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NYSE:CCL

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

$18.58
-0.49 (-2.57%)
(As of 12:58 PM ET)
Today's Range
$18.53
$19.03
50-Day Range
$14.78
$19.18
52-Week Range
$10.84
$19.74
Volume
14.45 million shs
Average Volume
30.73 million shs
Market Capitalization
$20.86 billion
P/E Ratio
28.58
Dividend Yield
N/A
Price Target
$22.00

Carnival Co. & MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
18.0% Upside
$22.00 Price Target
Short Interest
Healthy
8.18% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-4.16
Upright™ Environmental Score
News Sentiment
0.78mentions of Carnival Co. & in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.27%
From $1.18 to $1.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.83 out of 5 stars

Consumer Discretionary Sector

13th out of 267 stocks

Water Transportation Industry

1st out of 15 stocks

CCL stock logo

About Carnival Co. & Stock (NYSE:CCL)

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 Stock Price History

CCL Stock News Headlines

Cruise ships are shown near downtown Juneau on June 7, 2023, along the Gastineau Channel, in Alaska…
An Alaska tourist spot will vote whether to ban cruise ships on Saturdays to give locals a break
Each year, a crush of tourists arrives in Alaska’s capital city on cruise ships to see wonders like the fast-diminishing Mendenhall Glacier
Carnival Cruise Line cruise ship
Carnival Cruise Stock Nears Analyst Forecasts on Strong Earnings
Most investors left no dry powder, Wall Street lingo for buying power, in their accounts after chasing the technology sector in its pursuit of higher prices. Other sectors, such as the consumer discretionary space, aren't as attractive in their growth projections and sophisticated proposals to deliver value to investors, but that changes today.
What comes next after the attempt on Trump's life...
After this weekend’s attempt on Trump's life... it seems all but a lock for him to return to the White House. Now "only an ‘October Surprise’ can swing the presidential election," writes Doug Schoen, of The Hill.
Carnival Cruise Line cruise ship
Carnival Cruise Stock Nears Analyst Forecasts on Strong Earnings (CCL)
Carnival Cruise stock is rallying on quarterly earnings, which revealed the strong financial momentum the company is experiencing today, and likely will keep
3 Cruise Stocks to Buy on the Dip: July 2024
What comes next after the attempt on Trump's life...
After this weekend’s attempt on Trump's life... it seems all but a lock for him to return to the White House. Now "only an ‘October Surprise’ can swing the presidential election," writes Doug Schoen, of The Hill.
A Carnival cruise as a Prime Day deal at Amazon?
See More Headlines
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Company Calendar

Last Earnings
6/25/2024
Today
7/24/2024
Next Earnings (Estimated)
10/04/2024
Fiscal Year End
11/30/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Hotels Resorts & Cruise Lines
CUSIP
14365830
Employees
92,000
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$25.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+15.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
19 Analysts

Profitability

Net Income
$-75,000,000.00
Pretax Margin
3.87%

Debt

Sales & Book Value

Annual Sales
$21.59 billion
Cash Flow
$2.34 per share
Book Value
$6.15 per share

Miscellaneous

Outstanding Shares
1,122,450,000
Free Float
998,985,000
Market Cap
$21.40 billion
Optionable
Optionable
Beta
2.68

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Key Executives

  • Mr. Micky Meir Arison (Age 75)
    Executive Chairman of the Board
    Comp: $106.57k
  • Mr. Joshua Ian Weinstein (Age 50)
    President, CEO, Chief Climate Officer & Director
    Comp: $6.35M
  • Mr. David BernsteinMr. David Bernstein (Age 66)
    CFO & Chief Accounting Officer
    Comp: $3.43M
  • Mr. Enrique Miguez (Age 59)
    General Counsel
    Comp: $1.63M
  • Ms. Bettina Deynes (Age 51)
    Global Chief Human Resources Officer
    Comp: $1.06M
  • Vice Admiral William R. Burke
    Chief Maritime Officer
  • Ms. Beth Roberts
    Senior Vice President of Investor Relations
  • Hon. E. H. Horst Rahe
    Life President of AIDA Cruises
  • Mr. Tom Strang
    Senior Vice President of Maritime Affairs
  • Ms. Janet G. Swartz (Age 54)
    Executive Vice President of Strategic Operations

CCL Stock Analysis - Frequently Asked Questions

How have CCL shares performed this year?

Carnival Co. &'s stock was trading at $18.54 at the start of the year. Since then, CCL shares have increased by 0.5% and is now trading at $18.64.
View the best growth stocks for 2024 here
.

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

Carnival Co. & plc (NYSE:CCL) issued its earnings results on Tuesday, June, 25th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.12. Carnival Co. &'s revenue was up 17.7% on a year-over-year basis.
Read the conference call transcript
.

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.

Does Carnival Co. & have any subsidiaries?

The following companies are subsidiaries of Carnival Co. &: 1972 Productions Inc., 6348 Equipment LLC, A.C.N. 098 290 834 Pty. Ltd., Adventure Island Ltd., AIDA Kundencenter GmbH, AIDAradio GmbH, Air-Sea Holiday GmbH, and others.

Who are Carnival Co. &'s major shareholders?

Top institutional shareholders of Carnival Co. & include Sumitomo Mitsui Trust Holdings Inc. (0.22%), Portman Square Capital LLP, Vaughan Nelson Investment Management L.P. (0.15%) and QRG Capital Management Inc. (0.07%). Insiders that own company stock include Randall J Weisenburger, David Bernstein and Arnold W Donald.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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

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

This page (NYSE:CCL) was last updated on 7/24/2024 by MarketBeat.com Staff

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