William Blair Issues Negative Forecast for Carnival Earnings

Carnival Corporation (NYSE:CCL - Free Report) - William Blair cut their Q3 2025 EPS estimates for Carnival in a research note issued to investors on Tuesday, June 24th. William Blair analyst S. Zackfia now expects that the company will post earnings of $1.31 per share for the quarter, down from their previous forecast of $1.39. William Blair has a "Outperform" rating on the stock. The consensus estimate for Carnival's current full-year earnings is $1.77 per share. William Blair also issued estimates for Carnival's FY2026 earnings at $2.22 EPS.

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

Several other research firms have also recently commented on CCL. Mizuho upped their target price on shares of Carnival from $33.00 to $35.00 and gave the stock an "outperform" rating in a research report on Wednesday. Tigress Financial reiterated a "buy" rating on shares of Carnival in a research report on Wednesday, March 26th. Stifel Nicolaus raised their target price on Carnival from $33.00 to $34.00 and gave the company a "buy" rating in a research report on Wednesday. Bank of America boosted their price target on Carnival from $30.00 to $31.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Morgan Stanley increased their price target on Carnival from $21.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Thursday. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, Carnival has an average rating of "Moderate Buy" and a consensus price target of $28.33.

Carnival Stock Up 2.9%

Carnival stock opened at $26.23 on Friday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.21 and a current ratio of 0.34. Carnival has a one year low of $13.78 and a one year high of $28.72. The company has a 50-day simple moving average of $22.05 and a 200-day simple moving average of $22.83. The firm has a market capitalization of $30.60 billion, a P/E ratio of 14.18, a P/E/G ratio of 0.57 and a beta of 2.58.

Institutional Trading of Carnival

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC acquired a new position in Carnival in the fourth quarter worth approximately $205,000. Wealthspire Advisors LLC bought a new stake in shares of Carnival during the 4th quarter worth $277,000. IFP Advisors Inc grew its holdings in shares of Carnival by 26.3% in the 4th quarter. IFP Advisors Inc now owns 7,599 shares of the company's stock worth $189,000 after acquiring an additional 1,580 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Carnival by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 5,841,543 shares of the company's stock worth $145,571,000 after purchasing an additional 19,768 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Carnival by 3.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 89,023 shares of the company's stock valued at $2,218,000 after purchasing an additional 2,620 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors.

Carnival Company Profile

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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