Royal CaribbeanRCL
Market Cap: $40.3B
About: Royal Caribbean is the world's second-largest cruise company, operating 68 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021.
Employees: 98,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
74% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 78
27% more funds holding in top 10
Funds holding in top 10: 11 [Q1] → 14 (+3) [Q2]
18% more capital invested
Capital invested by funds: $28.7B [Q1] → $33.8B (+$5.11B) [Q2]
11% more repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 283
7% more funds holding
Funds holding: 831 [Q1] → 889 (+58) [Q2]
1.89% more ownership
Funds ownership: 80.45% [Q1] → 82.33% (+1.89%) [Q2]
1% less call options, than puts
Call options by funds: $1.81B | Put options by funds: $1.83B
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Morgan Stanley Jamie Rollo 0% 1-year accuracy 0 / 2 met price target | 2%downside $154 | Equal-Weight Maintained | 7 Aug 2024 |
Tigress Financial Ivan Feinseth 63% 1-year accuracy 47 / 75 met price target | 34%upside $210 | Buy Maintained | 2 Aug 2024 |
UBS Robin Farley 67% 1-year accuracy 8 / 12 met price target | 17%upside $183 | Buy Maintained | 31 Jul 2024 |
Macquarie Paul Golding 63% 1-year accuracy 10 / 16 met price target | 21%upside $189 | Outperform Maintained | 30 Jul 2024 |
Susquehanna Christopher Stathoulopoulos 65% 1-year accuracy 17 / 26 met price target | 15%upside $180 | Positive Maintained | 30 Jul 2024 |
Financial journalist opinion
Based on 44 articles about RCL published over the past 30 days