NYSE:CCLCarnival Stock Price, Forecast & News

Carnival's stock was trading at $21.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CCL stock has decreased by 26.8% and is now trading at $15.9283. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carnival in the last year. There are currently 3 sell ratings, 11 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, June 18th 2020. View our earnings forecast for Carnival.

Carnival Corp (NYSE:CCL) issued its quarterly earnings data on Friday, April, 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.06. The company had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.77 billion. Carnival had a net margin of 8.94% and a return on equity of 11.52%. 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 12.56%. The ex-dividend date is Thursday, February 20th. View Carnival's dividend history.

21 analysts have issued 1-year target prices for Carnival's stock. Their forecasts range from $6.00 to $54.00. On average, they anticipate Carnival's share price to reach $29.42 in the next year. This suggests a possible upside of 84.7% from the stock's current price. View analysts' price targets for Carnival.

News coverage about CCL stock has trended positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carnival earned a news impact score of 3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the company's share price in the next few days. View the latest news aboutCarnival.

Carnival saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 101,850,000 shares, an increase of 5.2% from the April 30th total of 96,800,000 shares. Based on an average daily trading volume, of 58,660,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 26.1% of the shares of the stock 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), Marriott Vacations Worldwide (VAC), Norwegian Cruise Line (NCLH), 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 retail and institutional investors. Top institutional investors include Public Investment Fund (6.57%), BlackRock Inc. (4.65%), State Street Corp (3.58%), Primecap Management Co. CA (3.55%), Invesco Ltd. (1.87%) and Bank of New York Mellon Corp (1.18%). 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, Invesco Ltd., Capital Research Global Investors, London Co. of Virginia, Primecap Management Co. CA, Raymond James & Associates, Two Sigma Advisers LP, and APG Asset Management N.V.. View insider buying and selling activity for Carnival.

CCL stock was purchased by a variety of institutional investors in the last quarter, including Public Investment Fund, Maj Invest Holding A S, Prudential PLC, Polygon Management Ltd., Federated Hermes Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, and Parametric Portfolio Associates 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 $15.93.

Carnival has a market capitalization of $8.41 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.