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Royal Caribbean Cruises (NYSE:RCL) COO Adam M. Goldstein sold 4,869 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $55.14, for a total transaction of $268,476.66. Following the sale, the chief operating officer now directly owns 370,724 shares of the company’s stock, valued at approximately $20,441,721. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Royal Caribbean Cruises (NYSE:RCL) traded down 0.13% on Monday, hitting $55.22. 716,558 shares of the company’s stock traded hands. Royal Caribbean Cruises has a 52-week low of $31.37 and a 52-week high of $56.66. The stock’s 50-day moving average is $52.61 and its 200-day moving average is $49.98. The company has a market cap of $12.266 billion and a price-to-earnings ratio of 28.99.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.28 by $0.07. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. On average, analysts predict that Royal Caribbean Cruises will post $3.40 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, June 5th. Stockholders of record on Tuesday, May 20th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Friday, May 16th.

A number of analysts have recently weighed in on RCL shares. Analysts at Nomura reiterated a “buy” rating on shares of Royal Caribbean Cruises in a research note on Wednesday, May 14th. They now have a $56.00 price target on the stock. Separately, analysts at SunTrust upgraded shares of Royal Caribbean Cruises from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 14th. They now have a $63.00 price target on the stock, up previously from $54.00. Finally, analysts at Zacks downgraded shares of Royal Caribbean Cruises from an “outperform” rating to a “neutral” rating in a research note on Friday, May 9th. They now have a $54.00 price target on the stock. Nine research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $56.12.

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company.

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