Royal Caribbean Cruises Ltd. Co (NYSE:RCL):
Royal Caribbean To Hold Conference Call On Third Quarter 2016 Earnings.
The company is up by 9.42% since yesterday’s close of $68.06.
Additionally Royal Caribbean Cruises Ltd. Co recently announced a dividend paid on Thursday October 13th, 2016. The dividend payment was $0.480 per share for the quarter or $1.92 on an annualized basis. This dividend represents a yield of $2.72. The ex-dividend date was set for Tuesday the 27th of September 2016.
Company shares last traded at $74.47 a bit higher than $70.91, the 50 day moving average and slightly over the 200 day moving average of $72.89. The 50 day moving average was up $3.56 and the 200 day average went up by +2.16%.
Royal Caribbean Cruises Ltd. Co currently has a P/E ratio of 21.25 and the market cap is 16.03B. In the latest earnings report the EPS was $3.50 and is expected to be $6.02 for the current year with 215,264,000 shares outstanding. Next quarter’s EPS is expected be $1.25 and the next full year EPS is projected to be $6.90.
Wall Street analysts have weighed in on RCL of late. Equity analyst JP Morgan both downgraded the stock and lowered the price target on October 27 changing the price target from $90.00 to $73.00 and altering the rating from “Overweight” to “Neutral”. On October 27 the stock rating was downgraded from “Overweight” to “Neutral” with a current price target of $73.00 in a statement from JP Morgan.
On October 4, 2016 Macquarie started coverage giving it an initial rating of “Outperform”. On October 3 Citigroup maintained a company rating of “Buy” but lowered the price expectation from $107.00 to $91.00.
On September 29 analysts at Deutsche Bank initiated coverage on RCL setting a rating of “Hold” and price target of $81.00. Bernstein began coverage of RCL with a rating of “Outperform” and setting a price target of $90.00.