Royal Caribbean Cruises (NYSE:RCL) Posts Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Royal Caribbean Cruises (NYSE:RCL) announced its quarterly earnings data on Tuesday. The company reported $4.21 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.23, FiscalAI reports. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the business posted $4.38 earnings per share. Royal Caribbean Cruises updated its FY 2026 guidance to 17.730-17.870 EPS and its Q3 2026 guidance to 6.260-6.360 EPS.

Royal Caribbean Cruises Price Performance

RCL stock opened at $304.91 on Tuesday. The business’s 50-day moving average is $290.47 and its two-hundred day moving average is $289.25. 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 firm has a market capitalization of $81.78 billion, a P/E ratio of 18.60, a P/E/G ratio of 1.04 and a beta of 1.76. Royal Caribbean Cruises has a 1 year low of $232.10 and a 1 year high of $366.50.

Royal Caribbean Cruises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 3rd were given a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 2.0%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 36.61%.

Institutional Trading of Royal Caribbean Cruises

A number of large investors have recently made changes to their positions in the company. Cambient Family Office LLC purchased a new stake in shares of Royal Caribbean Cruises in the 4th quarter valued at approximately $208,000. Compound Planning Inc. lifted its position in shares of Royal Caribbean Cruises by 187.8% during the 4th quarter. Compound Planning Inc. now owns 11,122 shares of the company’s stock worth $3,102,000 after purchasing an additional 7,257 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Royal Caribbean Cruises by 45.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,211 shares of the company’s stock worth $895,000 after purchasing an additional 1,004 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of Royal Caribbean Cruises by 252.5% during the fourth quarter. Corient Private Wealth LLC now owns 173,083 shares of the company’s stock worth $48,276,000 after purchasing an additional 123,985 shares in the last quarter. Finally, Strive Financial Group LLC purchased a new position in Royal Caribbean Cruises in the fourth quarter valued at $51,000. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Royal Caribbean Cruises News Roundup

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Royal Caribbean reported second-quarter adjusted EPS of $4.21, ahead of the $3.98 analyst consensus, while revenue of $4.83 billion was slightly above expectations. Results benefited from strong close-in demand, lower costs and favorable joint-venture performance. Royal Caribbean Group Reports Second Quarter Results Above Expectations and Raises Full-Year Guidance
• Positive Sentiment: Full-year 2026 adjusted EPS guidance was raised to $17.73-$17.87, above the $17.32 consensus estimate. The stronger profit outlook suggests management expects resilient demand and continued operating leverage. Royal Caribbean Group Reports Second Quarter Results Above Expectations and Raises Full-Year Guidance
• Neutral Sentiment: Third-quarter EPS guidance of $6.26-$6.36 brackets the $6.32 consensus estimate, indicating expectations are broadly in line rather than signaling a major near-term earnings surprise.
• Negative Sentiment: The company’s full-year revenue outlook of approximately $19.5 billion is below the $19.6 billion analyst estimate. Royal Caribbean also cut its revenue outlook as prolonged geopolitical uncertainty pressured second-quarter bookings, raising concerns about demand and future pricing. Royal Caribbean Cuts Revenue Outlook as Bookings Remain Pressured

Analyst Ratings Changes

Several equities research analysts have issued reports on RCL shares. Deutsche Bank Aktiengesellschaft set a $296.00 target price on Royal Caribbean Cruises in a research note on Friday, May 1st. Freedom Capital raised Royal Caribbean Cruises to a “strong-buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley decreased their target price on shares of Royal Caribbean Cruises from $310.00 to $280.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 26th. UBS Group dropped their price target on shares of Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a report on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $345.05.

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.