Wells Fargo has initiated coverage on Royal Caribbean Cruises Ltd (RCL) with an Overweight rating, marking the firm's first assessment of the company's investment potential. This decision underscores the bank's confidence in Royal Caribbean's business model and growth prospects within the competitive cruise industry.
Headquartered in Miami, Florida, Royal Caribbean Group operates notable cruise brands including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company employs 105,950 full-time staff and offers a diverse range of itineraries, calling on approximately 1,000 destinations across all seven continents. Recent financial results have shown a positive trajectory, with the company reporting a Q3 2025 EPS of $5.75, slightly surpassing estimates.
Currently, Royal Caribbean boasts a market capitalization of $69.0 billion and a P/E ratio of 16.97. The company also has a robust dividend yield of 123.6%. Upcoming earnings reports are scheduled for April 26, 2026, with an estimated EPS of $3.14, and July 26, 2026, with an estimated EPS of $4.87.
Analyst ratings are based on research and financial models, providing insights into market perceptions. However, they are subject to change as new information emerges, and should be considered alongside a range of factors including company fundamentals and industry trends. As of November 1, 2025, the analyst consensus for RCL stands at Buy, with 9 Strong Buy, 16 Buy, and 7 Hold ratings among 32 analysts surveyed.