Streetbeat News

RCL

Royal Caribbean Cruises Ltd.

https://www.rclinvestor.com

Industry

Travel Services

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

Open

221.79

Mkt cap

61B

Volume

1.8M

High

228.08

P/E Ratio

22.55

52-wk high

228.08

Low

221.07

Div yield

0.00

52-wk low

92.55

Argus Research has maintained its Buy rating on Royal Caribbean Group (NYSE:RCL) and raised the price target from $161 to $172, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:43 pm

Royal Caribbean Gr (NYSE:RCL) has received a mix of bullish and bearish ratings from 12 analysts in the latest quarter. The average 12-month price target is $162.08, reflecting a 6.98% increase from the previous target. Analysts have raised their price targets, indicating positive sentiment. Despite strong revenue growth, the company faces challenges in net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 1:00 pm

Truist Securities has maintained its Buy rating on Royal Caribbean Group (NYSE:RCL) and raised the price target from $151 to $175.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 10:49 am

Norwegian Cruise Line Holdings Ltd (NCLH) shares are trading higher after Mizuho Securities analyst Ben Chaiken upgraded the stock from Neutral to Buy and raised the price target from $21 to $24. The analyst cited valuation reset, cost-cutting measures, and favorable industry conditions as key factors.

Portfolio Pulse from Shivani Kumaresan

May 28, 2024 | 5:49 pm

Airbnb and Norwegian Cruise Holdings received analyst upgrades, signaling potential growth in the travel and leisure sector. ETFs tracking this sector have underperformed compared to the broader market, but improving outlooks are drawing investor interest.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 5:17 pm

Shares of Norwegian Cruise Line Holdings (NYSE:NCLH) surged over 7% following their 'Charting the Course' investor event, where management revised 2024 Adjusted EPS upwards. Analysts from Stifel and Goldman Sachs provided mixed reviews, with Stifel being more optimistic about long-term growth and Goldman Sachs maintaining a neutral stance due to short-term geopolitical concerns.

Portfolio Pulse from Hayden Buckfire

May 21, 2024 | 6:47 pm

Wall Street saw major indices reach new record highs, with the S&P 500, Nasdaq 100, and Dow Jones all posting gains. Gold hit a new all-time high, while cruise stocks rallied significantly. GameStop saw a sharp decline. Key movers included Moderna, Jabil, Hims & Hers Health, and Wix.com. Several companies are set to report earnings after the market close.

Portfolio Pulse from Piero Cingari

May 20, 2024 | 5:34 pm

Shares of cruise companies are trading higher following Norwegian Cruise Line's announcement of 2026 financial targets and an increase in its 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:03 pm

Carnival Corp (NYSE:CCL) and Royal Caribbean Cruises Ltd (NYSE:RCL) shares are moving higher following Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) raising its 2024 guidance and setting new 2026 financial targets. Norwegian's new strategy includes increased financial and sustainability targets, leading to a nearly 7% rise in its shares. Analysts have also raised price targets for Carnival and Royal Caribbean.

Portfolio Pulse from Adam Eckert

May 20, 2024 | 1:54 pm

Wells Fargo analyst Daniel Politzer maintains an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $159 to $165.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 2:14 pm

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