Friedenthal Financial Acquires Shares of 2,901 Royal Caribbean Cruises Ltd. $RCL

Friedenthal Financial acquired a new stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,901 shares of the company’s stock, valued at approximately $939,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Opal Wealth Advisors LLC acquired a new position in Royal Caribbean Cruises in the second quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $31,000. 1 North Wealth Services LLC acquired a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at $31,000. Evolution Wealth Management Inc. purchased a new stake in Royal Caribbean Cruises during the second quarter worth $31,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $32,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $292.33 on Wednesday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.14 and a current ratio of 0.16. The business’s 50 day moving average price is $276.03 and its 200 day moving average price is $305.86. The company has a market cap of $79.72 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 0.91 and a beta of 1.91. Royal Caribbean Cruises Ltd. has a one year low of $164.01 and a one year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The business had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the company earned $5.20 EPS. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. On average, research analysts predict that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current year.

Royal Caribbean Cruises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, December 26th. Royal Caribbean Cruises’s payout ratio is presently 26.90%.

Royal Caribbean Cruises announced that its board has initiated a stock repurchase program on Wednesday, December 10th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the company to buy up to 2.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on RCL shares. Wall Street Zen downgraded shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Truist Financial reduced their price target on Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating for the company in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Royal Caribbean Cruises in a research report on Wednesday, October 8th. William Blair reaffirmed an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, October 28th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Royal Caribbean Cruises has a consensus rating of “Moderate Buy” and an average price target of $324.82.

Insiders Place Their Bets

In other news, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $281.76, for a total value of $309,936.00. Following the completion of the sale, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This represents a 7.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 6.95% of the stock is owned by insiders.

Royal Caribbean Cruises Profile

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.