Royal Caribbean Cruises Ltd. (RCL) To Go Ex-Dividend on June 3rd

Royal Caribbean Cruises Ltd. (NYSE:RCL) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Wednesday, June 3rd will be given a dividend of 1.50 per share on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, June 3rd.

Royal Caribbean Cruises has increased its dividend by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Royal Caribbean Cruises has a dividend payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Royal Caribbean Cruises to earn $19.86 per share next year, which means the company should continue to be able to cover its $6.00 annual dividend with an expected future payout ratio of 30.2%.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $284.66 on Monday. Royal Caribbean Cruises has a 52 week low of $232.10 and a 52 week high of $366.50. The company’s 50 day moving average price is $269.52 and its two-hundred day moving average price is $282.26. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 1.96. The stock has a market cap of $76.34 billion, a P/E ratio of 17.37, a P/E/G ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, topping the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a net margin of 24.36% and a return on equity of 45.25%. The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter last year, the firm earned $2.71 EPS. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. 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. On average, equities analysts predict that Royal Caribbean Cruises will post 17.27 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Royal Caribbean Cruises in a research report on Wednesday, March 25th. Tigress Financial lifted their target price on shares of Royal Caribbean Cruises from $415.00 to $425.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. dropped their target price on shares of 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. Truist Financial dropped their target price on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Finally, Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a research report on Monday. They set a “hold” rating on the stock. Fourteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and an average target price of $344.05.

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.