How high will Royal Caribbean stock go? (2024)

How high will Royal Caribbean stock go?

RCL Stock 12 Month Forecast

How high will RCL stock go?

Is Royal Caribbean a buy or sell?

Royal Caribbean Cruises stock has received a consensus rating of buy.

What is the stock price forecast for Royal Caribbean in 2025?

On average, Wall Street analysts predict that Royal Caribbean Cruises's share price could reach $147.07 by Apr 17, 2025. The average Royal Caribbean Cruises stock price prediction forecasts a potential upside of 13.82% from the current RCL share price of $129.21.

What is the highest stock price for Royal Caribbean?

The all-time high Royal Caribbean Cruises stock closing price was 140.56 on April 01, 2024. The Royal Caribbean Cruises 52-week high stock price is 141.70, which is 11.4% above the current share price.

Should I sell my Royal Caribbean stock?

Based on analyst ratings, Royal Caribbean's 12-month average price target is $150.67. Royal Caribbean has 8.39% upside potential, based on the analysts' average price target. Royal Caribbean has a conensus rating of Strong Buy which is based on 10 buy ratings, 2 hold ratings and 0 sell ratings.

What is the 5 year forecast for Royal Caribbean?

Royal Caribbean Group quote is equal to 128.090 USD at 2024-04-16. Based on our forecasts, a long-term increase is expected, the "RCL" stock price prognosis for 2029-04-11 is 142.228 USD. With a 5-year investment, the revenue is expected to be around +11.04%. Your current $100 investment may be up to $111.04 in 2029.

Is Royal Caribbean a good investment right now?

Royal Caribbean Cruises (RCL) is a stock many investors are watching right now. RCL is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 13.01 right now. For comparison, its industry sports an average P/E of 18.37.

What is the best cruise ship stock?

In addition to The Walt Disney Company (NYSE:DIS), Royal Caribbean Cruises Ltd. (NYSE:RCL), and Hilton Worldwide Holdings Inc. (NYSE:HLT), Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is one of the best cruise stocks to monitor.

What do you get if you own 100 shares of Royal Caribbean stock?

Any shareholder holding a minimum of 100 RCL shares.

What is the offer? $250 Onboard Credit per Stateroom on Sailings of 14 or more nights. $200 Onboard Credit per Stateroom on Sailings of 9 to 13 nights.

Is Royal Caribbean a dividend stock?

Royal Caribbean (RCL) does not pay a dividend.

Who owns Royal Caribbean stock?

Hedge funds don't have many shares in Royal Caribbean Cruises. The company's largest shareholder is Capital Research and Management Company, with ownership of 23%. The Vanguard Group, Inc. is the second largest shareholder owning 9.4% of common stock, and A. Wilhelmsen Capital AS holds about 5.9% of the company stock.

How many shares do you need Royal Caribbean?

Onboard credit is applied on a per stateroom basis, double occupancy. Only one shareholder credit per stateroom on any one sailing. If shares are held jointly, 100 shares are required for each onboard credit request on any one sailing.

What is the most expensive stock to own?

Berkshire Hathaway has the highest-priced shares of any U.S. company, and is also one of the largest companies in the world, consistently ranking in the top 10 by market value.

What is the most expensive share of all time?

Berkshire Hathaway Inc.

Berkshire Hathaway, the conglomerate headed by legendary investor Warren Buffett, has the most expensive stock in the world, with shares trading at over $400,000 each. Berkshire Hathaway's market capitalisation is over $640 billion, making it one of the giant companies in the world.

Is Royal Caribbean the biggest cruise company?

It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of March 2024, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises with 65 ships in the current fleet and 5 ships on order until 2028.

What is the dividend for Royal Caribbean in 2024?

Historical dividend payout and yield for Royal Caribbean Cruises (RCL) since 1995. The current TTM dividend payout for Royal Caribbean Cruises (RCL) as of April 19, 2024 is $0.00. The current dividend yield for Royal Caribbean Cruises as of April 19, 2024 is 0.00%.

Why to invest in Royal Caribbean?

RCL boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Royal Caribbean are trading at a forward earnings multiple of 12.8X, as well as a PEG Ratio of 0.5, a Price/Cash Flow ratio of 9.7X, and a Price/Sales ratio of 2.4X.

Why is RCL stock going up?

Royal Caribbean (RCL) raised its 2024 earnings guidance Wednesday night, citing stronger-than-expected vacation demand. Shares of the cruise line stock popped early Thursday.

When should you book a cruise 2024?

But generally speaking, it's best to book over a year in advance during the November to March sale season.

Do Royal Caribbean cruises get cheaper closer to date?

Planning ahead is a great way to score big savings, as Royal Caribbean often runs early saver deals to guests booking well in advance. It's also pretty safe to assume prices usually go up as availability goes down the closer you get to your sail date, so booking ahead is a surefire way to lock in a great rate.

Will Carnival stock go up?

CCL Stock 12 Month Forecast

Based on 15 Wall Street analysts offering 12 month price targets for Carnival in the last 3 months. The average price target is $22.75 with a high forecast of $25.00 and a low forecast of $20.00. The average price target represents a 58.65% change from the last price of $14.34.

Is Royal Caribbean in debt?

Total debt on the balance sheet as of December 2023 : $22.13 B. According to Royal Caribbean's latest financial reports the company's total debt is $22.13 B. A company's total debt is the sum of all current and non-current debts.

Is Royal Caribbean considered luxury?

For some, exceptional service, world class comforts and exclusive access represent ultimate luxury. And when you sail in Royal Suite Class, you'll get all that and more —not to mention a lavish suite to come home to after a day spent discovering the best that Royal Caribbean has to offer.

Is it a good idea to buy cruise stock?

And with consumer spending on vacations still quite elevated and the Fed seemingly determined to cut rates in 2024, the cruise operators' stocks should continue to deliver excellent returns for at least the rest of this year. For investors who want to exploit the sector's strength, here are three cruise stocks to buy.