Royal Caribbean Cruises (NYSE:RCL) Given New $381.00 Price Target at Mizuho

Royal Caribbean Cruises (NYSE:RCL) had its price objective increased by Mizuho from $378.00 to $381.00 in a research report report published on Thursday morning, Marketbeat.com reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada set a $360.00 price objective on shares of Royal Caribbean Cruises in a report on Friday, October 31st. Stifel Nicolaus lowered their price target on Royal Caribbean Cruises from $400.00 to $380.00 and set a “buy” rating on the stock in a research report on Tuesday. Wells Fargo & Company upped their price objective on Royal Caribbean Cruises from $316.00 to $373.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Friday, October 31st. Finally, The Goldman Sachs Group dropped their target price on Royal Caribbean Cruises from $334.00 to $275.00 and set a “buy” rating for the company in a research report on Tuesday, December 9th. One research 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $326.09.

Royal Caribbean Cruises Stock Performance

Shares of RCL opened at $285.58 on Thursday. Royal Caribbean Cruises has a 12-month low of $164.01 and a 12-month high of $366.50. The company has a current ratio of 0.16, a quick ratio of 0.14 and a debt-to-equity ratio of 1.67. The company has a market cap of $77.88 billion, a PE ratio of 19.21, a price-to-earnings-growth ratio of 0.77 and a beta of 1.94. The stock has a 50-day moving average price of $276.35 and a 200-day moving average price of $305.59.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Tuesday, October 28th. The company reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $5.68 by $0.07. Royal Caribbean Cruises had a net margin of 23.33% and a return on equity of 44.68%. The business had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same period last year, the firm posted $5.20 earnings per share. Royal Caribbean Cruises’s quarterly revenue was up 5.2% on a year-over-year basis. 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. As a group, equities analysts forecast that Royal Caribbean Cruises will post 14.9 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $4.00 dividend on an annualized basis and a yield of 1.4%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 26.90%.

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

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction 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 transaction, the director directly owned 14,234 shares in the company, valued at approximately $4,010,571.84. This represents a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 6.95% of the company’s stock.

Institutional Trading of Royal Caribbean Cruises

Several institutional investors and hedge funds have recently bought and sold shares of RCL. Opal Wealth Advisors LLC purchased a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at approximately $27,000. SRH Advisors LLC bought a new stake in shares of Royal Caribbean Cruises during the 4th quarter valued at $28,000. 1 North Wealth Services LLC purchased a new stake in shares of Royal Caribbean Cruises in the 2nd quarter worth about $31,000. Evolution Wealth Management Inc. bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth about $31,000. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter worth about $32,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Company 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.