NYSE:CCL

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

$14.79
+0.51 (+3.57%)
(As of 04/23/2024 ET)
Today's Range
$14.33
$14.94
50-Day Range
$13.90
$17.19
52-Week Range
$8.70
$19.74
Volume
25.35 million shs
Average Volume
35.15 million shs
Market Capitalization
$16.60 billion
P/E Ratio
56.88
Dividend Yield
N/A
Price Target
$21.47

Carnival Co. & MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
45.2% Upside
$21.47 Price Target
Short Interest
Bearish
10.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.16
Upright™ Environmental Score
News Sentiment
0.65mentions of Carnival Co. & in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$2.37 M Sold Last Quarter
Proj. Earnings Growth
42.57%
From $1.01 to $1.44 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.

4.92 out of 5 stars

Consumer Discretionary Sector

6th out of 268 stocks

Water Transportation Industry

2nd out of 16 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

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Carnival Co. & plc NYSE: CCL is the world's largest cruise line operator and leisure travel company, with an estimated 47% market share. The consumer discretionary sector giant was one of the hardest hit during the pandemic and has been trying to recover since.
Are Carnival Shares Ready to Set Sail into the $20s
Carnival Co. & plc (NYSE: CCL) is the largest cruise line operator and leisure travel company in the world, with an estimated 47% market share.
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Company Calendar

Last Earnings
3/27/2024
Today
4/24/2024
Next Earnings (Estimated)
6/24/2024
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
$21.47
High Stock Price Target
$25.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+45.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
20 Analysts

Profitability

Net Income
$-75,000,000.00
Pretax Margin
1.82%

Debt

Sales & Book Value

Annual Sales
$21.59 billion
Cash Flow
$2.37 per share
Book Value
$6.15 per share

Miscellaneous

Outstanding Shares
1,122,320,000
Free Float
998,865,000
Market Cap
$16.60 billion
Optionable
Optionable
Beta
2.54

Social Links

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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

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

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carnival Co. & in the last year. There are currently 1 sell rating, 2 hold ratings and 17 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 target for 2024?

20 Wall Street analysts have issued 12 month price objectives for Carnival Co. &'s shares. Their CCL share price targets range from $11.00 to $25.00. On average, they predict the company's stock price to reach $21.47 in the next twelve months. This suggests a possible upside of 45.2% 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 2024?

Carnival Co. &'s stock was trading at $18.54 at the beginning of the year. Since then, CCL shares have decreased by 20.2% and is now trading at $14.79.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Monday, June 24th 2024.
View our CCL earnings forecast
.

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

Carnival Co. & plc (NYSE:CCL) released its quarterly earnings results on Wednesday, March, 27th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.04. The company had revenue of $5.41 billion for the quarter, compared to analysts' expectations of $5.42 billion. Carnival Co. & had a net margin of 1.79% and a trailing twelve-month return on equity of 7.75%. The company's revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.55) EPS.
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.

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 variety of institutional and retail investors. Top institutional shareholders include Portman Square Capital LLP (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Deltec Asset Management LLC (0.05%), Westend Capital Management LLC (0.05%), CHURCHILL MANAGEMENT Corp (0.04%) and Raymond James & Associates (0.04%). Insiders that own company stock include Arnold W Donald, David Bernstein 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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..
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This page (NYSE:CCL) was last updated on 4/24/2024 by MarketBeat.com Staff

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