Royal Caribbean shares fall after $3 billion Sandals stake agreement
The announced transaction would give Royal Caribbean a 50 percent interest in Sandals Resorts and values the resort business at $6 billion.
Royal Caribbean shares closed at $228.01 on the New York Stock Exchange on September 23, 2026, marking a 2.9 percent decline. The drop followed the company’s announcement of an agreement to acquire a 50 percent stake in Sandals Resorts for $3 billion.
According to financial reporting cited in the announcement’s coverage, the transaction values Sandals at $6 billion. The deal is expected to close in early 2027.
Analysts cited in market-data coverage maintained differing assessments of Royal Caribbean stock following the announcement. Goldman Sachs rated the shares Buy, while Bernstein SocGen assigned an Outperform rating. Morgan Stanley rated the stock Hold.
