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

Truist Securities has maintained a Buy rating on Royal Caribbean Group (NYSE:RCL) and increased the price target from $175 to $204, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:30 pm

Royal Caribbean Gr's short interest has decreased by 31.7%, with 11.10 million shares sold short, representing 6.29% of its float. This is below the peer group average of 6.86%, indicating a relatively bullish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 6:45 pm

Royal Caribbean has priced an upsized offering of $1.5 billion in 5.625% senior unsecured notes due 2031. The proceeds will be used to refinance existing debt, including redeeming 7.250% senior notes due 2030 and repaying obligations under the Silver Dawn finance lease.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:18 am

JP Morgan analyst Matthew Boss maintains an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $210 to $213.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:21 pm

Cruise stocks, including Royal Caribbean, Carnival, and Norwegian Cruise Line, are expected to perform well into 2025 due to strong demand and pricing power. Analysts see no signs of demand softening, with significant bookings already for 2025. Each company is leveraging unique strengths to capitalize on the industry's recovery.

Portfolio Pulse from Surbhi Jain

September 16, 2024 | 2:05 pm

Royal Caribbean Cruises is offering $1 billion in senior unsecured notes due 2031 to redeem and repay existing debt, including 7.250% Senior Notes due 2030 and obligations under the Silver Dawn finance lease.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:31 am

The cruise industry is experiencing a steady rise in web traffic, indicating growing consumer interest, while other travel sectors like airlines and hotels see declines. Carnival, Royal Caribbean, and Norwegian Cruise Line stocks showed mixed pre-market movements.

Portfolio Pulse from Michael Juliano

September 12, 2024 | 2:21 pm

Recent options trading trends for Royal Caribbean Gr (NYSE:RCL) show a bearish sentiment, with 44% of traders bearish and only 11% bullish. The stock is currently down 2.4% at $156.42, with RSI indicators suggesting it may be overbought. Major market movers are focusing on a price range between $135.0 and $160.0.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:45 pm

Jim Cramer on CNBC's 'Mad Money Lightning Round' expressed a preference for Royal Caribbean over Carnival Corporation, citing better systems and numbers. He criticized EPR Properties and Whirlpool for being too rocky and inconsistent, respectively. Cramer also expressed discontent with DexCom's last quarter but liked SpartanNash for its dividend. Recent price actions showed declines for EPR, Carnival, Whirlpool, DexCom, and SpartanNash.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 12:41 pm

Goldman Sachs has removed Royal Caribbean Cruises (RCL) from its U.S. Conviction List, which may impact investor sentiment and the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:57 pm

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