Carnival (CCL) Stock Price, News & Analysis

Company Overview

Carnival Corporation (NYSE: CCL) is one of the world’s largest leisure travel companies, specializing in cruise vacations. Founded in 1972 by Ted Arison, the firm is headquartered in Miami, Florida, and has grown to operate an extensive portfolio of cruise brands. Over more than five decades, Carnival has played a pivotal role in shaping the modern cruise industry through a combination of innovative ship design, onboard entertainment offerings, and immersive destination experiences.

The company’s core business revolves around the ownership and operation of multiple cruise line brands, including Carnival Cruise Line, Princess Cruises, Holland America Line, Cunard, P&O Cruises (UK and Australia), AIDA Cruises, Costa Cruises, and Seabourn. These brands cater to a diverse range of passengers, from family-focused itineraries on Carnival Cruise Line to luxury voyages on Seabourn. Onboard services typically feature a variety of dining venues, entertainment productions, fitness and spa facilities, and organized shore excursions at ports of call worldwide.

Carnival’s operations span six geographic regions: North America, Europe, Australia, Asia, South America, and Alaska. The company maintains a modern fleet of vessels, each designed to meet regional preferences and regulatory requirements. Through strategic partnerships with port authorities and local tour operators, Carnival seeks to enhance the cultural, culinary, and recreational experiences available to its guests while contributing to local economies and tourism development.

Leadership at Carnival has steered the company through periods of growth, economic challenges, and evolving environmental regulations. Since August 2022, CEO Josh Weinstein has focused on strengthening operational resilience, advancing sustainable practices, and enhancing guest satisfaction. Under his guidance, Carnival continues to invest in next-generation ships that prioritize fuel efficiency, waste reduction, and advanced health and safety protocols, underscoring the company’s commitment to responsible cruising.

Key Stats

• Today's Range: $28.65 to $29.19
• 50-Day Range: $19.54 to $29.96
• 52-Week Range: $13.78 to $30.46
• Volume: 14.57 million shs
• Average Volume: 25.25 million shs
• Market Capitalization: $33.47 billion
• P/E Ratio: 15.50
• Dividend Yield: N/A
• Price Target: $28.65
• Consensus Rating: Moderate Buy

Carnival Stock Analysis - MarketRank™

Carnival scored higher than 92% of companies evaluated by MarketBeat, and ranked 27th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Carnival has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 13 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Carnival has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 18.08%

Earnings Growth

Earnings for Carnival are expected to grow by 18.08% in the coming year, from $1.77 to $2.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Carnival is 15.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carnival is 15.50, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.33.

Price to Earnings Growth Ratio

Carnival has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Carnival has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.72% of the float of Carnival has been sold short.

Short Interest Ratio / Days to Cover

Carnival has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carnival has recently increased by 0.34%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Carnival does not currently pay a dividend.

Dividend Growth

Carnival does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Carnival is 108.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Carnival will have a dividend payout ratio of 95.69% in the coming year. This indicates that Carnival may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -4.16

Percentage of Shares Shorted

5.72% of the float of Carnival has been sold short.

Short Interest Ratio / Days to Cover

Carnival has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carnival has recently increased by 0.34%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.64

News Sentiment

Carnival has a news sentiment score of 0.64. 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 lower news sentiment than the 0.86 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 39 news articles for Carnival this week, compared to 21 articles on an average week.

Search Interest

87 people have searched for CCL on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

32 people have added Carnival to their MarketBeat watchlist in the last 30 days. This is an increase of 191% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Carnival insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.60% of the stock of Carnival is held by insiders.

Percentage Held by Institutions

67.19% of the stock of Carnival is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCL Stock Analysis - Frequently Asked Questions

How have CCL shares performed this year?

Carnival's stock was trading at $24.92 at the beginning of the year. Since then, CCL stock has increased by 15.0% and is now trading at $28.67.

How were Carnival's earnings last quarter?

Carnival Corporation (NYSE:CCL) released its quarterly earnings data on Tuesday, June, 24th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm's revenue was up 9.5% compared to the same quarter last year.
Read the conference call transcript.

Does Carnival have any subsidiaries?

Carnival subsidiaries include 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 more.

Who are Carnival's major shareholders?

Top institutional investors of Carnival include Assenagon Asset Management S.A. (0.24%), Wedge Capital Management L L P NC (0.15%), Perpetual Ltd (0.14%) and Swedbank AB (0.04%). Insiders that own company stock include Randall J Weisenburger, David Bernstein and Sir Jonathon Band.
View institutional ownership trends.

How do I buy shares of Carnival?

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.

What other stocks do shareholders of Carnival own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Carnival investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Delta Air Lines (DAL) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 6/24/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 9/29/2025
• Fiscal Year End: 11/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: LEISURE&REC SVS
• Sub-Industry: Hotels Resorts & Cruise Lines
• Current Symbol: NYSE:CCL
• CIK: 815097
• Web: www.carnival.com
• Phone: (305) 599-2600
• Fax: 305-399-4696
• Employees: 100,000
• Year Founded: 1972

Price Target and Rating

• Average Price Target for Carnival: $28.65
• High Price Target: $35.00
• Low Price Target: $22.00
• Potential Upside/Downside: -0.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.65
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.85
• Trailing P/E Ratio: 15.50
• Forward P/E Ratio: 16.20
• P/E Growth: 0.63
• Net Income: $1.92 billion
• Net Margins: 9.72%
• Pretax Margin: 9.80%
• Return on Equity: 27.88%
• Return on Assets: 5.20%

Debt

• Debt-to-Equity Ratio: 2.58
• Current Ratio: 0.34
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $25.97 billion
• Price / Sales: 1.29
• Cash Flow: $3.98 per share
• Price / Cash Flow: 7.21
• Book Value: $8.57 per share
• Price / Book: 3.35

Miscellaneous

• Outstanding Shares: 1,167,404,000
• Free Float: 1,078,681,000
• Market Cap: $33.47 billion
• Optionable: Optionable
• Beta: 2.61