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Royal Caribbean Cruises Ltd. (RCL)

Consumer Cyclical | Travel Services | Miami, United States | NYSE
279.41 USD -5.39 (-1.893%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 281.44 +2.03 (0.727%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:18 a.m. EDT

Royal Caribbean presents a compelling long-term business with exceptional returns on equity and strong operating margins, yet the balance sheet carries significant weight with high leverage and negative free cash flow. While the nine-year price trajectory shows a massive cumulative gain and the latest year remains positive, the lack of sustained high-revenue growth and cash generation prevents a top-tier buy rating. For the short term, the stock has sold off sharply over the last two weeks and is trading below its fifty-day average, creating immediate headwinds. However, it remains above the two-hundred-day average, and options flow suggests strong support around the 280 to 290 level, offering a cushion for a recovery. The dividend yield is modest but sustainable given the low payout ratio. Investors should view this as a solid recovery play rather than a momentum trade, waiting for confirmation above the fifty-day average before adding to positions.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.054188
AutoETS0.057622
AutoTheta0.060747
AutoARIMA0.100858

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 45%
H-stat 1.68
Ljung-Box p 0.000
Jarque-Bera p 0.171
Excess Kurtosis -1.37
Attribute Value
Sector Consumer Cyclical
Ex Dividend Date 2026-06-02
Last Dividend Date 2026-06-02
Debt to Equity Ratio 224.816
Revenue per Share 69.065
Market Cap 74,728,783,872
Trailing P/E 17.27
Forward P/E 13.77
Beta 1.78
Profit Margins 23.54%
Website https://www.rclinvestor.com

As of Aug. 22, 2026, 4:18 a.m. EDT: Speculators are positioning for a bounce near the current price level, with significant call open interest concentrated at the 300 to 310 strike range acting as a resistance floor. Put buyers are hedging downside risk at the 280 to 285 level, while deep out-of-the-money put volume suggests fear of a sharper correction. Implied volatility is notably elevated on deep strikes, indicating a premium priced for tail risk.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.52% 1.72% 0.94% 0.56%
Dividend History
Date Dividend Yield %
2026-06-03 1.5000 0.523706
2026-03-06 1.5000 0.539413
2025-12-26 1.0000 0.350054
2025-09-25 1.0000 0.308138
2025-06-04 0.7500 0.282337
2025-03-07 0.7500 0.350467
2024-12-27 0.5500 0.236346
2024-09-20 0.4000 0.229819
2020-03-05 0.7800 1.185771
2019-12-19 0.7800 0.614899
2019-09-19 0.7800 0.693580
2019-06-03 0.7000 0.579950
2019-03-06 0.7000 0.597831
2018-12-19 0.7000 0.686611
2018-09-20 0.7000 0.529741
2018-06-01 0.6000 0.564281
2018-03-06 0.6000 0.484653
2017-12-20 0.6000 0.485909
2017-09-21 0.6000 0.516396
2017-05-31 0.4800 0.435651
2017-03-03 0.4800 0.502723
2016-12-19 0.4800 0.581466
2016-09-27 0.4800 0.645595
2016-05-26 0.3750 0.496952
2016-02-18 0.3750 0.536711
2015-12-17 0.3750 0.399148
2015-09-16 0.3750 0.387757
2015-05-15 0.3000 0.401445
2015-02-13 0.3000 0.397035
2014-12-18 0.3000 0.378072
2014-09-18 0.3000 0.438853
2014-05-16 0.2500 0.481696
2014-02-13 0.2500 0.478744
2013-12-12 0.2500 0.581395
2013-09-20 0.2500 0.635486
2013-05-17 0.1200 0.319659
2013-02-19 0.1200 0.339559
2012-12-13 0.1200 0.348939
2012-09-21 0.1200 0.385233
2012-05-18 0.1000 0.426257
2012-02-27 0.1000 0.356252
2011-12-20 0.1000 0.405844
2011-08-10 0.1000 0.421053
2008-09-11 0.1500 0.545653
2008-06-04 0.1500 0.527797
2008-03-13 0.1500 0.443131
2007-12-26 0.1500 0.345463
2007-09-26 0.1500 0.387197
2007-06-15 0.1500 0.354946
2007-02-27 0.1500 0.369731
2006-12-20 0.1500 0.375000
2006-09-27 0.1500 0.390117
2006-06-07 0.1500 0.400748
2006-02-27 0.1500 0.337762
2005-12-14 0.1500 0.319081
2005-09-22 0.1500 0.355282
2005-06-08 0.1300 0.283163
2005-02-25 0.1300 0.272023
2004-12-21 0.1300 0.242311
2004-09-09 0.1300 0.309967
2004-05-27 0.1300 0.327538
2004-02-26 0.1300 0.292859
2003-12-17 0.1300 0.384161
2003-09-24 0.1300 0.423867
2003-06-02 0.1300 0.612630
2003-02-27 0.1300 0.975244
2002-12-11 0.1300 0.684932
2002-09-13 0.1300 0.863214
2002-06-03 0.1300 0.577778
2002-03-14 0.1300 0.619048
2001-12-13 0.1300 0.813517
2001-09-17 0.1300 1.018809
2001-06-04 0.1300 0.609185
2001-02-27 0.1300 0.462963
2000-12-15 0.1300 0.571429
2000-09-14 0.1300 0.571429
2000-06-05 0.1100 0.468085
2000-02-28 0.1100 0.324125
1999-12-01 0.1100 0.226804
1999-09-09 0.1100 0.241758
1999-05-28 0.0900 0.230032
1999-04-28 0.0910 0.245118
1999-02-25 0.0900 0.271698
1998-12-16 0.0900 0.295688
1998-08-28 0.0900 0.315098
1998-05-29 0.0750 0.215247
1998-02-26 0.0750 0.276498
1997-12-17 0.0750 0.317041
1997-08-28 0.0750 0.363636
1997-05-29 0.0700 0.397163
1997-03-06 0.0700 0.457143
1996-11-27 0.0700 0.543689
1996-09-12 0.0700 0.523364
1996-05-28 0.0650 0.460177
1996-02-28 0.0650 0.544503
1995-11-29 0.0650 0.533333
1995-08-30 0.0575 0.531792
1995-05-25 0.0550 0.423077
1995-02-23 0.0550 0.417062
1994-11-25 0.0550 0.403670
1994-08-26 0.0550 0.372881
1994-05-25 0.0450 0.315789
1994-02-23 0.0450 0.338028
1993-11-24 0.0450 0.347826
1993-08-26 0.0900 0.750000
Additional Data
dividendRate 5.0
dividendYield 1.76
exDividendDate 2026-06-03
trailingAnnualDividendRate 5.0
trailingAnnualDividendYield 0.017556181
lastDividendValue 1.5
lastDividendDate 2026-06-03
dividendDate 2026-07-02

Info Dump

Attribute Value
52 Week Change -0.19566202
Address1 1,050 Caribbean Way
All Time High 366.5
All Time Low 5.4
Ask 280.9
Ask Size 80
Audit Risk 6
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 1,472,240
Average Daily Volume3 Month 2,256,606
Average Volume 2,256,606
Average Volume10Days 1,472,240
Beta 1.779
Bid 280.0
Bid Size 200
Board Risk 7
Book Value 38.273
City Miami
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 279.41
Current Ratio 0.209
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 287.5
Day Low 279.41
Debt To Equity 224.816
Display Name Royal Caribbean Cruises
Dividend Date 1,782,950,400
Dividend Rate 5.0
Dividend Yield 1.76
Earnings Call Timestamp End 1,785,247,200
Earnings Call Timestamp Start 1,785,247,200
Earnings Growth -0.046
Earnings Quarterly Growth -0.068
Earnings Timestamp 1,785,241,800
Earnings Timestamp End 1,793,104,200
Earnings Timestamp Start 1,793,104,200
Ebitda 6,926,000,128
Ebitda Margins 0.37073
Enterprise To Ebitda 14.091
Enterprise To Revenue 5.224
Enterprise Value 97,595,785,216
Eps Current Year 17.79981
Eps Forward 20.29286
Eps Trailing Twelve Months 16.18
Esg Populated 0
Ex Dividend Date 1,780,444,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 302.6282
Fifty Day Average Change -23.2182
Fifty Day Average Change Percent -0.07672187
Fifty Two Week Change Percent -19.566202
Fifty Two Week High 362.79
Fifty Two Week High Change -83.380005
Fifty Two Week High Change Percent -0.22982994
Fifty Two Week Low 232.1
Fifty Two Week Low Change 47.309998
Fifty Two Week Low Change Percent 0.20383453
Fifty Two Week Range 232.1 - 362.79
Financial Currency USD
First Trade Date Milliseconds 736,003,800,000
Five Year Avg Dividend Yield 2.52
Float Shares 241,971,924
Forward Eps 20.29286
Forward P E 13.768883
Free Cashflow -1,516,249,984
Full Exchange Name NYSE
Full Time Employees 107,950
Fullday Change -5.38998
Fullday Change Percent -1.89255
Fullday Price 281.44
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.50284
Gross Profits 9,393,999,872
Has Pre Post Market Data 1
Held Percent Insiders 0.06196
Held Percent Institutions 0.90848
Implied Shares Outstanding 267,452,084
Industry Travel Services
Industry Disp Travel Services
Industry Key travel-services
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=103045&p=irol-irhome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,780,444,800
Last Dividend Value 1.5
Last Fiscal Year End 1,767,139,200
Last Split Date 902,102,400
Last Split Factor 2:1
Long Business Summary Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
Long Name Royal Caribbean Cruises Ltd.
Market us_market
Market Cap 74,728,783,872
Market State CLOSED
Max Age 86,400
Message Board Id finmb_325643
Most Recent Quarter 1,782,777,600
Net Income To Common 4,398,000,128
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 76,170,353,523
Number Of Analyst Opinions 26
Open 286.0
Operating Cashflow 6,785,999,872
Operating Margins 0.2707
Overall Risk 9
Payout Ratio 0.30879998
Peg Ratio 1.37
Phone 305 539 6000
Post Market Change 2.0299988
Post Market Change Percent 0.72653043
Post Market Price 281.44
Post Market Time 1,787,961,536
Previous Close 284.8
Price Eps Current Year 15.697358
Price Hint 2
Price To Book 7.300447
Price To Sales Trailing12 Months 4.000042
Profit Margins 0.23541
Quick Ratio 0.113
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.75
Region US
Regular Market Change -5.38998
Regular Market Change Percent -1.89255
Regular Market Day High 287.5
Regular Market Day Low 279.41
Regular Market Day Range 279.41 - 287.5
Regular Market Open 286.0
Regular Market Previous Close 284.8
Regular Market Price 279.41
Regular Market Time 1,787,947,202
Regular Market Volume 1,107,231
Return On Assets 0.07682
Return On Equity 0.44669998
Revenue Growth 0.065
Revenue Per Share 69.065
Sand P52 Week Change 0.20504117
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 9
Shares Outstanding 267,452,084
Shares Percent Shares Out 0.04
Shares Short 10,704,459
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 13,080,319
Short Name Royal Caribbean Cruises Ltd.
Short Percent Of Float 0.0585
Short Ratio 4.94
Source Interval 15
State FL
Symbol RCL
Target High Price 415.0
Target Low Price 262.0
Target Mean Price 346.92307
Target Median Price 353.0
Total Cash 876,000,000
Total Cash Per Share 3.275
Total Debt 23,517,999,104
Total Revenue 18,681,999,360
Tradeable 0
Trailing Annual Dividend Rate 5.0
Trailing Annual Dividend Yield 0.017556181
Trailing Eps 16.18
Trailing P E 17.26885
Trailing Peg Ratio 1.3337
Triggerable 1
Two Hundred Day Average 287.53436
Two Hundred Day Average Change -8.124359
Two Hundred Day Average Change Percent -0.028255263
Type Disp Equity
Volume 1,107,231
Website https://www.rclinvestor.com
Zip 33,132-2096