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

232.48

Mkt cap

62B

Volume

1.4M

High

234.25

P/E Ratio

23.31

52-wk high

238.10

Low

230.48

Div yield

0.00

52-wk low

102.77

Royal Caribbean Gr (NYSE:RCL) has outperformed the market over the past 15 years with an average annual return of 16.41%, resulting in a $100 investment growing to $1,031.29. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 6:00 pm

Barclays analyst Brandt Montour maintains an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $244 to $245.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:52 pm

Goldman Sachs analyst Lizzie Dove has maintained a Buy rating on Royal Caribbean Group (NYSE:RCL) and raised the price target from $220 to $245.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:07 pm

B of A Securities analyst Andrew Didora maintains a Neutral rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $205 to $210.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:15 pm

Royal Caribbean Cruises Ltd. (NYSE:RCL) reported mixed Q3 results with revenue slightly missing expectations but EPS beating estimates. However, Goldman Sachs cautions about rising Q4 costs and lower EPS guidance, partly due to Hurricane Milton and cost shifts. Despite short-term concerns, long-term demand and pricing conditions are improving.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 6:17 pm

Tech stocks rose as investors anticipated earnings from major companies like Alphabet and AMD. The Nasdaq 100 gained 0.7%, while the S&P 500 remained stable. Gold hit record highs, and Bitcoin neared its all-time high. Treasury yields climbed amid fiscal concerns.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 5:54 pm

JP Morgan analyst Matthew Boss has maintained an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raised the price target from $213 to $243.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:01 pm

Royal Caribbean Group (NYSE:RCL) has seen a 3.69% increase in its short percent of float, now at 6.46%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.94%.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 4:00 pm

Royal Caribbean shares initially fell due to mixed Q3 earnings results but have since rebounded and are trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:07 pm

Royal Caribbean's executive stated that the US presidential elections have not impacted their bookings, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 2:41 pm

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