What is Zacks Research’s Estimate for RCL Q3 Earnings?

Royal Caribbean Cruises Ltd. (NYSE:RCL) – Equities research analysts at Zacks Research lowered their Q3 2025 earnings estimates for shares of Royal Caribbean Cruises in a report issued on Monday, August 11th. Zacks Research analyst M. Kaushik now anticipates that the company will earn $5.64 per share for the quarter, down from their previous estimate of $5.85. The consensus estimate for Royal Caribbean Cruises’ current full-year earnings is $14.90 per share. Zacks Research also issued estimates for Royal Caribbean Cruises’ Q4 2025 earnings at $2.78 EPS, Q1 2026 earnings at $3.15 EPS, Q3 2026 earnings at $5.67 EPS, Q4 2026 earnings at $3.71 EPS, FY2026 earnings at $17.09 EPS, Q1 2027 earnings at $4.69 EPS, Q2 2027 earnings at $5.52 EPS and FY2027 earnings at $20.73 EPS.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, July 29th. The company reported $4.38 earnings per share for the quarter, topping the consensus estimate of $4.04 by $0.34. The company had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.54 billion. Royal Caribbean Cruises had a net margin of 20.97% and a return on equity of 47.15%. Royal Caribbean Cruises’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.21 EPS.

Several other brokerages have also recently commented on RCL. The Goldman Sachs Group decreased their price target on shares of Royal Caribbean Cruises from $305.00 to $245.00 and set a “buy” rating on the stock in a research note on Wednesday, April 23rd. UBS Group set a $353.00 target price on shares of Royal Caribbean Cruises and gave the company a “buy” rating in a research report on Friday, August 8th. Bank of America upped their price target on shares of Royal Caribbean Cruises from $230.00 to $355.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Jefferies Financial Group upped their price target on shares of Royal Caribbean Cruises from $235.00 to $315.00 and gave the company a “hold” rating in a report on Monday, July 7th. Finally, Wall Street Zen downgraded shares of Royal Caribbean Cruises from a “buy” rating to a “hold” rating in a research note on Saturday, June 28th. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.10.

Royal Caribbean Cruises Trading Down 0.3%

Shares of Royal Caribbean Cruises stock opened at $312.44 on Wednesday. The company has a market capitalization of $84.87 billion, a P/E ratio of 23.42, a P/E/G ratio of 0.88 and a beta of 2.22. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.21 and a current ratio of 0.23. The company has a fifty day moving average of $312.02 and a 200 day moving average of $258.33. Royal Caribbean Cruises has a fifty-two week low of $154.08 and a fifty-two week high of $355.91.

Insider Buying and Selling

In other news, CAO Henry L. Pujol sold 5,207 shares of the stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $329.47, for a total transaction of $1,715,550.29. Following the transaction, the chief accounting officer directly owned 7,826 shares in the company, valued at approximately $2,578,432.22. This trade represents a 39.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard D. Fain sold 19,600 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $253.10, for a total transaction of $4,960,760.00. Following the sale, the director directly owned 165,421 shares of the company’s stock, valued at $41,868,055.10. The trade was a 10.59% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,807 shares of company stock worth $11,652,630. Insiders own 6.95% of the company’s stock.

Institutional Investors Weigh In On Royal Caribbean Cruises

A number of hedge funds and other institutional investors have recently bought and sold shares of RCL. Opal Wealth Advisors LLC purchased a new position in shares of Royal Caribbean Cruises in the second quarter worth $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $31,000. 1 North Wealth Services LLC acquired a new stake in Royal Caribbean Cruises during the second quarter valued at $31,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $32,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of Royal Caribbean Cruises in the first quarter valued at about $25,000. Hedge funds and other institutional investors own 87.53% of the company’s stock.

Royal Caribbean Cruises Company Profile

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 February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd.