Royal Caribbean Cruises Ltd. (RCL)
| Market Cap | 40.30B |
| Revenue (ttm) | 14.74B |
| Net Income (ttm) | 2.10B |
| Shares Out | 257.35M |
| EPS (ttm) | 7.85 |
| PE Ratio | 19.95 |
| Forward PE | 13.54 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,341,662 |
| Open | 156.07 |
| Previous Close | 156.47 |
| Day's Range | 154.94 - 157.72 |
| 52-Week Range | 78.35 - 162.50 |
| Beta | 2.57 |
| Analysts | Strong Buy |
| Price Target | 158.65 (+1.3%) |
| Earnings Date | Jul 25, 2024 |
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 February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for RCL stock is "Strong Buy." The 12-month stock price forecast is $158.65, which is an increase of 1.30% from the latest price.
News
Hurricane Beryl Hits Cruise Stocks
Shares of cruise operators fell Monday as a Category 4 hurricane forced ships to reroute in the Atlantic Ocean, a potential early indicator of a dangerous hurricane season this year.
Nine hot stocks, including Nvidia, that have become more attractive by this critical metric
Exactly a month ago, we pointed out that although Nvidia Corp.'s stock had risen 553% from three years earlier, its forward price-to-earnings valuation had declined. With so much in flux, as analysts ...
CHEERS TO WEEKEND ENERGY: UTOPIA OF THE SEAS OFFICIALLY JOINS ROYAL CARIBBEAN
The ultimate short getaway gets ready for its July debut from Port Canaveral (Orlando), Florida MIAMI , June 14, 2024 /PRNewswire/ -- It's time to gear up for weekend energy any day of the week. Royal...
Royal Caribbean Is in for Smooth Sailing. Cruise Demand Runs Deep.
As travel expenses have skyrocketed, cruise passengers get more bang for their buck, analysts say.
CELEBRITY XCEL KEEL LAYING CEREMONY MARKS NEW LEVEL OF EXCELLENCE FOR PREMIUM CRUISING
Construction begins on the fifth vessel in the brand's award-winning Edge Series setting sail in fall 2025. SAINT-NAZAIRE, France , June 13, 2024 /PRNewswire/ -- The future of elevated travel at sea ...
Royal Caribbean Group Introduces Industry-First Loyalty Status Match Program Across Its Brands - Royal Caribbean International, Celebrity Cruises and Silversea
On its pursuit to transform a vacation of a lifetime into a lifetime of vacations, Royal Caribbean Group takes another step forward in enhancing its guest experience and rewarding guests across its ec...
Why Are Cruise Stocks Still Dead in the Water?
Carnival, Royal Caribbean and Norwegian have largely recovered from the pandemic, but investors are wary.
Royal Caribbean and Carnival stocks face this 1 key risk
Cruise stocks are thriving, helped by strong demand and soaring revenue in key countries. Royal Caribbean (NYSE: RCL) stock price has jumped by over 90% while Carnival (LON: CCL) has surged by over 40...
THE SUITE LIFE: CELEBRITY CRUISES ELEVATES 'THE RETREAT' EXPERIENCE
With enhanced offerings and new personalized amenities, The Retreat delivers the most elevated experience at sea MIAMI , May 23, 2024 /PRNewswire/ -- Celebrity Cruises® takes the suite life to new he...
Cruise lines are thriving despite inflation and higher booking costs
Even though inflation is still taking a massive bite out of household budgets, demand for cruises has been surging. Many major cruise operators reported record demand in recent weeks.
$NCLH, $CCL, $RCL: why are cruise stocks gaining today?
Cruise stocks are in the green at writing after Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) talked of “very strong demand” at its investor conference on Monday.
CELEBRITY CRUISES FIRST-EVER EDGE SERIES ALASKA ITINERARIES SET SAIL
Celebrity Cruises elevates bucket list experiences on Celebrity Edge whilst energizing communities with impact projects in Alaska MIAMI , May 17, 2024 /PRNewswire/ -- For the first time ever, Celebrit...
CELEBRITY CRUISES' REVOLUTIONARY SHIP CELEBRITY APEX® HOMEPORTS IN SOUTHAMPTON FOR FIRST-EVER SEASON FROM THE UK
Beginning today, guests can experience an elevated cruising experience directly from Southampton MIAMI , May 15, 2024 /PRNewswire/ -- Setting sail today for her debut season from Southampton, Celebrit...
Royal Caribbean recruiting up to 10K workers in 2024 to meet record cruise demand
The number of people taking cruises hit an all-time high in 2023, and with the surge in demand and larger vessels, labor needs are growing.
Royal Caribbean goes on a hiring spree as demand for cruises hits record high in 2023
Royal Caribbean Group is embarking on a massive recruitment drive, planning to hire around 10,000 workers in 2024 to staff its ships and private destinations amid record-breaking demand for cruises.
Exclusive: Royal Caribbean recruiting thousands to meet surging demand, sources say
Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to recruit thousands of workers to staff its ships and private destinations to keep up with recor...
Ahead of retail earnings, here's what we know about the consumer so far
Home Depot and Walmart kick off first-quarter retail earnings next week.
These undervalued cruise stocks could gain in 2024 as passenger numbers jump
Cruise lines served a total of 31.7 million passengers last year – up significantly from 4.8 million only in 2021. Simply put, the industry has made an exceptionally strong comeback after the pandemi...
Travel demand is strong as vacationers look to experiences: Royal Caribbean CFO
Cruise line operators are catching the perfect wind and setting sail, coming at an opportune moment when the airline industry has been rattled by major headwinds tied to Boeing's (BA) manufacturing tr...
Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and Sea
The New Partnership Offers Vacationers and Team Members Rewards at Hard Rock and Seminole Casinos, Hotels and Cafes, and on Royal Caribbean International and Celebrity Cruises Vacations HOLLYWOOD, Fl...
Royal Caribbean CEO: Consumer doing exceptionally well, demand is strong and accelerating
Jason Liberty, Royal Caribbean CEO, joins 'Money Movers' to discuss what's driving the company's demand, what's allowing the company to raise prices, and the return on investment for private islands.
Royal Caribbean's stock rallied toward a record after a big profit beat and raised outlook, as cruise demand remained ‘very robust'
Shares of Royal Caribbean Group RCL, +0.04% surged 6.1% into record into record territory in premarket trading Thursday, after the cruise operator swung to a first-quarter profit beat expectations by ...
Royal Caribbean lifts annual profit view as cruise demand soars
Royal Caribbean Group on Thursday raised its annual profit forecast for a second time, benefiting from record demand for cruises and robust onboard spending.
ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND
Strong demand and strength in onboard spend drive first quarter earnings Record bookings and booked position continue to provide strong momentum to 2024 Adjusted EPS in 2024 is now expected to be $10...
Royal Caribbean Stock Can Cruise Higher After Earnings. What Investors Need to Hear.
It was a bumper 2023 for the industry and the company has even greater expectations for this year. The stock, however, is yet to reflect that optimism.