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

$136.67
+4.68 (+3.55%)
(As of 05:27 PM ET)
Today's Range
$132.41
$137.55
50-Day Range
$114.90
$140.56
52-Week Range
$59.37
$141.70
Volume
2.65 million shs
Average Volume
2.75 million shs
Market Capitalization
$35.08 billion
P/E Ratio
21.97
Dividend Yield
N/A
Price Target
$136.94

Royal Caribbean Cruises MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
0.2% Upside
$136.94 Price Target
Short Interest
Bearish
6.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.80
Upright™ Environmental Score
News Sentiment
0.79mentions of Royal Caribbean Cruises in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$1.36 M Sold Last Quarter
Proj. Earnings Growth
17.28%
From $10.01 to $11.74 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.

4.48 out of 5 stars

Consumer Discretionary Sector

35th out of 267 stocks

Water Transportation Industry

4th out of 16 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

Is Norwegian Cruise Lines Ready to Catch Up to Royal Caribbean?
The cruise industry was at the epicenter of the consumer discretionary sector which was rocked hard during the pandemic. Major COVID-19 outbreak headlines caused monumental damage to shares.
Is Norwegian Cruise Lines Ready to Catch Up to Royal Caribbean? (RCL)
After lagging behind rivals in the post-pandemic turnaround, Norwegian Cruise Lines appears to have a tailwind that could propel NCL stock to the top spot
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Carnival Co. & plc (NYSE: CCL) is the largest cruise line operator and leisure travel company in the world, with an estimated 47% market share.
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Royal Caribbean Cruises (NYSE:RCL) Now Covered by Mizuho
Royal Caribbean Cruises (RCL) to Release Earnings on Thursday
Royal Caribbean Cruises Has Upside To Estimates, Says Bullish Analyst
Wyndham Hotels (WH) Enhances Business Travel Solutions
RCL vs. ATAT: Which Stock Is the Better Value Option?
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/25/2024
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
$136.94
High Stock Price Target
$174.00
Low Stock Price Target
$71.00
Potential Upside/Downside
+0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
16 Analysts

Profitability

Net Income
$1.70 billion
Pretax Margin
12.26%

Debt

Sales & Book Value

Annual Sales
$13.90 billion
Cash Flow
$13.96 per share
Book Value
$19.12 per share

Miscellaneous

Free Float
234,348,000
Market Cap
$34.98 billion
Optionable
Optionable
Beta
2.52

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

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 portfolio of cruise offerings.
  • The company has a strong presence in the water transportation industry, offering stability and growth potential in a sector that caters to leisure and travel.
  • With 65 ships in operation as of February 21, 2024, Royal Caribbean Cruises Ltd. has a significant fleet size, indicating a robust operational scale and revenue-generating capacity.
  • Recent developments in the cruise industry, such as the resumption of operations post-pandemic restrictions, could positively impact Royal Caribbean Cruises Ltd.'s financial performance and stock price.
  • Investors may find the current stock price of Royal Caribbean Cruises Ltd. attractive, considering potential future growth and recovery in the travel and tourism sector.

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 public health crises, which could impact the company's financial performance and stock value.
  • Regulatory changes and environmental concerns related to cruise operations may pose challenges for Royal Caribbean Cruises Ltd., leading to increased compliance costs and operational restrictions.
  • Consumer preferences and travel trends could shift, affecting demand for cruise vacations and potentially impacting the company's revenue streams and profitability.
  • High levels of competition within the cruise industry may limit Royal Caribbean Cruises Ltd.'s market share growth and pricing power, impacting its ability to maintain profitability.
  • Investors should consider the cyclical nature of the travel industry, as economic downturns or global events could reduce discretionary spending on leisure travel, affecting Royal Caribbean Cruises Ltd.'s financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Royal Caribbean Cruises pros and cons to contact@marketbeat.com.

RCL Stock Analysis - Frequently Asked Questions

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last twelve months. There are currently 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street 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?

16 brokerages have issued 12-month price objectives for Royal Caribbean Cruises' stock. Their RCL share price targets range from $71.00 to $174.00. On average, they expect the company's stock price to reach $136.94 in the next year. This suggests a possible upside of 0.2% from the stock's current price.
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 on January 1st, 2024. Since then, RCL shares have increased by 5.5% and is now trading at $136.67.
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, April 25th 2024.
View our RCL earnings forecast
.

How can I listen to Royal Caribbean Cruises' earnings call?

Royal Caribbean Cruises will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) posted its quarterly earnings results on Thursday, February, 1st. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.13 by $0.12. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($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 updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $9.90-10.10 for the period, compared to the consensus 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 Sumitomo Mitsui Trust Holdings Inc. (0.22%), Vaughan Nelson Investment Management L.P. (0.19%), Wedge Capital Management L L P NC (0.13%), Los Angeles Capital Management LLC (0.11%), Allspring Global Investments Holdings LLC (0.10%) and Raymond James Financial Services Advisors Inc. (0.04%). 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 4/23/2024 by MarketBeat.com Staff

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