Recent Investment Analysts’ Ratings Changes for Royal Caribbean Cruises (RCL)

Several analysts have recently updated their ratings and price targets for Royal Caribbean Cruises (NYSE: RCL):

• 10/12/2026 – Royal Caribbean Cruises had its price target lowered by Wells Fargo & Company from $388.00 to $358.00. They now have an “overweight” rating on the stock.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $305.00.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $305.00.
• 10/7/2026 – Royal Caribbean Cruises had its price target lowered by Barclays PLC from $340.00 to $337.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by Citigroup Inc..
• 9/28/2026 – Royal Caribbean Cruises was upgraded by Deutsche Bank Aktiengesellschaft from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $299.00.
• 9/28/2026 – Royal Caribbean Cruises was upgraded by Bank of America Corporation from “neutral” to “buy”. They now have a $330.00 price target on the stock.
• 9/28/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by Tigress Financial. They now have a $425.00 price target on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target raised by Truist Financial Corporation from $297.00 to $298.00. They now have a “hold” rating on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target lowered by Northcoast Research from $368.00 to $335.00. They now have a “buy” rating on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target raised by JPMorgan Chase & Co. from $345.00 to $394.00. They now have an “overweight” rating on the stock.
• 9/23/2026 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $355.00 price target on the stock, down from $380.00.
• 9/23/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by UBS Group AG.
• 9/23/2026 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $370.00 price target on the stock.
• 9/8/2026 – Royal Caribbean Cruises was upgraded by TD Cowen to “strong-buy”.
• 9/3/2026 – Royal Caribbean Cruises was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.

Royal Caribbean Cruises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were paid a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $6.00 annualized dividend and a yield of 2.1%. Royal Caribbean Cruises’s dividend payout ratio is presently 37.08%.

Insider Transactions at Royal Caribbean Cruises

In related news, CEO Michael Bayley sold 12,811 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total transaction of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 6.44% of the company’s stock.

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.