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

A Bloomberg survey indicates that over half of the participants expect U.S. personal consumption to drop by early 2024, marking the first quarterly dip post-pandemic. This could impact retail stocks, which have been booming in 2023. The SPDR Retail ETF (XRT), Carvana Co. (CVNA), Abercrombie & Fitch Co. (ANF), and Amazon.com Inc. (AMZN) have all seen positive returns. The Consumer Discretionary Select Sector SPDR Fund (XLY) and the SPDR S&P 500 ETF Trust (SPY) have also surged, as have Tesla Inc. (TSLA), Royal Caribbean Cruise Ltd. (RCL), and Carnival Corp. (CCL). However, concerns over escalating borrowing costs, depleting consumer savings, and rising debt indicators could pose challenges.

Portfolio Pulse from Piero Cingari

September 11, 2023 | 2:30 pm

A significant bullish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The price range targeted by these whales for Royal Caribbean Gr over the last 3 months is from $80.0 to $115.0. The current price of RCL is up 0.78% at $98.46.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 7:15 pm

Benzinga's options activity scanner has identified significant trading activity in the options of 10 consumer discretionary stocks. The stocks include Tesla (TSLA), General Motors (GM), Gaotu Techedu (GOTU), D.R. Horton (DHI), Las Vegas Sands (LVS), Dick's Sporting Goods (DKS), Lululemon Athletica (LULU), Home Depot (HD), Royal Caribbean Cruises (RCL), and Academy Sports and Outdoors (ASO). The options activity ranges from bullish to bearish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 5:35 pm

Unusual options activity has been observed for Royal Caribbean Gr (NYSE:RCL), with a large position indicating a bullish stance. The overall sentiment of these big-money traders is split between 64% bullish and 35% bearish. The price of RCL is up 2.25% at $100.53. Morgan Stanley has maintained their Equal-Weight rating on Royal Caribbean Gr, with a price target of $100.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:45 pm

Benzinga's options activity scanner has identified significant trading activity in the options of 10 consumer discretionary stocks. The stocks include Tesla (TSLA), XPeng (XPEV), Farfetch (FTCH), Rivian (RIVN), PulteGroup (PHM), Carvana (CVNA), Nike (NKE), Royal Caribbean (RCL), Booking Holdings (BKNG), and DoorDash (DASH). The options activity includes both call and put options, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 5:35 pm

Cruise stocks, including CCL, CUK, and RCL, are trading higher amid overall market strength. However, the travel sector may experience volatility due to concerns over COVID waves.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 6:04 pm

A whale investor has taken a bullish stance on Royal Caribbean Gr (NYSE:RCL), with 52% of investors opening trades with bullish expectations and 47% with bearish. The whale has been targeting a price range from $50.0 to $105.0 for RCL over the last 3 months. The price of RCL is up 3.49% at $102.83. Barclays, Morgan Stanley, Susquehanna, and Wells Fargo have maintained their ratings on RCL with price targets of $132, $100, $127, and $127 respectively.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 3:48 pm

By 2033, the travel industry is expected to account for more than 11.6% of the global economy, totaling $15.5 trillion, according to the World Travel & Tourism Council (WTTC). The industry is projected to provide employment to 430 million people, making up 1 in every 9 jobs worldwide. The U.S. travel industry will reach $3 trillion by 2033, representing 10.1% of the economy, while China's sector will grow to $4 trillion, accounting for 14.1% of the country's economy.

Portfolio Pulse from Shivani Kumaresan

August 21, 2023 | 3:35 pm

A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $55.0 to $105.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is $100.3, with various experts maintaining positive or equal-weight ratings with price targets ranging from $100 to $132.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 5:01 pm

Ryan Gutridge has been living and working remotely on a Royal Caribbean Cruises Ltd (NYSE:RCL) ship for two years, spending about the same amount as he would on apartment rent. He spends about $30,000 a year on cruise fares and has accumulated rewards points that have reduced his costs over time. Gutridge plans to eventually sell his apartment and car, as he spends about 90% of his time on the ship.

Portfolio Pulse from Adam Eckert

August 17, 2023 | 8:33 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.