Media stories about Royal Caribbean Cruises (NYSE:RCL) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Royal Caribbean Cruises earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2878940643943 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
Several research firms have issued reports on RCL. Stifel Nicolaus restated a “buy” rating on shares of Royal Caribbean Cruises in a research report on Thursday. ValuEngine lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Saturday, April 7th. Zacks Investment Research lowered shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. SunTrust Banks upped their price target on shares of Royal Caribbean Cruises to $149.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, Bank of America upped their price target on shares of Royal Caribbean Cruises from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Thursday, January 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $136.80.
Shares of Royal Caribbean Cruises stock traded up $1.11 during trading on Friday, reaching $119.09. 2,331,010 shares of the stock were exchanged, compared to its average volume of 1,261,638. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 0.59. The firm has a market cap of $25,218.11, a P/E ratio of 15.82, a P/E/G ratio of 0.64 and a beta of 1.23. Royal Caribbean Cruises has a 1 year low of $96.90 and a 1 year high of $135.65.
Royal Caribbean Cruises (NYSE:RCL) last posted its earnings results on Wednesday, January 24th. The company reported $1.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.14. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.97 billion. Royal Caribbean Cruises had a net margin of 18.51% and a return on equity of 16.22%. Royal Caribbean Cruises’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.23 earnings per share. research analysts forecast that Royal Caribbean Cruises will post 8.72 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 5th. Investors of record on Wednesday, March 7th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend was Tuesday, March 6th. Royal Caribbean Cruises’s payout ratio is currently 31.87%.
In related news, CFO Jason T. Liberty sold 10,844 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $132.04, for a total value of $1,431,841.76. Following the completion of the transaction, the chief financial officer now directly owns 44,089 shares of the company’s stock, valued at $5,821,511.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard D. Fain sold 20,000 shares of the stock in a transaction dated Friday, April 13th. The stock was sold at an average price of $114.84, for a total transaction of $2,296,800.00. Following the completion of the transaction, the chief executive officer now directly owns 885,037 shares of the company’s stock, valued at $101,637,649.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 120,799 shares of company stock valued at $15,291,696. 15.30% of the stock is owned by insiders.
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Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises brands. The Royal Caribbean International brand provides itineraries to destinations worldwide, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, and New Zealand with cruise lengths that range from 2 to 23 nights.
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