William Blair Has Bearish Forecast for RCL FY2026 Earnings

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Research analysts at William Blair dropped their FY2026 EPS estimates for shares of Royal Caribbean Cruises in a research report issued on Wednesday, January 22nd. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $17.00 for the year, down from their prior forecast of $17.69. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $11.66 per share.

Other research analysts have also issued research reports about the company. Bank of America upped their price objective on Royal Caribbean Cruises from $210.00 to $240.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. increased their price target on shares of Royal Caribbean Cruises from $253.00 to $295.00 and gave the company an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group decreased their price objective on shares of Royal Caribbean Cruises from $275.00 to $270.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Truist Financial increased their target price on shares of Royal Caribbean Cruises from $204.00 to $272.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, Wells Fargo & Company boosted their price target on Royal Caribbean Cruises from $232.00 to $272.00 and gave the stock an “overweight” rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $252.31.

Royal Caribbean Cruises Stock Performance

NYSE RCL opened at $264.71 on Monday. The stock has a market capitalization of $71.17 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 0.50 and a beta of 2.59. The business’s 50 day moving average is $237.87 and its two-hundred day moving average is $199.52. Royal Caribbean Cruises has a 12-month low of $113.10 and a 12-month high of $269.96. The company has a current ratio of 0.19, a quick ratio of 0.16 and a debt-to-equity ratio of 2.63.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.13. Royal Caribbean Cruises had a net margin of 16.21% and a return on equity of 52.92%. During the same quarter last year, the business earned $1.25 EPS.

Institutional Investors Weigh In On Royal Caribbean Cruises

Several hedge funds have recently bought and sold shares of RCL. International Assets Investment Management LLC increased its stake in shares of Royal Caribbean Cruises by 10,599.0% in the third quarter. International Assets Investment Management LLC now owns 409,879 shares of the company’s stock worth $72,696,000 after acquiring an additional 406,048 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its stake in Royal Caribbean Cruises by 809.6% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 173,124 shares of the company’s stock valued at $27,601,000 after purchasing an additional 154,090 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in Royal Caribbean Cruises by 138.2% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 161,835 shares of the company’s stock worth $28,703,000 after purchasing an additional 93,899 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Royal Caribbean Cruises during the 3rd quarter worth about $14,544,000. Finally, Dakota Wealth Management lifted its holdings in shares of Royal Caribbean Cruises by 3,935.2% during the 3rd quarter. Dakota Wealth Management now owns 76,871 shares of the company’s stock valued at $13,635,000 after buying an additional 74,966 shares during the last quarter. 87.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Royal Caribbean Cruises

In other news, Director Arne Alexander Wilhelmsen sold 230,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $233.62, for a total transaction of $53,732,600.00. Following the transaction, the director now directly owns 18,556,860 shares of the company’s stock, valued at approximately $4,335,253,633.20. This trade represents a 1.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Harri U. Kulovaara sold 3,256 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $234.62, for a total transaction of $763,922.72. Following the transaction, the executive vice president now directly owns 22,348 shares in the company, valued at approximately $5,243,287.76. The trade was a 12.72 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 372,609 shares of company stock worth $87,647,208. Corporate insiders own 7.95% of the company’s stock.

Royal Caribbean Cruises Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Friday, December 27th were paid a dividend of $0.55 per share. The ex-dividend date was Friday, December 27th. This represents a $2.20 annualized dividend and a yield of 0.83%. Royal Caribbean Cruises’s dividend payout ratio is currently 22.61%.

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.