruises stock opened at $266.32 on Friday. Royal Caribbean Cruises has a 52-week low of $222.22 and a 52-week high of $356.39. The company has a 50 day moving average of $282.25 and a 200 day moving average of $281.31. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $71.23 billion, a P/E ratio of 16.46, a P/E/G ratio of 0.92 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the previous year, the business posted $4.38 EPS. The firm’s revenue was up 6.5% on a year-over-year basis. 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. As a group, research analysts forecast that Royal Caribbean Cruises will post 17.79 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a dividend of $1.50 per share. The ex-dividend date is Thursday, September 17th. This represents a $6.00 annualized dividend and a yield of 2.3%. Royal Caribbean Cruises’s payout ratio is presently 37.08%.

Royal Caribbean Cruises Company Profile

(Get Free Report)

Royal Caribbean Cruises Ltd., now known as Royal Caribbean Group, is a global cruise company that operates vacation experiences through a portfolio of cruise brands. Its principal brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, each serving different segments of the leisure travel market, from family-oriented cruises and large-scale resort-style ships to premium and luxury expedition voyages.

The company offers cruises to destinations around the world, including the Caribbean, Europe, Alaska, Asia, Australia, New Zealand and other international regions.

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Analyst Recommendations for Royal Caribbean Cruises (NYSE:RCL)

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