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

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carnival Co. & in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

18 Wall Street research analysts have issued 1-year price targets for Carnival Co. &'s shares. Their CCL share price targets range from $9.00 to $25.00. On average, they anticipate the company's stock price to reach $18.44 in the next year. This suggests a possible upside of 1.8% 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 2023. Since then, CCL stock has increased by 124.7% and is now trading at $18.11. View the best growth stocks for 2023 here .

Are investors shorting Carnival Co. &?

Carnival Co. & saw a drop in short interest in November. As of November 15th, there was short interest totaling 113,320,000 shares, a drop of 5.2% from the October 31st total of 119,510,000 shares. Based on an average trading volume of 28,000,000 shares, the short-interest ratio is currently 4.0 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 results on Friday, September, 29th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The business earned $6.85 billion during the quarter, compared to analyst estimates of $6.71 billion. Carnival Co. & had a negative net margin of 8.11% and a negative trailing twelve-month return on equity of 15.00%. Carnival Co. &'s revenue for the quarter was up 59.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.58) EPS. Read the conference call transcript .

Is Carnival Co. & a good dividend stock?

Carnival Co. & (NYSE:CCL) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for CCL .

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 earnings per share 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) .

Who are Carnival Co. &'s major shareholders?

Carnival Co. &'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.47%), Northern Trust Corp (1.19%), Invesco Ltd. (0.83%), Primecap Management Co. CA (0.57%), Charles Schwab Investment Management Inc. (0.55%) and Legal & General Group Plc (0.45%). Insiders that own company stock include Arnold W Donald , David Bernstein , Peter C Anderson and Randall J Weisenburger . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

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

$18.11

+0.18 (+1.00%)

(As of 12/8/2023 ET)

Compare

Today's Range: $17.84
▼
$18.14
50-Day Range: $11.03
▼
$18.11
52-Week Range: $7.53
▼
$19.55

Volume: 32.73 million shs
Average Volume: 27.39 million shs
Market Capitalization: $20.27 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.44

Carnival Co. & MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.78 Rating Score
Upside/Downside: 1.8% Upside
$18.44 Price Target
Short Interest: Healthy
10.12% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.16
Upright™ Environmental Score
News Sentiment: 1.44
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$5.70 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.07) to $0.91 Per Share

Overall MarketRank^™

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

2.14 out of 5 stars

Consumer Discretionary Sector

149th out of 258 stocks

Water Transportation Industry

13th out of 18 stocks

2.4

Analyst's Opinion

Consensus Rating
Carnival Co. & has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 15 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $18.44, Carnival Co. & has a forecasted upside of 1.8% from its current price of $18.11.
Amount of Analyst Coverage
Carnival Co. & has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
10.12% of the outstanding shares of Carnival Co. & have been sold short.
Short Interest Ratio / Days to Cover
Carnival Co. & has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Carnival Co. & has recently decreased by 5.18%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Carnival Co. & does not currently pay a dividend.
Dividend Growth
Carnival Co. & does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Carnival Co. & will have a dividend payout ratio of 219.78% in the coming year. This indicates that Carnival Co. & may not be able to sustain their current dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Carnival Co. & has received a 31.01% net impact score from Upright. Carnival seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Cruises" product. See details.
Environmental Sustainability
The Environmental Impact score for Carnival Co. & is -4.16.

3.6

News and Social Media Coverage

News Sentiment
Carnival Co. & has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Carnival Co. & this week, compared to 10 articles on an average week.
Search Interest
Only 92 people have searched for CCL on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
MarketBeat Follows
27 people have added Carnival Co. & to their MarketBeat watchlist in the last 30 days. This is an increase of 4% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Carnival Co. & insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,696,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
11.10% of the stock of Carnival Co. & is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
55.54% of the stock of Carnival Co. & is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Carnival Co. & are expected to grow in the coming year, from ($0.07) to $0.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Carnival Co. & is -13.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Carnival Co. & is -13.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Carnival Co. & has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

CCL Stock News Headlines

December 7, 2023 | marketbeat.com

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For those in search of the elusive short squeeze, companies with high and rising short interest can be ideal - including these three S&P 500 stocks.

December 6, 2023 | stocknews.com

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December 6, 2023 | americanbankingnews.com

Carnival Co. & Sees Unusually High Options Volume (NYSE:CCL)

December 5, 2023 | finance.yahoo.com

SEABOURN ANNOUNCES THE "SAIL OF THE YEAR" EVENT WITH SAVINGS UP TO 25 PERCENT AND UP TO $1,000 SHIPBOARD CREDIT ON ULTRA-LUXURY VOYAGES

December 5, 2023 | americanbankingnews.com

Carnival Co. & plc (NYSE:CCL) Given Consensus Rating of "Moderate Buy" by Brokerages

December 4, 2023 | americanbankingnews.com

Carnival Co. & plc (NYSE:CCL) Short Interest Update

November 30, 2023 | finance.yahoo.com

Princess Cruises Sets Booking Record for Thanksgiving Week including Black Friday and Cyber Monday

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 30, 2023 | msn.com

Brokers Suggest Investing in Carnival (CCL): Read This Before Placing a Bet

November 30, 2023 | finance.yahoo.com

Is Carnival Cruise Line Stock Worthy of Warren Buffett?

November 28, 2023 | benzinga.com

Unpacking the Latest Options Trading Trends in Carnival

November 28, 2023 | finance.yahoo.com

CUNARD LAUNCHES CAPSULE CRUISE COLLECTION IN COLLABORATION WITH FASHION STYLIST BAY GARNETT AND CIRCLE OF STYLE

November 28, 2023 | finance.yahoo.com

Cunard Launches Capsule Cruise Collection in Collaboration with Fashion Stylist Bay Garrett and Circle of Style

November 27, 2023 | msn.com

Melius Research Upgrades Carnival (CCL)

November 27, 2023 | msn.com

Carnival Stock Is Up Over 80% in 2023. This Analyst Expects More Gains.

November 27, 2023 | msn.com

Carnival gains after Melius Research joins the bull camp