NYSE:CCLCarnival Stock Price, Forecast & News

Carnival's stock was trading at $21.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CCL shares have decreased by 27.0% and is now trading at $15.88. View which stocks have been most impacted by Coronavirus.

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.

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

Carnival Corp (NYSE:CCL) released its quarterly earnings results on Thursday, June, 18th. The company reported ($3.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.56) by $1.74. The firm earned $700 million during the quarter, compared to the consensus estimate of $737.81 million. Carnival had a negative net margin of 17.57% and a positive return on equity of 0.06%. The firm's revenue was down 85.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. View Carnival's earnings history.

Carnival announced a quarterly dividend on Thursday, January 16th. Shareholders 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 dividend on an annualized basis and a dividend yield of 12.59%. The ex-dividend date of this dividend is Thursday, February 20th. View Carnival's dividend history.

23 brokers have issued 1-year price targets for Carnival's stock. Their forecasts range from $6.00 to $53.00. On average, they expect Carnival's stock price to reach $21.57 in the next year. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for Carnival.

Media coverage about CCL stock has trended negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Carnival earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near future. View the latest news about Carnival.

Carnival saw a increase in short interest during the month of 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 trading volume, of 73,700,000 shares, the short-interest ratio is presently 1.7 days. Currently, 26.0% 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), Norwegian Cruise Line (NCLH), Marriott Vacations Worldwide (VAC), Marcus (MCS) and Red Lion Hotels (RLH). View all competitors.

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).

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

Carnival's stock is owned by many different institutional and retail investors. Top institutional shareholders include Modus Advisors LLC (0.00%). 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.

CCL stock was acquired by a variety of institutional investors in the last quarter, including Modus Advisors LLC. 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.

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 $15.88.

Carnival has a market capitalization of $8.38 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.

The official website for Carnival is 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.