Royal Caribbean Cruises SVP Henry Pujol Sells 27,880 Shares (RCL)
Royal Caribbean Cruises (NYSE:RCL) SVP Henry Pujol sold 27,880 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $39.00, for a total value of $1,087,320.00. Following the transaction, the senior vice president now directly owns 35,492 shares in the company. The transaction was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on RCL. Analysts at Zacks reiterated a “neutral” rating on shares of Royal Caribbean Cruises (NYSE:RCL) in a research note to investors on Monday. They now have a $39.00 price target on the stock. Separately, analysts at Carnegie upgraded shares of Royal Caribbean Cruises (NYSE:RCL) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, September 4th. Finally, analysts at Susquehanna upgraded shares of Royal Caribbean Cruises (NYSE:RCL) from a “neutral” rating to a “positive” rating in a research note to investors on Wednesday, September 4th. They now have a $45.00 price target on the stock, up previously from $36.00.
One research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company’s stock. Royal Caribbean Cruises presently has a consensus rating of “Buy” and an average price target of $41.86.
Royal Caribbean Cruises (NYSE:RCL) traded up 0.62% on Friday, hitting $39.19. The stock had a trading volume of 1,239,621 shares. Royal Caribbean Cruises has a one year low of $29.69 and a one year high of $40.00. The stock has a 50-day moving average of $37.95 and a 200-day moving average of $35.43. The company has a market cap of $8.608 billion and a P/E ratio of 113.89.
Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.14. The company had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. Analysts expect that Royal Caribbean Cruises will post $2.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 8th. Investors of record on Tuesday, September 24th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from Royal Caribbean Cruises’s previous quarterly dividend of $0.12.
Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company.
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