Table Of Content
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Plus, RCL info will be updated daily in your free Zacks.com Portfolio Tracker. Royal Beach Club Cozumel is Next in the Cruise Line's Destinations Lineup, Opening in 2026 MIAMI , March 22, 2024 /PRNewswire/ -- Royal Caribbean International is putting a new beach club experience o...
RCL chart
Shares of Royal Caribbean sunk to a one-month low Tuesday morning, dropping more than 5% on the day following a string of troubling incidents, a setback for the world's biggest cruise line as it looks... The cruise industry has made a comeback, and Royal Caribbean is leading the charge. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
RCL Earnings Estimates and Actuals by Quarter
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies. Enter your email address below to receive the latest news and analysts' ratings for Royal Caribbean Cruises and its competitors with MarketBeat's FREE daily newsletter. Carnival, Norwegian and Royal Caribbean all reported entering the year with record highs for individual bookings and cruise pricing. Gain deeper insights into company revenues with a detailed analysis of revenue sources. Explore the updated Options feature, providing in-depth data, and a 3D viewing option.
Financial Strength
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Since last earnings call, demand and bookings have exceeded expectations Adjusted EPS in 2024 is now expected to be $9.90 - $10.10 The company expects to achieve all Trifecta goals in 2024 MIAMI , F... Royal Caribbean Group has suspended cruise visits to Labadee, a secluded peninsula in Haiti, for the next seven days following months of escalating gang violence in the country, a senior company execu... We’d like to share more about how we work and what drives our day-to-day business.
About Royal Caribbean Cruises Stock (NYSE:RCL)
16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RCL shares. The technique has proven to be very useful for finding positive surprises. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
Financial Performance
Carnival or Royal Caribbean: Bank of America Chooses the Superior Cruise Stock to Buy - TipRanks.com - TipRanks
Carnival or Royal Caribbean: Bank of America Chooses the Superior Cruise Stock to Buy - TipRanks.com.
Posted: Mon, 08 Apr 2024 15:51:18 GMT [source]
This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever r... 545 employees have rated Royal Caribbean Cruises Chief Executive Officer Richard D. Fain on Glassdoor.com. Richard D. Fain has an approval rating of 95% among the company's employees. This puts Richard D. Fain in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. It's an impressive turnaround after the industry was largely halted for 15 months after the Centers for Disease Control and Prevention issued a no-sail order in March 2020 at the onset of the Covid pandemic in the U.S. Royal Caribbean Cruises plans to inaugurate Royal Beach Club in spring or summer 2025, which is "particularly geared for the short-duration cruise" and could be "a material yield driver," he added.
ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON FIRST QUARTER 2024 EARNINGS
Insiders that own company stock include Arne Alexander Wilhelmsen, Harri U Kulovaara, Henry L Pujol, Jason T Liberty, Laura H Bethge, Lisa Lutoff-Perlo, Maritza Gomez Montiel, Michael W Bayley and Naftali Holtz. The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. 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.
Royal Caribbean Cruises (NYSE:RCL) Coverage Initiated at Mizuho - MarketBeat
Royal Caribbean Cruises (NYSE:RCL) Coverage Initiated at Mizuho.
Posted: Wed, 17 Apr 2024 19:51:43 GMT [source]
Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Consumer interest in travel has maintained momentum for Royal Caribbean into 2024, continuing the robust demand and pricing trends in the business. The redeployment of the fleet was completed in mid-2022 and occupancy has returned to historical levels aiding a normalization of profits and cash flow. On the cost side, expenses should be better managed ahead as a result of optimized occupancy and ongoing productivity initiatives, aiding profitability.
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Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida. The company has removed some costs from the system, which could drive upside to estimates, Chaiken further stated. In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. With the pandemic behind us and fears of a recession starting to subside, Wall Street expects a big year as the consumer remains resilient, particularly in the travel industry. Royal Caribbean is leading the $61 billion cruise industry's comeback.
According to 17 analysts, the average rating for RCL stock is "Strong Buy." The 12-month stock price forecast is $137.44, which is an increase of 6.37% from the latest price. It's seen the highest ticket revenue increase relative to 2019 out of the big three cruise giants. Carnival and Norwegian both trade more than 50% lower than their 2019 levels. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. As many consumers look forward to the summer months, investors look at travel and live experience stocks as a great way to balance their portfolios for later in the year. Cruise stocks rallied in intraday trading Tuesday after a strong earnings report and forecast from Norwegian Cruise Line Holdings (NCLH).
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.15% per year. These returns cover a period from January 1, 1988 through March 4, 2024.
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