Royal Caribbean Cruises (RCL) to Release Earnings on Tuesday

Royal Caribbean Cruises (NYSE:RCL) will likely be releasing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to announce earnings of $3.98 per share and revenue of $4.8171 billion for the quarter. 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. Individuals may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter in the previous year, the firm posted $2.71 EPS. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. On average, analysts expect Royal Caribbean Cruises to post $17 EPS for the current fiscal year and $20 EPS for the next fiscal year.

Royal Caribbean Cruises Stock Performance

Shares of NYSE:RCL opened at $293.00 on Monday. The company’s 50 day moving average price is $289.42 and its two-hundred day moving average price is $289.19. Royal Caribbean Cruises has a 12-month low of $232.10 and a 12-month high of $366.50. The firm has a market cap of $78.58 billion, a PE ratio of 17.88, a PEG ratio of 1.04 and a beta of 1.76. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96.

Royal Caribbean Cruises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd were given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, June 3rd. Royal Caribbean Cruises’s payout ratio is presently 36.61%.

Royal Caribbean Cruises News Summary

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Analysts say Royal Caribbean heads into Q2 earnings with strong booking demand and improving digital momentum, which could support another solid quarterly result. Should Investors Hold or Fold RCL Stock Ahead of Q2 Earnings?
• Positive Sentiment: The company recently beat first-quarter expectations, reinforcing the view that Royal Caribbean’s earnings power remains strong even though the stock has lagged broader market gains this year. Should You Buy Royal Caribbean Stock Before July 28?
• Neutral Sentiment: Wall Street estimate roundups ahead of Q2 earnings are keeping attention on key operating metrics, but these previews are not signaling a major new catalyst by themselves. Curious about Royal Caribbean (RCL) Q2 Performance? Explore Wall Street Estimates for Key Metrics
• Neutral Sentiment: Royal Caribbean’s community-center outreach in Mahahual may help strengthen local government relations, but the stock impact is likely limited in the near term. Royal Caribbean courts Mexican government with community center in Mahahual
• Negative Sentiment: Some broader consumer-discretionary commentary remains cautious, noting that demand trends across the group have been mixed, which could temper enthusiasm for cruise stocks. 3 Consumer Stocks We Steer Clear Of
• Negative Sentiment: Citigroup trimmed its price target on Royal Caribbean, which can weigh on sentiment even though the firm still sees upside from current levels. Citigroup Lowers Royal Caribbean Cruises (NYSE:RCL) Price Target to $327.00

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Cambient Family Office LLC acquired a new position in Royal Caribbean Cruises during the fourth quarter valued at approximately $208,000. Compound Planning Inc. boosted its holdings in shares of Royal Caribbean Cruises by 187.8% in the 4th quarter. Compound Planning Inc. now owns 11,122 shares of the company’s stock valued at $3,102,000 after purchasing an additional 7,257 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Royal Caribbean Cruises by 45.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,211 shares of the company’s stock valued at $895,000 after purchasing an additional 1,004 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Royal Caribbean Cruises by 252.5% in the 4th quarter. Corient Private Wealth LLC now owns 173,083 shares of the company’s stock valued at $48,276,000 after purchasing an additional 123,985 shares during the last quarter. Finally, Strive Financial Group LLC bought a new position in shares of Royal Caribbean Cruises in the 4th quarter valued at $51,000. 87.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on RCL shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research note on Thursday, June 18th. Stifel Nicolaus set a $410.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. Barclays dropped their price objective on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Wells Fargo & Company increased their target price on Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. 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 price target on the stock. 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $345.05.

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.