Royal Caribbean Cruises (NYSE:RCL) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, January 24th. Royal Caribbean Cruises has set its Q4 guidance at $1.15-1.20 EPS.

Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Tuesday, November 7th. The company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.43 by $0.06. Royal Caribbean Cruises had a return on equity of 16.64% and a net margin of 18.41%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same period last year, the firm earned $3.20 EPS. The firm’s revenue was up .2% compared to the same quarter last year. On average, analysts expect Royal Caribbean Cruises to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of Royal Caribbean Cruises (RCL) opened at $126.75 on Wednesday. Royal Caribbean Cruises has a 1 year low of $84.03 and a 1 year high of $133.75. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.16 and a quick ratio of 0.13. The company has a market capitalization of $27,140.00, a P/E ratio of 16.92, a P/E/G ratio of 0.66 and a beta of 1.06.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Thursday, December 21st were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Wednesday, December 20th. Royal Caribbean Cruises’s dividend payout ratio is currently 32.04%.

A number of brokerages have issued reports on RCL. Wedbush reaffirmed an “outperform” rating and set a $139.00 price target (up from $129.00) on shares of Royal Caribbean Cruises in a research note on Wednesday, November 8th. Deutsche Bank increased their price target on Royal Caribbean Cruises from $114.00 to $118.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Buckingham Research increased their price target on Royal Caribbean Cruises from $149.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Stifel Nicolaus increased their price target on Royal Caribbean Cruises from $134.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $126.00 price target on shares of Royal Caribbean Cruises in a research note on Sunday, October 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $127.28.

In other news, CEO Richard D. Fain sold 20,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $123.00, for a total transaction of $2,460,000.00. Following the completion of the sale, the chief executive officer now directly owns 847,741 shares of the company’s stock, valued at approximately $104,272,143. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 15.30% of the company’s stock.

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Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands).

Earnings History for Royal Caribbean Cruises (NYSE:RCL)

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