Royal Caribbean Cruises Ltd. (NYSE:RCL) Announces Quarterly Dividend of $1.50

Royal Caribbean Cruises Ltd. (NYSE:RCL) announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Thursday, September 17th will be given a dividend of 1.50 per share on Thursday, October 8th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 17th.

Royal Caribbean Cruises has increased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 1 years. Royal Caribbean Cruises has a payout ratio of 33.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Royal Caribbean Cruises to earn $20.12 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 29.8%.

Royal Caribbean Cruises Trading Up 2.0%

NYSE:RCL traded up $5.42 on Wednesday, reaching $271.12. The company’s stock had a trading volume of 198,642 shares, compared to its average volume of 2,490,885. Royal Caribbean Cruises has a 12-month low of $232.10 and a 12-month high of $362.79. The stock has a 50 day moving average price of $300.45 and a 200 day moving average price of $288.73. The firm has a market cap of $72.51 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 0.92 and a beta of 1.75. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 2.03.

Royal Caribbean Cruises (NYSE:RCL) last released its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $4.38 EPS. 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. On average, equities analysts anticipate that Royal Caribbean Cruises will post 17.78 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on RCL. Stifel Nicolaus increased their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Thursday, June 18th. Susquehanna upped their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. Loop Capital initiated 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 for the company. Finally, BMO Capital Markets initiated coverage on Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $353.40.

About Royal Caribbean Cruises

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.