Analysts anticipate that Royal Caribbean Cruises Ltd. will post $6.07 earnings per share for the current year.
The better-than-expected third quarter results were driven in part by strong last-minute demand at higher prices for cruises in China, Europe and North America, as well as its cost-saving initiatives, Royal Caribbean said. NEXT Financial Group Inc now owns 1,090 shares of the company's stock worth $119,000 after acquiring an additional 90 shares during the last quarter. Moore Mgmt L P stated it has 100,000 shares. Sterne Agee CRT initiated the shares of RCL in report on Tuesday, June 7 with "Neutral" rating. Corporate insiders own 15.30% of the company's stock. 2 funds opened positions while 9 raised stakes. Following the sale, the director now directly owns 19,768 shares of the company's stock, valued at approximately $1,512,845.04. Following the completion of the sale, the chief executive officer now owns 927,741 shares of the company's stock, valued at $112,525,705.89.
Several equities analysts have recently weighed in on RCL shares.
Study shows sheep recognise human faces
The results show that the animals' face-recognition abilities are similar to those of monkeys, apes - and humans. Finally, the researchers wanted to know if the sheep could recognise their handlers from a photo.
Analysts on average have given a price target of $131.67 to Royal Caribbean Cruises Ltd. (RCL) stock. On Wednesday, August 2 the stock rating was maintained by Nomura with "Buy". Seven investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Analysts have a mean recommendation of 1.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has "Outperform" rating given on Friday, January 27 by Wedbush.
TRADEMARK VIOLATION NOTICE: This report was originally published by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece of content on another domain, it was stolen and republished in violation of USA & worldwide trademark and copyright legislation.
What Historical Figures Say About Royal Caribbean Cruises Ltd. (NYSE RCL) traded up $3.89 on Tuesday, hitting $129.23.
Trump Wants Republicans to Repeal the Obamacare Mandate in Their Tax Bill
As lawmakers consider tax reform, GOP conservatives see rolling back the mandate as a way to cut federal spending. The Washington Examiner first reported on the draft executive order Monday.
The company expects full-year earnings in the range of $7.60 to $7.65 per share. The company has market cap of $82.99 million. After a recent check, it is observed that the insiders for the firm now own 0.60% shares. Wisconsin-based Northwestern Mutual Wealth Mgmt Com has invested 0% in Royal Caribbean Cruises Ltd (NYSE:RCL). Thestreet.com's news article titled: "Royal Caribbean Readies Debut of World's Biggest Cruise Ship" with publication date: October 16, 2017 was also an interesting one. The company reported $3.20 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.10. Royal Caribbean Cruises Ltd now has $27.76B valuation. However, 1.58% over the last one month, 4.62% for the last quarter and year to date performance stands at 52.78%. Comparatively, RCL posted earnings of $1.52 per share in the same quarter, a year earlier.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Friday, September 22nd were issued a dividend of $0.60 per share. Deutsche Bank AG started coverage on Royal Caribbean Cruises in a report on Thursday, September 29th.
The company expects net yields to improve 6% on a constant currency basis compared with the prior guidance of 5.5-6% increase. This is a boost from Royal Caribbean Cruises's previous quarterly dividend of $0.48. Moreover, Usa Financial Portformulas has 1% invested in Royal Caribbean Cruises Ltd (NYSE:RCL). Also, EVP Harri U. Kulovaara sold 7,580 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $76.53, for a total transaction of $665,122.23. The disclosure for this sale can be found here.
The US Is Still In The Paris Climate Agreement, FYI
And also on Monday, war-torn Syria said it would sign the Paris agreement - leaving the United States as the final holdout. Nicaragua and Syria were the only developed nations in the world that declined to originally sign onto the agreement.
Royal Caribbean's shares rose $5.50 or 4.4 percent to $130.84 in trading early Tuesday on the New York Stock Exchange. Royal Caribbean International offers a range of itineraries to the destinations, including Alaska, Asia, Australia, Canada, the Caribbean, the Panama Canal and New Zealand with cruise lengths that range from 2 to 24 nights. The Firm 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).