A number of firms have modified their ratings and price targets on shares of Royal Caribbean Cruises (NYSE: RCL) recently:
- 2/7/2025 – Royal Caribbean Cruises had its price target raised by analysts at Tigress Financial from $270.00 to $330.00. They now have a “buy” rating on the stock.
- 2/4/2025 – Royal Caribbean Cruises is now covered by analysts at Loop Capital. They set a “hold” rating and a $250.00 price target on the stock.
- 2/4/2025 – Royal Caribbean Cruises had its price target raised by analysts at UBS Group AG from $271.00 to $301.00. They now have a “buy” rating on the stock.
- 2/3/2025 – Royal Caribbean Cruises had its price target raised by analysts at Morgan Stanley from $210.00 to $225.00. They now have an “equal weight” rating on the stock.
- 1/30/2025 – Royal Caribbean Cruises had its price target raised by analysts at Macquarie from $250.00 to $300.00. They now have an “outperform” rating on the stock.
- 1/29/2025 – Royal Caribbean Cruises had its price target raised by analysts at Susquehanna from $245.00 to $305.00. They now have a “positive” rating on the stock.
- 1/29/2025 – Royal Caribbean Cruises had its price target raised by analysts at Barclays PLC from $287.00 to $308.00. They now have an “overweight” rating on the stock.
- 1/29/2025 – Royal Caribbean Cruises had its price target raised by analysts at Argus from $280.00 to $305.00. They now have a “buy” rating on the stock.
- 1/29/2025 – Royal Caribbean Cruises had its price target raised by analysts at Citigroup Inc. from $283.00 to $304.00. They now have a “buy” rating on the stock.
- 1/27/2025 – Royal Caribbean Cruises had its price target raised by analysts at Wells Fargo & Company from $232.00 to $272.00. They now have an “overweight” rating on the stock.
- 1/24/2025 – Royal Caribbean Cruises had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $275.00 to $270.00. They now have a “buy” rating on the stock.
- 1/23/2025 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by analysts at Mizuho. They now have a $253.00 price target on the stock, down previously from $255.00.
- 1/17/2025 – Royal Caribbean Cruises had its price target raised by analysts at JPMorgan Chase & Co. from $253.00 to $295.00. They now have an “overweight” rating on the stock.
- 1/8/2025 – Royal Caribbean Cruises had its price target raised by analysts at Morgan Stanley from $190.00 to $210.00. They now have an “equal weight” rating on the stock.
Royal Caribbean Cruises Stock Performance
RCL stock traded up $3.23 during trading on Monday, reaching $237.49. 2,622,246 shares of the company’s stock were exchanged, compared to its average volume of 2,478,942. Royal Caribbean Cruises Ltd. has a 1-year low of $119.48 and a 1-year high of $277.08. The firm has a market cap of $63.92 billion, a PE ratio of 22.22, a P/E/G ratio of 0.90 and a beta of 2.59. The company’s fifty day moving average price is $244.35 and its 200-day moving average price is $213.32. The company has a quick ratio of 0.15, a current ratio of 0.17 and a debt-to-equity ratio of 2.39.
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.13. Royal Caribbean Cruises had a net margin of 17.46% and a return on equity of 48.97%. During the same period in the prior year, the company earned $1.25 earnings per share. On average, research analysts expect that Royal Caribbean Cruises Ltd. will post 14.9 EPS for the current fiscal year.
Royal Caribbean Cruises Increases Dividend
Insider Activity at Royal Caribbean Cruises
In other Royal Caribbean Cruises news, insider Laura H. Bethge sold 14,992 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $261.86, for a total transaction of $3,925,805.12. Following the completion of the transaction, the insider now directly owns 21,155 shares of the company’s stock, valued at approximately $5,539,648.30. This trade represents a 41.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Naftali Holtz sold 17,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $261.62, for a total value of $4,447,540.00. Following the completion of the sale, the chief financial officer now directly owns 42,127 shares in the company, valued at $11,021,265.74. This represents a 28.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 109,492 shares of company stock worth $28,571,705 over the last quarter. 7.95% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Royal Caribbean Cruises
Institutional investors and hedge funds have recently bought and sold shares of the business. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Royal Caribbean Cruises by 2.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,036 shares of the company’s stock worth $470,000 after purchasing an additional 39 shares in the last quarter. Ostrum Asset Management grew its position in Royal Caribbean Cruises by 0.3% in the fourth quarter. Ostrum Asset Management now owns 11,610 shares of the company’s stock worth $2,678,000 after buying an additional 40 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Royal Caribbean Cruises by 1.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,730 shares of the company’s stock valued at $630,000 after buying an additional 42 shares in the last quarter. Hemington Wealth Management lifted its position in shares of Royal Caribbean Cruises by 9.0% during the 4th quarter. Hemington Wealth Management now owns 533 shares of the company’s stock valued at $123,000 after acquiring an additional 44 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of Royal Caribbean Cruises by 3.6% during the 4th quarter. Verdence Capital Advisors LLC now owns 1,358 shares of the company’s stock worth $313,000 after acquiring an additional 47 shares in the last quarter. 87.53% of the stock is owned by institutional investors and hedge funds.
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.
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