Royal CaribbeanRCL
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 Q3 regulatory filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 84
7% more capital invested
Capital invested by funds: $34.6B [Q2] → $37.2B (+$2.55B) [Q3]
4% more funds holding
Funds holding: 899 [Q2] → 931 (+32) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 327
2.88% less ownership
Funds ownership: 84.37% [Q2] → 81.49% (-2.88%) [Q3]
20% less call options, than puts
Call options by funds: $1.83B | Put options by funds: $2.29B
21% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 11 (-3) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
JP Morgan Matthew Boss 47% 1-year accuracy 34 / 72 met price target | 22%upside $295 | Overweight Maintained | 17 Jan 2025 |
Morgan Stanley Jamie Rollo 0% 1-year accuracy 0 / 3 met price target | 13%downside $210 | Equal-Weight Maintained | 8 Jan 2025 |
Barclays Brandt Montour 45% 1-year accuracy 37 / 83 met price target | 19%upside $287 | Overweight Maintained | 13 Dec 2024 |
Citigroup James Hardiman 46% 1-year accuracy 11 / 24 met price target | 17%upside $283 | Buy Maintained | 11 Dec 2024 |
Goldman Sachs Lizzie Dove 56% 1-year accuracy 14 / 25 met price target | 14%upside $275 | Buy Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 19 articles about RCL published over the past 30 days
