|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||14.61|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||2.40 (2.22%)|
|1y Target Est||142.17|
This could indicate that investors who seek to profit from falling equity prices are not currently targeting RCL. Over the last one-month, outflows of investor capital in ETFs holding RCL totaled $143 million.
After struggling for most of this year, Norwegian Cruise Line Holdings shares (NCLH) finally benefited from a nice tailwind on Wednesday. Earlier in the day, the cruise operator said in a release that it expects to boost its current earnings guidance for this fiscal year when it reports quarterly earnings next month. The company has said previously it expected to earn adjusted earnings per share of $4.55 to $4.70 in 2018.
MIAMI, July 17, 2018 /PRNewswire/ -- Once again, Celebrity Cruises is set to transform the industry with the unveiling of THE CELEBRITY REVOLUTION, a more than $500-million reimagining of the fleet in partnership with more than 500 leading architects, designers, and engineers designed to bring the rest of the brand's award-winning fleet to the Edge. It began with the introduction of the industry-changing Celebrity Edge, and continued with the stunning Celebrity Flora," said Lisa Lutoff-Perlo, President and CEO, Celebrity Cruises. Transforming the brand's award-winning ships gave Celebrity the opportunity to bring its already world-class suite experience on board Celebrity Millennium, Celebrity Constellation, Celebrity Infinity, and Celebrity Summit to lavish new heights with the help of visionary designer Kelly Hoppen, MBE.
Cruise-line operators continue to trade at depressed multiples, unable to navigate the concerns investors have about the group–most notably that there will be too many ships on the high seas in the next few years as expansion occurs, crimping pricing and profitability. Cruise stocks “are trading at below historic [price-earnings multiples], despite better return profile[s] and improved balance sheets vs. 10-15 year average,” Farley wrote in a note dated Monday. Barron’s agreed with this bullish assessment in a recent story about Royal Caribbean Cruises (RCL).
MSC Cruises and Miami-Dade County have signed a pact to construct a new cruise terminal at PortMiami. The agreement calls for completing Cruise Terminal AAA by October 2022 and extends MSC Cruises’ existing Saturday preferential berthing rights to Sundays. It sails year around from Miami to the Caribbean from Terminal F. MSC Diva also sails to the Caribbean from October through March.
PortMiami is charting a course for its future with new terminals that will anchor its global reputation.
Starbucks (SBUX) is the latest company to ban the use of plastic straws. “For our partners and customers, this is a significant milestone to achieve our global aspiration of sustainable coffee, served to our customers in more sustainable ways,” said Chief Executive Kevin Johnson. The city of Seattle has banned single-use plastic straws and utensils from all of its 5,000 restaurants, as of July 1.
Hyatt Hotels Corp. (h) said Monday it plans to eliminate plastic straws and drink picks, but did not detail by when. The company said the move was part of its 2020 Environmental Sustainability Vision launched in 2014. "Eliminating plastic straws and drink picks builds on the environmental sustainability programs we have in place and further drives our global efforts to reduce environmental impact," said SVP Frank Lavey.
On Friday, July 6, 2018, US markets saw broad based gains with all sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below.
Starbucks Corp. (sbux) said Monday it will eliminate single-use plastic straws by 2020, in favor of strawless lids or alternative material straw options. The coffee seller said the move will eliminate more than one billion plastic straws per year from its more than 28,000 stores. "For our partners and customers, this is a significant milestone to achieve our global aspiration of sustainable coffee, served to our customers in more sustainable ways," said Chief Executive Kevin Johnson.
This weekend's Barron's provides a look at four profit champs for your portfolio. Other featured articles include a bargain play on luxury real estate and a cruise operator with momentum. Also, big opportunities ...
Carnival noted that since March, booking volumes for the forward three quarters have been slightly ahead at prices that have been in line with the year-ago period. Carnival's market is underpenetrated, with less than 4% of the domestic market ever having cruised. In our opinion, Carnival has the best ability to capitalize on these underserved international markets, thanks to its global reach and tailored fleet.
Royal Caribbean International has invested $120 million to refurbish Mariner of the Seas, a 15-year-old ship that can hold 3,114 passengers. With new features including a Polynesian-style tiki bar, a virtual reality trampoline attraction and glow-in-the-dark laser tag, Mariner of the Seas has begun sailing four-night weekday and three-night weekend in itineraries from PortMiami with visits to Nassau and CocoCay. Before its arrival in Miami, Mariner of the Seas sailed itineraries in Singapore, Shanghai and Hong Kong.
MIAMI (AP) — Royal Caribbean has invested $120 million in a 15-year-old ship as part of a plan to attract younger travelers with shorter cruises.
Shares were down as much as 10 percent after the cruise line cut their full-year earnings outlook to a range between $4.15 and $4.25 from a range between $4.20 and $4.40 earnings. Other cruise line stocks felt pressure after Carnival's earnings report as well, with shares of Norwegian Cruise Line and Royal Caribbean Cruises also dropping. Carnival CCL shares dropped Monday after the company cut its full-year guidance, citing increased fuel costs and unfavorable currency exchange rates.
Are U.S. stock-market investors pinning their hopes on a factor that may ultimately have a limited impact on price moves?
MIAMI, June 21, 2018 /PRNewswire/ -- Coinciding with the first day of summer, Royal Caribbean International's much-hyped Mariner of the Seas sailed into its new home at PortMiami today amped up with $120 million of new thrills, restaurants, staterooms and entertainment. Short getaways are forever changed with Mariner's highly anticipated 4-night weekday and 3-night weekend cruises from Miami to The Bahamas.
MIAMI, June 21, 2018 /PRNewswire/ -- Designed to leave guests in awe, Celebrity Cruises celebrates another milestone with the unveiling of the line's first ever brand-designed cruise terminal, Terminal 25 (T25), located at Port Everglades in Hollywood, Fla. Designed to complement the sophistication of the terminal's future resident – the industry's most anticipated new ship, Celebrity Edge – T25 features cutting-edge technology and a sleek design, all crafted to create the ultimate guest experience. Brought to life in collaboration with Broward County's Port Everglades and seasoned architectural firm Bermello Ajamil & Partners, Inc., T25 melds a gorgeous, warm design with unique technology, such as Frictionless Arrival, which will make the check-in process absolutely seamless, and an interactive light wall art installation.
CNBC's Seema Mody reports on cruise line shares falling, led by Carnival, which plunged after providing disappointing guidance for the year.