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 Thursday, July 19th. Shareholders of record on Friday, August 24th will be paid a dividend of $0.50 per share on Friday, September 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date is Thursday, August 23rd. View Carnival's Dividend History.

Carnival declared that its Board of Directors has approved a share repurchase plan on Monday, April 24th 2017, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Carnival Corp (NYSE:CCL) posted its earnings results on Monday, June, 25th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.09. The business earned $4.36 billion during the quarter, compared to analysts' expectations of $4.32 billion. Carnival had a return on equity of 12.31% and a net margin of 15.40%. The business's revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. 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 updated its FY18 earnings guidance on Monday, June, 25th. The company provided earnings per share (EPS) guidance of $4.15-4.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.36. Carnival also updated its Q3 guidance to $2.25-2.29 EPS.

18 analysts have issued twelve-month target prices for Carnival's stock. Their predictions range from $67.00 to $83.00. On average, they anticipate Carnival's stock price to reach $74.8875 in the next twelve months. This suggests a possible upside of 28.8% 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), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW) and KNOT Offshore Partners (KNOP).

News stories about CCL stock have trended somewhat negative this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carnival earned a daily sentiment score of -0.10 on Accern's scale. They also gave media stories about the company an impact score of 45.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Carnival's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 Fred Alger Management Inc. (0.08%). 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, Fred Alger Management Inc., Pennsylvania Trust Co, CHURCHILL MANAGEMENT Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, New England Research & Management Inc. and Hartford Investment Management Co.. 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 bought by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Hexavest Inc., DnB Asset Management AS, RNC Capital Management LLC, Stralem & Co. Inc., NN Investment Partners Holdings N.V., Ledyard National Bank and Cornerstone Wealth Management LLC. 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 $58.14.

Carnival has a market capitalization of $30.85 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.