Royal Caribbean Cruises Ltd. (RCL)

NYSE: RCL · IEX Real-Time Price · USD
141.74
+0.06 (0.04%)
At close: May 9, 2024, 4:00 PM
141.80
+0.06 (0.04%)
After-hours: May 9, 2024, 7:56 PM EDT
0.04%
Market Cap 36.48B
Revenue (ttm) 14.74B
Net Income (ttm) 2.10B
Shares Out 257.35M
EPS (ttm) 7.85
PE Ratio 18.06
Forward PE 13.64
Dividend n/a
Ex-Dividend Date n/a
Volume 1,137,554
Open 140.95
Previous Close 141.68
Day's Range 140.35 - 142.39
52-Week Range 73.93 - 143.93
Beta 2.50
Analysts Strong Buy
Price Target 139.38 (-1.67%)
Earnings Date Apr 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]

Industry Travel Services
Founded 1968
Employees 98,200
Stock Exchange NYSE
Ticker Symbol RCL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for RCL stock is "Strong Buy." The 12-month stock price forecast is $139.38, which is a decrease of -1.67% from the latest price.

Price Target
$139.38
(-1.67% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

1 day ago - New York Post

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.

1 day ago - Invezz

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...

2 days ago - Reuters

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.

Other symbols: AMZNHDSBUXWMT
2 days ago - CNBC

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...

Other symbols: CCLNCLH
6 days ago - Invezz

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...

13 days ago - Yahoo Finance

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...

13 days ago - PRNewsWire

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.

14 days ago - CNBC Television

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 ...

14 days ago - Market Watch

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.

14 days ago - Reuters

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...

14 days ago - PRNewsWire

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.

15 days ago - Barrons

FIRST CELEBRITY CRUISES GUESTS ENJOY PERFECT DAY AT COCOCAY

Inaugural calls by Celebrity Reflection and Celebrity Beyond usher in offering of short, premium Caribbean getaways MIAMI , April 23, 2024 /PRNewswire/ -- Celebrity Cruises® guests visited Perfect Day...

16 days ago - PRNewsWire

CONSTRUCTION BEGINS ON ROYAL CARIBBEAN'S FIRST ROYAL BEACH CLUB

The New Experience on Paradise Island in The Bahamas Opens in 2025 MIAMI , April 22, 2024 /PRNewswire/ -- Royal Caribbean International and The Bahamas marked the start of a new adventure today as the...

17 days ago - PRNewsWire

Royal Caribbean Group Shares Comprehensive Update on its Decarbonization Journey

Together, with its first Community Impact Report, the company details its progress its net-zero ambitions and supporting the communities it visits  MIAMI , April 22, 2024 /PRNewswire/ -- Today, Royal ...

17 days ago - PRNewsWire

Carnival vs Royal Caribbean: which is the best cruise stock to buy?

Royal Caribbean (NYSE: RCL) and Carnival (NYSE: CCL) stock prices have diverged sharply in the past few months as demand in the cruise industry rebounds. RCL shares are down by just 22 basis points th...

Other symbols: CCL
18 days ago - Invezz

How Royal Caribbean And Carnival Made A Comeback

Royal Caribbean is leading the $61 billion cruise industry's comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever r...

Other symbols: CCL
18 days ago - CNBC

How Royal Caribbean is leading the charge in the cruise industry comeback

The cruise industry has made a comeback, and Royal Caribbean is leading the charge.

24 days ago - CNBC

Bert Hernandez Named Brand President of Silversea

Barbara Muckermann Steps Down to Pursue Other Opportunities MIAMI , April 12, 2024 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) announced that Barbara Muckermann will depart Royal Caribbea...

27 days ago - PRNewsWire

ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON FIRST QUARTER 2024 EARNINGS

MIAMI , April 11, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) has scheduled a conference call for 10:00 a.m. Eastern Time, Thursday, April 25, 2024, to discuss the company's first quarter 2...

4 weeks ago - PRNewsWire

Among the biggest winners today are some major long-term losers, says Jim Cramer

'Mad Money' host Jim Cramer looks at today's market winners and losers.

Other symbols: MRNANVDA
4 weeks ago - CNBC Television

Royal Caribbean Shares Sink Over 5% On Troubling Week

Shares of Royal Caribbean sunk to a one-month low Tuesday morning, dropping more than 5% on the day following a string of troubling incidents, a setback for the world's biggest cruise line as it looks...

4 weeks ago - Forbes

'NOTHING COMES CLOSE' TO THE ELEVATED EXPERIENCE OF CELEBRITY CRUISES

New brand positioning highlights unmatched vacation offerings from the perspective of guests MIAMI , April 8, 2024 /PRNewswire/ -- Celebrity Cruises ® is extending an irresistible invitation to discer...

4 weeks ago - PRNewsWire

ROYAL CARIBBEAN AND MAKE-A-WISH JOIN FORCES IN COMMITMENT TO KIDS AND FAMILIES WORLDWIDE

The Cruise Line's Wishes at Sea Program Will Support the Organization in a Multiyear Partnership MIAMI, April 3, 2024 /PRNewswire/ -- Life-changing memories are set to reach new heights for many kids ...

5 weeks ago - PRNewsWire

COZUMEL MARKS THE SPOT: ROYAL CARIBBEAN ANNOUNCES NEW ROYAL BEACH CLUB IN MEXICO

Royal Beach Club Cozumel is Next in the Cruise Line's Destinations Lineup, Opening in 2026 MIAMI , March 22, 2024 /PRNewswire/ -- Royal Caribbean International is putting a new beach club experience o...

6 weeks ago - PRNewsWire