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

Susquehanna analyst Christopher Stathoulopoulos maintains a Positive rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $160 to $180.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:02 pm

Royal Caribbean Cruises Ltd. (NYSE:RCL) has announced the pricing of an upsized $2 billion offering of 6.000% senior unsecured notes due 2033. The proceeds will be used to refinance certain senior notes due 2029. The issuance is expected to close around August 12, 2024, subject to customary conditions.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 7:31 am

Mizuho analyst Ben Chaiken maintains an Outperform rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $168 to $195.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:30 pm

Barclays analyst Brandt Montour maintains an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $185 to $195.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:14 pm

Royal Caribbean shares are trading lower following Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:32 pm

Royal Caribbean Cruises Ltd (NYSE:RCL) reported strong Q2 FY24 earnings with a 16.6% sales growth, beating analyst estimates. The company reinstated its dividend and raised its FY24 guidance. Despite positive results, RCL shares are trading slightly lower in premarket.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 1:29 pm

Royal Caribbean has announced its FY24 adjusted EPS guidance of $11.35-$11.45, which is higher than the estimated $11.08.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:31 am

Royal Caribbean Group (NYSE:RCL) reported Q2 2024 adjusted EPS of $3.21, beating the $2.75 estimate. Sales were $4.110 billion, surpassing the $4.041 billion estimate and marking a 16.66% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:30 am

JP Morgan analyst Matthew Boss maintains an Overweight rating on Royal Caribbean Group (NYSE:RCL) and raises the price target from $175 to $210.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:46 pm

Bank of America analysts are optimistic about the cruise line industry, raising price targets for Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH) due to strong fundamentals and insulation from airline industry challenges. Carnival Corp. (CCL) also reported solid results recently.

Portfolio Pulse from Piero Cingari

July 23, 2024 | 9:15 pm

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