Royal Caribbean Cruises (RCL) Set to Announce Quarterly Earnings on Tuesday

Royal Caribbean Cruises (NYSE:RCL) is projected to post its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Royal Caribbean Cruises to announce earnings of $6.38 per share and revenue of $5.61 billion for the quarter. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $4.38 EPS. On average, analysts expect Royal Caribbean Cruises to post $17.79 EPS for the current fiscal year and $20.13 EPS for the next fiscal year.

Royal Caribbean Cruises Price Performance

Shares of NYSE RCL opened at $282.50 on Tuesday. The stock has a market capitalization of $75.55 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 0.98 and a beta of 1.82. The business has a 50-day moving average of $273.03 and a 200-day moving average of $281.99. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises has a fifty-two week low of $222.22 and a fifty-two week high of $356.39.

Royal Caribbean Cruises Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were given a $1.50 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. Royal Caribbean Cruises’s payout ratio is currently 37.08%.

Insider Transactions at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the sale, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on RCL. Weiss Ratings upgraded Royal Caribbean Cruises from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Freedom Capital cut Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. TD Cowen upgraded Royal Caribbean Cruises to a “strong-buy” rating in a research note on Tuesday, September 8th. UBS Group restated a “buy” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. Finally, Jefferies Financial Group raised Royal Caribbean Cruises from a “hold” rating to a “buy” rating and boosted their price target for the stock from $305.00 to $330.00 in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $350.88.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.