What is William Blair’s Forecast for RCL FY2026 Earnings?

Royal Caribbean Cruises Ltd. (NYSE:RCL) – William Blair increased their FY2026 earnings per share estimates for shares of Royal Caribbean Cruises in a report issued on Tuesday, January 28th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $17.69 per share for the year, up from their previous forecast of $17.00. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $15.00 per share.

A number of other brokerages have also recently issued reports on RCL. The Goldman Sachs Group cut their target price on shares of Royal Caribbean Cruises from $275.00 to $270.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Truist Financial increased their target price on Royal Caribbean Cruises from $204.00 to $272.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Sanford C. Bernstein initiated coverage on Royal Caribbean Cruises in a report on Tuesday, November 26th. They issued an “outperform” rating and a $290.00 price target for the company. Barclays increased their price objective on Royal Caribbean Cruises from $287.00 to $308.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Susquehanna boosted their target price on shares of Royal Caribbean Cruises from $245.00 to $305.00 and gave the company a “positive” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $274.19.

Royal Caribbean Cruises Price Performance

RCL stock opened at $274.94 on Friday. The firm has a 50 day moving average of $239.12 and a 200-day moving average of $200.69. The company has a market cap of $73.93 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 0.55 and a beta of 2.59. The company has a current ratio of 0.17, a quick ratio of 0.16 and a debt-to-equity ratio of 2.39. Royal Caribbean Cruises has a 12-month low of $113.10 and a 12-month high of $275.05.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.13. Royal Caribbean Cruises had a net margin of 17.46% and a return on equity of 48.97%. During the same quarter in the previous year, the company earned $1.25 earnings per share.

Royal Caribbean Cruises Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Friday, December 27th were paid a $0.55 dividend. The ex-dividend date was Friday, December 27th. This represents a $2.20 dividend on an annualized basis and a yield of 0.80%. Royal Caribbean Cruises’s dividend payout ratio is currently 20.58%.

Insiders Place Their Bets

In related news, Director Arne Alexander Wilhelmsen sold 230,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $233.62, for a total transaction of $53,732,600.00. Following the completion of the sale, the director now directly owns 18,556,860 shares in the company, valued at approximately $4,335,253,633.20. This trade represents a 1.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Harri U. Kulovaara sold 3,256 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $234.62, for a total transaction of $763,922.72. Following the completion of the transaction, the executive vice president now directly owns 22,348 shares in the company, valued at $5,243,287.76. This trade represents a 12.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 372,609 shares of company stock worth $87,647,208. Company insiders own 7.95% of the company’s stock.

Institutional Investors Weigh In On Royal Caribbean Cruises

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings in shares of Royal Caribbean Cruises by 10,599.0% during the 3rd quarter. International Assets Investment Management LLC now owns 409,879 shares of the company’s stock worth $72,696,000 after buying an additional 406,048 shares during the period. AustralianSuper Pty Ltd grew its position in shares of Royal Caribbean Cruises by 2,042.8% in the fourth quarter. AustralianSuper Pty Ltd now owns 122,887 shares of the company’s stock valued at $28,349,000 after purchasing an additional 117,152 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of Royal Caribbean Cruises by 138.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 161,835 shares of the company’s stock worth $28,703,000 after purchasing an additional 93,899 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Royal Caribbean Cruises during the 3rd quarter worth about $14,544,000. Finally, Dakota Wealth Management grew its holdings in Royal Caribbean Cruises by 3,935.2% in the 3rd quarter. Dakota Wealth Management now owns 76,871 shares of the company’s stock valued at $13,635,000 after buying an additional 74,966 shares during the last quarter. Institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.