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. Stockholders 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 dividend yield of 3.36%. The ex-dividend date is Thursday, May 24th. This is a positive change from Carnival's previous quarterly dividend of $0.45. View Carnival's Dividend History.

Carnival declared that its board has authorized a share repurchase program on Monday, April 24th 2017, which permits the company to repurchase $1,000,000,000.00 in outstanding 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 programs are typically a sign that the company's board of directors believes its shares are undervalued.

Carnival Corp (NYSE:CCL) announced its quarterly earnings data on Monday, June, 25th. The company reported $0.68 EPS for the quarter, topping the Zacks' consensus estimate of $0.59 by $0.09. The business had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.32 billion. Carnival had a net margin of 15.40% and a return on equity of 12.31%. The company's revenue was up 10.4% on a year-over-year basis. During the same period last year, the business earned $0.52 EPS. 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 estimate of $4.36. Carnival also updated its Q3 guidance to $2.25-2.29 EPS.

18 Wall Street analysts have issued twelve-month target prices for Carnival's stock. Their forecasts range from $67.00 to $83.00. On average, they anticipate Carnival's share price to reach $74.8875 in the next year. This suggests a possible upside of 25.8% 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), Teekay Offshore Partners (TOO), Golar LNG Partners (GMLP), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).

News headlines about CCL stock have trended somewhat positive on Thursday, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Carnival earned a media sentiment score of 0.10 on Accern's scale. They also gave news headlines about the company an impact score of 45.96 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Carnival's stock is owned by a number 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 Pendal Group Ltd, Bank of Montreal Can, Pennsylvania Trust Co, CHURCHILL MANAGEMENT Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, New England Research & Management Inc., Bremer Trust National Association and Daiwa SB Investments Ltd.. 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 purchased 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 $59.53.

Carnival has a market capitalization of $31.09 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.