William Blair Has Positive Outlook of RCL FY2026 Earnings

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Investment analysts at William Blair upped their FY2026 earnings estimates for Royal Caribbean Cruises in a report released on Tuesday, January 28th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $17.69 per share for the year, up from their prior forecast of $17.00. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $15.00 per share.

Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, January 28th. The company reported $1.63 EPS 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 previous year, the company posted $1.25 earnings per share.

A number of other research analysts also recently commented on RCL. Macquarie upped their price objective on shares of Royal Caribbean Cruises from $250.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday. Wells Fargo & Company lifted their price target on shares of Royal Caribbean Cruises from $232.00 to $272.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Tigress Financial upped their price objective on Royal Caribbean Cruises from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com upgraded Royal Caribbean Cruises from a “sell” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, Susquehanna upped their price target on Royal Caribbean Cruises from $245.00 to $305.00 and gave the stock a “positive” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $274.19.

Royal Caribbean Cruises Stock Performance

Royal Caribbean Cruises stock opened at $266.48 on Friday. The stock has a fifty day moving average price of $239.86 and a 200 day moving average price of $201.20. The company has a current ratio of 0.17, a quick ratio of 0.16 and a debt-to-equity ratio of 2.39. Royal Caribbean Cruises has a 52 week low of $113.10 and a 52 week high of $277.08. The firm has a market capitalization of $71.65 billion, a P/E ratio of 24.93, a PEG ratio of 0.55 and a beta of 2.59.

Institutional Investors Weigh In On Royal Caribbean Cruises

A number of institutional investors have recently modified their holdings of the stock. Park Avenue Securities LLC increased its holdings in Royal Caribbean Cruises by 20.1% in the fourth quarter. Park Avenue Securities LLC now owns 6,630 shares of the company’s stock valued at $1,530,000 after buying an additional 1,111 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Royal Caribbean Cruises by 76.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 28,991 shares of the company’s stock worth $5,142,000 after acquiring an additional 12,530 shares in the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Royal Caribbean Cruises by 2.6% in the 3rd quarter. Wedge Capital Management L L P NC now owns 289,518 shares of the company’s stock valued at $51,349,000 after acquiring an additional 7,298 shares during the last quarter. Souders Financial Advisors acquired a new stake in shares of Royal Caribbean Cruises during the 3rd quarter valued at approximately $800,000. Finally, Merit Financial Group LLC lifted its stake in Royal Caribbean Cruises by 541.0% during the fourth quarter. Merit Financial Group LLC now owns 9,897 shares of the company’s stock worth $2,283,000 after purchasing an additional 8,353 shares during the last quarter. Institutional investors and hedge funds own 87.53% of the company’s stock.

Insiders Place Their Bets

In other Royal Caribbean Cruises news, Director Arne Alexander Wilhelmsen sold 230,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $233.62, for a total value of $53,732,600.00. Following the transaction, the director now directly owns 18,556,860 shares of the company’s stock, valued at $4,335,253,633.20. This represents a 1.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Harri U. Kulovaara sold 3,256 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $234.62, for a total transaction of $763,922.72. Following the sale, the executive vice president now directly owns 22,348 shares of the company’s stock, valued at $5,243,287.76. The trade was a 12.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 372,609 shares of company stock worth $87,647,208 in the last quarter. 7.95% of the stock is owned by corporate insiders.

Royal Caribbean Cruises Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Friday, December 27th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, December 27th. Royal Caribbean Cruises’s dividend payout ratio (DPR) is 20.58%.

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.