Royal Caribbean Cruises (RCL) to Announce Earnings on Tuesday

Royal Caribbean Cruises (NYSE:RCL) will likely be announcing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Royal Caribbean Cruises to announce earnings of $3.95 per share and revenue of $4.8158 billion for the quarter. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. Interested persons may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.

Royal Caribbean Cruises (NYSE:RCL) last announced its earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.20 by $0.40. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the firm posted $2.71 earnings per share. On average, analysts expect Royal Caribbean Cruises to post $17 EPS for the current fiscal year and $20 EPS for the next fiscal year.

Royal Caribbean Cruises Trading Down 0.1%

Royal Caribbean Cruises stock opened at $286.58 on Tuesday. Royal Caribbean Cruises has a 52-week low of $232.10 and a 52-week high of $366.50. The company has a market cap of $76.86 billion, a P/E ratio of 17.48, a P/E/G ratio of 1.02 and a beta of 1.76. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. The business has a 50-day simple moving average of $287.36 and a two-hundred day simple moving average of $288.97.

Royal Caribbean Cruises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Wednesday, June 3rd were issued a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.1%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 36.61%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on RCL shares. JPMorgan Chase & Co. cut their target price on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Citigroup lifted their price target on shares of Royal Caribbean Cruises from $348.00 to $362.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Mizuho set a $380.00 price objective on shares of Royal Caribbean Cruises in a research report on Friday, May 1st. Freedom Capital upgraded Royal Caribbean Cruises to a “strong-buy” rating in a research note on Wednesday, June 3rd. Finally, BMO Capital Markets began coverage on Royal Caribbean Cruises in a report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $346.80.

Institutional Investors Weigh In On Royal Caribbean Cruises

Institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Royal Caribbean Cruises by 25,747.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after acquiring an additional 1,197,510 shares in the last quarter. Forest Avenue Capital Management LP purchased a new stake in Royal Caribbean Cruises during the fourth quarter valued at approximately $80,848,000. Credit Agricole S A purchased a new stake in Royal Caribbean Cruises during the third quarter valued at approximately $84,992,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Royal Caribbean Cruises by 3,725.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 215,243 shares of the company’s stock valued at $69,648,000 after purchasing an additional 209,616 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Royal Caribbean Cruises by 18.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,046,736 shares of the company’s stock valued at $327,775,000 after purchasing an additional 159,690 shares during the last quarter. 87.53% of the stock is owned by institutional investors.

Royal Caribbean Cruises Company Profile

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.