NYSE:CCL - Carnival Stock Price, Forecast & News

Carnival's stock was trading at $21.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CCL stock has decreased by 40.9% and is now trading at $12.8650. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 2 sell ratings, 10 hold ratings and 5 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 Tuesday, March 31st 2020. View our earnings forecast for Carnival.

Carnival Corp (NYSE:CCL) posted its earnings results on Friday, December, 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.11. The company had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.56 billion. Carnival had a return on equity of 12.29% and a net margin of 14.36%. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 earnings per share. View Carnival's earnings history.

Carnival announced a quarterly dividend on Thursday, January 16th. Investors 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 yield of 15.55%. The ex-dividend date is Thursday, February 20th. View Carnival's dividend history.

17 analysts have issued 1-year price objectives for Carnival's shares. Their forecasts range from $6.00 to $63.00. On average, they anticipate Carnival's stock price to reach $43.53 in the next year. This suggests a possible upside of 238.4% from the stock's current price. View analysts' price targets for Carnival.

Press coverage about CCL stock has trended somewhat negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Carnival earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCarnival.

Carnival saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 40,007,300 shares, an increase of 37.2% from the February 27th total of 29,150,000 shares. Based on an average daily volume of 9,440,000 shares, the short-interest ratio is presently 4.2 days. Approximately 9.2% of the shares of the company are sold short. 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carnival investors own include Walgreens Boots Alliance (WBA), Walt Disney (DIS), AT&T (T), Wolverine World Wide (WWW), General Electric (GE), Wendys (WEN), CVS Health (CVS), Intel (INTC), Royal Caribbean Cruises (RCL) and Bank of America (BAC).

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

Carnival's stock is owned by a number of retail and institutional investors. Top institutional investors include Wealth Quarterback LLC (27.22%), Capital World Investors (7.25%), State Street Corp (3.40%), Capital Research Global Investors (1.95%), Bank of America Corp DE (1.73%) and Artisan Partners Limited Partnership (1.20%). 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 sold by a variety of institutional investors in the last quarter, including Capital World Investors, Capital Research Global Investors, Bank of America Corp DE, Nuveen Asset Management LLC, Franklin Resources Inc., Franklin Resources Inc., Renaissance Technologies LLC, and Payden & Rygel. View insider buying and selling activity for Carnival.

CCL stock was bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Artisan Partners Limited Partnership, Norges Bank, Capital International Investors, Echo Street Capital Management LLC, Bank of New York Mellon Corp, Ariel Investments LLC, and Kornitzer Capital Management Inc. KS. 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 $12.87.

Carnival has a market capitalization of $6.79 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. View additional information about Carnival.

The official website for Carnival is http://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.