Quote Overview

Stock Activity

Open	132.56
Day Low	132.42
Day High	137.55
52 Wk Low	59.37
52 Wk High	141.70
Avg. Volume	2,748,456
Market Cap	33.88 B
Dividend	NA
Beta	2.52

Key Earnings Data

Earnings ESP	5.30%
Most Accurate Est	1.37
Current Qtr Est	1.30
Current Yr Est	9.99
Exp Earnings Date	^*BMO4/25/24
Prior Year EPS	6.77
Exp EPS Growth (3-5yr) 27.45%
Forward PE	13.22
PEG Ratio	0.48

Consumer Discretionary » Leisure and Recreation Services

*BMO = Before Market Open *AMC = After Market Close

Research Reports for RCL

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Style Scores B Value A Growth F Momentum B VGM
Zacks Rank	Hold 3
Zacks Industry Rank	Bottom 35%(164 out of 252)
Zacks Sector Rank	Bottom 6% (15 out of 16)
Earnings ESP	5.30%
Research Reports for RCL Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Royal Caribbean Cruises	RCL
Manchester United	MANU
Trip.com Group Limited	TCOM
Xponential Fitness	XPOF
AMC Entertainment	AMC
Caesars Entertainment	CZR
Camping World	CWH

See all Leisure and Recreation Services Peers

Zacks News for RCL

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Company Summary

Based in Miami and incorporated in 1985, Royal Caribbean Cruises is a cruise company. It owns and operates three global brands — Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises. Additionally, it has a 50% investment in a joint venture with TUI AG, which operates the brand TUI Cruises.

The company’s cruise brands primarily serve the contemporary, premium and deluxe segments of the cruise vacation industry, which also includes the budget and luxury segments. These brands operate 64 ships. The ships operate on a selection of diverse itineraries worldwide that include roughly 1,000 destinations on all seven continents.

The company reports revenues under the following segments — Passenger ticket revenues (68.8% of total revenues in 2023) and Onboard and other revenues (31.2%).

Across the company’s five brands, nearly 5.5 million guests sailed in 2022. By the end of 2022, 64 out of 75 ships returned to operations, representing more than 85% of its worldwide capacity. The company’s bookings improved sequentially by 2022-end. As of Dec 31, 2023, the company had nearly $5.3 billion in customer deposits.

In the third quarter of 2022, the company unveiled a three-year financial performance initiative — the Trifecta Program — thereby articulating longer-term financial objectives. The program emphasizes financial coordinates, including Adjusted EBITDA per APCD, Adjusted EPS and ROIC. Under this program, the company expects to achieve a triple-digit adjusted EBITDA per APCD, exceeding the earlier record adjusted EBITDA per APCD of $87 in 2019. The company also expects to achieve double-digit adjusted earnings per share, exceeding the earlier record adjusted earnings per share of $9.54 in 2019.