NYSE:CCLCarnival Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Carnival Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.49 +0.52 (+6.52 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$8.02Now: $8.49▼$8.7450-Day Range$7.97MA: $26.11▼$44.0652-Week Range$7.80Now: $8.49▼$56.04Volume124.08 million shsAverage Volume63.90 million shsMarket Capitalization$4.48 billionP/E Ratio1.97Dividend Yield22.73%Beta1.98 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingCarnival has received a consensus rating of Hold. The company's average rating score is 2.12, and is based on 4 buy ratings, 11 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.53, Carnival has a potential upside of 412.8% from its current price of $8.49.Amount of Analyst CoverageCarnival has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCarnival has received 904 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarnival has received 952 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarnival has received 51.29% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Carnival and other stocks. Vote “Outperform” if you believe CCL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CCL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipCarnival is a leading dividend payer. It pays a dividend yield of 22.73%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCarnival has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Carnival is 45.45 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carnival will have a dividend payout ratio of 57.14 % next year. This indicates that Carnival will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carnival insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 24.00% of the stock of Carnival is held by insiders.Percentage Held by Institutions77.24% of the stock of Carnival is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 5.0 Earnings and Valuation Earnings GrowthEarnings for Carnival are expected to grow by 63.55% in the coming year, from $2.14 to $3.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carnival is 1.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Carnival is 1.97, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.00.Price to Earnings Growth RatioCarnival has a PEG Ratio of 0.41. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCarnival has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 5.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.33 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Water transportation Sub-IndustryHotels Resorts & Cruise Lines SectorConsumer Discretionary Current SymbolNYSE:CCL Previous Symbol CUSIP14365830 CIK815097 Webhttp://www.carnival.com/ Phone305-599-2600Debt Debt-to-Equity Ratio0.38 Current Ratio0.23 Quick Ratio0.18Price-To-Earnings Trailing P/E Ratio1.97 Forward P/E Ratio3.97 P/E Growth0.41 Sales & Book Value Annual Sales$20.83 billion Price / Sales0.22 Cash Flow$9.54 per share Price / Cash Flow0.89 Book Value$48.13 per share Price / Book0.18Profitability EPS (Most Recent Fiscal Year)$4.40 Net Income$2.99 billion Net Margins14.36% Return on Equity12.29% Return on Assets6.85%Miscellaneous Employees92,000 Outstanding Shares527,660,000Market Cap$4.48 billion Next Earnings Date4/7/2020 (Estimated) OptionableOptionable Receive CCL News and Ratings via Email Sign-up to receive the latest news and ratings for CCL and its competitors with MarketBeat's FREE daily newsletter. CCL Rates by TradingView 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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CCL stock has decreased by 61.0% and is now trading at $8.49. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Carnival? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 2 sell ratings, 11 hold ratings and 4 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 Tuesday, April 7th 2020. View our earnings forecast for Carnival. How were Carnival's earnings last quarter? Carnival Corp (NYSE:CCL) posted its quarterly earnings data on Friday, December, 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.11. The firm had revenue of $4.78 billion for the quarter, compared to analyst estimates of $4.56 billion. Carnival had a net margin of 14.36% and a return on equity of 12.29%. Carnival's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 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 given a dividend of $0.50 per share on Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 23.56%. The ex-dividend date of this dividend is Thursday, February 20th. View Carnival's dividend history. What price target have analysts set for CCL? 17 analysts have issued twelve-month 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 twelve months. This suggests a possible upside of 412.8% from the stock's current price. View analysts' price targets for Carnival. Has Carnival been receiving favorable news coverage? Media headlines about CCL stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Carnival earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCarnival. Are investors shorting Carnival? Carnival saw a increase in short interest in 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 trading volume, of 9,440,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 9.2% of the company's stock are sold short. View Carnival's Current Options Chain. Who are some of Carnival's key competitors? 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). What other stocks do shareholders of Carnival own? 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), Royal Caribbean Cruises (RCL), Intel (INTC), Bank of America (BAC) and CVS Health (CVS). 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 retail and institutional investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group 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. Which institutional investors are buying Carnival stock? CCL stock was purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group 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. 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 $8.49. How big of a company is Carnival? Carnival has a market capitalization of $4.48 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. What is Carnival's official website? The official website for Carnival is http://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 4/4/2020 by MarketBeat.com StaffFeatured Article: What is the price-to-earnings growth (PEG) ratio?
