Royal Caribbean Cruises Ltd. (RCL)
| Market Cap | 77.52B +13.6% |
| Revenue (ttm) | 18.39B +9.7% |
| Net Income | 4.48B +37.9% |
| EPS | 16.43 +33.6% |
| Shares Out | 268.19M |
| PE Ratio | 17.59 |
| Forward PE | 16.48 |
| Dividend | $6.00 (2.08%) |
| Ex-Dividend Date | Jun 3, 2026 |
| Volume | 2,878,052 |
| Open | 279.99 |
| Previous Close | 284.63 |
| Day's Range | 275.35 - 293.10 |
| 52-Week Range | 232.10 - 366.50 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 336.96 (+16.58%) |
| Earnings Date | Apr 30, 2026 |
About RCL
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 December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
Financial Performance
In 2025, Royal Caribbean Cruises's revenue was $17.94 billion, an increase of 8.80% compared to the previous year's $16.48 billion. Earnings were $4.27 billion, an increase of 48.35%.
Financial StatementsAnalyst Summary
According to 27 analysts, the average rating for RCL stock is "Buy." The 12-month stock price target is $336.96, which is an increase of 16.58% from the latest price.
News
Loop starts Royal Caribbean at Hold after recent rally
Loop Capital analyst Brandon Rolle initiated coverage of Royal Caribbean (RCL) with a Hold rating and $304 price target The firm views the short- and long-term outlook for the cruise…
Royal Caribbean initiated with a Hold at Loop Capital
Loop Capital initiated coverage of Royal Caribbean (RCL) with a Hold rating and $304 price target
Cruise stocks move higher after Axios report of U.S., Iran deal
Companies in the cruise space include Carnival (CCL), Norwegian Cruise Line (NCLH), Royal Caribbean (RCL) and Viking Holdings (VIK).
Royal Caribbean scraps Mexico water park after environmental backlash, president says
Cruise company Royal Caribbean decided to withdraw a large water park project it planned on Mexico's Caribbean coast following Mexican authorities' rejection of the project, President Claudia ...
Cruise Lines Are Sold Out And Airlines Are Adding Capacity. The Market Isn't Paying Attention
With the busy summer travel season upon us, the average price of gas in the U.S. is approaching $4.50 per gallon, a four-year high. Travel costs in general—including flights, lodging, food, car rental...
Royal Caribbean price target lowered to $280 from $310 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Royal Caribbean (RCL) to $280 from $310 and keeps an Equal Weight rating on the shares. The firm says the Mexican government’s…
Royal Caribbean price target lowered to $297 from $318 at Truist
Truist lowered the firm’s price target on Royal Caribbean (RCL) to $297 from $318 and keeps a Hold rating on the shares. Following Q1 earnings and outlooks three weeks ago…
Stifel says Royal Caribbean Perfect Day Mexico review could be political game
Stifel analyst Steven Wieczynski noted Royal Caribbean’s (RCL) Perfect Day Mexico development is under review by the Mexican government. The firm thinks this sudden uncertainty about one of Royal Cari...
Royal Caribbean responds to SEMARNAT saying will deny Perfect Day approval
In a regulatory filing, Royal Caribbean (RCL) stated: “Royal Caribbean Cruises is furnishing this statement in response to public statements made by the head of the Mexican Secretariat of Environment…
Mexico rejects Royal Caribbean’s Perfect Day Mexico project, says Goldman Sachs
Goldman Sachs tells investors in a research note that Royal Caribbean (RCL) faces renewed uncertainty around its proposed “Perfect Day Mexico” development after Mexican Environment Minister Alicia Bar...
Royal Caribbean water park rejected by Mexico, Reuters reports
Royal Caribbean (RCL) has had its planned large water park on Mexico’s Caribbean coast rejected by authorities following environmental concerns and local opposition, according to Environment Minister ...
Mexico to reject Royal Caribbean 'Perfect Day' project, minister says
Mexico's Environment Minister Alicia Barcena said on Tuesday that Royal Caribbean's "Perfect Day" project in the state of Quintana Roo "is not going to be approved."
Sheinbaum says concerns about Royal Caribbean project legitimate, RMN reports
Mexican President Claudia Sheinbaum has conditioned Royal Caribbean’s (RCL) planned “Perfect Day” water park in Mahahual, Quintana Roo, on the preservation of the local ecosystem, reported Riviera May...
Mizuho sees possible opening delay for Royal’s Perfect Day Mexico
Mizuho highlights media reports of a recent Greenpeace protest in Mexico City targeting the opening of Royal Caribbean’s (RCL) private destination Perfect Day Mexico. The articles mention President Sh...
10 side-by-side photos show how a Royal Caribbean cruise ship transforms with colorful lights at night
Royal Caribbean's Wonder of the Seas is one of the largest cruise ships in the world. When the sun goes down, the ship glows with bright, color-changing lights on its outdoor decks.
Royal Caribbean price target lowered to $337 from $350 at TD Cowen
TD Cowen lowered the firm’s price target on Royal Caribbean (RCL) to $337 from $350 and keeps a Buy rating on the shares. The firm is updating its industry and…
Royal Caribbean price target lowered to $309 from $321 at UBS
UBS analyst Robin Farley lowered the firm’s price target on Royal Caribbean (RCL) to $309 from $321 and keeps a Buy rating on the shares.
Royal Caribbean Group Declares Dividend
MIAMI, May 5, 2026 /PRNewswire/ -- The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on July 2, 2026, to shareholders of...
Royal Caribbean CEO Sees Robust Demand Despite Risks
Royal Caribbean CEO Jason Liberty discusses the cruise operator's outlook following a strong earnings report and raised full-year forecast. Speaking on "Bloomberg Markets," Liberty says bookings remai...
QCOM Rally, RCL Regains Bookings Pace, LLY Soars
While Mag 7 names take a lot of the headlines after earnings, the moves from Qualcomm (QCOM), Royal Caribbean (RCL) and Eli Lilly (LLY) are on Diane King Hall's radar following Thursday's open. She br...
Royal Caribbean Cruises Earnings Call Transcript: Q1 2026
First quarter revenue and earnings exceeded expectations, driven by strong demand, record guest satisfaction, and robust onboard spending. Despite geopolitical headwinds impacting Mediterranean and Mexico itineraries, guidance remains for double-digit revenue and earnings growth, with continued investment in new ships, destinations, and digital initiatives.
Royal Caribbean Cruises Earnings release: Q1 2026
Royal Caribbean Cruises released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.
Royal Caribbean Cruises Slides: Q1 2026
Royal Caribbean Cruises has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
Royal Caribbean Cruises Quarterly report: Q1 2026
Royal Caribbean Cruises has published its Q1 2026 quarterly earnings report on April 30, 2026.
Royal Caribbean says people booking cruises aren't so worried about Iran anymore
Shares of Royal Caribbean bounced sharply in early Thursday trading, after the cruise operator beat first-quarter profit expectations and said cruise demand had returned to levels seen before the Iran...