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

$138.67
-1.05 (-0.75%)
(As of 10:57 AM ET)
Today's Range
$138.25
$140.28
50-Day Range
$114.90
$136.86
52-Week Range
$59.37
$141.62
Volume
427,220 shs
Average Volume
2.65 million shs
Market Capitalization
$35.59 billion
P/E Ratio
22.29
Dividend Yield
N/A
Price Target
$134.56

Royal Caribbean Cruises MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
Upside/​Downside
3.7% Downside
$134.56 Price Target
Short Interest
Bearish
6.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.80
Upright™ Environmental Score
News Sentiment
0.40mentions of Royal Caribbean Cruises in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.36 M Sold Last Quarter
Proj. Earnings Growth
16.37%
From $10.08 to $11.73 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.

4.34 out of 5 stars

Consumer Discretionary Sector

47th out of 274 stocks

Water Transportation Industry

3rd out of 19 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

This Sector Ready to Outshine Key Rival, Says New Report
That's despite a one-month outperformance of the Consumer Staples Select Sector SPDR Fund NYSEARCA: XLP relative to the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY.
This Sector Ready to Outshine Key Rival, Says New Report (RCL)
Consumer discretionary stocks are likely to outpace consumer staples, says Bank of America. Consumers' resilience and greater automation are driving growth.
Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Royal Caribbean suspends sailings to Haiti
RCL May 2024 125.000 put
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
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
$134.56
High Stock Price Target
$174.00
Low Stock Price Target
$71.00
Potential Upside/Downside
-3.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
15 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
12.26%

Debt

Sales & Book Value

Annual Sales
$13.90 billion
Cash Flow
$13.51 per share
Book Value
$19.12 per share

Miscellaneous

Free Float
234,348,000
Market Cap
$35.86 billion
Optionable
Optionable
Beta
2.51

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Royal Caribbean Cruises was last updated on Monday, March 25, 2024 at 11:55 PM.

Pros

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

  • Royal Caribbean Cruises Ltd. operates worldwide under well-known brands like Royal Caribbean International and Celebrity Cruises, providing a diversified range of itineraries that appeal to a broad customer base.
  • The company has a strong presence in the water transportation industry, which has shown resilience and growth potential, especially with the increasing demand for travel and leisure activities.
  • With 65 ships in operation as of February 21, 2024, Royal Caribbean Cruises Ltd. has a significant fleet size that allows for scalability and flexibility in meeting market demands.
  • Recent positive developments in the cruise industry, such as the gradual resumption of operations post-pandemic restrictions, indicate a potential uptrend in the company's financial performance.
  • Considering the current stock price of Royal Caribbean Cruises Ltd. on the NYSE, investors may find an opportunity for value investing or capital appreciation based on market trends and analyst recommendations.

Cons

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

  • The cruise industry is susceptible to external factors like economic downturns, geopolitical events, and health crises, which can significantly impact the company's operations and financial performance.
  • Regulatory challenges and environmental concerns related to cruise operations may lead to increased compliance costs and operational restrictions, affecting the company's profitability.
  • Fluctuations in fuel prices and currency exchange rates can pose risks to Royal Caribbean Cruises Ltd.'s cost structure and financial stability, impacting its bottom line.
  • Competitive pressures within the cruise industry from other major players and alternative vacation options could limit the company's market share growth and pricing power.
  • Uncertainties surrounding future travel trends, consumer preferences, and global events may introduce volatility and unpredictability in Royal Caribbean Cruises Ltd.'s revenue streams and business outlook.

RCL Stock Analysis - Frequently Asked Questions

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

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1-year target prices for Royal Caribbean Cruises' stock. Their RCL share price targets range from $71.00 to $174.00. On average, they predict the company's share price to reach $134.56 in the next year. This suggests that the stock has a possible downside of 3.7%.
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 at the beginning of the year. Since then, RCL stock has increased by 7.9% and is now trading at $139.72.
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, May 2nd 2024.
View our RCL earnings forecast
.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) released its earnings results on Thursday, February, 1st. The company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.12. The business had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.36 billion. Royal Caribbean Cruises had a net margin of 12.22% and a trailing twelve-month return on equity of 45.55%. The business's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.12) earnings per share.
Read the conference call transcript
.

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

Royal Caribbean Cruises issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $9.90-10.10 for the period, compared to the consensus earnings per share estimate of $9.73.

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 a variety of institutional and retail investors. Top institutional investors include Capital Research Global Investors (11.62%), Capital International Investors (11.44%), Vanguard Group Inc. (9.86%), Vanguard Group Inc. (9.85%), Primecap Management Co. CA (2.34%) and Citadel Advisors LLC (0.00%). 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 3/28/2024 by MarketBeat.com Staff

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