Brokerages Set Royal Caribbean Cruises Ltd. (NYSE:RCL) Price Target at $324.82

Royal Caribbean Cruises Ltd. (NYSE:RCL) has been given a consensus rating of “Moderate Buy” by the twenty-four analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $324.8182.

Several equities analysts have recently weighed in on RCL shares. Truist Financial cut their price objective on Royal Caribbean Cruises from $333.00 to $321.00 and set a “hold” rating on the stock in a report on Tuesday, December 2nd. UBS Group reduced their price target on shares of Royal Caribbean Cruises from $353.00 to $304.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Jefferies Financial Group lowered their price objective on shares of Royal Caribbean Cruises from $286.00 to $275.00 and set a “hold” rating for the company in a research report on Monday, December 15th. Mizuho cut their price objective on shares of Royal Caribbean Cruises from $372.00 to $362.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Finally, Barclays reduced their target price on shares of Royal Caribbean Cruises from $342.00 to $324.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th.

Royal Caribbean Cruises Price Performance

Shares of RCL stock opened at $282.61 on Thursday. The company has a quick ratio of 0.14, a current ratio of 0.16 and a debt-to-equity ratio of 1.67. Royal Caribbean Cruises has a 12-month low of $164.01 and a 12-month high of $366.50. The firm has a fifty day moving average of $274.91 and a 200-day moving average of $306.43. The firm has a market capitalization of $77.07 billion, a price-to-earnings ratio of 19.01, a price-to-earnings-growth ratio of 0.86 and a beta of 1.91.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping the consensus estimate of $5.68 by $0.07. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.The business had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same quarter last year, the business posted $5.20 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS and its Q4 2025 guidance at 2.740-2.790 EPS. On average, equities research analysts forecast that Royal Caribbean Cruises will post 14.9 earnings per share for the current year.

Royal Caribbean Cruises announced that its Board of Directors has initiated a share buyback plan on Wednesday, December 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Royal Caribbean Cruises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, December 26th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.4%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 26.90%.

Insider Buying and Selling

In other Royal Caribbean Cruises news, Director Maritza Gomez Montiel sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total transaction of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares of the company’s stock, valued at $4,010,571.84. This represents a 7.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 6.95% of the company’s stock.

Institutional Trading of Royal Caribbean Cruises

Institutional investors have recently made changes to their positions in the business. Opal Wealth Advisors LLC bought a new position in Royal Caribbean Cruises in the second quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. 1 North Wealth Services LLC bought a new position in shares of Royal Caribbean Cruises in the 2nd quarter valued at about $31,000. Evolution Wealth Management Inc. acquired a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $31,000. Finally, Trust Co. of Toledo NA OH bought a new stake in Royal Caribbean Cruises during the second quarter worth about $32,000. Institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

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.