NYSE:CCL - Carnival Stock Price, Forecast & News

Carnival's stock was trading at $21.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CCL shares have decreased by 45.1% and is now trading at $11.94. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 2 sell ratings, 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Carnival.

Carnival is scheduled to release its next quarterly earnings announcement on Tuesday, April 7th 2020. View our earnings forecast for Carnival.

Carnival Corp (NYSE:CCL) posted its quarterly earnings results on Friday, December, 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.11. The business earned $4.78 billion during the quarter, compared to analyst estimates of $4.56 billion. Carnival had a return on equity of 12.29% and a net margin of 14.36%. The firm's revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $0.70 EPS. View Carnival's earnings history.

Carnival declared a quarterly dividend on Thursday, January 16th. Stockholders of record on Friday, February 21st will be given a dividend of $0.50 per share on Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 16.75%. The ex-dividend date is Thursday, February 20th. View Carnival's dividend history.

17 brokerages have issued 12-month price targets for Carnival's shares. Their forecasts range from $6.00 to $63.00. On average, they anticipate Carnival's share price to reach $43.53 in the next twelve months. This suggests a possible upside of 264.6% from the stock's current price. View analysts' price targets for Carnival.

Media headlines about CCL stock have been trending very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carnival earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCarnival.

Carnival saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 40,007,300 shares, an increase of 37.2% from the February 27th total of 29,150,000 shares. Based on an average daily trading volume, of 9,440,000 shares, the days-to-cover ratio is currently 4.2 days. Approximately 9.2% of the shares of the stock are short sold. View Carnival's Current Options Chain.

Some companies that are related to Carnival include Marriott International (MAR), Royal Caribbean Cruises (RCL), Hyatt Hotels (H), Choice Hotels International (CHH), Marriott Vacations Worldwide (VAC), Norwegian Cruise Line (NCLH), Marcus (MCS) and Red Lion Hotels (RLH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carnival investors own include Walgreens Boots Alliance (WBA), Walt Disney (DIS), AT&T (T), Wolverine World Wide (WWW), General Electric (GE), Wendys (WEN), CVS Health (CVS), Royal Caribbean Cruises (RCL), Intel (INTC) and Bank of America (BAC).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of CCL stock can currently be purchased for approximately $11.94.

Carnival has a market capitalization of $6.30 billion and generates $20.83 billion in revenue each year. The company earns $2.99 billion in net income (profit) each year or $4.40 on an earnings per share basis. Carnival employs 92,000 workers across the globe. View additional information about Carnival.

The official website for Carnival is http://www.carnival.com/.

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.