Royal Caribbean Cruises’ (RCL) “Buy” Rating Reiterated at Tigress Financial

01 Oct 2026, 05:18 by Sarita Garza · The Markets Daily

Tigress Financial restated their buy rating on shares of Royal Caribbean Cruises (NYSE:RCL – Free Report) in a report released on Monday, Marketbeat reports. They currently have a $425.00 price objective on the stock.

Several other equities research analysts have also weighed in on RCL. TD Cowen upgraded shares of Royal Caribbean Cruises to a “strong-buy” rating in a report on Tuesday, September 8th. 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 target for the company. Stifel Nicolaus upped their price objective on shares of Royal Caribbean Cruises from $410.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Freedom Capital downgraded Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded Royal Caribbean Cruises from a “strong sell” rating to a “hold” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $357.80.

Read Our Latest Analysis on Royal Caribbean Cruises

Royal Caribbean Cruises Trading Up 2.2%

NYSE:RCL opened at $266.32 on Monday. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises has a 1-year low of $222.22 and a 1-year high of $356.39. The firm has a market capitalization of $71.23 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 0.92 and a beta of 1.74. The business’s 50-day moving average price is $282.25 and its two-hundred day moving average price is $281.31.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the company earned $4.38 EPS. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. On average, equities analysts expect that Royal Caribbean Cruises will post 17.79 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a yield of 2.3%. Royal Caribbean Cruises’s payout ratio is presently 37.08%.

Insider Buying and Selling at Royal Caribbean Cruises

In other news, CEO Michael Bayley sold 12,811 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. This represents a 22.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 6.44% of the stock is owned by company insiders.

Institutional Investors Weigh In On Royal Caribbean Cruises

Several institutional investors have recently added to or reduced their stakes in RCL. BlackRock Inc. bought a new position in shares of Royal Caribbean Cruises during the second quarter worth about $6,549,422,000. Capital International Investors lifted its stake in Royal Caribbean Cruises by 9.8% in the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. Primecap Management Co. CA bought a new stake in Royal Caribbean Cruises in the 2nd quarter valued at approximately $669,804,000. Jupiter Topco LLC acquired a new position in Royal Caribbean Cruises during the 2nd quarter worth approximately $597,350,000. Finally, Norges Bank acquired a new position in Royal Caribbean Cruises during the 4th quarter worth approximately $456,752,000. 87.53% of the stock is owned by institutional investors.

Royal Caribbean Cruises News Summary

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

Positive Sentiment: Strong Carnival earnings and a raised full-year profit outlook provided a favorable read-through for Royal Caribbean, suggesting resilient bookings, pricing power and consumer demand across the cruise industry. Cruise Stocks Jump After Carnival Posts Strong Results and Rosy Outlook
Positive Sentiment: Analysts described Royal Caribbean as a high-quality business trading well below its prior peak, with two Wall Street analysts upgrading the stock. The bullish case centers on continued demand and earnings growth. Royal Caribbean Is Down Sharply From Its High. Deutsche Bank Says It’s Time to Buy
Positive Sentiment: Royal Caribbean unveiled its 2028 Alaska program across four ships, including the amplified Ovation of the Seas. The expanded itineraries and optional land tours could support long-term capacity utilization and onboard revenue, although the financial impact is distant. Royal Caribbean Reveals 2028 Summer Lineup of Alaska Vacations
Neutral Sentiment: Royal Caribbean became a heavily searched or “trending” stock on Zacks, indicating increased investor attention but providing no new fundamental information. Royal Caribbean Is a Trending Stock
Negative Sentiment: Fuel hedges provide only partial protection against Royal Caribbean’s projected roughly $1.34 billion 2026 fuel bill. Higher oil prices could pressure margins and undermine the bullish thesis. Analysts also cited Caribbean crowding and the company’s resort acquisition as risks. Can Royal Caribbean’s Fuel Hedges Cushion Its Expense Outlook?

About Royal Caribbean Cruises

(Get Free Report)

Royal Caribbean Cruises Ltd., now known as Royal Caribbean Group, is a global cruise company that operates vacation experiences through a portfolio of cruise brands. Its principal brands include Royal Caribbean International, Celebrity Cruises and Silversea Cruises, each serving different segments of the leisure travel market, from family-oriented cruises and large-scale resort-style ships to premium and luxury expedition voyages.

The company offers cruises to destinations around the world, including the Caribbean, Europe, Alaska, Asia, Australia, New Zealand and other international regions.