117.10 0.00 (0.00%)
After hours: 5:40PM EDT
|Bid||117.04 x 800|
|Ask||117.02 x 800|
|Day's Range||114.39 - 117.52|
|52 Week Range||89.48 - 133.60|
|Beta (3Y Monthly)||1.72|
|PE Ratio (TTM)||13.38|
|Forward Dividend & Yield||2.80 (2.44%)|
|1y Target Est||N/A|
Royal Caribbean Cruises Ltd. has formed a new company through a joint venture that will develop, own and operate destinations in coastal cities. The new company, called Holistica Destinations Ltd., is a 50-50 partnership between the Miami-based cruise company (NYSE: RCL) and Mexico-based ITM Group. The two companies are searching for a CEO for Holistica, which will be headquartered in Miami.
Carnival's (CCL) top-line improvement in second-quarter fiscal 2019 can be attributed strength in passenger tickets, and onboard and other as well as tour and other businesses.
The Cuba cruise ban and technical problems with one of Carnival's ship are some of the reasons for the company's lower estimated earnings.
Carnival stock tumbled after the cruise operator lowered its full-year guidance, overshadowing its second-quarter earnings results.
Royal Caribbean CEO Richard Fain, one of our 2019 World’s Best CEOs, discussed his outlook for the company and the cruise industry.
Royal Caribbean Cruises Ltd NYSE:RCLView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for RCL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting RCL. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding RCL are favorable, with net inflows of $9.23 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. RCL credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Under his leadership, the big bank has posted record profits and overcome the ugly legacy of its financial crisis-era missteps
Royal Caribbean Cruises Ltd. (NYSE:RCL) saw a decent share price growth in the teens level on the NYSE over the last...
With global travel in the midst of a digital revolution, the cruise sector has worked to bring the cruise experience into the digital age. It hasn't been easy, but global cruise lines are finally deploying new technology to a wide swath of their vessels while looking to improve experiences beyond the ships themselves. "As you, […]The post Royal Caribbean's Vision for Data-Driven Cruising Is Almost Here appeared first on Skift.
Major cruise companies are telling investors how hard the ban on cruises to Cuba could hit their bottom lines. Norwegian Cruise Line Holdings Ltd. on Friday lowered its estimated earnings per share (EPS) for fiscal 2019, anticipating up to an 8% drop. Meanwhile, Royal Caribbean Cruises Ltd. expects about a 3% reduction in EPS.
Royal Caribbean Cruises Ltd (NYSE: RCL ) earlier this week commented on the U.S. government's policy change on travel to Cuba and adjusted earnings per share in the range of 25-35 cents, All U.S. cruise ...
Norwegian Cruise Line Holdings Ltd said on Friday the Trump administration's sudden ban on cruises to Cuba would hit its 2019 profit. Cruise operators are scrambling to adjust their itineraries after the United States said it would no longer permit visits to the Caribbean island via passenger and recreational vessels, including cruise ships and yachts. Rival Royal Caribbean Cruises Ltd said on Thursday the travel restrictions would reduce its 2019 adjusted earnings by 25 cents to 35 cents per share.
We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of Royal Caribbean Cruises Ltd. (NYSE:RCL). Royal […]
Royal Caribbean Cruises Ltd. said Thursday it expects the sudden U.S. government's ban on cruises to Cuba to have an up to 3.5% negative effect on its 2019 profit. The stock edge up 0.1% in morning trade, after falling 2.5% the previous session after the ban was announced. The company estimates the policy change will reduce adjusted earnings per share by 25 cents to 35 cents, compared with the FactSet EPS consensus of $9.87. "While the affected sailings impact only 3 percent of our 2019 capacity, the extremely short notice period for this high yielding destination amplifies the earnings impact," said Chief Financial Officer Jason Liberty. "The result of this policy change has created a short-term impact to our guests, operations and earnings; fortunately, we have many alternative and attractive destinations for our guests to choose from." The stock has gained 1.3% over the past three months, while the S&P 500 has tacked on 2.2%.
The U.S. government will no longer allow cruise ships to travel from American ports to Cuba, as part of a new series of travel-related sanctions. The change could affect cruises set to depart this weekend.
Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will wipe out 90% of his business overnight. Hernandez is one of thousands of Cubans who benefited from the boom in American visitors to the Caribbean's largest island following the loosening of travel restrictions under former U.S. President Barack Obama during the short-lived 2014-2016 detente between the Cold War foes.
Royal Caribbean, Carnival, and Norwegian stock were all falling after the White House’s new restrictions on Cuba travel, which seem to effectively ban ships from docking in Cuba ports.
Cruise companies were not surprised by the Trump administration's announcement that cruises from the U.S. to Cuba are once again banned, but the timing of its effect likely caught them off guard. Since the policy was announced Tuesday, cruise companies have scrambled to reroute voyages and refund guests who booked trips to the island. The move will likely cost South Florida-based companies such as Carnival Corp. (NYSE: CCL), Royal Caribbean Cruises Ltd. (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) tens of millions of dollars, cruise analyst David Beckel, of New York-based AB Bernstein, told the Business Journal.
The new restrictions are aimed at pressuring Cuba's Communist government to reform and stop supporting Venezuelan President Nicolas Maduro. "Due to changes in U.S. policy, the company will no longer be permitted to sail to Cuba effective immediately," Carnival Corp said. A spokesman for Norwegian Cruise Line Holdings Ltd said the company had ceased all calls to Cuba and was modifying previously scheduled sailings.
The Trump administration on Tuesday ended the most popular forms of U.S. travel to Cuba, banning cruise ships and a heavily used category of educational travel in an attempt to cut off cash to the island’s communist government.
Carnival stock sinking after the company cut its full-year profit guidance. This as its new ship will feature the world's first roller coaster at sea. Yahoo Finance's Seana Smith and Dan Roberts discuss.
Thousands of people rallied in Venice on Saturday to ban cruise ships from the city's lagoon. They protested almost a week after a ship hit a small boat before crashing into a pier after an engine failure. Critics say the Italian city's fragile underwater foundations are being damaged by the massive vessels. Here's Yahoo Finance's Seana Smith, Dan Roberts, Akiko Fujita and Melody Hahm to talk about the affect any ban could have on tourism.