Royal Caribbean Group (NYSE:RCL)’s traded shares stood at 0.82 million during the latest session, with the company’s beta value hitting 2.26. At the last check today, the stock’s price was $208.65, to imply a decrease of -2.83% or -$6.07 in intraday trading. The RCL share’s 52-week high remains $277.08, putting it -32.8% down since that peak but still an impressive 40.06% since price per share fell to its 52-week low of $125.06. The company has a valuation of $56.15B, with an average of 3.62 million shares in intraday trading volume over the past 10 days and average of 2.62 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Royal Caribbean Group (RCL), translating to a mean rating of 1.72. Of 14 analyst(s) looking at the stock, 0 analyst(s) give RCL a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.53.
Royal Caribbean Group (NYSE:RCL) trade information
After registering a -2.83% downside in the latest session, Royal Caribbean Group (RCL) has traded red over the past five days. The 5-day price performance for the stock is -1.59%, and -14.45% over 30 days. With these gigs, the year-to-date price performance is -9.56%. Short interest in Royal Caribbean Group (NYSE:RCL) saw shorts transact 12.42 million shares and set a 4.49 days time to cover.
The extremes give us $224 and $280 for target low and target high price respectively. As such, RCL has been trading -34.2% off suggested target high and -7.36% from its likely low.
Royal Caribbean Group (RCL) estimates and forecasts
The rating firms project that company’s revenue will grow 9.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 18 analysts is 4.02B. Meanwhile, for the current quarter, a total of 18 analyst(s) estimate revenue growth to 4.51B.Earnings reports from the last fiscal year show that sales brought in 3.73B and 4.11B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.75% before jumping 9.73% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.10% for the past 5-year period. While 2025 is set for a 26.45% return in earnings, projections for the next 5 years are at 19.87% annually.
RCL Dividends
Royal Caribbean Group has its next earnings report out on 2025-Jan-27. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Royal Caribbean Group has a forward dividend ratio of 1.70, with the share yield ticking at 0.81% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.52%.
Royal Caribbean Group (NYSE:RCL)’s Major holders
Royal Caribbean Group insiders hold 0.37% of total outstanding shares, with institutional holders owning 87.43% of the shares at 87.75% float percentage. In total, 87.43% institutions holds shares in the company, led by CAPITAL RESEARCH GLOBAL INVESTORS. As of 2024-06-30, the company held over 30.27 million shares (or 11.7785% of shares), all amounting to roughly $4.83 billion.
The next major institution holding the largest number of shares is CAPITAL INTERNATIONAL INVESTORS with 29.33 million shares, or about 11.4135% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.68 billion.
We also have GROWTH FUND OF AMERICA and INVESTMENT CO OF AMERICA as the top two Mutual Funds with the largest holdings of the Royal Caribbean Group (RCL) shares. Going by data provided on Dec 31, 2024, GROWTH FUND OF AMERICA holds roughly 22.26 shares. This is just over 8.27% of the total shares, with a market valuation of $4.71 billion. Data from the same date shows that the other fund manager holds a little less at 16.85, or 6.26% of the shares, all valued at about 3.56 billion.
