Date | Price Target | Rating | Analyst |
---|---|---|---|
4/17/2024 | $164.00 | Buy | Mizuho |
3/13/2024 | $162.00 | Buy | Goldman |
11/21/2023 | $127.00 | Buy | Citigroup |
10/23/2023 | $115.00 | Buy | HSBC Securities |
9/19/2023 | $115.00 → $137.00 | Hold → Buy | Truist |
5/16/2023 | $88.00 | Hold → Buy | Argus |
4/28/2023 | $94.00 | Overweight | JP Morgan |
2/8/2023 | $40.00 → $78.00 | Underperform → Neutral | BofA Securities |
Advances Ongoing Commitment to Refreshment and Strong Corporate Governance Biumi Brings More Than 40 Years of Senior Financial, Operational and Board Experience Hilliard M. Eure III Retires From the Board MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service. Ms. Biumi brings more than 40 years of public accounting and operational leadership experience across di
MIAMI, Aug. 27, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) announced today that it has signed an agreement with Finnish shipbuilder Meyer Turku to order a fourth Icon Class ship for delivery to Royal Caribbean International in 2027. The agreement also includes options to build a fifth and sixth Icon Class ship. "Building on the incredible momentum and market response to the launch of Icon of the Seas and the excitement for its sister ship, Star of the Seas, coming in 2025, we're thrilled to join with Meyer Turku once again to expand our roster of Icon Class ships
The GRAMMY-winning singer and songwriter and Utopia's godmother marked the milestone ahead of the ultimate short getaway's July 19 debut in Port Canaveral (Orlando), Florida MIAMI, July 16, 2024 /PRNewswire/ -- Royal Caribbean International and GRAMMY-winning singer and songwriter Meghan Trainor rang in the vacation of celebrations, Utopia of the Seas, with a blowout summer party in Port Canaveral (Orlando), Florida. Trainor, the godmother of the new vacation, marked the introduction of the ultimate short getaway in an official naming event on board with more than 4,000 partygoers, the legendary Rev Run and DJ Ruckus at the turntables, Royal Caribbean crew members and executives and more. Th
SC 13G/A - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Subject)
SC 13G/A - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Subject)
SC 13G/A - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Subject)
4 - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Issuer)
4 - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Issuer)
4 - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Issuer)
Strong demand and favorable timing of expenses drive second quarter above expectations Trifecta goals achieved 18 months early Adjusted EPS in 2024 is now expected to be $11.35 - $11.45 Declared a quarterly dividend of $0.40 per share MIAMI, July 25, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE:RCL) today reported second quarter Earnings per Share ("EPS") of $3.11 and Adjusted EPS of $3.21. These results were better than the company's guidance due to stronger pricing on close-in demand and continued strength in onboard revenue, as well as favorable timing of expenses of approximately $0.15. As a result of continued strong demand for its vacation experiences, the company is increasing i
MIAMI, July 19, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE:RCL) has scheduled a conference call for 10:00 a.m. Eastern Time, Thursday, July 25, 2024, to discuss the company's second quarter 2024 financial results. The call will be simultaneously webcast on the company's investor relations website, www.rclinvestor.com. A replay of the webcast will remain available at the same website for 30 days following the call. About Royal Caribbean GroupRoyal Caribbean Group (NYSE:RCL) is a vacation industry leader with a global fleet of 68 ships across its five brands traveling to a
Strong demand and strength in onboard spend drive first quarter earnings Record bookings and booked position continue to provide strong momentum to 2024 Adjusted EPS in 2024 is now expected to be $10.70 - $10.90 MIAMI, April 25, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE:RCL) today reported first quarter Earnings per Share ("EPS") of $1.35 and Adjusted EPS of $1.77. These results were better than the company's guidance due to stronger pricing on close-in demand, strength in onboard revenue and favorable timing of expenses. As a result of an exceptional WAVE season and continued strength in demand, the company is increasing 2024 Adjusted EPS guidance to $10.70 - $10.90 per share.
Mizuho initiated coverage of Royal Caribbean with a rating of Buy and set a new price target of $164.00
Goldman initiated coverage of Royal Caribbean with a rating of Buy and set a new price target of $162.00
Citigroup resumed coverage of Royal Caribbean with a rating of Buy and set a new price target of $127.00
4 - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Issuer)
MIAMI, Sept. 16, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE:RCL) (the "Company") today announced that it has priced its private offering of $1.5 billion aggregate principal amount of 5.625% senior unsecured notes due 2031 (the "Notes"). The aggregate principal amount of Notes to be issued was increased from the previously announced offering size of $1.0 billion. The Notes will mature on September 30, 2031. The Notes are expected to be issued on or around September 26, 2024, subject to customary closing conditions. The Company intends to use the proceeds from the s
MIAMI, Sept. 16, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE:RCL) (the "Company") today announced that it has commenced a private offering of $1.0 billion aggregate principal amount of senior unsecured notes due 2031 (the "Notes"). The Company intends to use the proceeds from the sale of the Notes to redeem and/or repay certain of its indebtedness, including, but not limited to, (i) to redeem all of its outstanding 7.250% Senior Notes due 2030, after which the Company will have no remaining guaranteed indebtedness; and (ii) to repay in full all outstanding obligati
Advances Ongoing Commitment to Refreshment and Strong Corporate Governance Biumi Brings More Than 40 Years of Senior Financial, Operational and Board Experience Hilliard M. Eure III Retires From the Board MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service. Ms. Biumi brings more than 40 years of public accounting and operational leadership experience across di
8-K - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Filer)
8-K - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Filer)
8-K - ROYAL CARIBBEAN CRUISES LTD (0000884887) (Filer)
Royal Caribbean Cruises Ltd (NYSE:RCL) reported second-quarter FY24 sales growth of 16.6% year-on-year to $4.11 billion, beating the analyst consensus estimate of $4.041 billion. Passenger ticket revenues rose 18.1% Y/Y to $2.89 billion compared to last year. Total cruise operating expenses were $2.15 billion versus $1.96 billion a year ago. Gross Cruise Costs per Available Passenger Cruise Days (APCD) increased 4.9%. Gross margin yields increased 24.2% as-reported, and net yields increased 13.3% in constant currency. Operating income for the quarter jumped 42.5% to $1.01 billion, with an operating margin of 26.7%. The occupancy rate in the quarter was 108.2% versus 105% last year.