Is Royal Caribbean stock a good investment?

Based on analyst ratings, Royal Caribbean's 12-month average price target is $123.67. Royal Caribbean has 30.30% upside potential, based on the analysts' average price target. Royal Caribbean has a conensus rating of Strong Buy which is based on 8 buy ratings, 2 hold ratings and 0 sell ratings.



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Royal Caribbean Cruises has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.

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What is the benefit? $250 Onboard Credit per Stateroom on Sailings of 14 or more nights. $100 Onboard Credit per Stateroom on Sailings of 6-13 nights. $50 Onboard Credit per Stateroom on Sailings of 5 nights or less.

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Factors Driving Growth Shares of Royal Caribbean have surged 72.3% in the past six months compared with the industry's 17% growth. The company has been benefiting from strong demand for its brands' vacation experiences, strong close-in bookings (at higher prices) and the continued strength of onboard revenues.

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Total debt on the balance sheet as of September 2023 : $20.56 B. According to Royal Caribbean's latest financial reports the company's total debt is $20.56 B.

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The price performance was backed by solid earnings surprise history. Royal Caribbean's earnings surpassed the Zacks Consensus Estimate in all of the trailing four quarters. Earnings estimates for 2023 and 2024 have moved up 6.5% and 9.1% in the past 30 days, respectively.

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Royal Caribbean's analyst rating consensus is a Strong Buy.

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The revenue of Royal Caribbean Cruises worldwide bounced back in 2022, following a dramatic drop with the onset of the coronavirus (COVID-19) pandemic. Despite the sharp annual increase, the company's global revenue remained below pre-pandemic levels, amounting to around 8.8 billion U.S. dollars in 2022.

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Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.

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Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.

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The latest closing stock price for Royal Caribbean Cruises as of November 13, 2023 is 97.81.
  • The all-time high Royal Caribbean Cruises stock closing price was 133.47 on January 17, 2020.
  • The Royal Caribbean Cruises 52-week high stock price is 112.95, which is 15.5% above the current share price.


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Winner: Royal Caribbean Both companies are market leaders in terms of fleet sizes. That said, Royal Caribbean has more ships and they're often larger, which means additional dining, activities and lodging options for passengers.

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Royal Caribbean Group is the owner and operator of three award-winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises.

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CLIA forecasts passenger numbers will not only meet but exceed pre-pandemic levels by the end of 2023. And according to Cruise Industry News' cruise ship orderbook for ocean-going vessels, nearly 40 new ships are lined up to debut this year alone, with more than 75 vessels on order through 2027.

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RCL Stock Forecast FAQ Based on analyst ratings, Royal Caribbean's 12-month average price target is $123.67. Royal Caribbean has 30.30% upside potential, based on the analysts' average price target. Royal Caribbean has a conensus rating of Strong Buy which is based on 8 buy ratings, 2 hold ratings and 0 sell ratings.

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When it comes to luxury cruises, nobody does lavish like Royal Caribbean. Unforgettable adventures call for an unforgettable oasis where you can rest and recharge in between thrills.

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When it comes to luxury cruises, nobody does lavish like Royal Caribbean. Unforgettable adventures call for an unforgettable oasis where you can rest and recharge in between thrills.

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