Royal Caribbean Cruises (NYSE:RCL) Given New $327.00 Price Target at Citigroup

Royal Caribbean Cruises (NYSE:RCLGet Free Report) had its price objective lowered by equities research analysts at Citigroup from $362.00 to $327.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 13.96% from the stock’s previous close.

A number of other research analysts also recently commented on RCL. TD Cowen reduced their price objective on shares of Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Stifel Nicolaus set a $410.00 target price on shares of Royal Caribbean Cruises in a report on Friday, May 1st. Loop Capital began coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 target price on the stock. BMO Capital Markets assumed coverage on Royal Caribbean Cruises in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 target price for the company. Finally, Truist Financial lowered their target price on Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $345.05.

Get Our Latest Analysis on RCL

Royal Caribbean Cruises Stock Up 0.3%

RCL traded up $0.77 on Tuesday, reaching $286.93. The company’s stock had a trading volume of 734,697 shares, compared to its average volume of 2,619,384. The stock has a market cap of $76.96 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76. Royal Caribbean Cruises has a 1 year low of $232.10 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The business’s 50 day moving average is $287.36 and its 200 day moving average is $288.97.

Royal Caribbean Cruises (NYSE:RCLGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period in the previous year, the business earned $2.71 EPS. Royal Caribbean Cruises’s revenue for the quarter was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. As a group, research analysts forecast that Royal Caribbean Cruises will post 17.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Royal Caribbean Cruises by 12.2% in the 4th quarter. Brighton Jones LLC now owns 1,312 shares of the company’s stock valued at $303,000 after acquiring an additional 143 shares in the last quarter. Woodline Partners LP increased its position in shares of Royal Caribbean Cruises by 40.8% during the first quarter. Woodline Partners LP now owns 20,918 shares of the company’s stock valued at $4,297,000 after purchasing an additional 6,063 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Royal Caribbean Cruises in the second quarter valued at $1,762,000. Baird Financial Group Inc. lifted its position in Royal Caribbean Cruises by 5.4% in the second quarter. Baird Financial Group Inc. now owns 4,772 shares of the company’s stock worth $1,494,000 after purchasing an additional 243 shares during the period. Finally, Brown Advisory Inc. bought a new position in Royal Caribbean Cruises in the second quarter worth $357,000. 87.53% of the stock is owned by institutional investors and hedge funds.

About Royal Caribbean Cruises

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Royal Caribbean Cruises (NYSE:RCL)

Receive News & Ratings for Royal Caribbean Cruises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Caribbean Cruises and related companies with MarketBeat.com's FREE daily email newsletter.