Royal Caribbean Cruises (NYSE:RCL – Get Free Report)‘s stock had its “buy” rating restated by Tigress Financial in a research report issued to clients and investors on Monday, MarketBeat.com reports. They presently have a $425.00 target price on the stock. Tigress Financial’s price target would suggest a potential upside of 52.81% from the company’s previous close.
Several other equities analysts have also recently issued reports on the company. Loop Capital began coverage on Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. Truist Financial raised their target price on Royal Caribbean Cruises from $297.00 to $298.00 and gave the stock a “hold” rating in a report on Thursday, September 24th. Stifel Nicolaus lifted their price target on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Citigroup boosted their price target on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Susquehanna raised their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.80.
View Our Latest Stock Report on Royal Caribbean Cruises
Royal Caribbean Cruises Stock Performance
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. 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, sell-side analysts forecast that Royal Caribbean Cruises will post 17.79 EPS for the current fiscal year.
Insider Transactions at Royal Caribbean Cruises
In other news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction dated 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 sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is available through this link. 6.44% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Royal Caribbean Cruises
Several institutional investors have recently bought and sold shares of the company. IMG Wealth Management Inc. purchased a new stake in Royal Caribbean Cruises during the 1st quarter worth approximately $27,000. Main Street Group LTD purchased a new stake in shares of Royal Caribbean Cruises during the first quarter worth approximately $28,000. Monetary Solutions Ltd acquired a new position in Royal Caribbean Cruises in the 4th quarter valued at $29,000. Bell Investment Advisors Inc acquired a new position in Royal Caribbean Cruises in the 2nd quarter valued at $29,000. Finally, NBH Bank purchased a new position in Royal Caribbean Cruises in the 2nd quarter valued at $29,000. 87.53% of the stock is currently owned by institutional investors and hedge funds.
Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd., now known as Royal Caribbean Group, is a global cruise company that operates vacation experiences through a portfolio of cruise brands. Its principal brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, each serving different segments of the leisure travel market, from family-oriented cruises and large-scale resort-style ships to premium and luxury expedition voyages.
The company offers cruises to destinations around the world, including the Caribbean, Europe, Alaska, Asia, Australia, New Zealand and other international regions.
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