NYSE:CCL - Carnival Stock Price, Price Target & More

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

Carnival announced a quarterly dividend on Wednesday, April 11th. Investors of record on Friday, May 25th will be given a dividend of $0.50 per share on Friday, June 15th. This represents a $2.00 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Thursday, May 24th. This is an increase from Carnival's previous quarterly dividend of $0.45. View Carnival's Dividend History.

Carnival declared that its board has initiated a share buyback plan on Monday, April 24th 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Carnival Corp (NYSE:CCL) announced its quarterly earnings results on Monday, June, 25th. The company reported $0.68 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.09. The firm earned $4.36 billion during the quarter, compared to analysts' expectations of $4.32 billion. Carnival had a return on equity of 12.31% and a net margin of 15.40%. The company's quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. View Carnival's Earnings History.

Carnival is scheduled to release their next quarterly earnings announcement on Tuesday, September, 25th 2018. View Earnings Estimates for Carnival.

Carnival issued an update on its FY18 earnings guidance on Monday, June, 25th. The company provided EPS guidance of $4.15-4.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.36. Carnival also updated its Q3 guidance to $2.25-2.29 EPS.

18 brokers have issued 1-year price targets for Carnival's stock. Their forecasts range from $67.00 to $83.00. On average, they expect Carnival's stock price to reach $74.8875 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Ratings for Carnival.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Carnival include Royal Caribbean Cruises (RCL), Carnival (CUK), Brookfield Infrastructure Partners (BIP), Kirby (KEX), Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).

Media headlines about CCL stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Carnival earned a news impact score of 0.07 on Accern's scale. They also assigned media stories about the company an impact score of 45.68 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Carnival's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (0.25%), NN Investment Partners Holdings N.V. (0.22%), Bank of Montreal Can (0.21%), Miller Howard Investments Inc. NY (0.16%), Hexavest Inc. (0.13%) and Calamos Advisors LLC (0.05%). Company insiders that own Carnival stock include Alan Buckelew, Arnaldo Perez, Arnold W Donald, David Bernstein, Richard Glasier, Sir John Parker, Sir Jonathon Band and Stein Kruse. View Institutional Ownership Trends for Carnival.

CCL stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Pennsylvania Trust Co, CHURCHILL MANAGEMENT Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, New England Research & Management Inc., Bremer Trust National Association, Daiwa SB Investments Ltd. and Retirement Systems of Alabama. Company insiders that have sold Carnival company stock in the last year include Alan Buckelew, Arnaldo Perez, Arnold W Donald, David Bernstein, Richard Glasier, Sir Jonathon Band and Stein Kruse. View Insider Buying and Selling for Carnival.

CCL stock was acquired by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Hexavest Inc., DnB Asset Management AS, NN Investment Partners Holdings N.V., Ledyard National Bank, MHI Funds LLC, Columbia Partners L L C Investment Management and Gulf International Bank UK Ltd. View Insider Buying and Selling for Carnival.

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

One share of CCL stock can currently be purchased for approximately $58.59.

Carnival has a market capitalization of $30.80 billion and generates $17.51 billion in revenue each year. The company earns $2.61 billion in net income (profit) each year or $3.82 on an earnings per share basis. Carnival employs 99,200 workers across the globe.

Carnival's mailing address is 3655 N W 87TH AVE PO BOX 1347, MIAMI FL, 33178. The company can be reached via phone at 305-599-2600.