Research Analysts Issue Forecasts for RCL Q3 Earnings

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Equities research analysts at William Blair upped their Q3 2025 EPS estimates for Royal Caribbean Cruises in a research note issued on Monday, October 20th. William Blair analyst S. Zackfia now anticipates that the company will earn $5.66 per share for the quarter, up from their prior forecast of $5.65. William Blair has a “Outperform” rating on the stock. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $14.90 per share.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, July 29th. The company reported $4.38 EPS for the quarter, beating analysts’ consensus estimates of $4.04 by $0.34. Royal Caribbean Cruises had a net margin of 20.97% and a return on equity of 47.15%. The company had revenue of $4.54 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the prior year, the company posted $3.21 earnings per share. Royal Caribbean Cruises’s revenue for the quarter was up 10.4% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2025 guidance at 15.410-15.550 EPS. Q3 2025 guidance at 5.550-5.650 EPS.

Several other analysts have also recently issued reports on the stock. TD Cowen initiated coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 22nd. They set a “buy” rating and a $405.00 price target on the stock. UBS Group increased their price target on shares of Royal Caribbean Cruises from $311.00 to $353.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Barclays increased their price target on shares of Royal Caribbean Cruises from $263.00 to $358.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Bank of America raised their target price on shares of Royal Caribbean Cruises from $230.00 to $355.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Finally, Sanford C. Bernstein raised their target price on shares of Royal Caribbean Cruises from $290.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $332.14.

Royal Caribbean Cruises Stock Up 0.3%

Shares of RCL opened at $317.71 on Thursday. The stock has a market capitalization of $86.30 billion, a PE ratio of 23.82, a P/E/G ratio of 0.89 and a beta of 2.08. Royal Caribbean Cruises has a 1 year low of $164.01 and a 1 year high of $366.50. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. The company’s 50-day simple moving average is $329.34 and its 200-day simple moving average is $290.48.

Hedge Funds Weigh In On Royal Caribbean Cruises

A number of hedge funds have recently modified their holdings of the business. Cerity Partners LLC grew its position in shares of Royal Caribbean Cruises by 0.5% during the third quarter. Cerity Partners LLC now owns 37,971 shares of the company’s stock worth $12,284,000 after acquiring an additional 196 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Royal Caribbean Cruises by 0.8% during the third quarter. Louisiana State Employees Retirement System now owns 13,300 shares of the company’s stock worth $4,304,000 after acquiring an additional 100 shares during the last quarter. Rheos Capital Works Inc. purchased a new position in shares of Royal Caribbean Cruises during the third quarter worth approximately $25,886,000. CoreCap Advisors LLC grew its position in shares of Royal Caribbean Cruises by 37.0% during the third quarter. CoreCap Advisors LLC now owns 1,773 shares of the company’s stock worth $574,000 after acquiring an additional 479 shares during the last quarter. Finally, Code Waechter LLC purchased a new position in shares of Royal Caribbean Cruises during the third quarter worth approximately $206,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Royal Caribbean Cruises

In other Royal Caribbean Cruises news, Director Richard D. Fain sold 16,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $311.02, for a total value of $4,976,320.00. Following the transaction, the director directly owned 150,291 shares in the company, valued at $46,743,506.82. This represents a 9.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Vagn O. Sorensen sold 10,300 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $330.04, for a total transaction of $3,399,412.00. Following the completion of the transaction, the director owned 16,407 shares in the company, valued at $5,414,966.28. This represents a 38.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,507 shares of company stock worth $10,091,282 over the last three months. Insiders own 6.95% of the company’s stock.

Royal Caribbean Cruises Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Thursday, September 25th were paid a $1.00 dividend. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, September 25th. Royal Caribbean Cruises’s payout ratio is currently 29.99%.

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.