Health Care

Royal Caribbean Returning to San Juan, St Maarten

Royal Caribbean Returning to San Juan, St Maarten”

Nomura reiterated a "buy" rating and issued a $83.00 target price on shares of Royal Caribbean Cruises in a report on Wednesday, September 14th.

"There need to be a wide variety of shore excursion elements available in order for us to deliver a guest-satisfying experience at a port", said Adam Goldstein, president and COO of Royal Caribbean Cruises, in a recent call with media. The company now has a consensus rating of "Buy" and a consensus target price of $93.12.

According to the FCCA, cruising generated $2.4 billion in direct economic impact for the Caribbean and created almost 55,000 jobs and $842 million in wages throughout the region during the 2014-15 cruise season. The stock's 50-day moving average is $120.90 and its 200 day moving average is $113.56. The company has market cap of $26.33 billion.

Royal Caribbean Cruises a cruise company. Vanguard Group Inc. boosted its position in Royal Caribbean Cruises by 4.1% during the 2nd quarter. The company reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.67 by $0.04. The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.19 billion. After having $1.71 EPS previously, Royal Caribbean Cruises Ltd's analysts see 102.34 % EPS growth.

Royal Caribbean Cruises (NYSE:RCL) last posted its quarterly earnings data on Tuesday, August 1st. During the same quarter in the prior year, the company posted $1.09 earnings per share.

More news: $191 million lottery victor was regular customer at Eunice store

Among 21 analysts covering Royal Caribbean Cruises Ltd.

COPYRIGHT VIOLATION NOTICE: "Royal Caribbean Cruises' (RCL) "Buy" Rating Reaffirmed at SunTrust Banks, Inc." was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this piece on another website, it was illegally copied and reposted in violation of United States & worldwide copyright & trademark law. Royal Caribbean Cruises Ltd. has a 12 month low of $64.21 and a 12 month high of $103.40.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Friday, September 22nd were issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, September 27th. The news comes on the heels of the recent announcement that Adventure of the Seas will be the first ship to call on St. Thomas on November 10. This represents a $1.92 annualized dividend and a dividend yield of 2.60%. Royal Caribbean Cruises's dividend payout ratio (DPR) is presently 33.71%. Coliseum Capital Management - LLC sold $949,181 worth of stock or 14,450 shares. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard D. Fain sold 210,706 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $125.70, for a total transaction of $2,514,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 480,079 shares of company stock valued at $56,461,455 over the last ninety days. Insiders own 15.30% of the company's stock. Moreover, Sei Invs has 0.02% invested in Royal Caribbean Cruises Ltd (NYSE:RCL). MA now owns 2,882 shares of the company's stock worth $283,000 after purchasing an additional 11 shares during the last quarter. Intrust Bank NA grew its position in shares of Royal Caribbean Cruises by 2.7% in the 2nd quarter. American Century Companies Inc. now owns 531,677 shares of the company's stock valued at $58,075,000 after acquiring an additional 525,851 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Royal Caribbean Cruises by 9.7% in the 2nd quarter. Meeder Asset Management Inc. boosted its position in Royal Caribbean Cruises by 375,628.6% during the 3rd quarter. Eqis Capital Management Inc. now owns 2,370 shares of the company's stock worth $259,000 after purchasing an additional 8 shares during the last quarter. The hedge fund run by Julian Robertson held 202,210 shares of the marine transportation company at the end of 2017Q2, valued at $22.09 million, down from 249,260 at the end of the previous reported quarter.

The Caribbean is one of the world's most popular regions for cruise travelers. It operates approximately 23 ships with an aggregate capacity of approximately 68,600 berths under its Royal Caribbean International brand, offering cruise itineraries that range from 2 to 24 nights.

Like this



27 October 2017
Reddit bans Nazi subreddits after policy change
There will also be a question-and-answer session with the company's CEO Steve Huffman next week to clarify the update. A subreddit is a community within the website, in which content can be shared to or commented on.

27 October 2017
FYQ1 Beats, Nadella Says Cloud Ahead of Plan — Microsoft Rising
Revenue from Azure was up 90 percent year over year, and commercial revenue for Office 365 subscriptions was up 42 percent. Wall Street was expecting Microsoft to report first quarter earnings of 72 cents a share on revenue of $23.56 billion.

27 October 2017
Wozniacki beats Halep to reach semis — WTA finals
Halep did manage to get on the board early in the second but Wozniacki was relentless, and provided her few openings. Garcia was at one point down 5-3 in the third set, and said she felt like she had nothing to lose from there.

27 October 2017
Andrus Nominated For Gold Glove Award
The Phillies have not had a Gold Glove victor since 2012 when shortstop Jimmy Rollins captured the fourth of his career. Ramirez played 88 games at third, before switching to second to cover for the injured Jason Kipnis.

27 October 2017
Sofia Richie banned from seeing Scott Disick's kids
The collection is said to be filled with sequined dresses, faux fur jackets, and sparkly biker shorts. She wore a sparkling black dress that featured a low neckline and spaghetti straps to the event.

27 October 2017
Marshawn Lynch returns to his high school to run over teenagers
Oakland Raiders star running back Marshawn Lynch showed up at his old high school this week to suit up for a football practice. At first he runs over a few players before they eventually get one over on him by gang tackling him for a loss.

27 October 2017
Progenics Pharmaceuticals Inc. (PGNX) Position Boosted by Ardsley Advisory Partners
Finally, Jefferies Group reiterated a buy rating on shares of Progenics Pharmaceuticals in a research note on Friday, June 10th. The stock is now moving below its 20-Day Simple Moving Average of -12.51% with a 50-Day Simple Moving Average of -6.92 percent.

27 October 2017
Georgia Bulldogs: Playoff Hopes Starting to Look Like Reality
Now comes the true freshman's first time playing in Jacksonville against Florida on Saturday. "I think this kid has grown". The Gators have done what it takes to beat Georgia the last three years. "It's a goal of mine to just keep winning".

26 October 2017
American Vandal, Netflix's best new series, renewed for second season
The streaming giant has renewed satire series American Vandal for a second season, The Hollywood Reporter has learned. American Vandal is produced for Netflix by CBS Television Studios, Funny Or Die and 3Arts.

26 October 2017
Harry Connick Jr feared for wife's life
Jill will do an exclusive sitdown about her cancer battle on Thursday's episode of her husband's daytime talk show, Harry . She also had to undergo radiation, which she said "absolutely wiped me out;" however, did not have to have chemotherapy.