FY2025 EPS Estimates for Carnival Lifted by Zacks Research

Key Points

• Zacks Research has raised its FY2025 earnings estimates for Carnival Corporation from $1.93 to $2.14 per share, while maintaining a "Strong-Buy" rating on the stock.
• Carnival's current stock has an average price target of $32.90, with multiple firms increasing their target prices, indicating a generally positive outlook from analysts.
• In the recent quarter, Carnival reported an EPS of $1.43, surpassing estimates, with revenue growth contributing to a solid financial performance.

Carnival Corporation (NYSE:CCL - Free Report) - Investment analysts at Zacks Research boosted their FY2025 earnings estimates for shares of Carnival in a research report issued to clients and investors on Monday, October 13th. Zacks Research analyst Team now forecasts that the company will post earnings of $2.14 per share for the year, up from their previous forecast of $1.93. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Carnival's current full-year earnings is $1.77 per share. Zacks Research also issued estimates for Carnival's Q4 2025 earnings at $0.23 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $1.21 EPS, Q4 2026 earnings at $0.26 EPS, FY2026 earnings at $2.02 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.41 EPS, Q3 2027 earnings at $1.27 EPS and FY2027 earnings at $2.48 EPS.

Several other research firms also recently commented on CCL. JPMorgan Chase & Co. increased their price objective on Carnival from $34.00 to $39.00 and gave the company an "overweight" rating in a report on Monday, September 15th. Tigress Financial lifted their price objective on Carnival from $32.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Citigroup upped their price objective on Carnival from $37.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, October 1st. UBS Group set a $35.00 price objective on Carnival and gave the stock a "buy" rating in a report on Wednesday, October 1st. Finally, Barclays raised their price target on Carnival from $33.00 to $37.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Carnival currently has an average rating of "Moderate Buy" and an average price target of $32.90.

Carnival Stock Performance

Shares of CCL stock opened at $28.06 on Tuesday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30. The stock has a market cap of $32.76 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 0.58 and a beta of 2.68. The stock has a 50-day moving average of $30.28 and a 200-day moving average of $25.86. Carnival has a one year low of $15.07 and a one year high of $32.80.

Carnival (NYSE:CCL - Get Free Report) last issued its earnings results on Monday, September 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.32 by $0.11. The company had revenue of $8.15 billion for the quarter, compared to the consensus estimate of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.27 EPS. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS.

Insider Activity at Carnival

In related news, Director Sir Jonathon Band sold 12,500 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares in the company, valued at approximately $1,916,078.50. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.60% of the company's stock.

Institutional Investors Weigh In On Carnival

A number of hedge funds have recently made changes to their positions in CCL. N.E.W. Advisory Services LLC purchased a new stake in Carnival during the first quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Carnival in the 2nd quarter worth $25,000. Graybill Wealth Management LTD. purchased a new position in Carnival in the 1st quarter worth $26,000. Oliver Lagore Vanvalin Investment Group purchased a new position in Carnival in the 2nd quarter worth $28,000. Finally, Banque Transatlantique SA purchased a new position in shares of Carnival during the 1st quarter valued at about $33,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

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