Royal Caribbean shares rise amid $3 billion resort investment plan
The cruise company has announced an investment for a 50% interest in Sandals and Beaches Resorts, with the transaction expected to close in early 2027.
Royal Caribbean shares closed at $277.88 on Oct. 2, 2026, up 2.92% from the previous close. The company’s market capitalization was placed at $74.5 billion on that date.
Royal Caribbean announced a $3 billion investment for a 50% stake in Sandals and Beaches Resorts on Sept. 23, 2026. According to information cited from the announcement, the transaction was expected to close in early 2027 and increase earnings the following year. A separate account of the deal said Sandals’ 20 resorts would be added to Royal Caribbean’s portfolio.
The company generated $4.83 billion in second-quarter 2026 revenue, representing a 6.5% increase from a year earlier. Adjusted earnings reached $4.21 per share, compared with a cited consensus estimate of $3.98 per share.
Market data cited in the report indicated a moderate-buy consensus among 23 analysts, with an average Royal Caribbean share-price target of $357.80.
