Royal Caribbean Cruises (RCL) Earns News Impact Rating of 0.12

News stories about Royal Caribbean Cruises (NYSE:RCL) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.5469847084352 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Several research firms have recently issued reports on RCL. BidaskClub cut shares of Royal Caribbean Cruises from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. UBS AG reiterated a “buy” rating and set a $131.00 price target (up from $112.00) on shares of Royal Caribbean Cruises in a research note on Tuesday, August 8th. Zacks Investment Research lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Buckingham Research lifted their price target on shares of Royal Caribbean Cruises to $149.00 and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $134.00 price target on shares of Royal Caribbean Cruises in a research note on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $121.25.

Shares of Royal Caribbean Cruises (NYSE:RCL) opened at 125.00 on Friday. Royal Caribbean Cruises has a 12-month low of $67.53 and a 12-month high of $126.07. The stock has a market cap of $26.89 billion, a P/E ratio of 17.54 and a beta of 0.99. The company’s 50-day moving average is $120.27 and its 200-day moving average is $111.84.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, August 1st. The company reported $1.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.67 by $0.04. The firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.19 billion. Royal Caribbean Cruises had a net margin of 17.73% and a return on equity of 16.71%. Royal Caribbean Cruises’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $1.09 EPS. On average, analysts expect that Royal Caribbean Cruises will post $7.44 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Friday, September 22nd were given a dividend of $0.60 per share. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $2.40 annualized dividend and a dividend yield of 1.92%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 33.71%.

In other news, Director Bernt Reitan sold 4,793 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $117.22, for a total transaction of $561,835.46. Following the completion of the transaction, the director now owns 7,862 shares in the company, valued at approximately $921,583.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Harri U. Kulovaara sold 7,580 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $119.61, for a total transaction of $906,643.80. Following the transaction, the executive vice president now owns 23,493 shares of the company’s stock, valued at approximately $2,809,997.73. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 460,079 shares of company stock valued at $53,947,455. Insiders own 15.30% of the company’s stock.

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About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

Insider Buying and Selling by Quarter for Royal Caribbean Cruises (NYSE:RCL)

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