What is Zacks Research’s Estimate for RCL Q3 Earnings?

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Equities researchers at Zacks Research boosted their Q3 2027 EPS estimates for shares of Royal Caribbean Cruises in a report issued on Friday, June 19th. Zacks Research analyst Team now expects that the company will earn $5.50 per share for the quarter, up from their prior estimate of $5.49. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $17.27 per share. Zacks Research also issued estimates for Royal Caribbean Cruises’ Q4 2027 earnings at $4.26 EPS and Q1 2028 earnings at $5.20 EPS.

A number of other analysts have also recently commented on RCL. Mizuho set a $380.00 price target on Royal Caribbean Cruises in a research report on Friday, May 1st. Morgan Stanley reduced their price objective on Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 26th. TD Cowen decreased their target price on Royal Caribbean Cruises from $350.00 to $337.00 and set a “buy” rating for the company in a report on Friday, May 15th. JPMorgan Chase & Co. dropped their target price on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Finally, Loop Capital started coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Royal Caribbean Cruises currently has an average rating of “Moderate Buy” and an average price target of $345.58.

Royal Caribbean Cruises Price Performance

NYSE RCL opened at $309.55 on Tuesday. The company has a market cap of $83.02 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.10 and a beta of 1.77. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The stock’s fifty day moving average price is $276.37 and its 200 day moving average price is $286.14. Royal Caribbean Cruises has a 1 year low of $232.10 and a 1 year high of $366.50.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping the consensus estimate of $3.20 by $0.40. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.71 earnings per share. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS.

Hedge Funds Weigh In On Royal Caribbean Cruises

Several institutional investors have recently made changes to their positions in the company. Montag A & Associates Inc. grew its position in Royal Caribbean Cruises by 184.4% during the fourth quarter. Montag A & Associates Inc. now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 59 shares during the period. Ares Financial Consulting LLC acquired a new position in shares of Royal Caribbean Cruises in the fourth quarter worth about $26,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Royal Caribbean Cruises in the fourth quarter worth about $26,000. IMG Wealth Management Inc. purchased a new stake in shares of Royal Caribbean Cruises during the 1st quarter worth about $27,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Royal Caribbean Cruises during the 4th quarter worth about $27,000. 87.53% of the stock is owned by hedge funds and other institutional investors.

Royal Caribbean Cruises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 3rd will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.9%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is presently 36.61%.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel?agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.