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NYSE:CCL

Carnival Stock Forecast, Price & News

$15.31
-0.93 (-5.73 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$15.07
Now: $15.31
$16.08
50-Day Range
$13.07
MA: $15.89
$18.53
52-Week Range
$7.80
Now: $15.31
$51.94
Volume51.36 million shs
Average Volume44.34 million shs
Market Capitalization$10.72 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.94
Carnival Corporation operates as a leisure travel company in North America, Australia, Europe, and Asia. It operates in four segments: North America and Australia Cruise Operations, Europe and Asia Cruise Operations, Cruise Support, and Tour and Other. The company operates cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa, AIDA, P&O Cruises (UK), and Cunard brand names. It also owns Holland America Princess Alaska Tours, a tour company in Alaska; and the Canadian Yukon, which owns and operates hotels, lodges, glass-domed railcars, and motor coaches. In addition, the company is involved in the lease of cruise ships. It sells its cruises primarily through travel agents and tour operators. Carnival Corporation was incorporated in 1972 and is headquartered in Miami, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.73 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryHotels Resorts & Cruise Lines
CUSIP14365830
Phone305-599-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.83 billion
Cash Flow$8.46 per share
Book Value$48.13 per share

Profitability

Net Income$2.99 billion

Miscellaneous

Employees92,000
Market Cap$10.72 billion
Next Earnings Date9/24/2020 (Estimated)
OptionableOptionable
$15.31
-0.93 (-5.73 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Carnival (NYSE:CCL) Frequently Asked Questions

How has Carnival's stock been impacted by Coronavirus?

Carnival's stock was trading at $21.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CCL shares have decreased by 29.6% and is now trading at $15.31.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Carnival?

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

When is Carnival's next earnings date?

Carnival is scheduled to release its next quarterly earnings announcement on Thursday, September 24th 2020.
View our earnings forecast for Carnival
.

How were Carnival's earnings last quarter?

Carnival Corp (NYSE:CCL) released its earnings results on Friday, July, 10th. The company reported ($3.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.79) by $1.51. The company had revenue of $740 million for the quarter, compared to the consensus estimate of $401.40 million. Carnival had a positive return on equity of 0.06% and a negative net margin of 17.53%. Carnival's revenue was down 84.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 earnings per share.
View Carnival's earnings history
.

How often does Carnival pay dividends? What is the dividend yield for Carnival?

Carnival announced a quarterly dividend on Thursday, January 16th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.50 per share on Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.06%. The ex-dividend date is Thursday, February 20th.
View Carnival's dividend history
.

What price target have analysts set for CCL?

23 Wall Street analysts have issued 1-year target prices for Carnival's stock. Their forecasts range from $10.00 to $50.00. On average, they anticipate Carnival's stock price to reach $19.57 in the next year. This suggests a possible upside of 27.8% from the stock's current price.
View analysts' price targets for Carnival
.

Has Carnival been receiving favorable news coverage?

News stories about CCL stock have trended negative on Friday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carnival earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.
View the latest news about Carnival
.

Are investors shorting Carnival?

Carnival saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 84,510,000 shares, a decline of 32.8% from the July 30th total of 125,710,000 shares. Based on an average trading volume of 44,160,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 18.5% of the company's shares are short sold.
View Carnival's Short Interest
.

Who are some of Carnival's key competitors?

What other stocks do shareholders of Carnival own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carnival investors own include Delta Air Lines (DAL), Norwegian Cruise Line (NCLH), Royal Caribbean Cruises (RCL), Walt Disney (DIS), AT&T (T), Tesla (TSLA), Bank of America (BAC), NVIDIA (NVDA), American Airlines Group (AAL) and Boeing (BA).

Who are Carnival's key executives?

Carnival's management team includes the following people:
  • Mr. Arnold W. Donald, CEO, Pres & Director (Age 64)
  • Mr. David Bernstein, CFO & Chief Accounting Officer (Age 61)
  • Mr. Arnaldo Perez, Gen. Counsel & Company Sec. (Age 59)
  • Mr. Stein Kruse, Group Chief Exec. Officer of Holland America Group & Carnival UK (Age 60)
  • Mr. Michael Olaf Thamm, Chief Exec. Officer of the Costa Group & Carnival Asia (Age 55)

What is Carnival's stock symbol?

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

Who are Carnival's major shareholders?

Carnival's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.65%), Public Investment Fund (8.46%), Bank of New York Mellon Corp (1.25%), AQR Capital Management LLC (0.89%), Nuveen Asset Management LLC (0.88%) and Charles Schwab Investment Management Inc. (0.41%). Company insiders that own Carnival stock include Arnaldo Perez, Arnold W Donald, David Bernstein, Randall J Weisenburger, Sir Jonathon Band and Stein Kruse.
View institutional ownership trends for Carnival
.

Which major investors are selling Carnival stock?

CCL stock was sold by a variety of institutional investors in the last quarter, including Cooke & Bieler LP, Prudential PLC, Federated Hermes Inc., SG Americas Securities LLC, Pzena Investment Management LLC, New York State Common Retirement Fund, Russell Investments Group Ltd., and Chartwell Investment Partners LLC.
View insider buying and selling activity for Carnival
.

Which major investors are buying Carnival stock?

CCL stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Public Investment Fund, AQR Capital Management LLC, Nuveen Asset Management LLC, Ardevora Asset Management LLP, Aristeia Capital LLC, Two Sigma Advisers LP, and Scout Investments Inc.. Company insiders that have bought Carnival stock in the last two years include Arnold W Donald, and Randall J Weisenburger.
View insider buying and selling activity for Carnival
.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Carnival's stock price today?

One share of CCL stock can currently be purchased for approximately $15.31.

How big of a company is Carnival?

Carnival has a market capitalization of $10.72 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.

What is Carnival's official website?

The official website for Carnival is www.carnival.com.

How can I contact Carnival?

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.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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