Royal Caribbean Cruises Ltd. (NYSE:RCL) Receives $353.40 Average Target Price from Analysts

Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) have been assigned a consensus rating of “Moderate Buy” from the twenty-two research firms that are currently covering the company, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $353.40.

A number of brokerages have recently issued reports on RCL. Weiss Ratings downgraded Royal Caribbean Cruises from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Wells Fargo & Company upped their price objective on Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. TD Cowen dropped their price objective on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Morgan Stanley boosted their target price on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Finally, Zacks Research raised shares of Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 18th.

Royal Caribbean Cruises Trading Down 0.1%

NYSE RCL opened at $265.02 on Tuesday. Royal Caribbean Cruises has a one year low of $232.10 and a one year high of $362.79. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.19 and a current ratio of 0.21. The company has a market capitalization of $70.88 billion, a price-to-earnings ratio of 16.38, a price-to-earnings-growth ratio of 0.95 and a beta of 1.74. The company’s 50-day simple moving average is $295.94 and its two-hundred day simple moving average is $287.09.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.23. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. Royal Caribbean Cruises’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $4.38 earnings per share. 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. Equities analysts forecast that Royal Caribbean Cruises will post 17.78 EPS for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 17th. Royal Caribbean Cruises’s payout ratio is 37.08%.

Insider Buying and Selling

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

Institutional Trading of Royal Caribbean Cruises

Several hedge funds and other institutional investors have recently made changes to their positions in the business. TD Asset Management Inc raised its position in shares of Royal Caribbean Cruises by 29.7% in the 4th quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after purchasing an additional 201,014 shares during the last quarter. Dougherty & Associates LLC acquired a new stake in Royal Caribbean Cruises in the 4th quarter worth approximately $10,827,000. North Dakota State Investment Board purchased a new stake in Royal Caribbean Cruises during the 4th quarter worth approximately $2,424,000. Capital International Sarl grew its position in Royal Caribbean Cruises by 19.3% during the 4th quarter. Capital International Sarl now owns 363,713 shares of the company’s stock worth $101,447,000 after purchasing an additional 58,734 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Royal Caribbean Cruises during the 4th quarter valued at approximately $2,027,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

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.