Royal Caribbean Cruises (RCL) – Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Royal Caribbean Cruises (NYSE: RCL) in the last few weeks:

• 7/30/2026 – Royal Caribbean Cruises had its price target raised by Morgan Stanley from $280.00 to $300.00. They now have an “equal weight” rating on the stock.
• 7/29/2026 – Royal Caribbean Cruises had its price target raised by Susquehanna from $350.00 to $372.00. They now have a “positive” rating on the stock.
• 7/29/2026 – Royal Caribbean Cruises had its price target raised by Stifel Nicolaus from $410.00 to $415.00. They now have a “buy” rating on the stock.
• 7/29/2026 – Royal Caribbean Cruises had its price target raised by Wells Fargo & Company from $361.00 to $388.00. They now have an “overweight” rating on the stock.
• 7/29/2026 – Royal Caribbean Cruises had its price target raised by Citigroup Inc. from $327.00 to $362.00. They now have a “buy” rating on the stock.
• 7/28/2026 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by William Blair.
• 7/21/2026 – Royal Caribbean Cruises had its price target lowered by Citigroup Inc. from $362.00 to $327.00. They now have a “buy” rating on the stock.
• 7/7/2026 – Royal Caribbean Cruises is now covered by BMO Capital Markets. They set an “outperform” rating and a $370.00 price target on the stock.
• 7/7/2026 – Royal Caribbean Cruises was upgraded by BMO Capital Markets to “strong-buy”.
• 6/22/2026 – Royal Caribbean Cruises had its price target raised by Wells Fargo & Company from $360.00 to $361.00. They now have an “overweight” rating on the stock.
• 6/18/2026 – Royal Caribbean Cruises had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 6/18/2026 – Royal Caribbean Cruises was upgraded by Zacks Research from “strong sell” to “hold”.
• 6/16/2026 – Royal Caribbean Cruises had its price target raised by Citigroup Inc. from $348.00 to $362.00. They now have a “buy” rating on the stock.
• 6/3/2026 – Royal Caribbean Cruises was upgraded by Freedom Capital to “strong-buy”.
• 6/1/2026 – Royal Caribbean Cruises is now covered by Loop Capital. They set a “hold” rating and a $304.00 price target on the stock.

Royal Caribbean Cruises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Wednesday, June 3rd. Royal Caribbean Cruises’s dividend payout ratio is presently 37.08%.

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.