Royal Caribbean Cruises stock is trading -16.97% below its average target price of $180.97 after marking a 7.5% during today's morning session. Analysts are giving the Large-Cap Marine Shipping company an average rating of buy and target prices ranging from $140.0 to $210.0 per share.
Royal Caribbean Cruises has an average level of shares sold short, at 9.4% of its total share float. The stock's short ratio (also called days to cover) is 8.13. The company's insiders own 7.88% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 81.8% of Royal Caribbean Cruises's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Royal Caribbean Cruises
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Capital International Investors | 12% | 29,596,455 | $4,447,163,165 |
| 2024-03-31 | Capital Research Global Investors | 11% | 29,300,614 | $4,402,710,098 |
| 2024-03-31 | Vanguard Group Inc | 10% | 25,409,272 | $3,817,997,071 |
| 2024-03-31 | Blackrock Inc. | 6% | 16,380,006 | $2,461,259,611 |
| 2024-03-31 | State Street Corporation | 3% | 8,822,525 | $1,325,672,558 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 5,394,981 | $810,649,815 |
| 2024-03-31 | Primecap Management Company | 2% | 5,001,265 | $751,490,051 |
| 2024-03-31 | Capital World Investors | 2% | 4,829,122 | $725,623,845 |
| 2024-03-31 | Shaw D.E. & Co., Inc. | 2% | 4,339,278 | $652,019,888 |
| 2024-03-31 | JP Morgan Chase & Company | 1% | 3,783,329 | $568,482,994 |
