Carnival Corporation (NYSE:CCL) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give Carnival a “Moderate Buy” consensus rating: Of 27 analysts, 20 recommend buying, six rate it a hold, and one rates it a strong buy. The average 12-month price target is approximately $35.08, above the reported $29.73 opening price.
• Carnival reported quarterly EPS of $0.41, beating estimates of $0.34, while revenue reached $6.66 billion and rose 5.3% year over year. The stock has traded between $23.45 and $34.03 over the past 52 weeks.
• The company declared a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a 2.0% yield. Institutional investors own 67.19% of Carnival, while an insider recently sold 43,058 shares.

Carnival Corporation (NYSE:CCL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the twenty-seven brokerages that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $35.0818.

CCL has been the subject of a number of research reports. Melius Research set a $36.00 price objective on shares of Carnival in a report on Wednesday, June 17th. Weiss Ratings downgraded Carnival from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, May 18th. Freedom Capital upgraded Carnival to a "strong-buy" rating in a report on Wednesday, June 3rd. Susquehanna boosted their target price on Carnival from $30.00 to $33.00 and gave the stock a "positive" rating in a research note on Wednesday, June 24th. Finally, Stifel Nicolaus increased their price target on shares of Carnival from $35.00 to $36.00 and gave the company a "buy" rating in a research note on Friday, June 12th.

Carnival Stock Up 0.5%

Shares of CCL opened at $29.73 on Thursday. Carnival has a 52-week low of $23.45 and a 52-week high of $34.03. The company has a market capitalization of $40.72 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 1.30 and a beta of 2.35. The stock has a fifty day simple moving average of $27.90 and a two-hundred day simple moving average of $27.87. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.80.

Carnival (NYSE:CCL - Get Free Report) last posted its earnings results on Tuesday, June 23rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The company had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.69 billion. Carnival had a net margin of 11.24% and a return on equity of 26.11%. Carnival's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. Carnival has set its FY 2026 guidance at 2.220-2.220 EPS and its Q3 2026 guidance at 1.350-1.350 EPS. As a group, equities analysts forecast that Carnival will post 2.23 EPS for the current year.

Carnival Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, August 7th. Carnival's dividend payout ratio is currently 27.03%.

Insider Activity at Carnival

In other news, insider Bettina Alejandra Deynes sold 43,058 shares of the business's stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $28.10, for a total value of $1,209,929.80. Following the completion of the sale, the insider directly owned 69,238 shares of the company's stock, valued at approximately $1,945,587.80. The trade was a 38.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CCL. Auto Owners Insurance Co increased its stake in Carnival by 2,954.0% in the fourth quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company's stock valued at $60,625,000 after purchasing an additional 19,201,000 shares during the period. Viking Global Investors LP acquired a new stake in Carnival in the fourth quarter valued at about $429,448,000. Pacer Advisors Inc. boosted its stake in shares of Carnival by 2,432.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company's stock valued at $204,311,000 after buying an additional 6,425,822 shares in the last quarter. Wellington Management Group LLP raised its position in Carnival by 99.6% in the third quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company's stock worth $351,535,000 after acquiring an additional 6,066,336 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Carnival by 1,619.1% in the fourth quarter. Victory Capital Management Inc. now owns 5,132,270 shares of the company's stock valued at $156,740,000 after acquiring an additional 4,833,723 shares during the period. Institutional investors and hedge funds own 67.19% of the company's stock.

Carnival Company Profile

Carnival Corporation NYSE: CCL is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company's core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.

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