Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Free Report) CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the transaction, the chief executive officer directly owned 45,297 shares of the company’s stock, valued at approximately $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Royal Caribbean Cruises Stock Performance
Shares of NYSE:RCL traded down $3.41 on Friday, hitting $318.53. The company had a trading volume of 1,946,503 shares, compared to its average volume of 2,647,223. The stock has a market cap of $85.43 billion, a price-to-earnings ratio of 19.69, a P/E/G ratio of 1.12 and a beta of 1.76. The stock has a 50 day moving average price of $294.60 and a 200 day moving average price of $289.60. Royal Caribbean Cruises Ltd. has a 1-year low of $232.10 and a 1-year high of $366.50. The company has a current ratio of 0.21, a quick ratio of 0.17 and a debt-to-equity ratio of 2.03.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a net margin of 23.54% and a return on equity of 43.33%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter in the previous year, the firm posted $4.38 EPS. Royal Caribbean Cruises’s revenue was up 6.5% compared to the same quarter last year. 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. Analysts expect that Royal Caribbean Cruises Ltd. will post 17.74 EPS for the current year.
Royal Caribbean Cruises Announces Dividend
Analyst Ratings Changes
A number of brokerages have commented on RCL. Deutsche Bank Aktiengesellschaft set a $296.00 price objective on Royal Caribbean Cruises in a report on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on shares of Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Susquehanna boosted their price objective on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a report on Wednesday. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a research report on Tuesday. Finally, UBS Group dropped their price objective on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $350.50.
View Our Latest Analysis on Royal Caribbean Cruises
Hedge Funds Weigh In On Royal Caribbean Cruises
Hedge funds have recently bought and sold shares of the company. Capital International Investors lifted its holdings in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after acquiring an additional 3,215,382 shares during the period. Vanguard Group Inc. raised its position in Royal Caribbean Cruises by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 30,253,450 shares of the company’s stock valued at $8,438,292,000 after purchasing an additional 187,283 shares in the last quarter. Capital Research Global Investors lifted its stake in Royal Caribbean Cruises by 4.8% during the fourth quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after purchasing an additional 920,042 shares during the last quarter. State Street Corp lifted its stake in Royal Caribbean Cruises by 0.8% during the third quarter. State Street Corp now owns 10,576,751 shares of the company’s stock worth $3,433,052,000 after purchasing an additional 84,202 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Royal Caribbean Cruises by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company’s stock valued at $1,961,758,000 after purchasing an additional 155,491 shares in the last quarter. 87.53% of the stock is owned by 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.
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