RCL · NYQ
S&P 500
Royal Caribbean Cruises Ltd.
Consumer cyclical · Travel Services
$339.85
+$2.87 (+0.85%) Nov 10, 2026
Session of Nov 10, 2026 · updated · Source: Yahoo Finance
Consensus of 29 analysts
Buy
Median price target $358.00 +5.3%
- Open
- $339.88
- Day range
- 334.06 – $341.66
- 52-week range
- 222.22 – $356.39
- Volume
- 1,606,698
- Market cap
- $90,900M
- P/E (TTM)
- 20.1x
- EPS (TTM)
- $16.90
- EPS est. 2026
- $17.93
- P/E est. 2026
- 19.0x
- Dividend yield
- 1.6%
- Beta
- 1.86
- Payout
- 33%
The analysis of this company is being prepared and will appear in the next update.
Royal Caribbean financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $5,591M | +8.8% |
| Net income | $1,728M | +9.7% |
| Earnings per share | $6.45 | +12.4% |
| Net margin | 30.9% | +0.3 pp |
| Free cash flow | $937M | n/s |
| Debt / equity | 1.98 | −4.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $5,139M | $1,575M |
| Q4 2025 | $4,258M | $754M |
| Q1 2026 | $4,452M | $941M |
| Q2 2026 | $4,832M | $1,128M |
| Q3 2026 | $5,591M | $1,728M |
Royal Caribbean earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 22 | $3.5553.52 – 3.62 | +27.0%$2.800 |
| Next quarterQ1 2027 · Analysts: 13 | $3.7373.39 – 4.83 | +3.8%$3.600 |
| Current year2026 · Analysts: 25 | $17.93117.86 – 18.00 | +14.7%$15.640 |
| Next year2027 · Analysts: 28 | $20.49119.53 – 24.44 | +14.3%$17.931 |
Forward P/E: 19.0x (2026) and 16.6x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $5.740 | — |
| Q4 2025 | $2.800 | $2.797 |
| Q1 2026 | $3.600 | $3.197 |
| Q2 2026 | $4.210 | $3.982 |
| Q3 2026 | $6.570 | $6.378 |
| Q4 2026 | — | $3.555 |
| Q1 2027 | — | $3.737 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | −$8.450 | — |
| 2023 | $6.310 | — |
| 2024 | $11.000 | — |
| 2025 | $15.610 | — |
| 2026 | — | $17.931 |
| 2027 | — | $20.491 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $3.737 | +3.8% |
| Q4 2026Estimated | $3.555 | +27.0% |
| Q3 2026 | $6.570est. $6.378 · surprise +3.0% | +14.5% |
| Q2 2026 | $4.210est. $3.982 · surprise +5.7% | n/a |
| Q1 2026 | $3.600est. $3.197 · surprise +12.6% | n/a |
| Q4 2025 | $2.800est. $2.797 · surprise +0.1% | n/a |
| Q3 2025 | $5.740 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $20.491 | +14.3% |
| 2026Estimated | $17.931 | +14.9% |
| 2025 | $15.610 | +41.9% |
| 2024 | $11.000 | +74.3% |
| 2023 | $6.310 | n/s |
| 2022 | −$8.450 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Royal Caribbean dividend
Yield and payments
| Dividend yield (TTM) | 1.6% |
| Forward yield (next 12m) | 1.8% |
| Dividend per share (TTM) | $5.50 |
| Forward dividend (next 12m) | $6.00 |
| Payout (TTM) | 33% |
| Last dividend | $1.50Sep 17, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $2.96 |
| 2020 | $0.78 |
| 2021 | $0.00 |
| 2022 | $0.00 |
| 2023 | $0.00 |
| 2024 | $0.95 |
| 2025 | $3.50 |
| est. 12m | $6.00 |
Royal Caribbean forecasts
29 analyst ratings
Consensus: Buy · 24 buy, 4 hold, 1 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $425.00 | +25.1% |
| Median | $358.00 | +5.3% |
| Low | $270.00 | −20.6% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $266.25 |
| Dec 31, 2025 | $278.92 |
| Jan 30, 2026 | $324.65 |
| Feb 27, 2026 | $310.96 |
| Mar 31, 2026 | $275.18 |
| Apr 30, 2026 | $263.76 |
| May 29, 2026 | $284.63 |
| Jun 30, 2026 | $317.53 |
| Jul 31, 2026 | $318.30 |
| Aug 31, 2026 | $268.74 |
| Sep 30, 2026 | $265.86 |
| Oct 30, 2026 | $307.18 |
| Nov 10, 2026 | $339.85 |
Royal Caribbean peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| RCL | Royal Caribbean | 90,900 | 20.1x | 339.85 | +0.85% | 222.22356.39 |
| BKNG | Booking | 118,442 | 17.3x | 159.26 | −2.59% | 146.28220.81 |
| ABNB | Airbnb | 111,531 | 35.1x | 186.90 | −1.78% | 110.81197.87 |
| CCL | Carnival | 41,333 | 13.5x | 30.74 | −0.23% | 21.4534.03 |
| EXPE | Expedia | 30,091 | 14.9x | 253.77 | −2.08% | 185.34342.00 |
| NCLH | Norwegian Cruise Line | 8,501 | 10.2x | 18.51 | +0.43% | 13.6325.13 |
What the AI agents think about Royal Caribbean
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