Citigroup Cuts Royal Caribbean Cruises (NYSE:RCL) Price Target to $327.00

Royal Caribbean Cruises (NYSE:RCL) had its target price trimmed by Citigroup from $362.00 to $327.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on RCL. Wells Fargo & Company upped their price target on Royal Caribbean Cruises from $360.00 to $361.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Stifel Nicolaus set a $410.00 target price on Royal Caribbean Cruises in a report on Friday, May 1st. Loop Capital assumed coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target for the company. BMO Capital Markets began coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective on the stock. Finally, Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $345.05.

Royal Caribbean Cruises Stock Performance

NYSE:RCL opened at $283.98 on Tuesday. The firm’s fifty day simple moving average is $288.77 and its 200-day simple moving average is $289.10. 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 cap of $76.16 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.76. Royal Caribbean Cruises has a fifty-two week low of $232.10 and a fifty-two week high of $366.50.

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

Royal Caribbean Cruises Announces Dividend

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

Institutional Trading of Royal Caribbean Cruises

Institutional investors and hedge funds have recently made changes to their positions in the stock. Montag A & Associates Inc. increased its position in Royal Caribbean Cruises by 184.4% during the 4th quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock worth $25,000 after purchasing an additional 59 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Royal Caribbean Cruises during the 4th quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Royal Caribbean Cruises during the 4th quarter worth about $26,000. Cape Investment Advisory Inc. purchased a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $30,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth about $27,000. 87.53% of the stock is currently owned by hedge funds and other 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.