Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock Has Average Target Price of $356.10 According to Brokerages

Royal Caribbean Cruises Ltd. (NYSE:RCL) has been given a consensus recommendation of “Moderate Buy” by the twenty-three analysts that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $357.80.

Several analysts have recently commented on RCL shares. Sanford C. Bernstein restated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. UBS Group reaffirmed a “buy” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, September 23rd. JPMorgan Chase & Co. increased their price target on Royal Caribbean Cruises from $345.00 to $394.00 and gave the stock an “overweight” rating in a report on Thursday, September 24th. Stifel Nicolaus raised their price objective on Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th.

Royal Caribbean Cruises Stock Performance

Shares of Royal Caribbean Cruises stock opened at $279.13 on Friday. The company’s 50 day moving average price is $281.69 and its two-hundred day moving average price is $281.28. Royal Caribbean Cruises has a fifty-two week low of $222.22 and a fifty-two week high of $356.39. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. The firm has a market capitalization of $74.65 billion, a P/E ratio of 17.25, a P/E/G ratio of 0.96 and a beta of 1.82.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, beating the consensus estimate of $3.98 by $0.23. The company 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 business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, equities analysts forecast that Royal Caribbean Cruises will post 17.79 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 17th will be issued a dividend of $1.50 per share. The ex-dividend date is Thursday, September 17th. This represents a $6.00 annualized dividend and a yield of 2.1%. Royal Caribbean Cruises’s dividend payout ratio is 37.08%.

Insider Buying and Selling at Royal Caribbean Cruises

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

Institutional Trading of Royal Caribbean Cruises

A number of large investors have recently bought and sold shares of the company. Capital International Investors lifted its holdings in Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Royal Caribbean Cruises in the second quarter valued at about $6,549,422,000. Capital Research Global Investors lifted its position in shares of Royal Caribbean Cruises by 4.8% in the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after acquiring an additional 920,042 shares in the last quarter. State Street Corp boosted its stake in shares of Royal Caribbean Cruises by 2.6% in the second quarter. State Street Corp now owns 10,689,134 shares of the company’s stock worth $3,409,971,000 after acquiring an additional 270,930 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Royal Caribbean Cruises by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock worth $1,961,758,000 after acquiring an additional 155,491 shares during the period. 87.53% of the stock is owned by hedge funds and other institutional investors.

About Royal Caribbean Cruises

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.