What is William Blair’s Estimate for RCL FY2026 Earnings?

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Analysts at William Blair cut their FY2026 EPS estimates for Royal Caribbean Cruises in a research report issued on Wednesday, January 22nd. William Blair analyst S. Zackfia now forecasts that the company will earn $17.00 per share for the year, down from their previous forecast of $17.69. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $11.66 per share.

Royal Caribbean Cruises (NYSE:RCL) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $5.20 earnings per share for the quarter, beating the consensus estimate of $5.05 by $0.15. Royal Caribbean Cruises had a return on equity of 52.92% and a net margin of 16.21%. The firm had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.89 billion. During the same period in the prior year, the business posted $3.85 earnings per share. The company’s revenue was up 17.5% on a year-over-year basis.

Several other research firms have also recently weighed in on RCL. Stifel Nicolaus upped their price objective on shares of Royal Caribbean Cruises from $250.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Bank of America upped their price objective on shares of Royal Caribbean Cruises from $210.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. upped their price objective on shares of Royal Caribbean Cruises from $253.00 to $295.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Truist Financial upped their target price on Royal Caribbean Cruises from $204.00 to $272.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Finally, Macquarie upped their target price on Royal Caribbean Cruises from $189.00 to $250.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $249.81.

Royal Caribbean Cruises Trading Down 2.3 %

Shares of RCL opened at $232.59 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.19 and a debt-to-equity ratio of 2.63. The business’s 50-day moving average price is $237.76 and its 200-day moving average price is $198.74. The stock has a market cap of $62.54 billion, a PE ratio of 23.90, a P/E/G ratio of 0.50 and a beta of 2.59. Royal Caribbean Cruises has a twelve month low of $113.10 and a twelve month high of $258.70.

Royal Caribbean Cruises Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Shareholders of record on Friday, December 27th were paid a dividend of $0.55 per share. The ex-dividend date was Friday, December 27th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.95%. Royal Caribbean Cruises’s dividend payout ratio is currently 22.61%.

Insider Buying and Selling at Royal Caribbean Cruises

In related news, CAO Henry L. Pujol sold 6,723 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $208.51, for a total transaction of $1,401,812.73. Following the completion of the transaction, the chief accounting officer now directly owns 9,964 shares in the company, valued at approximately $2,077,593.64. The trade was a 40.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard D. Fain sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $210.02, for a total value of $5,250,500.00. Following the completion of the transaction, the director now owns 204,521 shares of the company’s stock, valued at $42,953,500.42. The trade was a 10.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 404,332 shares of company stock worth $94,299,521 in the last three months. 7.95% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Sector Pension Investment Board raised its holdings in shares of Royal Caribbean Cruises by 93.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 8,127 shares of the company’s stock worth $1,296,000 after acquiring an additional 3,925 shares in the last quarter. MBB Public Markets I LLC raised its holdings in Royal Caribbean Cruises by 423.8% during the 2nd quarter. MBB Public Markets I LLC now owns 17,112 shares of the company’s stock valued at $2,728,000 after buying an additional 13,845 shares during the period. NewEdge Advisors LLC raised its holdings in Royal Caribbean Cruises by 144.4% during the 2nd quarter. NewEdge Advisors LLC now owns 14,115 shares of the company’s stock valued at $2,250,000 after buying an additional 8,340 shares during the period. EP Wealth Advisors LLC purchased a new stake in Royal Caribbean Cruises during the 2nd quarter valued at $260,000. Finally, Hershey Financial Advisers LLC purchased a new stake in Royal Caribbean Cruises during the 2nd quarter valued at $1,595,000. 87.53% of the stock is currently owned by institutional investors.

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.