Zacks Research Issues Pessimistic Estimate for RCL Earnings

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Investment analysts at Zacks Research dropped their Q1 2027 earnings estimates for shares of Royal Caribbean Cruises in a report released on Tuesday, November 11th. Zacks Research analyst Team now expects that the company will post earnings of $4.24 per share for the quarter, down from their previous forecast of $4.69. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $14.90 per share. Zacks Research also issued estimates for Royal Caribbean Cruises’ FY2027 earnings at $20.53 EPS.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $5.68 by $0.07. The company had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Royal Caribbean Cruises had a return on equity of 44.68% and a net margin of 23.33%.During the same quarter last year, the business earned $5.20 earnings per share. Royal Caribbean Cruises’s revenue was up 5.2% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2025 guidance at 15.580-15.630 EPS. Q4 2025 guidance at 2.740-2.790 EPS.

Several other research firms also recently weighed in on RCL. Bank of America raised their price objective on Royal Caribbean Cruises from $230.00 to $355.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Barclays reduced their price target on Royal Caribbean Cruises from $358.00 to $342.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Stifel Nicolaus dropped their price objective on shares of Royal Caribbean Cruises from $420.00 to $400.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Tigress Financial boosted their target price on shares of Royal Caribbean Cruises from $330.00 to $415.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Wall Street Zen cut shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $324.64.

Royal Caribbean Cruises Price Performance

NYSE:RCL traded down $1.39 during trading hours on Thursday, hitting $262.04. The company’s stock had a trading volume of 425,320 shares, compared to its average volume of 2,387,717. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.16 and a quick ratio of 0.21. The company has a market capitalization of $71.46 billion, a P/E ratio of 17.62, a PEG ratio of 0.84 and a beta of 2.04. Royal Caribbean Cruises has a twelve month low of $164.01 and a twelve month high of $366.50. The stock has a fifty day simple moving average of $310.36 and a 200-day simple moving average of $300.60.

Royal Caribbean Cruises Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Stockholders of record on Thursday, September 25th were given a dividend of $1.00 per share. This is a boost from Royal Caribbean Cruises’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.5%. Royal Caribbean Cruises’s payout ratio is currently 26.90%.

Insider Activity

In related news, Director Vagn O. Sorensen sold 10,300 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $330.04, for a total value of $3,399,412.00. Following the completion of the sale, the director directly owned 16,407 shares of the company’s stock, valued at $5,414,966.28. The trade was a 38.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maritza Gomez Montiel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $281.76, for a total value of $309,936.00. Following the completion of the transaction, the director owned 14,234 shares in the company, valued at approximately $4,010,571.84. The trade was a 7.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 6.95% of the company’s stock.

Institutional Trading of Royal Caribbean Cruises

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Opal Wealth Advisors LLC bought a new stake in shares of Royal Caribbean Cruises during the second quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in Royal Caribbean Cruises during the 2nd quarter worth approximately $31,000. 1 North Wealth Services LLC purchased a new stake in shares of Royal Caribbean Cruises in the second quarter worth approximately $31,000. Evolution Wealth Management Inc. bought a new position in shares of Royal Caribbean Cruises in the second quarter valued at approximately $31,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Royal Caribbean Cruises during the second quarter valued at approximately $32,000. Institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

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.