Royal Caribbean Cruises (RCL) Expected to Announce Quarterly Earnings on Tuesday

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Royal Caribbean Cruises to post earnings of $2.52 per share and revenue of $4.02 billion for the quarter. Royal Caribbean Cruises has set its Q1 2025 guidance at 2.430-2.530 EPS and its FY 2025 guidance at 14.350-14.650 EPS.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.50 by $0.13. Royal Caribbean Cruises had a return on equity of 48.97% and a net margin of 17.46%. During the same period in the previous year, the business earned $1.25 earnings per share. On average, analysts expect Royal Caribbean Cruises to post $15 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Royal Caribbean Cruises Price Performance

Shares of RCL traded up $3.99 during trading hours on Thursday, reaching $211.49. 1,515,761 shares of the company traded hands, compared to its average volume of 2,322,596. The stock has a market capitalization of $57.42 billion, a PE ratio of 19.78, a price-to-earnings-growth ratio of 0.90 and a beta of 2.26. The stock has a fifty day simple moving average of $212.88 and a 200 day simple moving average of $226.18. Royal Caribbean Cruises has a fifty-two week low of $130.08 and a fifty-two week high of $277.08. The company has a quick ratio of 0.15, a current ratio of 0.17 and a debt-to-equity ratio of 2.39.

Royal Caribbean Cruises declared that its board has authorized a share repurchase plan on Wednesday, February 12th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Royal Caribbean Cruises Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 7th were paid a dividend of $0.75 per share. This is a boost from Royal Caribbean Cruises's previous quarterly dividend of $0.55. This represents a $3.00 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend was Friday, March 7th. Royal Caribbean Cruises's dividend payout ratio (DPR) is currently 28.06%.

Insider Activity at Royal Caribbean Cruises

In other news, insider Laura H. Bethge sold 14,992 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $261.86, for a total value of $3,925,805.12. Following the completion of the sale, the insider now directly owns 21,155 shares in the company, valued at approximately $5,539,648.30. The trade was a 41.48 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jason T. Liberty sold 58,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $261.95, for a total value of $15,193,100.00. Following the transaction, the chief executive officer now owns 143,214 shares in the company, valued at $37,514,907.30. This trade represents a 28.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 109,492 shares of company stock valued at $28,571,705 over the last three months. 7.95% of the stock is owned by insiders.

Institutional Investors Weigh In On Royal Caribbean Cruises

A hedge fund recently raised its stake in Royal Caribbean Cruises stock. Brighton Jones LLC increased its stake in shares of Royal Caribbean Cruises Ltd. (NYSE:RCL - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,312 shares of the company's stock after buying an additional 143 shares during the quarter. Brighton Jones LLC's holdings in Royal Caribbean Cruises were worth $303,000 at the end of the most recent quarter. Institutional investors own 87.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Argus boosted their target price on shares of Royal Caribbean Cruises from $280.00 to $305.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. Jefferies Financial Group started coverage on shares of Royal Caribbean Cruises in a research note on Monday, March 31st. They set a "hold" rating and a $230.00 price objective for the company. Wells Fargo & Company raised their target price on shares of Royal Caribbean Cruises from $232.00 to $272.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Barclays decreased their price target on shares of Royal Caribbean Cruises from $308.00 to $249.00 and set an "overweight" rating for the company in a research report on Tuesday. Finally, Morgan Stanley cut their price objective on Royal Caribbean Cruises from $270.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Four research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $272.53.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.