In today’s recent session, 0.64 million shares of the Royal Caribbean Group (NYSE:RCL) have been traded, and its beta is 2.13. Most recently the company’s share price was $192.98, and it changed around $1.16 or 0.60% from the last close, which brings the market valuation of the company to $51.94B. RCL at last check was trading at a discount to its 52-week high of $277.08, offering almost -43.58% off that amount. The share price’s 52-week low was $125.06, which indicates that the recent value has risen by an impressive 35.2% since then. We note from Royal Caribbean Group’s average daily trading volume that its 10-day average is 3.73 million shares, with the 3-month average coming to 3.00 million.
Royal Caribbean Group stock received a consensus recommendation rating of Buy, based on a mean score of 1.74. If we narrow it down even further, the data shows that 0 out of 27 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 6 recommended RCL as a Hold, whereas 15 deemed it a Buy, and 0 rated it as Underweight. Royal Caribbean Group is expected to report earnings per share of 2.53 for the current quarter.
Royal Caribbean Group (NYSE:RCL) trade information
Instantly RCL has been showing a green trend so far today with a performance of 0.60% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 211.25 on recent trading dayincreased the stock’s daily price by 8.65%. The company’s shares are currently down -16.35% year-to-date, but still up 7.10% over the last five days. On the other hand, Royal Caribbean Group (NYSE:RCL) is -12.05% down in the 30-day period. We can see from the shorts that 11.38 million shares have been sold at a short interest cover period of 3.49 day(s).
The consensus price target as assigned by Wall Street analysts is $250, which translates to bulls needing to increase their stock price by 22.81% from its current value. Analyst projections state that RCL is forecast to be at a low of $224 and a high of $280.
Royal Caribbean Group (RCL) estimates and forecasts
The year-over-year growth rate is expected to be 9.55%, up from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 4.02B in revenue for the current quarter. 20 analysts expect Royal Caribbean Group to make 4.51B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.73B and 4.11B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.74%. Forecasts for the next quarter put sales growth at 9.79%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.10%. Royal Caribbean Group earnings are expected to increase by 26.46% in 2025, but the outlook is positive 19.71% per year for the next five years.
RCL Dividends
Royal Caribbean Group’s next quarterly earnings report is expected to be released on 2025-Jan-27. The annual dividend yield of the stock is 0.88 percent and its annual dividend per share was 1.70. It is important to note, however, that the 0.88% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.52 per year.
Royal Caribbean Group (NYSE:RCL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.37% of Royal Caribbean Group shares, and 87.40% of them are in the hands of institutional investors. The stock currently has a share float of 87.73%. Royal Caribbean Group stock is held by 1417.0 institutions, with CAPITAL RESEARCH GLOBAL INVESTORS being the largest institutional investor. By 2024-06-30, it held 11.7785% of the shares, which is about 30.27 million shares worth $4.83 billion.
CAPITAL INTERNATIONAL INVESTORS, with 11.4135% or 29.33 million shares worth $4.68 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
GROWTH FUND OF AMERICA and INVESTMENT CO OF AMERICA were the top two Mutual Funds as of Dec 31, 2024 . The former held 22.26 shares worth $4.3 billion, making up 8.27% of all outstanding shares. On the other hand, INVESTMENT CO OF AMERICA held roughly 16.85 shares worth around $3.26 billion, which represents about 6.26% of the total shares outstanding.
