Royal Caribbean Cruises (NYSE:RCL) Price Target Cut to $337.00 by Analysts at TD Cowen

Royal Caribbean Cruises (NYSE:RCL) had its target price reduced by equities researchers at TD Cowen from $350.00 to $337.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 29.84% from the company’s previous close.

A number of other brokerages also recently issued reports on RCL. Barclays dropped their price target on shares of Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Citigroup dropped their price target on shares of Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Jefferies Financial Group raised their price target on shares of Royal Caribbean Cruises from $275.00 to $334.00 and gave the company a “hold” rating in a report on Friday, January 30th. William Blair reiterated an “outperform” rating on shares of Royal Caribbean Cruises in a research note on Thursday, January 29th. Finally, Wells Fargo & Company increased their price objective on shares of Royal Caribbean Cruises from $349.00 to $360.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus target price of $347.21.

Royal Caribbean Cruises Stock Performance

Shares of NYSE RCL traded down $5.84 during trading on Friday, reaching $259.54. 922,920 shares of the company traded hands, compared to its average volume of 2,547,525. The firm has a 50 day simple moving average of $273.11 and a 200-day simple moving average of $283.20. 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 stock has a market capitalization of $69.61 billion, a PE ratio of 15.83, a P/E/G ratio of 0.92 and a beta of 1.77. Royal Caribbean Cruises has a 52-week low of $232.60 and a 52-week high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.71 EPS. 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. Equities research analysts anticipate that Royal Caribbean Cruises will post 17.29 earnings per share for the current year.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, Director Arne Alexander Wilhelmsen sold 245,476 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $311.54, for a total transaction of $76,475,593.04. Following the sale, the director owned 16,435,910 shares in the company, valued at approximately $5,120,443,401.40. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maritza Gomez Montiel sold 1,385 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $327.18, for a total transaction of $453,144.30. Following the sale, the director owned 12,849 shares in the company, valued at approximately $4,203,935.82. The trade was a 9.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,640,836 shares of company stock worth $519,971,328. Company insiders own 6.44% of the company’s stock.

Institutional Investors Weigh In On Royal Caribbean Cruises

Institutional investors have recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd purchased a new stake in Royal Caribbean Cruises during the 3rd quarter valued at approximately $4,806,000. Vanguard Group Inc. grew its holdings in shares of Royal Caribbean Cruises by 1.6% in the third quarter. Vanguard Group Inc. now owns 30,066,167 shares of the company’s stock valued at $9,728,810,000 after purchasing an additional 461,990 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Royal Caribbean Cruises by 49.3% in the third quarter. Russell Investments Group Ltd. now owns 117,162 shares of the company’s stock valued at $37,931,000 after purchasing an additional 38,698 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of Royal Caribbean Cruises by 19.0% in the third quarter. Crossmark Global Holdings Inc. now owns 39,123 shares of the company’s stock valued at $12,659,000 after purchasing an additional 6,253 shares in the last quarter. Finally, WINTON GROUP Ltd grew its holdings in shares of Royal Caribbean Cruises by 1,231.6% in the third quarter. WINTON GROUP Ltd now owns 20,173 shares of the company’s stock valued at $6,528,000 after purchasing an additional 18,658 shares in the last quarter. 87.53% of the stock is owned by hedge funds and other institutional investors.

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.