Media stories about Royal Caribbean Cruises (NYSE:RCL) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.1077880615014 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
RCL has been the topic of a number of recent analyst reports. SunTrust Banks restated a “buy” rating and issued a $137.00 price target on shares of Royal Caribbean Cruises in a research report on Friday, November 10th. Zacks Investment Research upgraded shares of Royal Caribbean Cruises from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Friday, September 22nd. Buckingham Research boosted their price target on shares of Royal Caribbean Cruises from $149.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Stifel Nicolaus boosted their price target on shares of Royal Caribbean Cruises from $134.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Finally, Argus boosted their price target on shares of Royal Caribbean Cruises from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Royal Caribbean Cruises has a consensus rating of “Buy” and a consensus target price of $127.28.
Royal Caribbean Cruises (NYSE:RCL) traded up $2.12 during trading on Friday, hitting $127.53. 1,523,772 shares of the company were exchanged, compared to its average volume of 1,310,000. The company has a quick ratio of 0.13, a current ratio of 0.16 and a debt-to-equity ratio of 0.58. Royal Caribbean Cruises has a 52 week low of $84.03 and a 52 week high of $133.75. The firm has a market cap of $27,300.00, a P/E ratio of 17.03, a PEG ratio of 0.66 and a beta of 1.06.
Royal Caribbean Cruises (NYSE:RCL) last released its earnings results on Tuesday, November 7th. The company reported $3.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.43 by $0.06. Royal Caribbean Cruises had a net margin of 18.41% and a return on equity of 16.64%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter in the previous year, the company earned $3.20 EPS. Royal Caribbean Cruises’s quarterly revenue was up .2% compared to the same quarter last year. analysts anticipate that Royal Caribbean Cruises will post 7.39 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Thursday, December 21st were given a dividend of $0.60 per share. The ex-dividend date was Wednesday, December 20th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.88%. Royal Caribbean Cruises’s payout ratio is presently 32.04%.
In related news, CEO Richard D. Fain sold 20,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $123.76, for a total transaction of $2,475,200.00. Following the transaction, the chief executive officer now owns 895,416 shares in the company, valued at approximately $110,816,684.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.30% of the stock is owned by insiders.
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About Royal Caribbean Cruises
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).
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