NYSE:CCL

Carnival Co. & - CCL Stock Forecast, Price & News

$11.34

+0.52 (+4.81%)

(As of 02/1/2023 12:00 AM ET)

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Today's Range: $10.62
▼
$11.42
50-Day Range: $7.67
▼
$11.02
52-Week Range: $6.11
▼
$23.86

Volume: 46.82 million shs
Average Volume: 40.54 million shs
Market Capitalization: $12.63 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.68

Institutional Ownership

Carnival Co. & MarketRank™ Forecast

Analyst Rating: Hold
2.12 Rating Score
Upside/Downside: 3.3% Upside
$11.71 Price Target
Short Interest: Healthy
11.26% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.16
Upright™ Environmental Score
News Sentiment: 1.34
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.18) to $0.80 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

Consumer Discretionary Sector

164th out of 277 stocks

Water Transportation Industry

11th out of 18 stocks

2.1

Analyst's Opinion

Consensus Rating
Carnival Co. & has received a consensus rating of Hold. The company's average rating score is 2.12, and is based on 6 buy ratings, 7 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.71, Carnival Co. & has a forecasted upside of 3.3% from its current price of $11.34.
Amount of Analyst Coverage
Carnival Co. & has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
11.26% of the outstanding shares of Carnival Co. & have been sold short.
Short Interest Ratio / Days to Cover
Carnival Co. & has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Carnival Co. & has recently decreased by 5.42%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Carnival Co. & does not currently pay a dividend.
Dividend Growth
Carnival Co. & does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Carnival Co. & will have a dividend payout ratio of 250.00% in the coming year. This indicates that Carnival Co. & may not be able to sustain their current dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Carnival Co. & has received a 31.01% net impact score from Upright. Carnival seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Cruises" product. See details.
Environmental Sustainability
The Environmental Impact score for Carnival Co. & is -4.16.

4.1

News and Social Media Coverage

News Sentiment
Carnival Co. & has a news sentiment score of 1.34. 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 higher news sentiment than the 0.53 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Carnival Co. & this week, compared to 8 articles on an average week.
Search Interest
122 people have searched for CCL on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.
MarketBeat Follows
51 people have added Carnival Co. & to their MarketBeat watchlist in the last 30 days. This is an increase of 55% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Carnival Co. & insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.50% of the stock of Carnival Co. & is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
49.87% of the stock of Carnival Co. & is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Carnival Co. & are expected to grow in the coming year, from ($0.18) to $0.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Carnival Co. & is -2.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Carnival Co. & is -2.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Carnival Co. & has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Carnival Co. & (NYSE:CCL) Stock

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.

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CCL Stock News Headlines

February 2, 2023 | americanbankingnews.com

Carnival Co. & (NYSE:CCL) PT Raised to $13.00

February 2, 2023 | americanbankingnews.com

Carnival Co. & plc (NYSE:CCL) Sees Large Drop in Short Interest

February 2, 2023 | Investor Place Media (Ad)

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February 1, 2023 | finance.yahoo.com

Better Cruise Stock Buy: Carnival or Norwegian?

January 31, 2023 | finance.yahoo.com

Carnival Corporation Named One of America's Greatest Workplaces for Diversity 2023

January 30, 2023 | seekingalpha.com

Taking Profits In Carnival Cruise Lines

January 19, 2023 | finance.yahoo.com

Norwegian to sell $500 million notes to pay down debt; forecasts net loss

January 18, 2023 | finanznachrichten.de

Carnival PLC - Carnival Announces Glasier will not seek re-election

February 2, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

January 18, 2023 | finance.yahoo.com

Carnival Corporation Expands Next-Generation Wi-Fi Connectivity With SpaceX’s Starlink

January 6, 2023 | stocknews.com

1 Once-Loved Travel Stock That Has Lost Its Edge

January 5, 2023 | seekingalpha.com

Carnival: Its Recovery Program Is Already Priced In

January 4, 2023 | fool.com

Why Carnival Stock Fell 19% in December

December 28, 2022 | finance.yahoo.com

CARNIVAL CRUISE LINE NAMES EMERIL LAGASSE CHIEF CULINARY OFFICER

December 27, 2022 | stocknews.com

3 Terrible Stocks to Buy During a Bear Market

December 26, 2022 | seekingalpha.com

Carnival: Still Sinking

December 23, 2022 | marketwatch.com

The Ratings Game: Carnival stock is suffering its worst year on record, but looks ‘overly compelling’ to this analyst

December 22, 2022 | finance.yahoo.com

Why Carnival and Other Cruise Stocks Sank on Thursday

December 22, 2022 | barrons.com

Carnival Beats Earnings Estimates, but Fuel and Food Costs Soar

December 21, 2022 | msn.com

Carnival Cruises On Q4 Earnings: What The Demand Trends Mean For Competitors Royal Caribbean, Norwegian

December 21, 2022 | thestreet.com

Smooth Sailing? Trading Carnival Cruise Stock After Earnings Beat

December 21, 2022 | seekingalpha.com

Carnival Corporation & plc (CCL) Q4 2022 Earnings Call Transcript

December 21, 2022 | finance.yahoo.com

Carnival Sails Into Calmer Waters

December 21, 2022 | finance.yahoo.com

Carnival (CCL) Q4 Earnings Top, Revenues Miss Estimates

December 21, 2022 | finance.yahoo.com

Carnival Catches Some Wind But It's a Long Journey Back

December 21, 2022 | finance.yahoo.com

Why Carnival Stock Sailed Higher on Wednesday

December 20, 2022 | msn.com

Carnival Cruise Line Faces a Beverage Controversy

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CCL Company Calendar

Last Earnings: 12/21/2022
Today: 2/01/2023
Next Earnings (Estimated): 3/28/2023
Fiscal Year End: 11/30/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Water transportation
Sub-Industry: Hotels Resorts & Cruise Lines
Sector: Consumer Discretionary
Current Symbol: NYSE:CCL
CUSIP: 14365830
CIK: 815097
Web: www.carnival.com
Phone: (305) 599-2600
Fax: 305-399-4696
Employees: 30,000
Year Founded: 1972

Price Target and Rating

Average Stock Price Forecast: $11.71
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +3.0%
Consensus Rating: Hold
Rating Score (0-4): 2.12
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-6,094,000,000.00
Net Margins: -50.07%
Pretax Margin: -49.97%
Return on Equity: -64.76%
Return on Assets: -10.49%

Debt

Debt-to-Equity Ratio: 4.52
Current Ratio: 0.71
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $12.17 billion
Price / Sales: 1.04
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.34 per share
Price / Book: 1.79

Miscellaneous

Outstanding Shares: 1,113,479,000
Free Float: 973,619,000
Market Cap: $12.63 billion
Optionable: Optionable
Beta: 2.14

Social Links

Key Executives

Josh Weinstein
President & Chief Executive Officer

David Bernstein
Chief Financial & Accounting Officer

Gregory A. Sullivan
Chief Information Officer

Richard Brilliant
Chief Risk & Compliance Officer

Arnaldo Perez
Secretary & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCL Stock - Frequently Asked Questions

Should I buy or sell Carnival Co. & stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carnival Co. & in the last year. There are currently 4 sell ratings, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CCL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCL, but not buy additional shares or sell existing shares.
View CCL analyst ratings or view top-rated stocks.
What is Carnival Co. &'s stock price forecast for 2023?: 17 brokerages have issued 1-year target prices for Carnival Co. &'s shares. Their CCL share price forecasts range from $7.00 to $19.00. On average, they anticipate the company's stock price to reach $11.71 in the next year. This suggests a possible upside of 3.3% 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 2023?: Carnival Co. &'s stock was trading at $8.06 at the start of the year. Since then, CCL shares have increased by 40.7% and is now trading at $11.34.
View the best growth stocks for 2023 here.
Are investors shorting Carnival Co. &?: Carnival Co. & saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 125,390,000 shares, a drop of 5.4% from the December 31st total of 132,570,000 shares. Based on an average daily trading volume, of 49,880,000 shares, the short-interest ratio is currently 2.5 days.
View Carnival Co. &'s Short Interest.
When is Carnival Co. &'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our CCL earnings forecast.
How were Carnival Co. &'s earnings last quarter?: Carnival Co. & plc (NYSE:CCL) released its quarterly earnings data on Wednesday, December, 21st. The company reported ($0.85) EPS for the quarter, beating analysts' consensus estimates of ($0.89) by $0.04. The business earned $3.84 billion during the quarter, compared to analyst estimates of $3.96 billion. Carnival Co. & had a negative net margin of 50.07% and a negative trailing twelve-month return on equity of 64.76%.
Is Carnival Co. & a good dividend stock?: Carnival Co. & (NYSE:CCL) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for CCL.
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).
What is Carnival Co. &'s stock symbol?: Carnival Co. & trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCL."
Who are Carnival Co. &'s major shareholders?: Carnival Co. &'s stock is owned by a variety of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.25%), New York State Teachers Retirement System (0.08%), New York State Common Retirement Fund (0.08%), Bank of Montreal Can (0.00%), State of New Jersey Common Pension Fund D (0.06%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). Insiders that own company stock include 1994 B Shares Lp Ma, Arnold W Donald, David Bernstein, Peter C Anderson, Randall J Weisenburger, Randall J Weisenburger and Richard Glasier.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Carnival Co. &'s stock price today?: One share of CCL stock can currently be purchased for approximately $11.34.
How much money does Carnival Co. & make?: Carnival Co. & (NYSE:CCL) has a market capitalization of $12.63 billion and generates $12.17 billion in revenue each year. The company earns $-6,094,000,000.00 in net income (profit) each year or ($5.19) on an earnings per share basis.
How many employees does Carnival Co. & have?: The company employs 30,000 workers across the globe.
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..
Read More
How can I contact Carnival Co. &?: Carnival Co. &'s mailing address is 3655 N W 87TH AVE PO BOX 1347, MIAMI FL, 33178. The official website for the company is www.carnival.com. The company can be reached via phone at (305) 599-2600 or via fax at 305-399-4696.

This page (NYSE:CCL) was last updated on 2/2/2023 by MarketBeat.com Staff

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Carnival Co. & - CCL Stock Forecast, Price & News

Carnival Co. & MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Carnival Co. & (NYSE:CCL) Stock

CCL Stock News Headlines

CCL Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CCL Stock - Frequently Asked Questions

Overall MarketRank^™