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NYSE:CCLCarnival Stock Price, Forecast & News

$15.28
-0.88 (-5.45 %)
(As of 07/13/2020 04:00 PM ET)
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Today's Range
$15.25
Now: $15.28
$16.70
50-Day Range
$14.46
MA: $17.46
$24.91
52-Week Range
$7.80
Now: $15.28
$51.94
Volume39.49 million shs
Average Volume40.15 million shs
Market Capitalization$8.06 billion
P/E RatioN/A
Dividend Yield12.38%
Beta1.96
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: 4.1Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 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$9.32 per share
Book Value$48.13 per share

Profitability

Net Income$2.99 billion

Miscellaneous

Employees92,000
Market Cap$8.06 billion
Next Earnings Date9/24/2020 (Estimated)
OptionableOptionable

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Carnival (NYSE:CCL) Frequently Asked Questions

How has Carnival's stock been impacted by COVID-19 (Coronavirus)?

Carnival's stock was trading at $21.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CCL stock has decreased by 29.7% and is now trading at $15.28. View which stocks have been most impacted by Coronavirus.

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 4 sell ratings, 12 hold ratings and 7 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) announced its quarterly earnings results on Friday, July, 10th. The company reported ($3.30) EPS for the quarter, missing the Zacks' consensus estimate of ($1.79) by $1.51. The firm had revenue of $740 million for the quarter, compared to analyst estimates of $401.40 million. Carnival had a positive return on equity of 0.06% and a negative net margin of 17.57%. The company's revenue was down 84.7% on a year-over-year basis. During the same quarter last year, the company 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 declared a quarterly dividend on Thursday, January 16th. Stockholders 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 annualized dividend and a yield of 13.09%. The ex-dividend date is Thursday, February 20th. View Carnival's dividend history.

What price target have analysts set for CCL?

23 brokers have issued 12 month price objectives for Carnival's shares. Their forecasts range from $10.00 to $53.00. On average, they anticipate Carnival's share price to reach $21.47 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price. View analysts' price targets for Carnival.

Has Carnival been receiving favorable news coverage?

Media coverage about CCL stock has trended very negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carnival earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Carnival.

Are investors shorting Carnival?

Carnival saw a increase in short interest in June. As of June 30th, there was short interest totaling 122,360,000 shares, an increase of 8.2% from the June 15th total of 113,070,000 shares. Based on an average daily volume of 73,700,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 26.0% of the company's stock are short sold. View Carnival's Current Options Chain.

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 Norwegian Cruise Line (NCLH), Boeing (BA), Walt Disney (DIS), Royal Caribbean Cruises (RCL), Delta Air Lines (DAL), General Electric (GE), AT&T (T), Bank of America (BAC), Walgreens Boots Alliance (WBA) and NVIDIA (NVDA).

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 many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%), Unison Advisors LLC (0.03%), Envestnet Asset Management Inc. (0.02%), MERIAN GLOBAL INVESTORS UK Ltd (0.02%), DNB Asset Management AS (0.01%) and IFM Investors Pty Ltd (0.01%). 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 institutional investors are selling Carnival stock?

CCL stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Sound Income Strategies LLC, Municipal Employees Retirement System of Michigan, and IFM Investors Pty Ltd. View insider buying and selling activity for Carnival.

Which institutional investors are buying Carnival stock?

CCL stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Unison Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Teamwork Financial Advisors LLC, Acorn Financial Advisory Services Inc. ADV, Strategic Wealth Designers, Dfpg Investments LLC, and IBM Retirement Fund. 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 $15.28.

How big of a company is Carnival?

Carnival has a market capitalization of $8.06 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 7/14/2020 by MarketBeat.com Staff

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