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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
NYSE:CCL

Carnival Co. & (CCL) Stock Forecast, Price & News

$13.72
-0.72 (-4.99%)
(As of 09/29/2023 08:52 PM ET)
Compare
Today's Range
$13.24
▼
$15.24
50-Day Range
$13.72
▼
$18.84
52-Week Range
$6.11
▼
$19.55
Volume
91.95 million shs
Average Volume
36.91 million shs
Market Capitalization
$15.36 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.87
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Carnival Co. & MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
30.2% Upside
$17.87 Price Target
Short Interest
Bearish
10.06% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-4.16
Upright™ Environmental Score
News Sentiment
0.64mentions of Carnival Co. & in the last 14 days
Based on 32 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.15) to $0.98 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Consumer Discretionary Sector

122nd out of 277 stocks

Water Transportation Industry

11th out of 18 stocks

See Top Rated MarketRank™ Stocks Here

CCL stock logo

About Carnival Co. & (NYSE:CCL) Stock

Carnival Corporation & plc is a leisure travel company operating a fleet of cruise ships, hotels, and resorts with international destinations. Brands under the Carnival Corporation umbrella include Carnival Cruise Line, Princess Cruises, Holland America, P&O Cruises, Seaborn, Costa Cruises, AIDA Cruises, and Cunard. The company’s goal is to provide extraordinary vacations at an exceptional value. As of 2022, the company laid claim to nearly half of the global cruising market share with several new ships in the works.

Carnival Cruise Line was launched in 1972 with one second-hand ship and a tank of fuel. The first port of call was San Juan, Puerto Rico, but soon more were added. The original growth strategy included a festive atmosphere, features and amenities unlike any other cruise line at the time. Slow to start, the growth strategy shifted into overdrive in 1980 when Carnival shocked the world by building its own ship. The Tropicale became an iconic name in the cruising industry and sparked a wave of shipbuilding that is still underway.

The company’s growth hit a new stride in 1987 following the IPO which floated 20% of the company on the open market. The proceeds from the IPO allowed the company to embark on a voyage of acquisition and now Carnival is the world’s largest travel and leisure business.

Today, Carnival Corporations’ 87 ships visit approximately 700 ports worldwide and employ more than 120,000 people while serving more than 13 million guests annually for a total of 85 million passenger cruise days per year. Net revenue, prior to the COVID-19 pandemic, peaked out at over $6.5 billion annually.

Carnival Cruise Line is the company’s largest brand serving guests on all coasts of North America. The brand's 22 ships make 1500 voyages per year with trips ranging from 2 days to 3 weeks and ports of call from the Caribbean to Alaska. The company's largest ship is named Panorama and can accommodate more than 4,000 passengers.

Carnival’s 9 brands provide access to a wide range of cruising styles and destinations including the Caribbean, Alaska, Australia, New Zealand, Hawaii, England, and ports in Asia. The company is headquartered in Miami, Florida and has offices around the world. The company also has the distinction of being the only company included in both the S&P 500 and FTSE 250 indices.

 

CCL Price History

CCL Stock News Headlines

September 25, 2023 | marketbeat.com
This week in business: consumer confidence, inflation updates
On Tuesday, business group The Conference Board releases its September report on consumer confidence
September 15, 2023 | marketbeat.com
Investors Betting On Triple-Digit Sales Growth At Las Vegas Sands (CCL)
Wall Street's optimistic view of Las Vegas Sands hinges on projected 151% revenue growth in the travel industry's resurgence post-pandemic.
October 2, 2023 | Edge On The Street (Ad)
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
October 1, 2023 | seekingalpha.com
Carnival Corporation: More Compelling, Still Not Getting Onboard
September 30, 2023 | finance.yahoo.com
Earnings Beat of the Week: Carnival Cruise Line Posts First Profit Since 2020
September 30, 2023 | finance.yahoo.com
Returns On Capital Signal Difficult Times Ahead For Carnival Corporation & (NYSE:CCL)
September 30, 2023 | americanbankingnews.com
Carnival Co. & (NYSE:CCL) Sees Unusually-High Trading Volume After Better-Than-Expected Earnings
September 29, 2023 | uk.news.yahoo.com
Carnival (CCL) Q3 Earnings & Revenues Top Estimates, Rise Y/Y
October 2, 2023 | Edge On The Street (Ad)
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
September 29, 2023 | markets.businessinsider.com
Carnival Stock (NYSE:CCL): This Ought to be Cruising Ahead Right Now
September 29, 2023 | finance.yahoo.com
Carnival CEO on demand for cruises: 'All we see are green arrows'
September 29, 2023 | bizjournals.com
Carnival earns quarterly profit for 1st time since pre-pandemic
September 29, 2023 | finance.yahoo.com
Unraveling the Challenges Ahead for Carnival PLC (CUK): A Deep Dive into Key Metrics
September 29, 2023 | finance.yahoo.com
Is Carnival PLC (CUK) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap
September 29, 2023 | finance.yahoo.com
Markets Mixed at Midday as Key Inflation Gauge Shows Prices Rose Less Than Expected
September 29, 2023 | finance.yahoo.com
Stocks to Watch Friday: Blue Apron, Nike, Carnival
September 29, 2023 | finance.yahoo.com
Is the Travel Boom Ending? These 2 Stocks Point to Yes.
September 29, 2023 | finance.yahoo.com
Carnival Cruise: No Signs of Consumer Spending Slowdown
September 29, 2023 | finance.yahoo.com
Carnival earnings to focus on margins, fuel costs amid cruise travel boom
September 29, 2023 | benzinga.com
Carnival Likely To Report Q3 Profit; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
September 28, 2023 | americanbankingnews.com
Carnival Co. & (NYSE:CCL) PT Lowered to $16.00 at Macquarie
September 27, 2023 | seekingalpha.com
Carnival Corporation: Big Q3 Coming Up
September 27, 2023 | uk.news.yahoo.com
Will Ticket Revenues Drive Carnival's (CCL) Q3 Earnings?
September 27, 2023 | finance.yahoo.com
Holland America Line's 2025 Canada/New England Season Features New 'Legendary Voyage,' More Late-Night Stays and Maiden Calls
September 26, 2023 | finance.yahoo.com
Carnival (CCL) to Report Q3 Earnings: What's in the Cards?
September 26, 2023 | finance.yahoo.com
Galaxy Gaming® Delivers Galaxy Operating System Across Carnival Corporation & Plc® Fleet
September 23, 2023 | americanbankingnews.com
Barclays Lowers Carnival Co. & (NYSE:CCL) Price Target to $21.00
See More Headlines
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CCL Company Calendar

Last Earnings
9/29/2023
Today
10/02/2023
Fiscal Year End
11/30/2023
Next Earnings (Estimated)
12/20/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Water transportation
Sub-Industry
Hotels Resorts & Cruise Lines
Sector
Consumer Discretionary
Current Symbol
NYSE:CCL
CUSIP
14365830
CIK
815097
Web
www.carnival.com
Phone
(305) 599-2600
Fax
305-399-4696
Employees
75,000
Year Founded
1972

Price Target and Rating

Average Stock Price Forecast
$17.87
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+30.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.35)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-6,094,000,000.00
Net Margins
-19.83%
Pretax Margin
-19.72%
Return on Equity
-41.35%
Return on Assets
-5.48%

Debt

Debt-to-Equity Ratio
5.44
Current Ratio
0.52
Quick Ratio
0.49

Sales & Book Value

Annual Sales
$12.17 billion
Price / Sales
1.26
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$6.35 per share
Price / Book
2.16

Miscellaneous

Outstanding Shares
1,119,270,000
Free Float
995,027,000
Market Cap
$15.36 billion
Optionable
Optionable
Beta
2.40

Social Links

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Key Executives

  • Mr. Micky Meir Arison (Age 73)
    Exec. Chairman
    Comp: $93.45k
  • Mr. Joshua Ian Weinstein (Age 49)
    Pres, CEO, Chief Climate Officer & Director
    Comp: $3.32M
  • Mr. David BernsteinMr. David Bernstein (Age 65)
    CFO & Chief Accounting Officer
    Comp: $2.59M
  • Mr. Enrique Miguez (Age 58)
    Gen. Counsel
    Comp: $1.1M
  • Vice Admiral William R. Burke
    Chief Maritime Officer
  • Ms. Beth Roberts
    Sr. VP of Investor Relations
  • Ms. Bettina Deynes
    Global Chief HR Officer
  • Mr. Tom Strang
    Sr. VP of Maritime Affairs
  • Ms. Janet G. Swartz (Age 53)
    Exec. VP of Strategic Operations
  • Mr. Adolfo M. Perez
    Sr. VP of Trade Sales and Marketing for Carnival Cruise Line

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CCL Stock - Frequently Asked Questions

Should I buy or sell Carnival Co. & stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carnival Co. & in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CCL shares.
View CCL analyst ratings or view top-rated stocks.

What is Carnival Co. &'s stock price forecast for 2023?

19 Wall Street research analysts have issued 12 month price objectives for Carnival Co. &'s shares. Their CCL share price forecasts range from $8.00 to $25.00. On average, they anticipate the company's share price to reach $17.87 in the next year. This suggests a possible upside of 30.2% from the stock's current price.
View analysts price targets for CCL or view top-rated stocks among Wall Street analysts.

How have CCL shares performed in 2023?

Carnival Co. &'s stock was trading at $8.06 at the beginning of the year. Since then, CCL shares have increased by 70.2% and is now trading at $13.72.
View the best growth stocks for 2023 here.

Are investors shorting Carnival Co. &?

Carnival Co. & saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 112,580,000 shares, an increase of 5.7% from the August 31st total of 106,550,000 shares. Based on an average daily volume of 32,870,000 shares, the short-interest ratio is currently 3.4 days.
View Carnival Co. &'s Short Interest.

When is Carnival Co. &'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 20th 2023.
View our CCL earnings forecast.

How were Carnival Co. &'s earnings last quarter?

Carnival Co. & plc (NYSE:CCL) issued its quarterly earnings data on Friday, September, 29th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.75 by $0.11. The company earned $6.85 billion during the quarter, compared to the consensus estimate of $6.71 billion. Carnival Co. & had a negative trailing twelve-month return on equity of 41.35% and a negative net margin of 19.83%. Carnival Co. &'s quarterly revenue was up 59.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.58) EPS.
Read the conference call transcript.

What ETFs hold Carnival Co. &'s stock?

ETFs with the largest weight of Carnival Co. & (NYSE:CCL) stock in their portfolio include Defiance Hotel, Airline, and Cruise ETF (CRUZ), Roundhill MEME ETF (MEME), Adaptiv Select ETF (ADPV), Innovator IBD 50 ETF (FFTY), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Pinnacle Focused Opportunities ETF (FCUS), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD).

What guidance has Carnival Co. & issued on next quarter's earnings?

Carnival Co. & issued an update on its fourth quarter 2023 earnings guidance on Friday, September, 29th. The company provided earnings per share (EPS) guidance of -$0.18--$0.10 for the period, compared to the consensus EPS estimate of -$0.10. The company issued revenue guidance of -.

What is Arnold W. Donald's approval rating as Carnival Co. &'s CEO?

23 employees have rated Carnival Co. & Chief Executive Officer Arnold W. Donald on Glassdoor.com. Arnold W. Donald has an approval rating of 93% among the company's employees. This puts Arnold W. Donald in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Carnival Co. & own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carnival Co. & investors own include Delta Air Lines (DAL), Royal Caribbean Cruises (RCL), Walt Disney (DIS), AT&T (T), Tesla (TSLA), NVIDIA (NVDA), Boeing (BA), Bank of America (BAC) and American Airlines Group (AAL).

What is Carnival Co. &'s stock symbol?

Carnival Co. & trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCL."

How do I buy shares of Carnival Co. &?

Shares of CCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Carnival Co. &'s stock price today?

One share of CCL stock can currently be purchased for approximately $13.72.

How much money does Carnival Co. & make?

Carnival Co. & (NYSE:CCL) has a market capitalization of $15.36 billion and generates $12.17 billion in revenue each year. The company earns $-6,094,000,000.00 in net income (profit) each year or ($1.35) on an earnings per share basis.

How many employees does Carnival Co. & have?

The company employs 75,000 workers across the globe.

Does Carnival Co. & have any subsidiaries?
The following companies are subsidiares of Carnival Co. &: 1972 Productions Inc., 6348 Equipment LLC, A.C.N. 098 290 834 Pty. Ltd., A.J. Juneau Dock LLC, AIDA Kundencenter GmbH, AIDAradio GmbH, Adventure Island Ltd., Air-Sea Holiday GmbH, Alaska Hotel Properties LLC, Barcelona Cruise Terminal SLU, Bay Island Cruise Port S.A., Belize Cruise Terminal Limited, CC U.S. Ventures Inc., CCL Gifts LLC, CSMART Real Estate B.V., CSMART Real Estate C.V., CSSC Carnival (Shanghai) Cruise Shipping Limited, CSSC Carnival Italy Cruise Investment S.r.L, Carnival (UK) Limited, Carnival Bahamas FC Limited, Carnival Bahamas Holdings Limited, Carnival Corporation & plc Asia Pte. Ltd., Carnival Corporation Hong Kong Limited, Carnival Corporation Korea Ltd., Carnival Corporation Ports Group Japan KK, Carnival Finance LLC, Carnival Grand Bahama Investment Limited, Carnival Investments Limited, Carnival Japan Inc., Carnival License Holdings Limited, Carnival Maritime GmbH, Carnival North America LLC, Carnival Port Holdings Limited, Carnival Ports Inc., Carnival Support Services India Private Limited, Carnival Technical Services (UK) Limited, Carnival Technical Services Finland Limited, Carnival Technical Services GmbH, Carnival Vanuatu Limited, Costa Crociere PTE Ltd., Costa Crociere S.p.A., Costa Cruceros S.A., Costa Cruise Lines Inc., Costa Cruise Lines UK Limited, Costa Cruises Customer Center S.L.U., Costa Cruises Shipping Services (Shanghai) Company Limited, Costa Cruises Travel Agency (Shanghai) Co. Ltd., Costa Cruises Turkey Turizm Gelisim A.S., Costa Cruzeiros Agencia Maritima e Turismo Ltda., Costa International B.V., Costa Kreuzfahrten GmbH, Cozumel Cruise Terminal S.A. de C.V., Cruise Ships Catering & Services International N.V., Cruise Terminal Services S.A. de C.V., Cruiseport Curacao C.V., D.R. Cruise Port Ltd., F.P.M. SAS, F.P.P. SAS, Fleet Maritime Services (Bermuda) Limited, Fleet Maritime Services Holdings (Bermuda) Limited, Fleet Maritime Services International Limited, GXI LLC, Gibs Inc., Global Experience Innovators Inc., Global Fine Arts Inc., Global Shipping Service (Shanghai) Co. Ltd., Grand Cruise Shipping Unipessoal LdA, Grand Turk Cruise Center Ltd., HAL Antillen N.V., HAL Beheer B.V., HAL Maritime Ltd., HAL Nederland N.V., HAL Properties Limited, HAL Services B.V., HSE Hamburg School of Entertainment GmbH, Holding Division Iberocruceros SLU, Holland America Line Inc., Holland America Line N.V., Holland America Line Paymaster of Washington LLC, Holland America Line U.S.A. Inc., Ibero Cruzeiros Ltda., Iberocruceros SLU, Information Assistance Corporation, International Cruise Services S.A. de C.V., International Leisure Travel Inc., International Maritime Recruitment Agency S.A. de C.V., Milestone N.V., Navitrans S.R.L., Ocean Bahamas Innovation Ltd., Ocean Medallion Fulfillment Ltd., Odds On Gaming Corporation, Operadora Catalina S.r.L., P&O Princess American Holdings, P&O Princess Cruises International Limited, P&O Princess Cruises Pension Trustee Limited, P&O Properties (California) Inc., P&O Travel Limited, Piccapietra Finance S.r.l., Prestige Cruises Management S.A.M., Prestige Cruises N.V., Princess Bermuda Holdings Ltd., Princess Cays Ltd., Princess Cruise Corporation Inc., Princess Cruise Lines Ltd., Princess Cruises and Tours Inc., Princess U.S. Holdings Inc., RCT Maintenance & Related Services S.A., RCT Pilots & Related Services S.A., RCT Security & Related Services S.A., Roatan Cruise Terminal S.A. de C.V., Royal Hyway Tours Inc., Santa Cruz Terminal S.L., SeaVacations Limited, SeaVacations UK Limited, Seabourn Cruise Line Limited, Shanghai Coast Cruise Consulting Co. Lda, Ship Care (Bahamas) Limited, Sitmar Cruises Inc., Spanish Cruise Services N.V., Sunshine Shipping Corporation Ltd., T&T International Inc., Tour Alaska LLC, Transnational Services Corporation, Trident Insurance Company Ltd., Welcome Travel Group S.p.A., West Sicily Gate S.r.L., Westmark Hotels Inc., Westmark Hotels of Canada Ltd., Westours Motor Coaches LLC, and World Leading Cruise Management (Shanghai) Co. Ltd..
Read More
How can I contact Carnival Co. &?

Carnival Co. &'s mailing address is 3655 N W 87TH AVE PO BOX 1347, MIAMI FL, 33178. The official website for the company is www.carnival.com. The company can be reached via phone at (305) 599-2600 or via fax at 305-399-4696.

This page (NYSE:CCL) was last updated on 10/2/2023 by MarketBeat.com Staff

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