Royal Caribbean Cruises Ltd. (NYSE:RCL) Stock Has Average Target Price of $350.35

Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-eight research firms that are covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and twenty have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $350.35.

Several equities analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Northcoast Research decreased their target price on shares of Royal Caribbean Cruises from $368.00 to $335.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft raised shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and boosted their price target for the stock from $299.00 to $330.00 in a research note on Monday, September 28th. JPMorgan Chase & Co. upped their price target on shares of Royal Caribbean Cruises from $345.00 to $394.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Finally, Morgan Stanley upped their price target on shares of Royal Caribbean Cruises from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.44% of the company’s stock.

Institutional Investors Weigh In On Royal Caribbean Cruises

Institutional investors have recently bought and sold shares of the stock. 55 North Private Wealth LLC lifted its position in Royal Caribbean Cruises by 4.2% in the third quarter. 55 North Private Wealth LLC now owns 890 shares of the company’s stock valued at $237,000 after purchasing an additional 36 shares during the last quarter. Global Financial Private Client LLC boosted its stake in shares of Royal Caribbean Cruises by 1.6% during the first quarter. Global Financial Private Client LLC now owns 2,343 shares of the company’s stock valued at $645,000 after purchasing an additional 38 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Royal Caribbean Cruises by 1.5% during the second quarter. D.A. Davidson & CO. now owns 2,647 shares of the company’s stock valued at $841,000 after purchasing an additional 40 shares during the period. EWA LLC grew its holdings in shares of Royal Caribbean Cruises by 4.6% in the first quarter. EWA LLC now owns 961 shares of the company’s stock worth $265,000 after purchasing an additional 42 shares during the last quarter. Finally, Commonwealth Financial Services LLC grew its holdings in shares of Royal Caribbean Cruises by 4.1% in the first quarter. Commonwealth Financial Services LLC now owns 1,171 shares of the company’s stock worth $322,000 after purchasing an additional 46 shares during the last quarter. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Stock Up 2.2%

Shares of NYSE RCL opened at $288.18 on Wednesday. The stock has a market capitalization of $77.07 billion, a P/E ratio of 17.81, a PEG ratio of 0.99 and a beta of 1.82. Royal Caribbean Cruises has a one year low of $222.22 and a one year high of $356.39. The firm’s 50 day simple moving average is $272.65 and its two-hundred day simple moving average is $282.03. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $4.38 EPS. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, analysts expect that Royal Caribbean Cruises will post 17.79 EPS for the current fiscal year.

Royal Caribbean Cruises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were issued a $1.50 dividend. The ex-dividend date was Thursday, September 17th. This represents a $6.00 annualized dividend and a dividend yield of 2.1%. Royal Caribbean Cruises’s payout ratio is currently 37.08%.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.