1 week Ago By ABMN Staff
Royal Caribbean Cruises Ltd. ( NYSE:RCL – Get Free Report ) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company.
The average 1 year price objective among brokerages that have covered the stock in the last year is $182.13. Several research analysts have recently issued reports on the stock.
Truist Financial raised their target price on shares of Royal Caribbean Cruises from $151.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th.
Argus lifted their target price on shares of Royal Caribbean Cruises from $161.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th.
JPMorgan Chase & Co. increased their price target on Royal Caribbean Cruises from $175.00 to $210.
00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. StockNews.com raised Royal Caribbean Cruises from a “sell” rating to a “hold” rating in a research note on Friday.
Finally, Barclays increased their target price on Royal Caribbean Cruises from $185.00 to $195.00 and gave the company an “overweight” rating in a research note on Friday, July 26th.
Get Our Latest Stock Report on Royal Caribbean Cruises Insider Buying and Selling Hedge Funds Weigh In On Royal Caribbean Cruises Hedge funds have recently modified their holdings of the stock. Blair William & Co. IL grew its stake in Royal Caribbean Cruises by 37.
4% in the first quarter. Blair William & Co. IL now owns 102,133 shares of the company’s stock valued at $14,197,000 after purchasing an additional 27,819 shares in the last quarter.
Keystone Financial Group bought a new position in shares of Royal Caribbean Cruises in the fourth quarter valued at $209,000. Quadrant Capital Group LLC increased its holdings in Royal Caribbean Cruises by 19.0% during the fourth quarter.
Quadrant Capital Group LLC now owns 1,788 shares of the company’s stock worth $232,000 after buying an additional 285 shares during the last quarter. Franklin Resources Inc. raised its position in Royal Caribbean Cruises by 12.
0% during the fourth quarter. Franklin Resources Inc. now owns 166,632 shares of the company’s stock worth $21,577,000 after acquiring an additional 17,815 shares in the last quarter.
Finally, QRG Capital Management Inc. lifted its stake in Royal Caribbean Cruises by 17.2% in the second quarter.
QRG Capital Management Inc. now owns 38,613 shares of the company’s stock valued at $6,156,000 after acquiring an additional 5,655 shares during the last quarter. Institutional investors own 87.
53% of the company’s stock. Royal Caribbean Cruises Price Performance RCL opened at $156.55 on Friday.
The company has a debt-to-equity ratio of 3.20, a current ratio of 0.19 and a quick ratio of 0.
17. The stock has a market capitalization of $40.29 billion, a P/E ratio of 20.
17, a price-to-earnings-growth ratio of 0.47 and a beta of 2.61.
The company’s 50 day simple moving average is $159.07 and its 200-day simple moving average is $146.50.
Royal Caribbean Cruises has a one year low of $78.35 and a one year high of $173.37.
Royal Caribbean Cruises ( NYSE:RCL – Get Free Report ) last announced its quarterly earnings data on Thursday, July 25th. The company reported $3.21 EPS for the quarter, beating analysts’ consensus estimates of $2.
76 by $0.45. The firm had revenue of $4.
10 billion for the quarter, compared to analyst estimates of $4.05 billion. Royal Caribbean Cruises had a return on equity of 52.
49% and a net margin of 16.32%. The business’s quarterly revenue was up 16.
4% compared to the same quarter last year. During the same period last year, the company earned $1.82 EPS.
Sell-side analysts anticipate that Royal Caribbean Cruises will post 11.65 earnings per share for the current fiscal year. Royal Caribbean Cruises Announces Dividend The business also recently disclosed a — dividend, which will be paid on Friday, October 11th.
Stockholders of record on Friday, September 20th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 20th.
Royal Caribbean Cruises’s dividend payout ratio is 20.62%. About Royal Caribbean Cruises ( Get Free Report 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.
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