Zacks Research Analysts Lift Earnings Estimates for Carnival

Carnival Corporation (NYSE:CCL - Free Report) - Stock analysts at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for shares of Carnival in a note issued to investors on Monday, July 7th. Zacks Research analyst M. Kaushik now anticipates that the company will post earnings of $1.29 per share for the quarter, up from their prior forecast of $1.28. The consensus estimate for Carnival's current full-year earnings is $1.77 per share. Zacks Research also issued estimates for Carnival's FY2025 earnings at $1.93 EPS, Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.92 EPS, Q1 2027 earnings at $0.35 EPS and FY2027 earnings at $2.47 EPS.

CCL has been the topic of a number of other reports. Macquarie lowered their price target on Carnival from $31.00 to $26.00 and set an "outperform" rating on the stock in a report on Friday, May 9th. HSBC raised Carnival from a "reduce" rating to a "hold" rating and set a $24.00 price target on the stock in a report on Friday, May 16th. Wall Street Zen raised Carnival from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Susquehanna lifted their price objective on Carnival from $27.00 to $30.00 and gave the stock a "positive" rating in a research note on Wednesday, June 25th. Finally, Morgan Stanley lifted their price objective on Carnival from $21.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 26th. Seven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, Carnival has a consensus rating of "Moderate Buy" and an average target price of $28.65.

Carnival Price Performance

NYSE CCL traded up $0.43 during trading hours on Wednesday, reaching $29.26. The company's stock had a trading volume of 10,365,537 shares, compared to its average volume of 25,245,379. The firm's 50-day moving average price is $23.97 and its 200-day moving average price is $23.03. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.58. Carnival has a 1 year low of $13.78 and a 1 year high of $30.46. The company has a market capitalization of $34.15 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 0.64 and a beta of 2.61.

Carnival (NYSE:CCL - Get Free Report) last posted its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.11. Carnival had a return on equity of 27.88% and a net margin of 9.72%. The firm had revenue of $6.33 billion for the quarter, compared to analysts' expectations of $6.20 billion. During the same period in the previous year, the firm earned $0.11 EPS. The business's quarterly revenue was up 9.5% on a year-over-year basis.

Institutional Investors Weigh In On Carnival

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE raised its stake in shares of Carnival by 2.8% during the fourth quarter. US Bancorp DE now owns 34,170 shares of the company's stock worth $852,000 after purchasing an additional 946 shares during the last quarter. Assetmark Inc. raised its stake in shares of Carnival by 57.0% during the fourth quarter. Assetmark Inc. now owns 2,596 shares of the company's stock worth $65,000 after purchasing an additional 942 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of Carnival during the fourth quarter worth approximately $227,000. Proficio Capital Partners LLC purchased a new stake in shares of Carnival during the fourth quarter worth approximately $3,000,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Carnival during the fourth quarter worth approximately $21,687,000. Hedge funds and other institutional investors own 67.19% of the company's stock.

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.