Royal Caribbean Cruises (NYSE: RCL) recently received a number of ratings updates from brokerages and research firms:
Shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) traded up 0.07% during mid-day trading on Wednesday, hitting $72.38. The company had a trading volume of 1,172,900 shares. Royal Caribbean Cruises Ltd. has a 52-week low of $64.21 and a 52-week high of $103.40. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of 20.66 and a beta of 1.65. The stock’s 50-day moving average is $70.69 and its 200-day moving average is $73.68.
Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $1.09 EPS for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.07. The company had revenue of $2.11 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Royal Caribbean Cruises had a return on equity of 14.76% and a net margin of 9.05%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.84 earnings per share. Equities analysts forecast that Royal Caribbean Cruises Ltd. will post $6.05 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 13th. Stockholders of record on Thursday, September 29th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.65%. This is a positive change from Royal Caribbean Cruises’s previous quarterly dividend of $0.38. The ex-dividend date is Tuesday, September 27th. Royal Caribbean Cruises’s payout ratio is presently 55.01%.