Royal Caribbean Cruises Ltd. (RCL)
| Market Cap | 71.06B -28.0% |
| Revenue (ttm) | 18.68B +8.7% |
| Net Income | 4.40B +22.1% |
| EPS | 16.21 +20.4% |
| Shares Out | 267.45M |
| PE Ratio | 16.39 |
| Forward PE | 14.09 |
| Dividend | $6.00 (2.26%) |
| Ex-Dividend Date | Jun 3, 2026 |
| Volume | 2,011,607 |
| Open | 267.13 |
| Previous Close | 268.74 |
| Day's Range | 263.55 - 269.00 |
| 52-Week Range | 232.10 - 362.79 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 346.92 (+30.57%) |
| Earnings Date | Jul 28, 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 28 analysts, the average rating for RCL stock is "Buy." The 12-month stock price target is $346.92, which is an increase of 30.57% from the latest price.
News
Royal Caribbean Group Declares Dividend
MIAMI, Sept. 1, 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 October 8, 2026, to shareholde...
Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2034
MIAMI, Aug. 20, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its registered public offering of $1.25 billion aggregate principal ...
Southwest names Royal Caribbean CEO, Rocket Companies CEO to board
Southwest Airlines (LUV) today announced Jason Liberty, chairman and CEO, Royal Caribbean (RCL), and Varun Krishna, CEO, Rocket Companies (RKT), will join the company’s board of directors, effective i...
Southwest names Jason Liberty, Varun Krishna to board of directors
Southwest Airlines (LUV) announced Jason Liberty, Chairman and Chief Executive Officer, Royal Caribbean Group (RCL), and Varun Krishna, Chief Executive Officer, Rocket Companies (RKT), will join the c...
CELEBRITY CRUISES UNVEILS UNMATCHED EUROPEAN VACATIONS AND ITINERARIES ON ALL SEVEN CONTINENTS IN 2028 AND 2029
An exciting Europe season includes new ways to experience the region, as Celebrity Beyond returns for the first time following a 2026 renewal. Enhanced outdoor escapes include the Celebrity Pool Club ...
Royal Caribbean Group announces pricing of $1.25 billion senior unsecured notes due 2034
MIAMI, Aug. 6, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a registered public offering of $1.25 billion aggregate principal amount...
Royal Caribbean Group announces proposed offering of senior unsecured notes
MIAMI, Aug. 6, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has commenced a registered public offering of senior unsecured notes (the "Notes").
Royal Caribbean price target raised to $300 from $280 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Royal Caribbean (RCL) to $300 from $280 and keeps an Equal Weight rating on the shares. The firm increased its FY26 EPS…
Royal Caribbean downgraded to Hold from Buy at Freedom Broker
Freedom Broker downgraded Royal Caribbean (RCL) to Hold from Buy with a price target of $351, up from $320.
Freedom downgrades Royal Caribbean on valuation after rally
Freedom Broker analyst Manuchekhr Narzulloev downgraded Royal Caribbean (RCL) to Hold from Buy with a price target of $351, up from $320. The company reported Q2 results ahead of expectations…
Royal Caribbean price target raised to $372 from $350 at Susquehanna
Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on Royal Caribbean (RCL) to $372 from $350 and keeps a Positive rating on the shares. The firm updated its model…
Royal Caribbean price target raised to $415 from $410 at Stifel
Stifel raised the firm’s price target on Royal Caribbean (RCL) to $415 from $410 and keeps a Buy rating on the shares.
Royal Caribbean price target raised to $330 from $310 at BofA
BofA raised the firm’s price target on Royal Caribbean (RCL) to $330 from $310 and keeps a Neutral rating on the shares. Q2 results and the outlook were “broadly in…
Royal Caribbean price target raised to $388 from $361 at Wells Fargo
Wells Fargo analyst Trey Bowers raised the firm’s price target on Royal Caribbean (RCL) to $388 from $361 and keeps an Overweight rating on the shares. The firm cites another…
Royal Caribbean price target raised to $362 from $327 at Citi
Citi raised the firm’s price target on Royal Caribbean (RCL) to $362 from $327 and keeps a Buy rating on the shares. The company spoke of positive trends on the…
Royal Caribbean yields to accelerate in Q4 at William Blair
William Blair keeps an Outperform rating on Royal Caribbean (RCL) after its Q2 earnings beat while also raising the firm’s EPS target for FY26 to $17.81 from $17.28 and FY27…
Tuesday's Morning Movers: RCL Stalls, PYPL & KO Rally on Earnings
Royal Caribbean (RCL) lowered its revenue guidance for the year but posted a quarterly earnings beat. Diane King Hall notes the downside price action and discusses the direction Royal Caribbean needs ...
Royal Caribbean Cruises Earnings Call Transcript: Q2 2026
Second quarter results surpassed expectations with strong revenue, yield, and EPS growth. Robust demand, record pricing, and high guest satisfaction support an improved full-year outlook, despite geopolitical headwinds in Europe. Capital returns and investments in technology and destinations continue.
Royal Caribbean Cruises Earnings release: Q2 2026
Royal Caribbean Cruises released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
Royal Caribbean Cruises Slides: Q2 2026
Royal Caribbean Cruises has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
Royal Caribbean Cruises Quarterly report: Q2 2026
Royal Caribbean Cruises has published its Q2 2026 quarterly earnings report on July 28, 2026.
Royal Caribbean trims revenue forecast on booking hit from geopolitical tensions
Royal Caribbean cut its annual revenue forecast on Tuesday, warning that prolonged geopolitical tensions were weighing on bookings for some sailings.
Royal Caribbean Cuts Revenue Outlook as Bookings Remain Pressured
Royal Caribbean Group cut its revenue outlook for the year, as prolonged geopolitical uncertainty hurt bookings in the second quarter.
ROYAL CARIBBEAN GROUP REPORTS SECOND QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCE
MIAMI, July 28, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported second quarter Earnings per Share ("EPS") of $4.20 and Adjusted EPS of $4.21. These results were better than the c...
Royal Caribbean Earnings Will Chart the Course for Cruise Stocks
The cruise operator has outperformed its peers this year and its earnings should keep that trend going.