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Royal Caribbean Group Stock Price, News & Analysis

RCL NYSE

Royal Caribbean Group reports developments across its global vacation business, including cruise operations, exclusive destinations, and land-based vacation experiences. The company operates Royal Caribbean, Celebrity Cruises, and Silversea, and holds a joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.

Recurring news for RCL includes earnings releases, guidance updates, dividends and share repurchases, shipbuilding and fleet expansion, itinerary launches, brand-level loyalty programs, co-branded credit cards, and community initiatives through the Royal Caribbean Group Foundation. Company updates also cover demand trends, fuel and cost commentary, joint venture performance, and destination investments across its cruise vacation portfolio.

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Royal Caribbean Group (NYSE: RCL) on Feb. 12, 2026 commenced a registered public offering of senior unsecured notes.

The company intends to use net proceeds to refinance senior notes maturing in 2026 and to repay existing indebtedness, which may include term loans. The offering is being led by J.P. Morgan, Morgan Stanley and PNC Capital Markets and is being made from an automatic shelf registration effective Feb. 29, 2024.

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Royal Caribbean Group (NYSE: RCL) declared a quarterly dividend of $1.50 per common share, payable April 3, 2026, to shareholders of record at the close of business on March 6, 2026. The board described the increase as reflecting business strength and momentum across its global vacation portfolio.

Management framed the raise as a commitment to delivering returns while investing in innovations and guest experiences.

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Royal Caribbean Group (NYSE: RCL) reported full-year 2025 results with $17.9B revenue, $4.3B net income ($15.61 EPS) and $7.0B Adjusted EBITDA. Fourth-quarter strength lifted 2025 performance and the company issued 2026 guidance of $17.70–$18.10 Adjusted EPS.

Management cited record WAVE booking weeks, ~two-thirds of 2026 capacity booked, 6.7% capacity growth in 2026, ~$7.2B liquidity, ~$5B expected 2026 capex, and new ship orders including Discovery Class and 10 river ships for Celebrity.

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Celebrity River Cruises (RCL) committed to 10 new river ships, expanding its European fleet to 20 vessels by 2031. The company began construction with the first steel cut for Celebrity Compass. 2028 European sailings are open with an 80% increase in destinations, offering over 160 sailings to 50+ destinations.

Launch schedule: Celebrity Compass and Celebrity Seeker in 2027; Celebrity Wanderer, Celebrity Roamer, and Celebrity Boundless in 2028. New itineraries include 24 ports and a Celebrity-first overnight land stay in Bucharest.

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Royal Caribbean Group (NYSE: RCL) agreed with Chantiers de l'Atlantique to build its new Discovery Class ships: two firm orders with options for four more. The first ship is scheduled to debut in 2029 and the second in 2032. The partnership leverages CdA's shipbuilding history and supports Royal Caribbean's multiyear ocean, river and land vacation portfolio, while the orders remain contingent on customary conditions.

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Royal Caribbean Group (NYSE: RCL) announced the inaugural Port Partners business accelerator in Seward, Alaska on Jan. 22, 2026. Fifteen local entrepreneurs were selected for a comprehensive 10-week college-level course at Alaska Vocational Technical Center (AVTEC) taught by Greg Haas.

Participants will receive mentorship from Seward business leaders, be eligible for three University of Alaska college credits, and will pitch to a local panel for a chance to win $20,000 to launch their business. Program partners include AVTEC, University of Alaska system, Seward Small Business Development Center, and the City of Seward.

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Royal Caribbean Group (NYSE: RCL) was named to the Fortune World's Most Admired Companies™ 2026 list on January 21, 2026, recognizing its reputation for innovation, leadership, and culture.

The ranking, compiled with Korn Ferry, evaluates nine reputation attributes. Royal Caribbean Group highlighted recent strategic momentum, including Icon Class ships (Icon of the Seas, Star of the Seas, Legend of the Seas launching summer 2026), expansion of private destinations from two to eight by 2028 (including Royal Beach Club Paradise Island and Perfect Day Mexico in 2027), Celebrity River Cruises launching in 2027, Silversea's upcoming The Cormorant at 55 South, and portfolio-wide loyalty enhancements such as Status Match and Points Choice.

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Royal Caribbean Group (NYSE: RCL) will hold a conference call at 10:00 a.m. Eastern Time on Thursday, January 29, 2026 to discuss fourth quarter and full year 2025 financial results. The call will be simultaneously webcast on the company's investor relations website at rclinvestor.com. A replay of the webcast will be available on the same site for 30 days following the call.

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Royal Caribbean Group (NYSE: RCL) is launching Points Choice, a cross-brand loyalty option that lets guests earn points on Royal Caribbean, Celebrity Cruises, or Silversea and apply them to any of the three programs. Effective for sailings on or after January 30, 2026, members can move points online up to 14 days after sailing to build or accelerate status in their preferred program. Points Choice complements the May 2024 Status Match to create an integrated loyalty ecosystem across the group's brands.

Point conversion details and FAQs are available to members online.

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Royal Caribbean Group (NYSE:RCL) and Miami-Dade leaders broke ground on Cruise Terminal G at PortMiami on Jan 8, 2026. The $345 million design-build project, delivered by Lemartec-NV2A Joint Venture with Perez & Perez Architects, will be LEED-designed, single-berth but multi-vessel capable, and accommodate up to 7,000 passengers. The complex includes a multi-level parking garage, an intermodal facility, and infrastructure for Icon-class ships. Funding is via a partnership between Miami-Dade County and Royal Caribbean Group. The terminal is slated for completion in late 2027 and aims to boost operational efficiency, guest experience, jobs, and PortMiami capacity.

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FAQ

What is the current stock price of Royal Caribbean Group (RCL)?

The current stock price of Royal Caribbean Group (RCL) is $263.46 as of May 11, 2026.

What is the market cap of Royal Caribbean Group (RCL)?

The market cap of Royal Caribbean Group (RCL) is approximately 73.8B.