Royal Caribbean
About: Royal Caribbean is the world's second-largest cruise company, operating 66 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021 and plans to launch its new Celebrity River Cruise brand in 2027.
Employees: 98,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 83
7% more capital invested
Capital invested by funds: $34.6B [Q2] → $37.2B (+$2.55B) [Q3]
4% more funds holding
Funds holding: 898 [Q2] → 932 (+34) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 327
2.88% less ownership
Funds ownership: 84.37% [Q2] → 81.49% (-2.88%) [Q3]
20% less call options, than puts
Call options by funds: $1.83B | Put options by funds: $2.29B
21% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 11 (-3) [Q3]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Loop Capital Laura Champine 65% 1-year accuracy 17 / 26 met price target | 7%downside $250 | Hold Initiated | 4 Feb 2025 |
UBS Robin Farley 70% 1-year accuracy 7 / 10 met price target | 11%upside $301 | Buy Maintained | 4 Feb 2025 |
Morgan Stanley Jamie Rollo 0% 1-year accuracy 0 / 3 met price target | 17%downside $225 | Equal-Weight Maintained | 3 Feb 2025 |
Macquarie Paul Golding 65% 1-year accuracy 30 / 46 met price target | 11%upside $300 | Outperform Maintained | 30 Jan 2025 |
Goldman Sachs Lizzie Dove 70% 1-year accuracy 19 / 27 met price target | 13%upside $305 | Buy Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 50 articles about RCL published over the past 30 days









