Royal Caribbean Cruises (RCL) Stock Price, News & Analysis

Company Overview

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. was founded in 1968 and is headquartered in Miami, Florida.

Key Stats

• Today's Range: $240.78 to $245.28
• 50-Day Range: $173.11 to $244.50
• 52-Week Range: $105.36 to $245.91
• Volume: 1.10 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $64.97 billion
• P/E Ratio: 24.83
• Dividend Yield: 0.66%
• Price Target: $224.38
• Consensus Rating: Moderate Buy

Royal Caribbean Cruises Stock Analysis - MarketRank™

Royal Caribbean Cruises scored higher than 95% of companies evaluated by MarketBeat, and ranked 17th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Royal Caribbean Cruises has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 14 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Royal Caribbean Cruises has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 21.82%

Earnings Growth

Earnings for Royal Caribbean Cruises are expected to grow by 21.82% in the coming year, from $11.64 to $14.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Royal Caribbean Cruises is 24.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Caribbean Cruises is 24.83, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.08.

Price to Earnings Growth Ratio

Royal Caribbean Cruises has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Royal Caribbean Cruises has a P/B Ratio of 8.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.86% of the float of Royal Caribbean Cruises has been sold short.

Short Interest Ratio / Days to Cover

Royal Caribbean Cruises has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently increased by 7.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Royal Caribbean Cruises has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Royal Caribbean Cruises does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Royal Caribbean Cruises is 16.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Royal Caribbean Cruises will have a dividend payout ratio of 11.28% next year. This indicates that Royal Caribbean Cruises will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -3.80

Percentage of Shares Shorted

4.86% of the float of Royal Caribbean Cruises has been sold short.

Short Interest Ratio / Days to Cover

Royal Caribbean Cruises has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Royal Caribbean Cruises has recently increased by 7.16%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

Royal Caribbean Cruises has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Royal Caribbean Cruises this week, compared to 17 articles on an average week.

Search Interest

Only 64 people have searched for RCL on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

MarketBeat Follows

26 people have added Royal Caribbean Cruises to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Royal Caribbean Cruises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $94,817,966.00 in company stock.

Percentage Held by Insiders

Only 7.95% of the stock of Royal Caribbean Cruises is held by insiders.

Percentage Held by Institutions

87.53% of the stock of Royal Caribbean Cruises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RCL Stock Analysis - Frequently Asked Questions

How have RCL shares performed this year?

Royal Caribbean Cruises' stock was trading at $129.49 at the beginning of the year. Since then, RCL shares have increased by 86.6% and is now trading at $241.62.
View the best growth stocks for 2024 here.

How were Royal Caribbean Cruises' earnings last quarter?

Royal Caribbean Cruises Ltd. (NYSE:RCL) issued its quarterly earnings results on Tuesday, October, 29th. The company reported $5.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.05 by $0.15. The company's revenue for the quarter was up 17.5% on a year-over-year basis.
Read the conference call transcript.

Does Royal Caribbean Cruises have any subsidiaries?

Royal Caribbean Cruises subsidiaries include these companies: Silversea Cruises Ltd, Celebrity Cruises Inc., and RCL Cruises Ltd..

Who are Royal Caribbean Cruises' major shareholders?

Top institutional shareholders of Royal Caribbean Cruises include Geode Capital Management LLC (2.09%), Primecap Management Co. CA (1.78%), D1 Capital Partners L.P. (0.58%) and Charles Schwab Investment Management Inc. (0.55%). Insiders that own company stock include Arne Alexander Wilhelmsen, Richard D Fain, Jason T Liberty, Michael W Bayley, Naftali Holtz, Laura H Bethge, Vagn O Sorensen, Harri U Kulovaara, Maritza Gomez Montiel, Henry L Pujol and Lisa Lutoff-Perlo.
View institutional ownership trends.

How do I buy shares of Royal Caribbean Cruises?

Shares of RCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Royal Caribbean Cruises own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royal Caribbean Cruises investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Netflix (NFLX) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/20/2024
• Dividend Payable: 10/11/2024
• Last Earnings: 10/29/2024
• Today: 11/29/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Water transportation
• Sub-Industry: Hotels Resorts & Cruise Lines
• Current Symbol: NYSE:RCL
• CUSIP: V7780T10
• CIK: 884887
• Web: www.rclinvestor.com
• Phone: (305) 539-6000
• Fax: 305-374-7354
• Employees: 98,200
• Year Founded: 1969

Price Target and Rating

• Average Stock Price Target: $224.38
• High Stock Price Target: $290.00
• Low Stock Price Target: $154.00
• Potential Upside/Downside: -7.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.73
• Trailing P/E Ratio: 24.83
• Forward P/E Ratio: 20.74
• P/E Growth: 0.64
• Net Income: $1.70 billion
• Net Margins: 16.21%
• Pretax Margin: 16.29%
• Return on Equity: 52.92%
• Return on Assets: 8.66%

Debt

• Debt-to-Equity Ratio: 2.63
• Current Ratio: 0.19
• Quick Ratio: 0.16

Sales & Book Value

• Annual Sales: $13.90 billion
• Price / Sales: 4.67
• Cash Flow: $13.23 per share
• Price / Cash Flow: 18.26
• Book Value: $26.87 per share
• Price / Book: 8.99

Miscellaneous

• Outstanding Shares: 268,880,000
• Free Float: 247,499,000
• Market Cap: $64.97 billion
• Optionable: Optionable
• Beta: 2.59